The ABCs of cattle options and futures

The ABCs of cattle options and futures

These tools can help you manage both your costs and your revenue

An estimated 27,000 cattle producers across the Prairies manage about nine million head in cow-calf, feeder and stocker operations worth approximately $8 billion, according to StatsCan data. That’s a lot of money. So it’s no surprise more and more cattle producers want to learn about price protection for their cattle. Speaking with producers at the

Politics and a renewed vigour of nationalism are making it increasingly difficult for international trade.

Comment: Agricultural trade in the age of protectionism

The entire industry and government must work harder than ever to ensure market access

The world has entered a new age of nationalism, resulting in growing trade protectionism and increasing barriers for Canadian farmers and exporters who depend on international markets. The idea that trade is about winning or losing is dangerous and misleading. This idea ignores the world’s growth over the last 75 years and the disastrous outcomes


Comment: A competitive concern

Too-high fees from the grain industry’s key regulator hurt the entire industry

In the August 16 edition of the Manitoba Co-operator, Allan Dawson’s article contains quotes from the Canadian Grain Commission (CGC) about why a fee reduction wasn’t part of its decision for the surplus. The CGC does not believe a reduction would be passed through grain handlers to farmers, and this is positioned as a major

Will Saudi sanctions put G3 on the selling block?

Canada’s grain industry has questions but G3 isn’t saying much

How will Saudi Arabia’s sanctions, including a ban on Canadian grain purchases, affect G3? The grain sector was abuzz with speculation last week given the grain company that acquired the Canadian Wheat Board’s assets in 2015 is a partnership between the state-owned Saudi Agricultural and Livestock Investment Co. (SALIC) and U.S. grain company Bunge. The


A cheaper CGC producer protection plan

A fund would be cheaper than bonding but it would require changes to the Canada Grain Act

A fund to cover farmers when grain companies fail to pay them is a cheaper way to protect producers than the current ‘bonding’ system, says the Canadian Grain Commission’s assistant chief commissioner Doug Chorney. However, before a change can be made the Canada Grain Act has to be amended and that’s up to the minister

August is peak season for farmers’ markets and other forms of direct marketing in Manitoba. Customers visit farm stands and local markets to meet growers and entrepreneurs selling an increasingly diverse range of products.

Manitoba’s direct-marketing sector gaining strength and diversity

There’s still lots of potential to grow this sector, says Direct Farm Manitoba spokesman

Early August is the peak of summer and peak time for sales at farmers’ markets, farm stands and other ways Manitobans sell their farm-grown products direct to customers. More farm families see the potential to make sales and earn extra revenues this way and the growth in this sector is steady, says spokesman for Direct


Opinion: Amazon and Whole Foods – one year later

The blockbuster deal has forced domestic grocery giants to adapt quickly

One after the other, grocers are going virtual. All of them, at some point over the last 12 months, have announced some sort of commitment to an e-commerce strategy. Costco launched its home delivery pilot in Ontario, while Maxi’s, Loblaw’s discount stores in Quebec, were the latest to jump on the virtual bandwagon with their

Farmers may be hesitant to plant soybeans next year due to market uncertainties related to the U.S.-China trade war, and if so, this could mean more corn acres and a potential glut in the market in 2019.

Opinion: Corn may be an unintended trade war victim in 2019

Wheat is also likely to see the effect of a stampede out of beans

U.S. corn supply is predicted to plunge by 23 per cent over the next year, but the tighter domestic market may be a short-lived phenomenon pending the resolution of the U.S.-China trade war. The world’s two largest economies have been embroiled in a trade battle in which Beijing hit U.S. soybeans with a 25 per


The Canadian Grain Commission building in Winnipeg.

Grain Commission fees plan meets mixed reaction

Some say excess fees should be refunded, others say 
they’ll never find their way back to farmers

Western Canada’s grain industry is divided over how the Canadian Grain Commission (CGC) wants to use $90 million in surplus service fees. They were ultimately collected from farmers following fee increases ordered by the Harper government in 2013 to make the CGC self-sufficient. Some groups want the money returned to farmers through reduced CGC fees,

Fresh dairy milk in glass and bottle

Rising consumer demand benefits dairy farmers

The growing market pull comes in the wake of lower prices and the face of trade uncertainty

The first half of 2018 has brought positive signs for dairy farmers but it’s hard to predict what the rest of the year will bring, says Farm Credit Canada. Butterfat production increased six per cent year over year to the end of April, bringing higher total revenues to producers even with a lower milk price,