canola field

Land values may have peaked

Land prices could fall, but the only thing that really matters is if you can afford 
to make payments on what you’ve already bought

For years land prices and rents have only been doing one thing — climbing. But with the drop in commodity prices and changing markets, it seems that prices may have peaked. “I think we’re at the top of the cycle,” said Merle Good, a former tax specialist from Alberta Agriculture, and a speaker at Ag

(Dave Bedard photo)

ICE weekly outlook: Canola spikes as loonie falls

CNS Canada — ICE Futures Canada canola contracts finished higher for the week ended Wednesday, tracking the U.S. soy complex for much of the period but ultimately shooting higher due to the Canadian dollar’s sudden free-fall. The weaker currency helped improve domestic crush margins and also made canola more attractive to exporters pricing in U.S.


Loonie forecast to hold its own against U.S. greenback

The loonie will likely continue to weaken against the U.S. dollar, but should stay close to parity in medium to longer term, says ScotiaBank’s chief currency strategist. “The path of least resistance for the Canadian dollar in the near term is weaker,” said Camilla Sutton. However, lower global growth along with the less hawkish stance

Canadian dollar won’t move above parity any time soon

The Canadian dollar has seen significant declines compared to its U.S. counterpart in recent weeks, and isn’t expected to climb back above parity any time soon, according to currency analysts. The Canadian dollar has continued to move further and further below parity with the U.S. dollar, closing at US98.16 cents on Feb. 21. Although the


Farm prosperity will depend on income

Farm Credit Canada’s top economist says if you’re a Canadian farmer, you should really be hoping for the best in the Chinese economy. That’s because while population growth catches all the headlines and is credited for growing food demand, it’s looking increasingly like we’ll be able to feed nine billion by 2050. The question is

FCC accused of overstepping its mandate

A new report by a leading public policy think-tank accuses Farm Credit Canada and other federal financial Crown corporations of “mission creep” by offering services far beyond their original mandates. The report by the C.D. Howe Institute recommends their authority “should be clearly circumscribed and even rolled back” so private lenders can do more to



Canadian dollar flirts with U.S. parity

The Canadian dollar has reached parity with its U.S. counterpart because of the Bank of Canada’s commitment to a tightening bias. Despite struggling economies in the U.S. and the euro zone, the Canadian dollar will likely hover around the parity mark for the remainder of the year, according to one analyst. “The Bank of Canada



Canadian exporters stymied by high costs

Canadian exporters are stymied by higher costs, including government fees, than their competitors and as a result Canada is only doing OK as an exporter, says Rob Bryson, vice-president of Parrish & Heimbecker. Despite buoyant commodity markets, the world is walking on the edge of another bout of bad economic times, he warned the annual