According to Dow Jones Newswires, CME Group has agreed to buy the Kansas City Board of Trade for US$126 million. CME already owns the Chicago Board of Trade (CBOT). By purchasing Kansas City, CME would then offer wheat contracts for both soft and hard wheats, along with several other agriculture commodity contracts. While it’s not… Read More

According to the Canola Council of Canada’s press release, president Patti Miller has urged the Standing Committee on Finance to “sustain the momentum of Canada’s canola industry by supporting strategic investments and policy direction in three priority areas – research, market development and market access.” Her comments are in regards to up-coming potential changes to… Read More

With yesterdays surprise announcement by Dalton McGuinty that he was stepping down as the Premier of Ontario, people took to twitter to speak out in favor and against the tenure of the resigning Premier. As we discussed yesterday, it would appear by the discussion on Twitter that Ontario farmers do not believe very strongly about Dalton McGuinty’s… Read More

Ah, October — when farmers’ thoughts turn to fall field work, turkey dinners and canola seed.  2012 was a tough year for the oilseed, there’s no doubt, but a difficult growing season can really highlight the strengths and weaknesses in your canola seed genetics. While some will stick with the tried and true, others are… Read More

It’s no surprise that the fertilizer markets have cooled off this fall, but those farmers shopping for a deal may not want to wait too long to pre-buy. Record prices for corn and soy will definitely pressure prices in to the new growing season, and international buyers are out shopping. Remi Schmaltz, general manager of… Read More

Canada has officially been asked to join the Trans Pacific Partnership, a trade group of now 11 countries representing 658 million people. Trade deals have been a major focus of Stephen Harper’s government, but as of yet a major trade deal had alluded him. This TPP invitation, then, is a very big deal. Joining the… Read More

The cattle industry is facing some big challenges. Feed prices, exchange rates, beef recalls and a stalled cow herd size are pressuring the industry.  We must not forget how good this industry has been to many and that volatility leads to opportunity for those that have foresight. On November 13 and 14th, Canfax will be… Read More