Business/Finance Archives - Page 46 of 63

SeCan is celebrating its 40th anniversary. The not-for-profit company is Canada’s biggest distributor of certified seed.

SeCan celebrates 40th anniversary

Canada’s largest certified seed distributor is even more relevant today, says general manager Jeff Reid

By Allan Dawson July 8, 2016

SeCan was ahead of the curve when founded in 1976 — and still is today, says general manager Jeff Reid. “I think it is interesting that 40 years after SeCan was initiated, it seems in many respects to almost be just coming-of-age now, with all the talk about public, private and producer partnerships,” Reid said

CME Soybean Monthly nearby (chart as of June 28, 2016)

Markets, Pulse markets

Drozd: Bear trap catches shorts looking down at bottom of soybean market

As they scrambled to cover (buy back) their positions, the market was propelled higher

By David Drozd July 8, 2016

The soybean futures market at the CBOT has rallied $3.50 per bushel in the past four months. This strength may have come as a surprise to some market participants, given U.S. soybean ending stocks have increased in each of the past two years. However, astute chart readers were led to believe that something was up

Cereals, News

CP CEO says company ready for bumper crop, shippers skeptical

Company says new investments will increase ability to move a big crop

By Allan Dawson July 7, 2016

The CPR says it’s ready to move a bumper crop, but agriculture industry observers remain somewhat skeptical. CP CEO Hunter Harrison said, in a recent letter to Transport Minister Marc Garneau, the company is aware a big crop is on the horizon and is prepared for it. “I think it is good news that CP

Crops, News

Farmers, grain companies warn railways be ready to move a big crop

Western production could exceed the  five-year average

By Allan Dawson June 30, 2016

The prospects of another bumper crop this year have western Canadian grain companies and farm leaders warning the railways to be ready. They want to avoid a repeat of the colossal and costly backlog of 2013-14 when crop production set a new record by a large margin. “We know it’s going to be a big

Tall stacks of garlic at a market in Jinxiang county of eastern Shangdong.

Crops, International news

Red-hot garlic market lures Chinese investors

A handful of wealthy business people are driving a runaway market in this savoury delicacy

By Jinxiang, Reuters June 29, 2016

Yang Fei doubled his money last year buying and selling in the unofficial garlic capital of the world. He did pretty well the year before, too, and the year before that. One of a few dozen garlic agents in Jinxiang, in China’s eastern Shandong province, 34-year-old Yang is at the centre of a trade that

Comment

Farm cash receipts should be stable for 2016-17

By J.P. Gervais June 29, 2016

Here’s some encouraging news. Farm cash receipts should be relatively stable across all provinces in 2016-17. Each province combines a different mix of crops and livestock products that result in varied provincial receipts, but the overall trends appear steady. There are a number of reasons this is likely to be the case. Commodity prices show

Total farm cash receipts projected to remain strong.

News

Canadian farm equipment sales forecast higher in 2017

Equipment sales and farm cash receipts are directly connected says Farm Credit Canada in a report released this week

By Allan Dawson June 28, 2016

When farmers make money they spend it — most often on land and equipment — to improve productivity. With total Canadian farm cash receipts projected to increase just 0.1 per cent this year, Farm Credit Canada (FCC) is forecasting a seven per cent drop in farm equipment sales for 2016 and a seven per cent

Livestock, News

North Dakotans put ‘corporate’ farming to vote

Voters back repeal of a law allowing corporate operation of dairy and hog farms

By Reuters June 27, 2016

North Dakotans in a statewide referendum June 14 voted to repeal a law enacted last year that changed decades of family-farming rules in the state by allowing corporations to own and operate dairy and hog farms. Results posted on the North Dakota state government website put the unofficial final vote count from the ballot measure

Our History

Mobile phones of yesteryear and crops reach a “desperate” stage

Our History: June 1988

By Manitoba Co-operator Staff June 16, 2016

Mobile communication options today look different than those offered in our June 16, 1988 issue. Last week’s Our History item was from 1961, which had been driest ever on the Prairies, even drier than the 1930s. That dubious distinction ended in 1988, and our front-page story described crop conditions as “desperate.” The Red River Valley

Female Farmer with Digital Tablet in Vegetable Garden

News

Women lag in agriculture leadership roles

Of 65 national and provincial associations, only eight have a woman as their board chairperson or president

By Alex Binkley June 14, 2016

While many women work in the agri-food sector, few reach decision-making positions, says a report by the Canadian Agriculture Human Resources Council (CAHRC). The number of women working in the sector is unknown, the council says. At the farm level, about 30 per cent of workers are women but not many are regarded as decision

Daily Network News

U.S. grains: Soy futures hit June 2024 high as China ramps up buying

U.S. livestock: Cattle futures rebound after tariff reduction news

Canadian food, agriculture coalition to underscore CUSMA importance in Washington

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