Grain markets headed into the American Memorial Day long weekend with a bearish tinge as a result of some better weather. The Canadian Loonie gained 0.45% for the week on the Bank of Canada keeping interest rates unchanged at 0.5%, which pushed canola prices down 1.1% since last Friday. Oats were the winner of the... Read More
Category: Eastern Canada
StatsCan has released its net farm income report for 2016 and the results may surprise you considering the livestock and commodity market that producers faced. According to the report, revenue held fairly stable while it was declining operating expenses that allowed net farm income to rise. A full breakdown of the report, including provincial comparisons,... Read More
Ontario corn planting isn't finished, but it’s probably done. With more rain sweeping across the province – and pushing total spring accumulation to record levels in many areas – it’s unlikely that farmers will be planting corn when things dry out, says Ontario Ministry of Agriculture, Food and Rural Affairs (OMAFRA) corn lead Ben Rosser.... Read More
As corn planting moves along in Ontario, the list of issues to deal with in the field is also progressing, as RealAg agronomist Peter Johnson has a pair of insect alerts on this week's Word. Unfortunately there's also been some frost in parts of the country, and Wheat Pete walks us through how to assess... Read More
Excuse my ranting, but I am so frustrated with slow rural internet. In fact I am getting to the point of pure outrage on most days in trying to function without reasonably fast internet as we try to run a media company from a rural farm office. The scary thing is that I am not... Read More
The federal government is extending the comment period for its proposal to potentially eliminate the deferred cash ticket option for grain sales. The department of finance, on Tuesday, announced the consultation period that was originally scheduled to end May 24th will remain open beyond seeding season, until July 24. When delivering a listed grain (such... Read More
After surveying nearly 200 weed scientists across Canada and the U.S., the Weed Science Society of America published its top ten list of "most troublesome" weeds in broadleaf crops this week. Fortunately, the most troublesome weed has not been found in Canada (yet), but there are certainly some familiar foes on this list. (Maybe there's... Read More
In a recent Fast Company magazine article there was a feature on the benefits of using technology to produce food. The article praised the efficiency gains made by implementing the latest in what technology could provide. The farm in the article is located in San Francisco. That's right, it's a vertical farm. The company's name... Read More
Global commodity giant Glencore — the majority owner of Regina-based grain company Viterra — is looking to expand its agriculture business, and has approached Bunge about a possible takeover. In a statement on Tuesday, Glencore confirmed it has "made an informal approach to Bunge Limited regarding a possible consensual business combination." Glencore notes "discussions may... Read More
Just as people in smaller cities are getting the opportunity to experience the ride-sharing service Uber, the company is launching a new way to get a load of freight hauled. Uber Freight is launching in the United States, providing a way for drivers and customers to get hitched through an Uber-based service. According to the... Read More