Business/Finance Archives - Page 25 of 63

Don’t gamble on grain marketing

Don’t play with risk, manage it for the good of your business

By Richard Kamchen March 21, 2018

Don’t be a gambler when it comes to marketing your grain, Brennan Turner, FarmLead president and CEO, urged farmers at this year’s CropConnect. “It seems like most farmers view their grain as casino chips and they don’t have too much rhyme or reason on which number on the roulette wheel that they place those chips

Crops, News

Lenders, government, railways all promise action on grain movement

With big expenses on the horizon some farmers are experiencing a difficult cash crunch because grain isn’t moving to market

By Alex Binkley March 20, 2018

Lenders are lining up to help western grain farmers who are experiencing a cash crunch due to poor rail service and the looming costs of putting in this year’s crop. Both Farm Credit Canada and the Bank of Montreal issued statements last week saying they would stand by their customers as they suffer from a

News, Oilseeds

Canola Growers kick-starts cash advance program

Earlier applications, better service and lower costs on offer this year

By Manitoba Co-operator Staff March 20, 2018

The Canadian Canola Growers Association is reminding farmers 2018-19 cash advance applications are now available. CCGA says it’s giving farmers a jump-start on spring with the group’s earliest-ever pre-application period and a reduced administration fee for its Advance Payments Program. “Many farmers take advantage of an intended seeded advance, which provides them with cash flow

Canada's Finance Minister Bill Morneau delivers the budget in the House of Commons on Parliament Hill, Feb. 27, 2018.

Comment/Feedback, Opinion

Trade wars and food fights

It would appear Bill Morneau is happy fiddling while our economy burns

By Sylvain Charlebois March 19, 2018

Bill Morneau is perhaps an influential figure in Trudeau’s cabinet, but he’s no finance minister. Given the budget he presented late last month, Minister Morneau may be more of a social justice enabler. Supporting more diversity, equality and inclusiveness is obviously critical to the betterment of our society, but most Canadians do expect more from

News

Calls grow for passage of transport bill to amend and quickly pass Transportation Modernization bill

As grain movement grinds slower shippers are calling for action on the transport file

By Allan Dawson March 16, 2018

Calls for quick passage of C-49, the Transportation Modernization Act are increasing, as are requests for interim relief for farmers who can’t move grain because of poor rail service. And several groups want C-49 amended so a similar backlog doesn’t happen again. The Saskatchewan Wheat Development Commission (Sask Wheat), the Saskatchewan Barley Development Commission and the Agricultural Producers Association

Opinion

Opinion: Flawed Bill C-49 won’t aid farmers

By Cam Goff March 15, 2018

The Senate is now studying Bill C-49, a bill to amend Canada’s Transportation Act and other related acts, which the House of Commons passed in November. The National Farmers Union (NFU) is one of many groups urging the Senate’s Transportation and Communications Committee to amend the bill before it goes back to the Senate for

Editorial, Opinion

Editorial: Long-term fix needed

By Gord Gilmour March 15, 2018

Canada’s grain handling and transportation system has descended into one of its periodic episodes of chaos and uncertainty. A big crop and some cold weather have met railways cut to the bone in search of profit, observers say, leading to the predictable outcome of grain movement grinding to a near halt. The last time was

Comment/Feedback, Opinion

U.S. to stay stuffed with soybeans despite Argentine losses

Demand for U.S. soybeans remains stubbornly depressed due to high global stocks

By Karen Braun March 13, 2018

The soy complex may be rallying on the Chicago Board of Trade, but the outlook for U.S. supply retains its bearish feel, despite significant losses to Argentina’s soybean crop amid parched conditions. Last month, the U.S. Department of Agriculture cut domestic soybean exports to 2.1 billion bushels, some three per cent smaller than last year’s

Comment/Feedback, Opinion, Other

What StatsCan and Loblaw numbers are really telling us

While food prices are rising, a newly competitive food retailing landscape makes increasing margins difficult

By Sylvain Charlebois March 12, 2018

Recent StatsCan numbers indicate that grocers are in trouble. Food inflation is now above two per cent for the first time since April 2016. This is typically good news for grocers as it gives more room for them to increase margins. But given major headwinds affecting the industry, grocers will need to get even more

Grain Markets, Markets

Prairie wheat bids rise as dollar falls

Threats of U.S. tariffs on steel and aluminum imports drag on the Canadian dollar

By Ashley Robinson - MarketsFarm March 9, 2018

Most wheat bids in Western Canada rose over the week ended March 2, following the lead of U.S. futures and taking strength from a weak Canadian dollar. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices rose in Western Canada by $1-$5, according to price quotes from a

Daily Network News

U.S. livestock: Cattle, hog futures rise on first WASDE since September

U.S. export sales include only small soybean business to China

U.S. corn and soybean yields revised down by USDA

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