Business/Finance Archives - Page 33 of 63

Bearish factors for U.S. soy trump supports for canola

Last fall’s canola could become this spring’s problem

By Phil Franz-Warkentin May 18, 2017

ICE Futures Canada canola contracts ran into upside resistance during the week ended May 12, as the commodity’s own supportive fundamentals were countered by the much more bearish outlook for U.S. soybeans. Canadian canola supplies are looking rather tight, with Statistics Canada showing only 6.6 million tonnes in the country as of March 31. That’s

A HyLife truck sits by the company’s current office in Killarney. The community will soon be home to HyLife’s newest feed mill.

Hogs, Local news

Ground about to break in Killarney on HyLife feed mill

Killarney will be the home of the newest HyLife feed mill after municipal council  approved the site for building in mid-April

By Alexis Stockford May 15, 2017

Farm-to-fork pork producer HyLife has cleared the final hurdle before construction begins on a proposed feed mill in Killarney, Man. this month. The Killarney-Turtle Mountain municipal council unanimously approved a conditional use order April 19, allowing the mill to be built in the northeast end of the community. “We’ve been working with HyLife probably for

U.S. President Donald Trump is being asked to include potatoes in upcoming NAFTA negotiations.

News

Spuds may be NAFTA target

A key U.S. potato industry organization is asking the Trump administration to address its concerns in upcoming negotiations

By Manitoba Co-operator Staff May 9, 2017

The U.S. National Potato Council is calling for action in any upcoming NAFTA renegotiations. In a letter to President Donald Trump, John Keeling, NPC’s CEO, said the group “… is strongly supportive of improving the conditions for trade that we confront with Canada and Mexico.” He also noted that the two countries represent important markets

Local news

KAP debates how to spend the Canadian Grain Commission’s operating surplus

The CGC says it can’t refund the money, but it can spend it with the federal government’s approval on things related to its mandate

By Allan Dawson May 4, 2017

The Canadian Grain Commission (CGC) cannot return its operating surplus to farmers or grain companies as some farm groups suggest, according to Remi Gosselin, manager of corporate information services. “The Canada Grain Act and the Canada Grain Act regulations do not provide for refunds or rebates,” he said in an interview April 28. Nor will

Crops, News

Canadian Grain Commission proposes 24 per cent cut to major user fees Aug. 1

The question of what to do with the existing surplus remains

By Allan Dawson May 4, 2017

The Canadian Grain Commission (CGC) proposes to rein in its growing operating surplus by cutting its two major user fees Aug. 1, — eight months earlier than normally would be the case. If implemented, the combined fees for officially inspecting and weighing ships exporting Canadian grain will drop by 44 cents a tonne, or 24

Canadian dollar – monthly average 1971-2016.

Crops, Livestock, Markets

Separating your commodity and currency decisions

Currency fluctuations can be almost as significant as changing prices for your farm products

By David Derwin May 3, 2017

Since we live in Canada, while almost all commodities are traded around the world in U.S. dollars, the Canadian dollar/U.S. dollar exchange rate will have an impact on your farm revenues. And since it directly or indirectly affects almost 100 per cent of your revenues, the Canadian dollar/U.S. dollar exchange rate can and should be

Crops, News

Slow start to U.S. corn planting may lead to tug of war with soy

Although technology allows farmers to plant faster than ever before, weather can still hinder progress

By Karen Braun May 2, 2017

U.S. farmers are off to a slow start on corn plantings and even though it is still very early in the 2017 season, the numbers may already imply that total corn acres could be less than the 89.996 million that the market currently expects. The U.S. Department of Agriculture placed corn-planting progress at six per

Cereals, Local news, Oilseeds

Support grows to keep deferred cash purchase tickets

KAP and the Western Grain Elevator Association say a proposal to end the option is bad for the grain sector

By Allan Dawson May 1, 2017

Support to retain deferred cash purchase tickets for western grain farmers is building. Keystone Agricultural Producers (KAP) passed a resolution to that end at its advisory council meeting here April 20 to keep the option. The Western Grain Elevators Association (WGEA), which represents Canada’s six major grain elevator companies, also wants to keep deferred cash

Canadian Prime Minister Justin Trudeau and U.S. President Donald Trump speaking at a joint news conference earlier in February 2017.

Comment, Dairy cattle

Comment: Trump’s milk shake

Our dairy producers are now facing change, forced upon them by outside forces

By Sylvain Charlebois April 28, 2017

For the first time U.S. President Donald Trump has acknowledged that he knows of the existence of supply management, also known by the global community as Canada’s milk cartel. For years dairy farmers in Canada have been resistant to any change or reform to their policies. With NAFTA 2.0 on its way, Canadian dairy farmers

Comment, National news

Government support for agricultural innovation vital

With the agriculture policy framework up for renewal, 2018 promises to be a critical year for the future of research

By Marie Versteeg April 26, 2017

The federal government has been applauded by leaders in agriculture, research, and agribusiness up and down the value chain for the promises contained in the 2017 federal budget, released just over two weeks ago. The government’s goal is to increase Canada’s agri-food exports to at least $75 billion annually by 2025. With such an ambitious

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

Tag Archives Business/Finance