Ceres Global Ag Corp. has suspended plans to build a canola crush plant and refinery along the Canada-U.S. border at Northgate, Saskatchewan. The publicly-traded company says it has decided to halt the project “due to a variety of factors, including but not limited to, inflationary pressures resulting in higher costs than initially projected and shifting… Read More
A question for many when they hear about inflation and rising prices is: how does this impact food, beef, and and what are the potential effects on demand? The extreme volatility doesn’t help anything either, says Anne Wasko, of the Gateway Livestock Exchange, in this week’s Beef Market Update. “One day it’s going to be… Read More
What goes up must come down, but if you’re waiting for deflation to begin any time soon, you may be in for a long wait. Inflation — and the increasing interest rates designed to put a pin in it — is top of mind for every economist right now, and Farm Credit Canada’s chief economist… Read More
Grain markets are losing some steam as summer starts to heat up, but it’s not the dry corn crop that’s driving the sell-off. Joe Vaclavik, founder and president of Standard Grain based in Tennessee, says that yes, weather is front and centre for those with plenty of experience trading agriculture commodities, but there’s far more… Read More
Extreme high temperatures are hitting many parts of central North America, increasing the potential for heat stress in cattle, warns Karl Hoppe, North Dakota State University livestock systems specialist. “One day of heat stress is uncomfortable, but two or more days back to back without night cooling can be deadly for livestock,” says Hoppe. “Signs… Read More
After a dreary few weeks, we’re starting this episode of the Beef Market Update on a positive note. Anne Wasko, of the Gateway Livestock Exchange, says on her ranch in southwest Saskatchewan, they got some rain, and hey, the markets are on the way up. The markets started out this week slow, but quickly picked… Read More
Picture this: You’re driving down a backroad and a vehicle approaches. You glance at your hand on the steering wheel. What happens next? Does one finger move up with a nod of recognition? Do you give a two finger salute? Maybe you give an entire hand wave? Or, if you’re like me, sometimes the wave… Read More
This editorial was first published on Breaking the Box blog by Kristjan Hebert. I call myself a recovering accountant. I joke about it, but I do love numbers. Numbers don’t lie. As much as I have a soft spot for a family farm and building a legacy for my children, it always comes down to… Read More
It isn’t uncommon to read about issues happening around the world that create hardship for some but leaving others unaffected, however; food inflation is not one of them. The rising cost of food is an issue being felt throughout North America and across the globe. Although it can be easy to focus on rising total… Read More
It’s a global game of chess and it’s Russia’s move. With ongoing talks of Russia allowing wheat exports to come out of Ukraine, which could mean 50 to 60 million metric tonnes of wheat, those market values have experienced a slight decline over the recent past; however some experts are saying it’s not likely long-lived… Read More
In an effort to establish new trade agreements with Asia, the U.S. has announced its intention to enter in to a trade pact named the Indo-Pacific Economic Framework. Canada was not included, but experts say there’s no need to fret over the forgotten invitation. Carlo Dade, director of the trade and investment centre with the… Read More
Stagflation, inflation, rising food costs…these are all factors that are creating murky waters in front of beef demand, if you look at the rest of the 2022 calendar year. Anne Wasko of the Gateway Livestock Exchange says in our latest Beef Market Update, that even if you look at live cattle futures, and live cattle… Read More
The U.S. has filed a new trade complaint over Canada’s freshly updated rules for dairy imports. On Wednesday, U.S. Trade Representative, Katherine Tai, announced the U.S. has once again requested dispute settlement consultations with Canada under the Canada-U.S.-Mexico trade agreement (CUSMA or USMCA) over Canada’s dairy *tariff rate quota (TRQ) system, which was updated in… Read More
Although we’ve experienced dips in market pricing, there are good reasons to be cautiously optimistic about where commodity prices are for now, unless we see some significant changes in the local and global landscape. There are many factors that are currently affecting commodity markets. First and foremost is the ever-unfolding situation between Russia and Ukraine…. Read More
Every year, there seems to be times we have more questions about the crop than others. As the wheat crop is emerging is often one of those times. In order to get those questions answered properly, there’s a few different things you’re going to need to do, says Jeremy Boychyn, agronomy research extension specialist with… Read More
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