The Bank of Canada raised its overnight rate by 0.50 per cent earlier this week, but signalled this may be the beginning of the end for rate hikes. What does this, a tight labour market, and high commodity prices have in store for 2023? J.P. Gervais, chief economist with Farm Credit Canada, spoke this week… Read More
Category: News
It’s not often, and never a good thing, when the basis drops lower than the temperature. Anne Wasko, with the Gateway Livestock Exchange, says that the chilly basis in Western Canada, currently at about -30 to the U.S. cash market, is certainly reason for cattle feeders to look forward to a calendar flip. “It is… Read More
The next meeting of federal and provincial agriculture ministers from across Canada will have a new longest-serving minister at the table. Lana Popham was shuffled out of her agriculture post, as B.C.’s provincial cabinet under new premier David Eby was announced and sworn in on Wednesday. Popham, who had served as B.C.’s ag minister since… Read More
Where Brazil and Mexico have the potential to emerge as hot markets in the longer term, China is a market that one geopolitical analyst says should be sold to when the opportunity arises, but should not be the centre of a trade strategy. Jacob Shapiro with Cognitive Investments strongly cautions Canada, and the U.S. too,… Read More
The pace that technology and manufacturing advances can, at times, be dizzying. It’s no wonder then, that rules and laws on the books concerning copyright and intellectual property might need updating once in a while. Saskatchewan Conservative MP for Cypress Hills-Grassland, Jeremy Patzer, has put forward private member’s bill C-294, in an effort to amend… Read More
Before you know it, the days are going to start getting longer, just as meteorological winter begins! And what does winter really mean? Conference season! In this week’s episode of Wheat Pete’s Word, host Peter Johnson answers your questions left on the phone line, offers some solid life advice from an astronaut, and shares his… Read More
The potential loss of access to an insecticide used to manage flea beetle populations poses a challenge for canola production in Western Canada in 2023. Syngenta and ADAMA Canada have recalled insecticide products containing lambda-cyhalothrin, under the trade names Matador and Silencer, from their distribution channels in Western Canada, following a decision by the Pest… Read More
Plans have been unveiled for another major soybean crush plant to be built in North Dakota. Epitome Energy LLC has announced the construction of a US$400 million facility on the north side of Grand Forks, North Dakota — approximately 120 km (75 miles) south of Emerson, Manitoba. It marks the third — and most northerly… Read More
Prior to November of this year, plenty of Western Canadian farmers would have listed flea beetles as one of the major insect pests of canola. Then, just last week, distributors of the insecticide active lambda-cyhalothrin (sold as Matador and Silencer) announced they were pulling the product out of retail and likely not returning it for… Read More
Alberta’s government is increasing the total provincial loan guarantee to $150 million for cattle and sheep producers buying and feeding livestock for market. The Feeder Association Loan Guarantee Program helps local, producer-run co-operatives obtain financing, as the government provides an overall loan guarantee. Today’s announcement is a $50 million increase over the former limit. Nate… Read More