As we head into the last week of January, commodity prices started to finally rebound a bit, led by Brent and WTI crude oil jumping 11% and 6% from where they closed last Friday! This helped net-resource-exporting currencies like the Russian ruble, Australian dollar, and the Canadian dollar gain some ground to end the week... Read More
Category: Markets
We're talking about everything from the state of the US and Canadian economies to SaskCanola's effort to share how many farmers view modern ag technology through the "License to Farm" film. After spending most of the week at Ag Days in Brandon, Kelvin Heppner host of this week's news podcast and is joined by a... Read More
Agriculture is poised to play a much larger role in the Canadian economy thanks to impacts of climate change and declining revenues from oil extraction, says well-known author and economist Jeff Rubin. "Climate change has fatal implications for our previous ambitions of becoming an energy superpower, but it's going to make other assets and resources... Read More
Commodity prices continue to trade flat to lower as Chinese stock market losses continue to weigh heavy on broader markets, including commodities, forcing broader optimism for global economic growth to fade. All grain values are lower in the first few weeks of 2016 but with some notables being the front month contracts for oats below... Read More
The Canadian Grain Commission is moving ahead with its proposal to realign the wheat classification system for Western Canada. Two new classes will be created while three others will be eliminated on August 1st, 2016. The Canada Northern Hard Red class will be established to address concerns about lower gluten strength in some milling wheat... Read More
For the better part of the last two decades, commodity markets have become accustomed to demand growth from China supporting prices. Whether it was iron ore from Australia or soybeans from the U.S., sales to China grew year-over-year. However, it's becoming increasingly likely that those days are over. Headlines over the last few week to... Read More
While U.S. farmers are adjusting to significantly lower grain prices, declining currency values have buffered growers in Canada and many other parts of the world. U.S. futures have dropped off, but cash values in Canada have maintained their value, and in some cases, have risen, thanks to the weakness with the Canadian dollar. "The devaluing... Read More
Markets across the board started 2016 a little rough as fresh Chinese economic concerns continue to show contraction which led to not one, but two halts to trading in their stock markets this week! While the Chinese government moved to support the market immediately by flooding it with fresh capital, the broader market still isn’t... Read More
Anne Wasko of Gateway Livestock, in conversation with guest host Kelvin Heppner. . It's an interesting time for cattle markets, with the Canadian dollar hitting record lows, weather in the United States putting pressure on supply estimates, and the recent repeal of country-of-origin labelling (COOL). In fact, as we start off the new year, we're... Read More
Quality and consistency. That's what international buyers expect with Canadian wheat. It's been said a thousand times already, but if you ask Saskatchewan farmer Gerrid Gust what his take-home message was after visiting customers in North Africa and the Middle East, he can't help but emphasize the importance of maintaining Canada's reputation for quality and... Read More