Reading Time: < 1 minute MarketsFarm – While the declines in canola prices can be partially attributed to the lack of major weather concerns on the Canadian Prairies and the early development of this year’s crop, an analyst said the main reason is on a grander scale. “The major one is the overall drop in the commodity world. For instance, […] Read more

ICE weekly outlook: The larger picture behind drop in canola

ICE weekly outlook: ‘Meltdown’ not yet on canola market radar
Reading Time: < 1 minute MarketsFarm — There’s more to the sharp decline in U.S. wheat and corn futures than the possibility of Ukrainian exports returning to the global market along with the massive liquidation of longs, according to analyst Errol Anderson of ProMarket Communications in Calgary. “My theory with what is going on is that we’re seeing a fairly […] Read more

The story of high prices
Return on investment is driving a rise in farmland purchases by non-farmers that looks like it’s here to stay. Is that bad? Or good?
Reading Time: 7 minutes Farmland’s reputation as a safe and profitable asset seems sure to draw more investment dollars into rural Canada, whether farmers are happy about the extra demand for their number one source of wealth or not. A look at Calgary-based investment fund Veripath Farmland Partners and its 90,000-acre row crop portfolio shows why. Farmland is just […] Read more

Canada economy seen weaker than expected as supply chain woes weigh
Reading Time: 2 minutes Ottawa | Reuters – The Canadian economy most likely underperformed expectations in the third quarter amid ongoing supply chain woes and a brutal drought, official data suggested on Friday, prompting analysts to forecast the Bank of Canada could move slower on rate hikes. The economy expanded by 0.4 percent in August, missing estimates, and looked […] Read more

Canada concerned about supply chain issues, watching ports ‘closely’
Reading Time: < 1 minute Reuters –– Canada is concerned about the challenges facing global supply chains and is watching the country’s ports very closely, Finance Minister Chrystia Freeland said on Thursday. Freeland, speaking to reporters in Washington after meetings of the World Bank and International Monetary Fund, said she was broadly optimistic about the strength of Canada’s economic recovery […] Read more

Farming’s hottest boomtown
Guide Canada: Lethbridge has emerged as one of Canada’s hottest centres of farm and ag entrepreneurialism. How hot is that? Well, read on…
Reading Time: 11 minutes Ask anyone what they think of when they think of Alberta, and the same handful of images always come to mind. Think Banff, Jasper and the rolling foothills for a start. Now, add Lethbridge, especially if you’re a farmer. Then think excitement. Young people might be fleeing other parts of rural Canada, but not here. […] Read more

U.S. livestock: Cattle, hog futures down on big supplies, economic jitters
Surge in U.S. COVID-19 cases rattles Wall Street
Reading Time: 2 minutes Chicago | Reuters — U.S. cattle futures eased on Wednesday and hog futures were mostly lower on ample livestock supplies and concerns about rising coronavirus infections and their negative impact on the economy. Wall Street’s three major indexes tumbled on Wednesday and crude oil plunged more than five per cent as a surge in U.S. […] Read more

How healthy are mid-sized farms?
A decade ago, mid-size farms were on the endangered list. Today, most are thriving while they ponder what comes next
Reading Time: 11 minutes From coffee shop to conference hall and from boardroom to classroom, it’s the question we keep asking — what’s the future of the mid-size farm? Even the 98 per cent of Canadians who haven’t been on a farm in a generation or two talk about it from time to time. It seems there’s a solid […] Read more

Election 2019: Ag groups want the parties to pay attention
Reading Time: 2 minutes MarketsFarm — Two major national farm organizations want the political parties to pay more attention to agriculture as the federal election continues. However, the Canadian Federation of Agriculture (CFA) and the National Farmers Union (NFU) have somewhat different takes as to what they see as paramount. “It’s really important that we uphold the quality of […] Read more

Trump threatens new tariffs as U.S.-China trade tensions spike again
Reading Time: 3 minutes Washington | Reuters – U.S. President Donald Trump on Thursday moved to impose a 10 percent tariff on a remaining $300 billion list of Chinese imports starting Sept. 1, after U.S. and Chinese negotiators failed to kickstart trade talks between the world’s two largest economies. The levies – which would hit a wide swath of […] Read more