It's no secret that there was still 2023 crop on-farm at the end of July. Some of that old crop won't have moved even as the calendar flips to September. I'm not sure that this is uncommon during cycles where the market is in decline over an extended period. For three years prior, the best... Read More
Category: Markets
While Prime Minister Justin Trudeau and his deputy Chrystia Freeland say applying steep tariffs on electric vehicles (EVs) and steel from China is in Canada's national interest, the organization that represents Canada's agri-food exporting sectors is reminding the government it's also in Canada's interest to maintain an international rules-based system for trade. The Canadian government,... Read More
More than nine thousand railway workers at both of Canada's main railways — Canadian National Railway (CP) and Canadian Pacific Kansas City Railway (CPKC) — are returning to work after the Canada Industrial Relations Board (CIRB) decided to uphold the federal labour minister's order to impose final and binding arbitration to reach new collective bargaining... Read More
When farmers set set their sights at higher target yields, one of the limiting factors is often soil fertility. Securing nitrogen fertilizer is costly and dependent on long supply chains. Genesis Fertilizers is looking to meet the nitrogen fertilizer needs of Canadian crops with a farmer-owned urea fertilizer plant planned for Belle Plaine, Sask. Currently,... Read More
Live cattle trade in the south was quieter this week, and prices drifted lower says Anne Wasko of the Gateway Livestock Exchange, in this edition of the Beef Market Update. While trade has been quieter, there's still plenty to discuss about what's happening in the beef and cattle markets both in the U.S. and Canada.... Read More
As the Canadian harvest season gets underway, there’s a noticeable shift in farmer sentiment across the country. That's according to the latest Canadian Farmer Sentiment Index, gathered in July from over 500 farmers. Justin Funk and Shaun Haney, co-founders of RealAgristudies, are here to unpack the July 2024 results, touching on key topics such as... Read More
In the not so distant past, the interconnectivity of supply chain logistics was made all too clear through parts availability shortages, back-ordered equipment, and stranded container traffic. The average Canadian likely has a much healthier respect for supply chains post-pandemic, including the recognition that once a disruption occurs, supplies don't magically reappear once it's sorted... Read More
Picton Terminals and Parrish & Heimbecker Limited have announced plans to build a bulk agricultural marine terminal at Picton Terminals in Ontario's Prince Edward County. The partners say the new terminal will significantly reduce travel time for local farmers, alleviate truck traffic on Highway 401 and enhance the overall efficiency of the agricultural supply chain.... Read More
Monday's USDA acreage report was a surprise to Chip Flory not because of the numbers in the report, but because the acreage adjustment happened so soon in the growing season. Flory, host of AgriTalk, says the USDA's move to knock off 700,000 acres of corn and add a million soybean acres does make sense, but... Read More
Over 40 per cent of Ontario's beef farmers that access the Feeder Cattle Loan Guarantee Program are under the age of 40, and that figure is part of the motivation behind the government significantly increasing the money set aside for the program and doubling the amount a producer can qualify for. Minister of Agriculture, Food,... Read More