Winnipeg | CNS Canada — As U.S. President Donald Trump follows his “America first” policy and pulls out of trade deals, it could spell future opportunity for the Canadian agricultural industry, according to Dermot Hayes, a professor with the department of economics at Iowa State University. “In D.C. it’s chaotic. It’s the craziest situation I’ve
U.S. anti-trade agenda could benefit Canadian ag
Prairie wheat bids mixed along with U.S. futures
Minneapolis March spring wheat futures declined 4.25 U.S. cents on the week
Wheat bids in Western Canada were mixed for the week ended Jan. 19, following the lead of U.S. markets where wheat futures fell in Minneapolis and rose in Kansas and Chicago. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were mixed in Western Canada with some falling
Pulse weekly outlook: Australia makes progress with India, Canada waits
CNS Canada –– Pulse crop prices in Western Canada are holding steady while questions remain about the future of trade with India. India in November imposed a 50 per cent import tariff on peas and in December a 30 per cent tariff was placed on chickpeas and lentils. The tariffs were imposed overnight and left
India will continue to import Canadian pulses, AGT says
CNS Canada — Pulse crop trade with India hasn’t been rosy lately but the head of a Canadian pulse shipping and processing company believes the tides will soon change. “India’s going to buy again this year. We’ll have to see what level but we think the recoveries are going to start slowly,” said Murad Al-Katib,
Manitoba cattle markets seen due for correction
Market volatility is expected on heavier-weight cattle
It was a strong start to the new year for the Manitoba beef sector as the 2018 auction year kicked off; however, one cattle buyer said it won’t continue. “I hate to be doom and gloom but the facts are the facts and I spent a lot of time studying this stuff for the job
CBOT weekly outlook: Markets stabilize following USDA reports
CNS Canada — Corn and soybean contracts on the Chicago Board of Trade (CBOT) are catching up following the release of U.S. Department of Agriculture (USDA) reports last Friday. Corn “went down on Friday in response to the report. We couldn’t file through it all yesterday. So we actually ended up finding some short-covering and
Loonie to stay range bound in 2018
Higher oil prices and an expected interest rate rise are keeping the Canuck buck aloft
Following the Canadian dollar’s recent rally it should stay range bound, according to financial analysts. “It’s a little bit of an exciting story for the loonie. We’re just kind of seeing it range bound but that’s sort of what the fundamentals are telling us,” said Brian DePratto, senior economist with TD Economics. Over the course
Prairie wheat bids follow U.S. futures higher
The Canadian dollar rose almost one U.S. cent on the week
Hard red spring wheat bids in Western Canada rose over the past week, following the lead of U.S. futures markets, despite gains in the Canadian dollar. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices rose by about $3-$4 per tonne in some areas of Western Canada, according
Agrium, Potash Corp merger shouldn’t have much of an impact yet
CNS Canada – Farmers shouldn’t be too concerned yet that the recent Agrium, Potash Corp of Saskatchewan merger will cause an increase in the price of fertilizer, at least according to the president of one provincial producer group. “(The merger is) a hard one to find a whole bunch of negatives or positives about it.
Prairie wheat bids fall as dollar rises
Canadian farmers are starting to lose the exchange rate protection they’ve enjoyed
Hard red spring wheat bids in Western Canada fell over the holidays, while the Canadian dollar was on an upward swing. Depending on the location, average Canada Western Red Spring (13.5 per cent protein CWRS) wheat prices fell by approximately $3 to $4 per tonne in some areas of Western Canada, according to price quotes
Cyber-Savvy Farmer
