Reading Time: < 1 minute CNS Canada –– Agriculture sector equity rose slightly in 2016, according to a Statistics Canada balance sheet on the industry. Farm sector equity totaled $500.3 billion for the year ending Dec. 31. That’s a 4.5 per cent increase, or $21.6 billion, from the same period a year ago, according to the report released Wednesday. Farm […] Read more
Ag sector equity rises in 2016
Report sees Canadian meat prices rising at faster pace
Reading Time: < 1 minute CNS Canada — Canadians will be paying more for meat than earlier thought in 2017, according to a new report from Dalhousie University. Expected price declines for other foods, however, will limit the impact on the total grocery bill in the country. In the mid-year update for Canada’s Food Price Report, researchers at Dalhousie in […] Read more
Hourly employees in agriculture among lowest paid
Reading Time: < 1 minute CNS Canada –– Hourly-wage employees in agriculture and related production were among the lowest earners nationally, according to data from Statistics Canada. The agency on Thursday released data on wages paid to payroll employees in 2016. It reported the average hourly wage paid to full-time employees, excluding overtime pay, tips, incentives and performance pay arrangements, […] Read more
Canadian canola crush sets new weekly record
Reading Time: < 1 minute Canada’s canola crush hit a new weekly record during the week ended Wednesday, with processors across the country operating at nearly full capacity. The canola crush during the week ended March 22 came in at 208,268 tonnes, according to the most recent Canadian Oilseed Processors Association report. That puts the crush capacity utilization for the […] Read more
Saskatchewan crops battle through moisture
Reading Time: < 1 minute Commodity News Service Canada – Saskatchewan crops are in generally good condition despite recent wet and windy weather, says the Saskatchewan government. In a release, the province said sixty-two per cent of the spring wheat, winter wheat, flax and canola was in good condition as of July 25. Lentils are rated as 15 per cent excellent, […] Read more
Farmers dismayed over Port of Churchill closure
Reading Time: 2 minutes Manitoba’s largest general farm organization Keystone Agricultural Producers is calling on the federal government to keep the Port of Churchill operating until the end of the 2016 shipping season and beyond. Workers at the Port of Churchill were told Monday there would be no grain shipments going through the port this season, leaving approximately 10 […] Read more
ICE weekly outlook: Canola rangebound amid bearish tone
Reading Time: < 1 minute CNS Canada –– ICE Futures Canada canola contracts eked out minor gains for the week ended Wednesday. The increase, however minimal, may have come as welcome relief to a market caught in the grip of large global oilseed supplies for several weeks. “Canola will hang in here until there is a bullish sentiment that can […] Read more
Baltic Dry Index hits record low
Reading Time: < 1 minute The Baltic Dry Index fell to its lowest levels ever on Friday, which bodes well for the competitiveness of Canadian grain exports. The BDI, a gauge of global ocean freight prices, was quoted Friday at 498 points — the first time the index dipped below 500 since records began in 1985. The index was trading […] Read more
Pulses: Lentil-based beer unveiled in Saskatchewan
Reading Time: < 1 minute CNS Canada –– Following are a few highlights in the Canadian and world pulse markets on Thursday, Nov. 5. • Shortages and resulting high local prices in India remain at the forefront of the global pulse market. However, government efforts to ease the situation are starting to be seen in the domestic market, with the […] Read more
Global markets: U.S. jobless claims rise
Reading Time: < 1 minute CNS Canada — The following is a glance at the news moving markets globally. EGYPT EXPECTED TO IMPORT A WIDER VARIETY OF FOOD — Despite currency issues that have put a damper on imports and created difficulty for small and medium sized businesses in the country, Egypt has said it will be importing a wider […] Read more
A message from April Stewart, Country Guide's Associate Editor
