Several developments in early November will likely be important for the Canadian economy, including agriculture, helping define its evolution for the coming year and beyond.
D'Arce McMillan
Stories by D'Arce McMillan
Trump’s handling of the beef market isn’t helping matters
It appears U.S. president Donald Trump’s knowledge of the beef industry is pretty much limited to his taste for Big Macs.
Wheat exports start strong, but price lowest since 2020
Early season Canadian wheat exports are going well, an important development in a year when it looks like we might harvest a record wheat crop.
Producers may see energy price relief in coming months
Energy prices for Prairie farmers should be steady to lower because the world has an adequate supply of crude oil and Western Canada has a surplus of natural gas.
Input inflation shows need for more Canadian fertilizer
With grain prices much lower than in recent years and inputs high and in cases rising further, it will be difficult to fund farm operating costs this year, let alone fixed costs.
Bigger harvests increase Chinese market’s importance
As official estimates show an ample and price-depressing supply of grain and oilseeds being harvested in North America, it is imperative to restore access to China’s market.
Food inflation still a top frustration for most Canadians
The average person is shocked by how much more they are paying for things compared to a few years ago and are not comforted by prices rising at a slower pace than they were in 2022 and 2023.
Final tally settles 2024 crop size question but 2025 remains uncertain
Last year’s canola crop was 19.24 million tonnes, according to the latest revision included in Statistics Canada’s end of crop year stocks report released Sept. 9.
Push for Hudson Bay port shouldn’t rob funds from existing export hubs
An expanded Port of Churchill would unlock the dream to end the Prairie’s land-locked status with its own northern coast gateway to the world.
Avoid bargain-basement canola markets to ease tariff damage
Market Watch: AAFC’s latest forecast is more bearish for Canadian canola, but much also depends on the U.S. oilseed crop
China’s canola tariffs aside, the global oilseed complex has eased to a lower price level and is likely to stay there for now — that is, unless problems develop with crops in the U.S. or South America.
