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Regulators harming not helping: Maple Leaf exec
News

Regulators harming not helping: Maple Leaf exec

Canadian policies are ‘hurting economic growth and competitiveness’

By
A senior Maple Leaf Foods official says Canadian policies, programs and regulations are hurting economic growth and competitiveness. Rory McAlpine, senior vice-president of government and industry relations, made the remarks during a speech at the Canadian Agricultural Economics Society policy summit held in Ottawa Jan. 23-24. The remarks came during a panel discussion on enhancing Canada’s agri-food
News, Other

Cargill bans international travel for staff amid coronavirus outbreak

By
International grains trader and processor Cargill Inc. has banned all non-essential travel for its employees for at least two weeks due to the coronavirus outbreak, company spokeswoman April Nelson told Reuters Feb. 27. Cargill, the largest private U.S. company, said any essential international travel would need approval from a member of the company’s executive team.
A delivery worker checks his mobile phone on an electric bike filled with vegetables on a street in Wuhan in China’s Hubei province on Feb. 28.
Grain Markets, Markets, News, Other

Commodities not immune to risk-off mentality

Coronavirus fears drag grains, oilseeds, equities and energy markets lower

By
A sharp drop in global equity and energy markets during the last week of February did not spare agricultural commodities, with ICE Futures canola falling to fresh contract lows and Chicago grains and oilseeds also under pressure. Fears over the COVID-19 coronavirus were heightened during the week, as more cases were confirmed outside of China
Editorial, Farmit Manitoba, Op/Ed, Other

Editor’s Take: Government support efforts are small change

By
It’s been an interesting week, from the editor’s chair, watching the stories related to agriculture policy come in. One of the most interesting was from the Canadian Federation of Agriculture AGM, where that organization issued a clear call for greater understanding. As Ottawa correspondent D.C. Fraser reports, CFA vice-president Chris van den Heuvel suggested that
Federal Agricultural Minister Marie-Claude Bibeau says the carbon tax impact on grain drying is “not that significant.”
News, Other

CFA urges government to better consider agriculture

The sector shouldn’t be ‘collateral damage’ when government direction is set

By
The Canadian Federation of Agriculture (CFA) wants to see Ottawa doing a better job of considering farmers when making decisions. That theme emerged from the recent annual general meeting of the group, held in Ottawa. “There’s a lot of good, sound policy in there that we want to see and move forward. But, you know,
A Metro Vancouver Transit officer watches as a train passes on a westbound track while protesters block eastbound tracks on a CP rail bridge at Port Coquitlam, B.C. on Feb. 13.
Grain Markets, Markets

Jury still out on blockades’ impacts on grain traffic

Reduced farmer selling has somewhat insulated prices so far

By
Canadian news headlines have been dominated in recent weeks by reports of ongoing rail blockades and demonstrations in solidarity with the Wet’suwet’en nation — but the jury is out as to how the protests will impact Canada’s grain markets. A daily report from Canada’s Ag Transport Coalition detailed the impact that blockades are having on
Vice-Premier Liu He and U.S. President Donald Trump shake hands after signing Phase 1 of the U.S.-China trade agreement during a ceremony in the East Room of the White House in Washington, January 15, 2020.
Grain Markets, Markets

What does China do next?

No one knows if the promise of the Phase 1 deal will become reality

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There are hopes in the markets that China will soon begin its US$40 billion in purchases of United States agricultural products, as outlined in the Phase 1 trade agreement. The positive feelings have been on the rise because Feb. 15 marks the day that Phase 1 officially comes into effect. However, there have been indications
Weak currency supports Brazilian selling
Grain Markets, Markets

Weak currency supports Brazilian selling

The weak real is seeing real returns for Brazilian growers rising as markets fall

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Reuters – Brazil might not be harvesting soybeans at a record pace, but farmers there are certainly selling their crops at a much quicker clip than usual due to the weak currency and uncertainty over how the U.S.-China trade deal will affect their business. Brazil typically ships more than half of its annual soybean exports
People shop for politics-themed shirts and other items at the store Raygun on the day of the Iowa Caucus in Des Moines, Iowa, Feb. 3, 2020.
News

Iowa’s anger over ethanol gives Democrats opening

Farmers were strong Trump supporters but now they say they’re being ignored

By
Reuters – In a speech last month to farmers in Texas, President Donald Trump won applause as he talked up recent U.S. trade agreements. When he tried to boast of his administration’s ethanol policy, however, he was met with silence. Iowa swung sharply to Trump’s Republicans in the 2016 presidential election, but Democrats hope anger
Farmit Manitoba, Letters

Letters: Crown land sales already raising ire

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In response to Agriculture and Resource Development Minister Blaine Pedersen’s letter in the Jan. 16 issue of the Co-operator: Minister Pedersen, I am new to this part of the world, but not to ranching. And I’m a fast learner. I understand that many producers were unhappy with the old points system used, in this province,

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