Do you remember when the Canadian Dollar was sixty cents? Remember when the Canadian Dollar was not volatile and was jokingly called the Canadian Peso. Those were seemingly easier days for many of us that are involved in export or import businesses with the United States. With the Canadian Dollar holding near par and oil... Read More
Category: Markets
Last weekend I was at a shop party with many of my neighbours in Picture Butte. Get a bunch of farmers, ranchers and feedyard owners together and what else is there to talk about other than grain prices and hockey. Barley was definitely the topic of discussion at several tables. For me its very interesting... Read More
Across North America everyone is talking about the bullish tone of corn and soybeans. Is wheat going to be the weaker sister in 2011? How much higher will the wheat price have to go to buy some acres back from corn, soybeans, canola and lentils. Some farmers and analysts are even saying that the attention... Read More
One of the good news items this fall has been the soybean story. Yields in Ontario this fall were outstanding, reaching record highs in some areas of the province while at the same time off combine prices reached seasonal highs. Demand is strong for soybeans from countries like China. Already everyone is speculating on the... Read More
If you are interested in politics and economics like I am there is no more interesting fodder every night on the television than in the United States. I love debates and conflict on topics and the US has no shortage of them right now. Whether you are right, left or moderate you cannot deny the... Read More
By Dick Haney At the risk of sounding like the Saturday Night Live character Debbie Downer, there is a potential evil that lurks among us; it is how we leverage equity in our operations to buy more agricultural farm land. I think it would be useful to examine the similarities between Las Vegas and financial... Read More
In the last week I have received several emails and phone calls from people regarding whether or not the Federal Conservatives should have killed the Potash deal with BHP or not. One of the interesting emails I received was from Barry Senft the CEO of the Grain Farmers of Ontario (GFO). Senft and the Grain... Read More
Last week BHP's bid to purchase Potash Corp was killed by the Federal Government. Led by Brad Wall, Saskatchewan Premier there was a very vocal opposition and the deal was squashed by Prime Minister Stephen Harper's Federal Conservatives. What has been treated like a vote on the sovereignty of Saskatchewan, there has been jubilation from... Read More
Unless you have been hiding under a rock this week you probably have heard about the Canadian Federal Government killing the BHP acquisition of Potash Corp. Saskatchewan holds a significant amount of the world's potash and the more people I talk to the more that I realize this is more than just about selling a... Read More
Today the CWB released the October PRO's and the result was a modest increase in comparison to what some thought. With the recent run in corn, the coarse grain complex has some bullish weight behind it. To wrap up the PRO's, I talked to Jonathan Driedger from FarmLink Marketing Solutions. (SEE THE VIDEO BELOW) One... Read More