Markets
MEXICO CITY (Reuters) - The United States on Monday threatened legal action against Mexico’s plan to ban imports of genetically modified corn in 2024, saying it would cause huge economic losses and significantly impact bilateral trade. The countries are already in dispute resolution talks over Mexican energy policies, which the United States argues violates the U.S.-Mexico-Canada (USMCA) […] Read more
Markets
Sask. gains control of industrial carbon pricing
Saskatchewan has taken over carbon pricing for all large industrial emitters but residents will still pay the federal carbon price at the pumps. The provincial and federal governments last week announced that Saskatchewan’s Output-Based Performance Standards (OBPS) proposal for carbon pricing had been accepted and would take effect Jan. 1. The carbon tax collected on […] Read more
Plant-based potential touted
Reports of the death of the plant-based protein industry were grossly exaggerated, according to industry proponents. Major U.S. newspapers have reported that the 10-year plant-based protein fad is over, pointing to ominous signals such as the 80 percent plunge in Beyond Meat’s share price and meat giant JBS terminating its Planterra business. Murad Al-Katib, president […] Read more
Renewable aviation fuel plant proposed
An Alberta company is attempting to piece together a $600 million canola-based sustainable aviation fuel project near Calgary. Reconciliation Energy Transition Inc. (RETI) has announced its intention to build the project, with a final investment decision to be made around August 2023. RETI is an affiliate of Project Reconciliation, a firm attempting to purchase the […] Read more
Low Mississippi River threatens grain exports
Industry says Canadian fertilizer supplies aren’t threatened, but falling water levels significantly hamper crop shipments
Low water levels on the Mississippi River in the United States could have an impact on corn and other grain prices, but are unlikely to affect fertilizer deliveries into Canada, say officials. The Mississippi River is considered low if the stage falls below five feet in Memphis, Tennessee. On Oct. 20 it hit a record […] Read more
New technologies hold out promise for massive change
Seeing leading edge technology with the potential to disrupt the existing way of doing things can thrill anyone, from railway executives to newspaper columnists. I believe we are on the cusp of several new energy and biological technologies that will over the coming decades change many aspects of our lives and livelihoods, including agriculture. One […] Read more
Cryptocurrency, Twitter reminders of trust’s importance
If you spent hours and hours on Ticketmaster trying to buy your kids tickets to the upcoming Taylor Swift North American tour, you know what frustration and perhaps even fury feel like. Hundreds of thousands of hopeful, and pre-approved, people spent a fretful day trying to use the Ticketmaster website and app to purchase tickets […] Read more
Regulatory reform will boost productivity: Poloz
Former governor of the Bank of Canada says poor productivity performance poses a threat to the country’s way of life
Canada needs to take steps to address its poor productivity performance, says the former governor of the Bank of Canada. The country has been at the low end of the pack of advanced nations on that crucial metric for the past 20 years. “In fact, a recent OECD (Organization for Economic Co-operation and Development) study […] Read moreCanfax report
This cattle market information is selected from the weekly report from Canfax, a division of the Canadian Cattlemen’s Association. More market information, analysis and statistics are available by becoming a Canfax subscriber by calling 403-275-5110 or at www.canfax.ca. Packers have hammer The seasonal shift of leverage from the packer to the cattle feeder has not […] Read more
WP livestock report
Hogs The U.S. national live price average for barrows and gilts was not available Nov. 18 and Nov. 10. U.S. hogs averaged $81.81 on a carcass basis Nov. 18, down from $85.23 Nov. 10. The U.S. pork cutout was $93.44 per hundredweight Nov. 18, down from $96.54 Nov. 10. The estimated U.S. weekly slaughter to […] Read more
