Fertilizer pricing and supply have been real challenges for some growers across the country heading into the 2022 growing season. Farm and industry groups have been pushing governments to remove potential barriers, as many farmers are within a month of putting seed in the ground. Whether it has been the pandemic, shipping congestion, production failures,… Read More

Update, as of early March 22:  CP Rail and the Teamsters Canada Rail Conference have agreed to binding arbitration, ending the work stoppage as it extended into its third day. Normal business operations for the railway are supposed to resume on Tuesday, March 22. The ongoing work stoppage at Canadian Pacific Railway is forcing canola… Read More

After a few years’ pause, the Bank of Canada increased the overnight rate March 2, 2022. Analysts suggests it’s the first of at leasts two or more increases for this calendar year alone, to try and cool inflation (that is sitting just below 6 per cent at last report). For lines of credit, variable rate… Read More

Canadian Pacific Railway (CP Rail) has triggered the 72-hour notice required for a lockout of over 3,000 conductors, engineers and other railway employees who are members of the Teamsters Canada Rail Conference (TCRC). Unless the union and railway reach a negotiated settlement or agree to binding arbitration in the meantime, the lockout would begin at 00:01… Read More

The 2021 average increase in farmland values isn’t entirely surprising, says J.P. Gervais, chief economist for Farm Credit Canada (FCC), but the magnitude of the increase certainly is. With a weighted average of 8.3 per cent on the year, the significant weather events of the year — the extreme drought for the Prairies and parts of… Read More

The United States Department of Agriculture (USDA) is out with its monthly World Agricultural Supply and Demand Estimates (WASDE) report. Pre-report, many were questioning to what extent the war in Ukraine, which has driven markets higher over the last two weeks, would be accounted for. The USDA has made some adjustments — albeit minor —… Read More

When crop prices are favourable, it can seem that any pricing strategy works. That said, the higher prices are, the more inherent risk there is in leaving crop unpriced. There’s plenty of volatility in the world right now, with no end in sight, and that makes the risk management strategy all the more important. Which… Read More

 

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