Indonesia is the world’s largest palm oil producer and exporter. It already has a mandate that sees biodiesel contain 35 per cent palm oil. | Reuters photo

Increases in palm oil diesel might impact veg oil prices

Plans to increase the amount of palm oil in Indonesia’s biodiesel fuel supply should support global vegetable oil prices, which in turn should support canola values. But other issues also affect vegetable oil prices, so it’s not certain that values will rise. Indonesia is the world’s largest palm oil producer and exporter. It already has […] Read more

The Bank of Canada met this week and was expected to cut its key rate by at least 25 basis points or more. This column was written before the bank made its announcement. | Reuters photo

Central banks ponder how fast to reduce interest rates

The latest inflation and employment reports show the Canadian economy could be cooling too fast, prompting several prominent economists to encourage the Bank of Canada to aggressively cut interest rates. The bank met this week and was expected to cut its key rate by at least 25 basis points or more. This column was written […] Read more

Crude oil prices are bouncing back as worries mount about a potential Middle East regional war with fighting escalating between Israel and Hezbollah in Lebanon. | File photo

Prices of crops, oil bounce back from late summer lows

Weather issues and international tensions are lifting prices of several commodities off lows hit in late August and early September. Wheat production estimates and forecasts are down because of weather challenges in Russia, Argentina and elsewhere, helping to lift wheat futures. Crude oil prices are bouncing back as worries mount about a potential Middle East […] Read more


American presidents make decisions on trade, environment and agriculture and food, often setting agendas with consequences felt around the world and even on your farm. | Getty Images

Trump would likely affect agriculture more than Harris

Either Kamala Harris or Donald Trump will become, arguably, the most powerful person in the world come Inauguration Day Jan. 20. American presidents make decisions on trade, environment and agriculture and food, often setting agendas with consequences felt around the world and even on your farm. Canadians don’t vote in American elections, but it is […] Read more

Canada exported 1.676 million tonnes of canola over the first seven weeks of the crop year to Sept. 22. That is more than double the pace of the previous three years and even stronger than the previous high mark of 1.361 millions tonnes at the same point in 2020.  |  File photo

Booming canola exports, domestic use offset low prices

The weakest canola price since 2020 appears to be helping to stoke domestic and export demand for the oilseed. The crop year is young, but canola exports and domestic use are so far running at a record pace. Exports stand at 1.676 million tonnes over the first seven weeks of the crop year to Sept. […] Read more


South American farmers are only just starting the seeding season, but forecasts expect a record large soybean crop if the region avoids drought.  |  Greg Berg photo

Record S. American soy forecast assumes drought ends

Market attention will soon turn to South America, where seeding has begun on the next soybean crop, which major forecasters expect will set a new record if the current soil moisture deficit is fixed by improved rain. Soybean and canola futures are weak as combines roll in North America, harvesting a forecasted record large soybean […] Read more

Statistics Canada’s new year-end canola stocks number of 3.09 million tonnes is the largest since 2019-20.  |  File photo

Canola price weakens on supply forecast, trade tension

Canada had almost 3.1 million tonnes of canola in stocks at the end of the crop year, which was more than expected, and once all the disposition numbers have been tallied, it looks like the 2023-24 crop was bigger than the official estimate. Every year, concurrent with the release of the July 31 stocks report, […] Read more

Fluid milk per capita consumption has declined, but because of population increase the total amount of milk consumed fell less than it would have if the population was static.  |  Getty Images

Rising population sparks change in domestic food demand

Canada’s high rate of immigration has generated a lot of attention, particularly in relationship to the impact on the tight housing situation. The rapid population increase also strains the school and health-care systems, and some commentators worry these problems endanger what has been until now a public consensus that immigration is a desirable policy. This […] Read more


The European Union’s durum crop is in trouble this year, which creates opportunities for Canadian producers.  |  File photo

Europe’s crop problems generate market opportunities

While crop production prospects in our nearest competitor, the United States, appear to be great, weather has not been so kind in other parts of the world. The outlook for a huge American crop has weakened grain prices, but the outlook for Canada’s crop exports in 2024-25 will also be affected by harvests in Europe, […] Read more

Most consumers say the cost of living, from food to rent to mortgage payments, has soared and it’s hard to pay the bills. | Getty Images

Inflation fight must walk tightrope amid consumer anger

Like giant cargo ships, the big economies of the world have sailed through stormy seas for several years and finally calmer water might be ahead, but the crews are in a foul mood and are not about to salute their captains. In Canada, the United States and elsewhere, the chaos from COVID-19 and the Russian […] Read more