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The Diefenbaker Bridge over the North Saskatchewan River in Prince Albert, Sask. Photo: Carolyn Carleton / Wikimedia Commons
Livestock

Husky oil spill hits Prince Albert water supply; farmers also scrambling for alternative sources for livestock

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Reuters – An oil leak from a Husky Energy Inc pipeline into a major Canadian river has forced a second city in the province of Saskatchewan to stop drawing drinking water, officials said on Monday, widening the impact and cost of the spill. The heavy oil and diluent leaked from Husky’s Saskatchewan Gathering System pipeline on
(Dave Bedard photo)
Crops, Markets

Diesel prices seen staying lower

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CNS Canada –– Diesel prices in Canada are expected to stay relatively cheap this spring despite some recent strength in the crude oil market. In a normal cycle, diesel prices would usually be on the move right now, but they have been mired at their current level for the last few months, according to Tom
“If I look at crop receipts in Manitoba, assuming average yields and barring any weather disruptions, we are projecting that revenues will be constant.” – J.P. Gervais
Crops

The outlook for 2016: not good, but not a disaster: FCC

FCC’s chief economist says to aim for many small improvements in your operation

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Sharpen your pencils for the coming year, says the chief economist for Farm Credit Canada. “We all know that we are in a sluggish economic environment. It is not going to be a good year but it won’t be a disastrous year,” J.P. Gervais told FCC’s Ag Outlook 2016 event in Brandon on Feb. 9.
(Dave Bedard photo)
Crops, Markets

Crude’s slide hampers demand for Canadian biofuel

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CNS Canada — The trickle-down effect of slumping crude oil prices is being felt in the Canadian biofuel market and softening demand for corn and soybeans. Traditionally, ethanol is cheaper than gasoline, which encouraged processors to blend more than the mandated amount, according to Andrea Kent, president of the Canadian Renewable Fuels Association (CRFA). “When
Crude oil monthly nearby (chart as of January 22, 2016).
Markets

Drozd: When crude oil slipped below $27 per barrel

Producers who 18 months ago recognized the impending downturn in the crude oil market, were able to position themselves

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The price of crude oil has dropped $80 per barrel in the past 18 months. In July 2014, a two-month reversal materialized in the accompanying long-term chart indicating the crude oil market was about to turn down from $106 per barrel. Once prices fell below an important line of support in the $96-per-barrel area (shown
Canadian dollar monthly nearby. (chart as of Dec. 28, 2015)
Crops, Markets

Drozd: Canadian dollar falls to an 11-year low

There are advantages and disadvantages for agriculture

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The Canadian dollar continues to erode on the heels of falling commodity prices. A year ago, the Canadian dollar was 86 cents against the American dollar. Today it is closer to 72 cents U.S. The weakness in crude oil and gold have contributed to the collapse of the loonie. Canada is a country rich in

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AgCanadaTV: Inflation puts tighter squeeze on farmers

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