Inflation Archives - Page 10 of 19 - Manitoba Co-operator

The Bank of Canada continues to raise interest rates in an effort to stamp out inflation.

Understanding risk exposure key to managing rising interest rates

The Bank of Canada is still signalling that more rate hikes are coming

By Don Norman September 17, 2022

Farmers need to thoroughly understand their risk exposure as they view the Bank of Canada’s latest interest rate hike, says Farm Credit Canada (FCC) economist J.P. Gervais. The Bank of Canada on Sept. 7 announced a 75-basis-point increase in its key rate, bringing it to 3.25 per cent. It followed a 100-basis-point increase in July and was the

As consumers, we should expect more rebates, discounted products and loss leaders. It’s easier to offer deals when market conditions are more stable.

Op/Ed, Opinion

Opinion: Food inflation seems to be concluding

More stability and predictability are leading to a slower inflation rate

By Sylvain Charlebois September 7, 2022

Statistics Canada is reminding Canadians every month how painful their trips to the grocery store have been recently. The retail inflation rate is still at an astonishing 9.9 per cent, its highest point since 1981. In fact, our food inflation rate has exceeded the general rate since December of last year, which is why food

Consumers can expect higher beef prices into 2023 and 2024, market watchers say.

Markets, News

Shrinking U.S. cattle herd signals more pain from high beef prices

Consumers won’t be seeing any relief at the till due to long production cycle

By Tom Polansek August 22, 2022

Reuters – U.S. consumers grappling with soaring inflation face more pain from high beef prices as ranchers reduce their cattle herds due to drought and lofty feed costs. Those decisions will tighten livestock supplies for years, economists said. The decline in cattle numbers, combined with stiff costs for other production expenses, illustrate why a recent reduction in grain prices

CBOT November 2022 soybeans (candlesticks) with Bollinger bands (20,2). (Barchart)

Crops, Markets

U.S. grains: Chicago grains firm on yield uncertainty ahead of USDA report

Grains also underpinned by U.S. dollar fall after inflation data

By GFM Network News, P.J. Huffstutter August 11, 2022

Chicago | Reuters — Chicago wheat and soybean futures closed higher on Thursday as a weaker U.S. dollar lent support to dollar-priced commodities and traders squared up their positions ahead of a key government report. Meanwhile, corn futures firmed, supported by concerns about hot and dry weather stressing the U.S. Midwest crop through its final

Corn in progress just east of Blumenort, Man. on July 20, 2022. (Dave Bedard photo)

Crops, Markets

CBOT weekly outlook: Lower inflation, USDA report to impact markets

By Adam Peleshaty, GFM Network News August 10, 2022

MarketsFarm — With the U.S. Department of Agriculture (USDA) already set to release its monthly supply/demand estimates on Friday, the U.S. Labor Department threw in a curveball two days prior. The Labor Department on Wednesday reported the annual rate of inflation declined to 8.5 per cent in July, 0.6 of a point lower than in

Consumers are trading down, and grocers know it.

Comment, Op/Ed

Comment: Light at the end of inflation tunnel?

Food inflation in Canada may have already peaked

By Sylvain Charlebois August 8, 2022

Statistics Canada hasn’t had a lot of good news for Canadian consumers. The agency put food inflation rate in the country at 8.8 per cent in June, which is still higher than the general inflation rate. Everyone is affected by higher food prices. Americans recently learned that food inflation at the grocery store was 12.4

File photo of a rainy day in Iqaluit. (Wildnerdpix/iStock/Getty Images)

Markets, Weather

Cold and hungry: Food inflation bites Canada’s North

'It's really expensive to do business here'

By GFM Network News, Rod Nickel August 8, 2022

Iqaluit | Reuters –– In Canada’s remote North, residents have long paid dearly for food, and rising prices have worsened an already dire situation, exposing the vulnerability of one of the world’s biggest exporters of grains and meat. Communities in Nunavut — the largest of the three territories that make up Canada’s northernmost region —

Markets, Other

Dealing with a murky financial future

Forget ripples; the rocks thrown into the financial pond so far have made big waves

By David Derwin August 3, 2022

We’re halfway through the year and a lot has happened already. From a major invasion in Europe to rising interest rates and one of the worst starts for stocks ever, this year has not been without volatility. We’ll take this mid-summer opportunity to do a 2022 halftime financial review of where we’ve been, what it

Food prices will continue to rise but at a much slower pace in coming months.

Comment, Op/Ed

Comment: Dealing with ‘greedflation’

Consumers have a right to be skeptical but there’s not a lot of evidence

By Sylvain Charlebois July 26, 2022

Accusations of gouging in the food industry have reached an all-time high. According to a recent survey, 68 per cent of Canadians believe food corporations are taking advantage of the inflationary cycle to increase prices, and it’s not just in retail. While Quebec and British Columbia now have class-action lawsuits against the beef industry, many

Editorial, Op/Ed

Editor’s Take: Going up

By Gord Gilmour July 21, 2022

The Bank of Canada removed any lingering doubts last week about its commitment to fighting inflation. It delivered a jumbo rate hike of 100 basis points — or a full per cent — while facing an annualized inflation rate of more than seven per cent, according to the most recent figures from Statistics Canada. South

Daily Network News

U.S. livestock: Cattle, hog futures rise on first WASDE since September

U.S. export sales include only small soybean business to China

U.S. corn and soybean yields revised down by USDA

Tag Archives Inflation