Welcome to the Q4 2024 edition of WAGS’ quarterly newsletter. We hope you enjoy the poultry, swine and ruminant articles this go ‘round! Lots of change is ongoing in the world, with war in multiple continents and the unpredictability of a new US government that leans to more protectionist US policy…. “Making the Global Economy Unpredictable Again” is the title of a recent news article in a major US publication...
Thanks for tuning into the Q3 ’24 version of our newsletter. Lots of global events on the go impacting commodity markets with inflation, interest rate cuts, conflicts in the middle east, global container rates climbing again… and of course a US presidential election just heating up. Q2 brought a wild ride in the grain market with a surge in the wheat and protein markets before things calmed back down again as we got into July...
Happy Spring! Some early spring snowstorms helped moisture levels a bit, seeding has begun, and hog prices have climbed. Certainly a few positives since the last newsletter was released in January! It was a busy first quarter of 2024. There were some great trade shows in Swift Current, Lethbridge, Red Deer and Great Falls that the team attended. Nice getting to see a lot of producers with whom we work with at these shows and equally great to see the number of awards they won highlighted later in the newsletter...
Happy New Year! May 2024 bring great performance and dropping feed prices to all of your operations. Saying this feels a little like déjà vu, but may the new year also bring improved livestock prices as we proceed for 2024. Catching up with many from the hog industry in Banff earlier this month, there is an eye on dropping commodity prices. Managing production margin on the way down will be critical to preserving cashflow of your operations...