When an industry struggles financially, it becomes necessary to re-evaluate how business is done. The beef industry has struggled since the discovery of BSE in 2003 and the pork industry has felt the financial pain from the H1N1 pandemic. One solution being circulated in the coffee shops across the country is to make either of… Read More
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It seems that trade issues are at the forefront right now in Canadian agriculture. We have country of origin labelling (COOL) and a volatile Canadian dollar to keep us busy. We now also have a serious situation in China where the Chinese have decided Canadian canola may be not fit to enter Chinese ports without… Read More
Last Thursday the Canadian Wheat Board released the October Pool Return Outlook. There is a lot of discussion that the oilseed story will continue into next year and the pool return outlook seems to be supporting this. I discussed the Pool Return Outlook with Jonathon Driedger, Market Analyst with Farm Link Marketing Solutions. Reaction to… Read More
With the warmest September on record it is maybe no surprise that October has been a harvesting nightmare. Ontario has been receiving its fair share of rain which has resulted in a late soybean harvest and a corn harvest that is just about to begin. There is a lot of interest in the Ontario corn… Read More
With harvest in the United States underway and off to a very slow start due to rain, there is a lot of discussion regarding the grain and oilseed market outlook. There has been many factors to consider: Struggling hog and beef sectors could hurt feed grain demand In the US, initial corn yields look very good Ethanol… Read More
To say that the currency market is volatile would be quite the understatement. We have seen the USD decrease in value by 15-20% in a very short time period. The economy has been a well discussed topic in the media, in the local coffee shop and in every boardroom of corporate America. The weakness in the US dollar (USD)… Read More