Business/Finance Archives - Page 40 of 63

Stock market chart on LCD screen. Selective focus.

As the year closes, some troubling numbers

Wall Street, the 'Trump bump' and the near future for commodity markets

By Alan Guebert December 21, 2016

If it’s all about the numbers, a journalist’s stock-in-trade, what are the numbers telling this journalist as 2016 fades and 2017 rises? First, according to the World Wildlife Fund’s (WWF) Plowprint Report, issued Nov. 16, “Since 2009, 53 million acres of grasslands — an area the size of Kansas — have been converted to cropland

Comment, Comment/Feedback

Don’t derail trade deals

By Zippy Duvall December 6, 2016

It was a good harvest this fall, with many American farmers seeing record yields. But the blessing of a good harvest can also be a burden if you don’t have enough customers for your crops. With the lowest commodity prices on corn and soybeans in more than a decade, farmers need access to more markets

CBOT oat December 2016. (chart as of Nov. 18, 2016)

Grain Markets, Markets

Drozd: Oat futures rally to a one-year high

Market Outlook: The increase might seem sudden but charts predicted upward movement

By David Drozd December 2, 2016

Oat futures at the CBOT experienced a 40 per cent gain from September 13 to October 28, 2016. The December 2016 oat futures rallied $.69 per bushel (all figures U.S. funds), going from a low of $1.71 to $2.40, a one-year high. The December oat futures contract had been in a major downtrend since it

Local news

North asks AMM to support Port of Churchill

Resolution asks AMM to lobby to ensure port stays open for 2017 shipping season

By Manitoba Co-operator Staff December 1, 2016

The Association of Manitoba Municipalities wants the province and federal government to make revitalizing the Port of Churchill and ensuring operations of the rail line to the northern town their top priority. The town of Churchill’s mayor and council asked delegates for support, bringing an emergency resolution to last week’s municipal leaders’ convention in Winnipeg.

Comment, Comment/Feedback

Preparing for Trump’s food world

Many Trump policies could have wide-ranging impact on food and agriculture around the globe

By Sylvain Charlebois November 28, 2016

After the shock comes the reality of understanding what a Trump presidency and a Republican-dominated Congress will mean to all of us. Over the last two years, policies on immigration, trade and security have dominated the campaign. Not much was said about agriculture or food policies. By the looks of it though, a new approach

A rendering of what G3’s proposed Vancouver grain terminal on the north shore of Burrard Inlet, will look like, if the project goes ahead. While G3 has most of the necessary permits for the project, there are still many details to work out before G3’s board of directors decides to start construction, says G3 official Brett Malkoske.

Cereals, News

A look at G3’s proposed new Vancouver grain terminal

A spiral track would allow trains to arrive on site, ease congestion elsewhere,  and unload intact before returning to the Prairies

By Allan Dawson November 25, 2016

G3’s proposed Vancouver grain terminal will be the most efficient in North America and maybe the world, Doug MacDonald told Prairie farm leaders touring the port Nov. 15. CN’s vice-president of bulk commodities made the comment as the group’s boat cruised by the Lynnterm break bulk terminal on the north shore of Burrard Inlet, where

Farmers from the Alberta Federation of Agriculture, Agricultural Producers Association of Saskatchewan and Keystone Agricultural Producers toured the Port of Vancouver last week, including Cargill’s grain terminal.

News

Western Canada’s publicly owned grain cars need replacing

Who will own the new ones and who will pay for them?

By Allan Dawson November 24, 2016

One thing most farmers and the railways agree on is the current fleet of aging government and publicly owned grain hopper cars soon needs to be replaced. Doug MacDonald, CN’s vice-president of bulk commodities, told representatives from the Alberta Federation of Agriculture (AFA), Agricultural Producers Association of Saskatchewan and Manitoba’s Keystone Agricultural Producers (KAP) Nov.

CN Rail vice-president of bulk commodities, Doug MacDonald, met with a group of farmers representing the Alberta Federation of Agriculture, Canadian Federation of Agriculture, Agricultural Producers Association of Saskatchewan and Keystone Agricultural Producers at the Port of Vancouver last week to discuss ways to improve the grain-handling and transportation system.

News

Prairie farm leaders meet CN Rail in Vancouver

It was an attempt to build bridges and ultimately improve grain shipping, but farmers remain unclear about the impact the MRE is having on car replacements

By Allan Dawson November 24, 2016

Prairie farm leaders praised CN Rail for agreeing to meet here last week to discuss ways to improve Western Canada’s grain-handling and transportation system. “I was impressed with the openness of CN,” Keystone Agricultural Producers (KAP) president Dan Mazier said in an interview (watch a video interview further down). “I think they were genuine today.”

Dairy cattle, News

Dairy sector gets $350 million from feds

The investment is intended to offset losses expected in the sector when CETA is implemented

By Alex Binkley November 22, 2016

Dairy farmers and processors are welcoming a $350-million investment in their sector ahead of the Canada-Europe Trade Agreement coming into force. The $250 million over five years, available through the Dairy Farm Investment Program, will assist farmers to update their equipment to improve productivity, said an announcement from Agriculture Minister Lawrence MacAulay. The money would

University of Manitoba supply chain professor, Barry Prentice says the maximum revenue entitlement is bad for farmers as well as the railways.

Crops, News

MRE counterpoint claims system hurts everyone

VIDEO: Barry Prentice says the MRE is bad for western grain farmers and the railways

By Allan Dawson November 16, 2016

Western grain farmers and the railways would be better off if the maximum revenue entitlement (MRE) was scrapped, according to Barry Prentice, an agricultural economist and professor of supply chain management at the University of Manitoba. “Farmers may be losing more on (grain) prices (because Canada is seen as an unreliable supplier) than they ever

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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