Farmland Values Take Another Jump

The value of Canadian farmland climbed 7.4 per cent during the first half of 2011, the biggest jump in 3-1/2 years, a large Canadian farm lender said Nov. 14. Among Canada s 10 provinces, values rose the fastest in Saskatchewan, where farmland s worth climbed 11.6 per cent on average from Jan. 1 to June

Commodity Groups Want A Trade Deal With South Korea

Commodity groups and processors are urging the federal government to get cracking on a free trade agreement with South Korea to ensure Canadian exports are not displaced by competitors. Trade talks between Canada and South Korea have been stalled since 2008. South Korea is a valuable market for Canadian grains and oilseeds, said Jim Everson,


Chicago Soybeans Put Pressure On Winnipeg Canola

column Canola futures on the ICE Futures Canada trading platform lost ground during the week ended Nov. 11. Much of the price weakness was associated with the downward price action experienced in the CBOT (Chicago Board of Trade) soybean complex and with the unsettled ongoing macroeconomic picture. Keeping a firm floor under canola was steady

Brazil Claims Soybean Export Crown

CHICAGO / SAO PAULO / REUTERS Brazil will wrest the mantle of the wor ld s top soybean exporter from the United States in the coming year, in the latest sign of America s slowly diminishing role in global food trade. Just months after data showed the United States would supply less than half of


ADM To Build Canola Biodiesel Plant In Canada

briefs reuters / U.S.-based agribusiness Archer Daniels Midland Co. said Nov. 14 that it would build a 265-millionlitre biodiesel plant in Lloydminster, Alta. The plant would crush canola, Canada s second- biggest crop after spring wheat, and boost ADM s North American biodiesel production capacity by 50 per cent. ADM said it would start building



Apples And Oranges Add Up To Bananas

We ve observed over time that it s become increasingly difficult for civil servants to maintain that blurry distinction between policy and politics. But there can be no question that Agriculture and Agri-Food Canada has crossed the line with its marketing freedom website. It was undoubtedly pushed, but the result is the same. There can



Topping Action In Soybean Meal Sends Calming Signal

Livestock producers were left scratching their heads when the December 2011 soybean meal futures contract posted a new high in late August. The news was incredibly bullish, as concerns of an early frost were on producers minds. The big question was, Should I be locking in the price of meal before it gets any higher?

Markets Toss And Turn On Economic Uncertainty

ICE Futures Canada canola contracts bounced around within a relatively narrow range during the week ended Oct. 28, posting declines in most months, aside from the nearby November. The gains in the front month were tied to position-evening ahead of deliveries against the contract, as traders exited their positions in November and the spread narrowed