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Restraining Order Sought

The U.S. Agriculture Department is seeking a temporary restraining order that could halt operations at Eastern Livestock Co. LLC of New Albany, Indiana, a business under investigation over allegations that it failed to pay up to $130 million in bills, the USDA said Nov. 12. The investigation by the USDA’s Grain Inspection, Packers and Stockyards
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Canadian Dollar Gaining Strength

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The Canadian dollar has been gaining strength over the past month, and a number of analysts believe it will continue its bullish pattern for the final quarter of 2010. After reaching a six-week low on August 31, the Canadian currency has risen by 5.5 per cent. Andrew Pyle, wealth adviser with Scotia McLeod in Peterborough,
Crops

Cmemap Cheques Being Mailed – for Sep. 9, 2010

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Cheques to compensate Manitoba farmers for crops lost or unseeded this spring due to excess moisture are on the way. About 900 cheques under the Canada-Manitoba Excess Moisture Assistance Program (CMEMAP) had been mailed as of Aug. 31, said David Van Deynze, manager of claim services with the Manitoba Agricultural Services Corp. (MASC), which is
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Dollar Seen Softer In Coming Months – for Sep. 9, 2010

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The Canadian dollar rallied sharply on Sept. 1 in response to a renewed appetite for risk in the global financial markets. But a generally softer tone is more likely over the next several months given the general economic uncertainty still pervading the globe, according to a currency analyst. Matthew Strauss, senior currency strategist with RBC
News

No Cmemap Cheques Cut Yet – for Aug. 26, 2010

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As of last week, no excess moisture compensation cheques had been issued to Manitoba grain farmers. But they soon will be, according to officials with the Manitoba and federal governments. “Both levels of government now have all the necessary authorities in place and payments are expected to flow to producers in the coming days,” a
Crops

Canadian Dollar Weakens

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The Canadian dollar is unlikely to make another move towards parity with its U. S. counterpart anytime soon, and will more likely see some weakness heading through the summer, according to a currency analyst. “We remain, both from a fundamental and from a technical perspective, bearish on the Canadian dollar going forward,” said Matthew Strauss,
Crops

Get Paid ASAP

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The Canadian Grain Commission (CGC) tries to ensure grain companies have enough security posted to cover farmers against payment defaults, but sometimes the security falls short. That’s why the CGC urges farmers to get paid right away. Farmers can make a claim against a company’s security if they are not paid within 90 days from
News

More Strength In Store For Canadian Dollar

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The Canadian dollar moved back above parity with its U. S. counterpart on April 20, and appears poised to see further strength, according to a currency analyst. After hitting parity earlier in the month, retreating, and then bouncing back to parity with the U. S. dollar following comments from the Bank of Canada, the Canadian
Crops

Canadian Dollar Moves Towards U. S. Parity

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The Canadian dollar has been slowly strengthening towards parity with the U. S. currency and could soon top it. The Canadian dollar has been finding regular support from global investors who see Canada’s economy as one of the stronger ones in the Group of Seven nations, George Davis, chief technical currency analyst for RBC Capital
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How Fraudproof Are You?

Give yourself 2 points for every right answer: 1.c) 2.b) 3.a) 4.b) 5.c) 6.a) 7.c) 8.c) 9.a) 10.b) 11.c) 12.c) If you scored 20 to 24: You run a tight ship – your information is pretty safe. If you scored 14 to 18: You know the basics, but there is more you can do to

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