Reading Time: 2 minutes The Bank of Canada on Wednesday held its policy rate at 2.25 per cent, as widely expected, and Governor Tiff Macklem said the high level of uncertainty made it difficult to predict when and how rates might next change.
Bank of Canada holds rates, says hard to predict future moves
National survey of farmer and rancher mental health launches
Reading Time: < 1 minute The Canadian Centre for Agricultural Wellbeing has launched its third National Survey of Farmer and Rancher Mental Health in Canada.
U.S. grains: Soybean futures rise as dollar hits four-year low
Reading Time: 2 minutes Chicago | Reuters – U.S. soybean futures crept higher on Tuesday and wheat finished nearly unchanged as a sliding dollar underpinned prices. Corn futures ended slightly lower. The drop in the dollar index, which sank near a four-year low, helped to steady grain prices after a pullback on Monday, making U.S. crops look cheaper overseas, […] Read more
U.S. livestock: Cattle retreat, hogs rise
Reading Time: < 1 minute Chicago cattle futures retreated on Tuesday as regions of the U.S. reopened following snowstorms. “Weather impacts on the cattle market should begin to loosen up starting today as the region thaws,” StoneX said in a note. Most-active April live cattle futures lost 0.600 cents to close at 237.400 cents a pound. June contracts closed at […] Read more
Canada must resist EU non-tariff trade barriers says Grains Council
Reading Time: 2 minutes Canada should lead like-minded countries to protect agricultural markets from non-tariff barriers based in politics rather than science, the Canadian Grains Council said in a new report.
Pulse Weekly: Spike in yellow peas slowing
Reading Time: 2 minutes Although the price increases for Canadian yellow peas have started to slow, there could be more of the peas planted come spring, said Kress Schmidt, broker with Johnston Grains in Calgary.
Bayer to build Winnipeg canola research site
Reading Time: < 1 minute Bayer will build at $45 million canola research and development centre in Winnipeg the company announced on Monday.
Russia targets seeds market as traditional export customers boost grains production
Reading Time: 2 minutes Russia, the world’s largest wheat exporter, will target global markets with its seeds and technologies as its grain markets are expected to shrink with other countries raising production, Agriculture Minister Oksana Lut said on Tuesday.
China buys more Canadian canola
Reading Time: 2 minutes Chinese importers secured up to 10 Canadian canola cargoes following Prime Minister Mark Carney’s visit to Beijing earlier this month, two trade sources told Reuters.
Klassen: Western Canadian calf prices ratchet higher
Reading Time: 2 minutes For the week ending January 24, Western Canadian feeder cattle markets traded $10/cwt lower to $10/cwt higher compared to seven days earlier. The market was quite variable depending on flesh conditions and genetic quality. Prices for backgrounded yearlings or fall placed calves were steady to $5 higher on larger packages on controlled weight gain diets; […] Read more
A message from April Stewart, Country Guide's Associate Editor
