The US dairy industry is really struggling to survive. Milk prices are depreciated which is causing significant financial hardship. In Canada, this seems to a bit of a foreign concept considering that Canadian dairies are supply managed. The current situation will definitely provide argument from the US to file to WTO and will entice Canadian… Read More

Today, President Obama visits Canada and sits down with Prime Minister Harper. Currently, the Democrats are using the poor economy as an excuse to push their protectionist agenda forward. Canada and Mexico need to be very aware of what is transpiring and how it will affect agriculture in the future. Please do not think that… Read More

Larry Hicks of Cattlehedging.com was one of the keynote speakers at the Tiffin Conference yesterday in Lethbridge. Larry spoke about the necessity of risk management in the beef business. Larry very clearly outlined what hedging is and that there is much more involved than calling your broker to buy or sell futures contracts. He emphasized… Read More

John Scott, President, Canadian Federation of Independent Grocers, spoke on the grocery market this morning in Lethbridge Alberta at the Tiffin Conference. John emphasized that grocers are trying to “be something” to the consumer. He emphasized that consumers are going to different stores to get different products. When I think my families purchasing habits we… Read More

Risk is well known board game, played on a map of the world, in which players effectively bet (take on calculated risk) and play to take over more and more countries and ultimately rule the world. I am just musing here, but if you were taking stock of countries and their respective currencies, would it… Read More

In my role at Haney Farms, I get to chat with many farmers from across the country which allows me to keep my finger on the pulse of the farming community. Another great way to further understand the pulse or the issues of farmers is to talk to equipment dealers, grain buyers and financiers to… Read More

Yesterday, I spent some time talking to Dr. Danny LeRoy, Associate Professor of Agricultural Economics at the University of Lethbridge.  We spoke at great length about the economy and the affect it will have on agriculture.  I was speaking to Dr. LeRoy for research that I was doing for my Grainews column.  To say that Dr. LeRoy… Read More

I am sitting in my office completely drawn to CNBC’s coverage of the capitulation of the US economy. The story is riddled with denial, accusations and lack of clarity. The question that keeps on getting raised in our office is, “how does this affect our company.” The DOW is down 700 points and maybe headed… Read More

 

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