Category: Western Canada
Crop yields continue to increase across North America, but so do yield and market volatility. According to Dr. Alan Ker, director of the University of Guelph’s Institute for the Advanced Study of Food and Agricultural Policy, increased volatility is something farmers will have to get used to as the impact of innovation and climate change... Read More
U.S. Agriculture Secretary Sonny Perdue is making his first international trip as secretary on Monday, meeting with Canada's Agriculture Minister Lawrence MacAulay and other Canadian government officials in Toronto.
Soybean futures have dropped to 14-month lows and corn is seemingly unable to break through a brick wall at $3.96/bu. The bears are seemingly winning over the bulls and their weather concerns. Soybeans broke lower last week from the Brazilian currency tanking with the JBS corruption scandal, which made Brazilian beans cheaper for foreign buyers... Read More
Grain markets entered the month of June all in the red under some varying opinions of what the crop potential is looking like in the Northern Hemisphere. Canola ended up being the biggest loser of the week, down 3.25% as planting pace picked up in Western Canada. Chicago wheat was the 2nd-worst performer for the... Read More
While Chicago wheat futures trended lower, spring wheat contracts on the Minneapolis Grain Exchange rose sharply this past week on concerns about the supply of higher quality, high protein wheat. The September contract closed on Friday at US$5.87/bu — the highest it's been since the middle of June 2016. There are three primary factors, explains... Read More
As the smell of barbecue fills the air in many neighbourhoods, this is normally the time of year when cattle market highs are well behind us. But the market moved against that trend this week, as live and feeder cattle futures, as well as cash prices, climbed higher. In this week's edition of the Beef... Read More
This spring has been a challenge for many growers in the northern tier of Alberta and Saskatchewan due to wet conditions continuing from last fall. As it feels like crop insurance deadlines are screaming by, growers have limited choices on what to do with these potentially unseeded acres. There are basically three options: seed a... Read More
The federal government is moving toward establishing a national food policy that will revolve around four "pillars," but details on what it will look like beyond that have yet to be determined, according to Agriculture Minister Lawrence MacAulay. The minister launched consultations, including an online survey, on establishing a national food policy in a speech... Read More