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Tag Archives commodity prices — page 2

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Markets

Major grocery chains agree to help stabilize prices, feds say

Any moves must not undercut farmgate prices, government warns

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Ottawa | Reuters — Canada’s five major grocery chains have agreed to help the government in its bid to stabilize soaring prices, a senior minister said on Monday, following talks to address an issue that is hurting the ruling Liberals. Innovation Minister Francois-Philippe Champagne made the announcement after two hours of what he said were
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Markets

Mintec acquires Agribriefing to expand agrifood data offering

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Paris | Reuters — British market intelligence firm Mintec announced on Tuesday the acquisition of Agribriefing in a deal it said would create a leading global provider of data on agricultural and food markets. Financial details were not disclosed. Agribriefing’s businesses include protein price-reporting agency Urner Barry and crop consultancy Strategie Grains, the latter acquired
(Dave Bedard photo)
Markets

Farmland appreciation continues through pandemic year

FCC report puts Canada's average land value increase at 5.4 per cent

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Economic churn across Canada from the global COVID-19 pandemic didn’t faze the country’s real estate market — nor its farmland market in particular — in 2020, according to the latest review from the federal farm lending agency. Farm Credit Canada on Monday released its 2020 Farmland Values report, showing an average increase of 5.4 per
The changing numbers on production costs
Crops, News

The changing numbers on production costs

Higher prices, higher cost inputs all mean the stakes have grown this season

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Though high crop prices may cast a rosy glow over spring seeding plans, they may also make farmers nervous — and for good reason, say two experts. That’s why having a good handle on costs of production is more important than ever. “High prices at the start of a season could mean two things: nearly
Markets, News, Other

Canadian farmers reap record profits as crop prices soar

Grains won while livestock and horticulture struggled

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Canadian farmers reaped record profits last year and are on track to do the same this year, the federal Agriculture Ministry said on Thursday, as prices for its top crops soared. Prices of canola hit all-time highs this month, rallying with oilseed rival soybeans, on brisk Chinese buying to produce feed for that country’s rebuilding
When to keep your crop in the bin
Grain Markets, Markets

When to keep your crop in the bin

Storage can be your friend when marketing grain — but only sometimes

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The famous line, “You got to know when to hold ’em, know when to fold” from the Kenny Rogers song “The Gambler” also rings true in grain marketing. Which grain to hold in the bin and for how long is influenced by many factors. Certainly an important component is your storage infrastructure. How much bin
Bayer’s cross symbol hangs in a terminal at Frankfurt International Airport. (Typhoonski/iStock Editorial/Getty Images)
Crops, Other

Bayer plans more cost cuts, impairment charges

Pandemic now expected to hit crop science wing

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Berlin | Reuters — German drugs and chemical company Bayer announced plans on Wednesday for more than 1.5 billion euros (C$2.34 billion) of cost cuts as of 2024 and said it would take impairment charges on its agricultural business as it battles with low commodity prices. Bayer said that the impact of the coronavirus on
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Crops, Markets, Weather

Climate change has U.S. fund managers adjusting agriculture investments

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New York | Reuters — After historic floods devastated Midwestern agricultural states this spring, some fund managers are evaluating how climate change will affect the long-term value of companies that make or sell products ranging from tractors to fertilizer. The issue is not simply the unpredictability of weather. Instead, fund managers say, they are struggling

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