If you're wondering what on earth is going on with the canola market, you certainly aren't alone. Shaun Haney, RealAgriculture founder, took this question to Jonathon Driedger, vice president of Leftfield Commodity Research, to gain some clarity. At the time of the interview, November canola was almost at $800. At the end of May, the... Read More
Category: Markets
Port workers in B.C. who have been on strike for the past 13 days will be returning to work, after the British Columbia Maritime Employers Association and the International Longshore and Warehouse Union Canada agreed to a proposal from federal mediators on Thursday. The two sides have reached a tentative four-year agreement and are finalizing... Read More
Corn, soybean, and wheat futures all dropped on Wednesday following the release of the U.S. Department of Agriculture's July supply/demand estimates. The USDA did not reduce its production estimates to the extent analysts were expecting due to dry conditions in the U.S. Midwest and the markets reacted to the downside for August soybeans and the... Read More
We're into the dog days of summer, and the cattle markets are certainly reflecting that. Add in the July 1st holiday in Canada, and July 4th in the U.S., and we've got a slow start to the markets this week, says Anne Wasko of the Gateway Livestock Exchange. However, that doesn't mean we don't have... Read More
Farmers across Canada may have planted slightly more canola and wheat than expected, if Statistics Canada's acreage estimates prove to be accurate. The agency released its June field crop survey results on Wednesday (June 28), and it underlined a shift away from pulses and smaller acreage crops toward growing more canola, wheat, soybeans, and corn.... Read More
Richardson International has announced plans to upgrade eight elevators located on Canadian Pacific Kansas City rail lines in Western Canada. The work will allow these sites to load longer trains under CPKC's 8,500-foot high efficiency product (HEP) model. The company says construction is set to begin at Richardson Pioneer locations in Alberta, Saskatchewan, and Manitoba... Read More
By Karen Proud In the fall of 2022 the world’s population cracked 8 billion and we are projected to hit 8.5 billion by 2030, a year that coincides with many ambitious climate objectives. One of those objectives is a voluntary target of reducing GHG emissions from the application of nitrogen fertilizer by 30 per cent... Read More
For many, branding season is quickly coming to a close. Calves are moving out to grass where possible, and the summer season is underway, says Anne Wasko of the Gateway Livestock Exchange. On this week's episode of the Beef Market Update, host Shaun Haney and Wasko discuss a few key topics including western Canadian cattle... Read More
A well-written contract should spell out the risk and responsibilities of both parties involved. In agriculture, grain contracts spell out expectations, but the Agricultural Producers Association of Saskatchewan says current contracts don't go far enough to manage farmers' risk. Following an estimated $60 million in farmer losses due to cancelled contracts with one grain buyer... Read More
EPA announced a final rule Wednesday to establish renewable volume obligations (RVO) and associated percentage standards for cellulosic biofuel, biomass-based diesel (BBD), advanced biofuel, and total renewable fuel for 2023–2025. The industry had been waiting for this final rule after a disappointing proposed rule months ago. Stakeholders' reaction to the final rule was consistently negative,... Read More