I’m no psychologist, psychiatrist or sociologist, but I understand from discussions with experts that as social creatures, humans are prone to experiencing “group mentality.” Quite simply: we are easily influenced by the thoughts and actions of our associates. We also tend to associate with like-minded individuals, who reinforce our biases. It is my concern that… Read More

The internationally un-known artist, Banksy, has expanded his portfolio with two recent food-related exhibits in New York City. The first takes aim at  McDonald’s, with a life-size statue of Ronald McDonald. The exhibit includes a young boy, polishing McDonald’s oversized clown shoes, and will be moved to a new McDonald’s restaurant daily. An audio recording on… Read More

The Alberta government announced it will use $4.7 million from the TIER fund through Emissions Reduction Alberta to build a facility in Lethbridge to produce renewable fuel. The Canary Biofuels facility, with an estimated worth of $28.6 million, will produce approximately 70 million litres of high-value renewable fuel. The facility is slated to be the… Read More

While year-to-date numbers from the Association of Equipment Manufacturers have been weak in terms of new equipment sales numbers, especially for 4-wheel drive tractors and combines, the used equipment market has been strong. As the cost of new equipment has soared, used machinery — even something as old as 15 plus years — has become… Read More

It has been an immensely fast-paced day in regards to NAFTA 2.0 talks. Monday began with Mexico and the United States agreeing to a bilateral trade deal that was described as an “understanding.”  U.S. President Donald Trump alluded to the fact that NAFTA had a very negative meaning for Americans so he would be giving… Read More

Grain markets this week saw a significant sell-off as better growing conditions are helping improve crop prospects. Soybeans had a terrible week, down 5.35%. Chicago wheat wasn’t that far behind, down 5.3%. Oats fell 2.5%. Corn and canola were both down 1.9%. This despite the Canadian Dollar also falling 1.8% from its high last week…. Read More

Grain markets started losing some of their lustre this week as favourable weather didn’t turn out to be so helpful for the bulls. Going into the last week of the quarter and the month, we’re about to get some major reports that the market is preparing for. On Thursday, June 29th, we’ll get Statistics Canada… Read More

Grain markets headed into the Easter holiday weekend on a bit more volatility, helping most futures stay in the green. Oats were the big winner, rebounding up 4.15% since last Friday, closely followed by 3.5% and 3.15% by soymeal and corn respectively. The U.S. dollar was the big loser of the week, down 0.6%, which supported… Read More