Now that we know more about how the Surplus Food Rescue program will work, there should be a recognition for its need beyond the COVID-19 pandemic. The program was announced as part the federal pandemic response and comes with $50 million in funding to help move extra food to vulnerable Canadians. Now that details are available, there is clear indication the program
Farm income up in 2019” was the front-page headline in the June 4 Co-operator. Though superficially true, a closer look at the numbers demonstrates the opposite, and reveals a troubling picture. How we measure and report farm income matters. Net cash income, the measure used in the June 4 story, omits depreciation — the value
Chicago | Reuters — U.S. cattle futures eased on Wednesday and hog futures were mostly lower on ample livestock supplies and concerns about rising coronavirus infections and their negative impact on the economy. Wall Street’s three major indexes tumbled on Wednesday and crude oil plunged more than five per cent as a surge in U.S.
Last article, I talked about managing risk and uncertainty in the markets. As you might recall, there is an important difference between the two. Risk estimates everything we think might happen. Risk is our guess about what the future holds. More precisely, it is the range of things that might happen and how probable each
It’s been another week of surprises. Who’d have thought we’d see gasoline prices below 60 cents a litre again? Who’d have thought we’d see the federal government backstopping 75 per cent of the wage bill for the entire country? Who’d have guessed the concept of a universal basic income would suddenly be on the minds
COVID-19 may hurt Canadian farmers in the future, but for most commodities, other than cattle, there hasn’t been a huge impact, says Agriculture and Agri-Food Minister Marie-Claude Bibeau. “Actually the food sector might be one of those that will be the least impacted because we will keep eating during the crisis so I don’t see
Events, like stars, can at times align just enough for you to glimpse your destiny. If you’re lucky, that sneak peek is the critical break you need for success; if you’re unlucky, the starry view spins off into the universe unseen. Farmers in the United Kingdom got that peek after the June 2016 vote that
As the World Trade Organization faces a crisis that renders it impotent and potentially on the verge of dissolving, Manitoba farmers are facing more trade uncertainty than ever. “We’re really in unchartered territory here,” University of Manitoba agricultural economist Ryan Cardwell said in an interview Dec. 12, while attending a trade meeting in Washington, D.C.
I put a great deal of effort in to analyzing long-term historical trends to better understand the cyclical nature of human behaviour and its impact on financial market prices. Interest rates are no exception. In fact, interest rates are key to the pricing structure of almost every other asset from stocks, gold and currencies to
Manitoba is the lone province to buck a trend toward lower farmland values growth. A recently released Farm Credit Canada review found only modest national growth this year, falling from 6.6 per cent in 2018 to a 3.3 per cent annualized increase in the first half of 2019. Manitoba, however, notched a 6.2 per cent