Forget Fuel Costs, U.S. Farmers Cheer Oil Surge

Not too long ago, a surge in oil prices would have caused a groan of misery from the U.S. farm belt, forced to pay higher prices for tractor fuel and fertilizer. Today, farmers are far more likely to cheer. The farm sector’s response to a surge in fuel costs has inverted for two important reasons:

Manitoba Live Cattle Exported To Kazakhstan

Cattle are returning to the wide-open steppes of the former Soviet Union, and some of them are coming from the wide-open Canadian prairie. Ron Batho and Albert Rimke, purebred breeders from Oak Lake, recently sold 20 bred Hereford yearling heifers that were part of a recent shipment that were mustered from local ranches, packed into



The “Transition Town”

“Transition builds a positive vision. It’s about people coming together as a community and supporting each other in the changes that we have to make, and not feeling like we’re losing, but that our life is actually being enriched.” – MICHELLE COLUSSI, CANADIAN CENTER FOR COMMUNI TY RENEWAL AND TRANSITION (CCCR) For further information To

Food Prices To Remain High

“If we get a climate shock in one of the major producing countries, then we are back to Square 1.” – JACQUES DIOUF Food prices are likely to rise again on resumed demand for agricultural commodities for food and energy and higher input costs due to rising oil prices, the United Nations’ food agency said


Paradigm Shift Needed For Beleaguered Hog Industry

For the past two years, Perry Mohr encouraged financially battered hog producers attending the Manitoba Pork Marketing Co-op’s fall district meetings to hang in there – things would be better by spring. And this year? “It’s one of the possible outcomes,” was all the co-op’s CEO would say. Mohr is nothing, if not a realist.

Big U. S. Soy, Corn Crops May Deflate Price Boom

U. S. farmers this year will reap their largest soybean crop ever and their second-largest corn crop, mammoth harvests that will deflate an ethanol-fuelled price boom, the government said Aug. 12. In its first estimate of the fall harvest, the Agriculture Department estimated the soybean crop would be a record 3.199 billion bushels, up eight

Seeing The Future

“I subscribe to the view that we’ll see more shortages and better prices more often in the years to come.” To which view of the future of the grain business do you subscribe? View No. 1: the growing world population and increasing prosperity will lead to a long-term uptrend in agricultural prices. View No. 2:


Pork Industry’s Chickens Come Home To Roost

One by one, hog farmers trooped to the microphone, struggling with a balky sound system to tell stories of financial ruin and to appeal for government aid. “At least give us some dignity to retire after working for 45 years,” Menno Bergen pleaded with a speakers’ panel of politicians and industry officials. Bergen put his

They Aren’t Making Any More

JOHN MORRISS EDITORIAL DIRECTOR If you follow the Canadian stock market, you will probably be familiar with the name of Jeff Rubin, former chief economist for CIBC World Markets. Like all economists, he hasn’t always been right, but he’s been right several times on some bold predictions. In 2000 he predicted oil prices would hit