Business/Finance Archives - Page 14 of 63

Canola trade watches, waits as China developments unfold

China’s initial purchases of U.S. soy were underwhelming

By Ashley Robinson - MarketsFarm December 20, 2018

China was the theme of the week for commodity markets. Whether it was the ongoing drama between the U.S. and China or the Huawei executive case in Canada, China had all the North American commodity markets on edge for the week ended Dec. 14. As had been the case since the G20 meeting between U.S.

Manitoba Wheat and Barley Growers Association chair Fred Greig says creating crop committees will address concerns raised about directors’ workload and crop representation if five Manitoba commodity groups amalgamate.

Local news, News

Commodity group merger revised

The new proposal will address concerns from farmer-members

By Allan Dawson December 20, 2018

Five Manitoba commodity groups have revised their amalgamation proposal. It now includes four crop committees to address concerns around director workload and crop representation and want members’ input until votes on merging are held in February 2020. “We heard the concerns expressed on the original proposal,” Fred Greig, chair of the Manitoba Wheat and Barley

News, Other

CFA and CCFI to lead development of public trust strategy

The federal government is putting up the dollars but is letting industry drive the bus

By Alex Binkley December 17, 2018

Agriculture and Agri-Food Canada has awarded about $440,000 to the Canadian Federation of Agriculture and the Canadian Centre for Food Integrity (CCFI) to develop a strategy to boost consumer confidence in food. CFA’s role in the strategy development will be to manage and administer the process nationally through the Public Trust Steering Committee (PTSC). It

Market access and boosting canola production remain top priorities, says the Canola Council of Canada

News, Oilseeds

Canola council’s new priorities aim to be more efficient, effective

Changes are coming to promotion, agronomy and funding

By Allan Dawson December 13, 2018

The Canola Council of Canada has slashed its budget by 40 per cent for the upcoming year. The organization is revamping its priorities to be more effective and efficient in growing Canadian canola markets and production. The changes, which include a shift in canola promotion, the council’s role in agronomy and funding, received unanimous support

News

2019 Canada Food Price Report: Meat prices to decline

This is the first time since its inception that the report is forecasting lower prices for meat tied to rising consumer interest in switching over to more plant-based protein in their diets

By Lorraine Stevenson December 13, 2018

Canadian households are going to pay more for food next year, but for the agriculture industry the telling point is what they’ll be spending their money on. Canadian households can expect to see a 3.5 per cent increase to their overall food bill next year — spending about $411 more — according to Canada’s Food

Canola crush margins have improved in the past few months thanks to a low Canadian dollar.

Grain Markets, Markets

Blowback from Chinese CEO’s arrest may drag on markets

New data from StatsCan might (or might not) support canola

By Phil Franz-Warkentin December 13, 2018

ICE Futures canola contracts moved higher during the week ended Dec. 7, although whether that trend continues is questionable. A rally in Chicago Board of Trade soybeans Monday morning (Dec. 3) provided the initial spark for a move higher in canola, as participants reacted to news of a tentative trade truce between the U.S. and

Grain shippers worry oil cars like these will displace hopper cars, especially in light of a recent Alberta government announcement to buy oil cars to get more crude to market.

News, Other

Grain shippers wary as more oil moves to rail

Officials from both CN and CP Rail say increasing oil traffic will not hurt their grain service

By Allan Dawson December 12, 2018

Western grain shippers are watching closely to ensure their rail service doesn’t decline as oil shipments increase. “We would be concerned if either railway were to reduce grain capacity in favour of crude oil,” Wade Sobkowich, executive director of the Western Grain Elevator Association said in an interview Dec. 5. “Regardless of what the needs

Palm Reading Hand Gesture on White Background

Comment

Comment: Reading the facts at hand — or in your palm

If you ignore bad news because you don’t want to hear it, it’s at your peril

By Alan Guebert December 12, 2018

Years ago, an enterprising neighbour operated a palm reading business from her home with just a secretary, fax machine, and telephone. Her business model was simple: After clients faxed their photocopied handprint and sent some form of payment (rumour had it, it was $20), our neighbour telephoned them with the results of the “reading.” While

Murad Al-Katib, of AGT Food and Ingredients, told the Grain World conference Canada will be a world leader in plant-based protein.

News

Canada will lead world in plant protein

Pulse executive Murad Al-Katib is predicting great things for western Canadian agriculture in the coming years

By Glen Hallick - MarketsFarm December 11, 2018

Murad Al-Katib believes there are tremendous opportunities for Canadian agriculture on the world stage. The president and CEO of Regina-based AGT Food and Ingredients delivered this message Nov. 14 as the keynote speaker at the 2018 edition of the Grain World conference in Winnipeg. “When I was a kid I used to say we are

News, Oilseeds

Canola council’s new priorities aimed at efficiency, effectiveness

Market access and production still top the list, while changes are coming to promotion, agronomy and funding

By Allan Dawson December 11, 2018

The Canola Council of Canada has slashed its budget by 40 per cent for the upcoming year. The organization is revamping its priorities to be more effective and efficient in growing Canadian canola markets and production. The changes, which include a shift in canola promotion, the council’s role in agronomy and funding, received unanimous support

Daily Network News

U.S. grains: Soy hits 17-month high, corn to four-month top as trade braces for U.S. data

Federal budget shows remaining disconnect between agriculture, policymakers, panelists say

U.S. livestock: Cattle futures continue downward

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