Financial crisis of 2008 helped test market theories

Editor’s note: This is the sixth of a series of columns looking at the lessons learned from the financial crisis of 2008. The 2008-09 financial crisis was a disaster for tens of millions of people around the world, destroying jobs, savings and dreams. Many have not recovered from the damage it dealt. Some never will. […] Read more

Canfax 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. Fed rally ends Average prices were generally $1-$2 per hundredweight lower last week on a light to […] Read more

WP livestock report

Hogs The U.S. national live price average for barrows and gilts was US$45.32 per cwt. Oct. 19 down from $47.65 Oct. 12. U.S. hogs averaged $58.72 on a carcass basis Oct. 19, down from $61.45 Oct. 12. The U.S. pork cutout was $78.42 per cwt. Oct. 19, down from $80.04 Oct. 12. The estimated U.S. […] Read more


Canola futures have found themselves in a downward slide, with the market settling right above major support levels on Oct. 24. | Barb Glen image

Market watching late harvest

Canola futures have found themselves in a downward slide, with the market settling right above major support levels on Oct. 24. The January contract finished Wednesday’s session at C$491 per tonne, which was right above major support at C$490 per tonne. “If it legs down, I think a swing target could be as low as […] Read more

Canadian canola carryout stocks at the end of the current marketing year (2018/19) will be considerably larger than an earlier estimate, according to updated supply/demand tables from Agriculture and Agri-Food Canada, released on Oct. 19. | File photo

Ag Canada ups canola carryout forecast sharply

Canadian canola carryout stocks at the end of the current marketing year (2018/19) will be considerably larger than an earlier estimate, according to updated supply/demand tables from Agriculture and Agri-Food Canada, released on Oct. 19. Agriculture Canada’s market analysis branch forecast canola ending stocks for 2018/19 at 2.500 million tonnes, which would be double the […] Read more


The canola market see-sawed during the week ended Oct. 19 with the overall trend being to the downside as farmers were able to get back into the fields and deliveries picked up pace. | File photo

Canola market not expected to rally in near term

The canola market see-sawed during the week ended Oct. 19 with the overall trend being to the downside as farmers were able to get back into the fields and deliveries picked up pace. From day-to-day the market would bounce from the red to the green. However, days in the green weren’t regaining the losses from […] Read more

The growth in Black Sea production means more competition for Canadian flax in foreign markets such as China.  |  File photo

Flax crown in jeopardy

Canada is about to be dethroned as the world’s top flax exporter. APK-Inform, a Ukrainian-based agribusiness consulting agency, is forecasting that Kazakhstan will export 550,000 tonnes of flax in 2018-19, a 48 percent increase over last year. By comparison, Agriculture Canada is forecasting 400,000 tonnes of Canadian flax exports. If those projections prove accurate, it […] Read more

A two billion bu. increase in corn demand in the U.S. could significantly impact prices.  | REUTERS/Daniel Acker photo

American corn growers claim ethanol policy victory

Lifting restriction on E15 blends is expected to increase corn demand in the United States by two billion bushels

A new ethanol rule in the United States might have a massive or minimal impact on corn and other grain prices, depending on who you talk to. U.S. President Donald Trump has announced he is ending restrictions on selling E15 ethanol blends, which is fuel containing 15 percent ethanol. Gasoline retailers are currently prevented from […] Read more


The failure of interest rates to rise during the financial crisis in 2008 is credited with spurring the massive agricultural expansion that followed.  |  REUTERS/Mark Blinch photo

2008 crisis showed importance of interest rates

Editor’s note: This is the fifth of a series of columns looking at the lessons learned from the financial crisis of 2008. Basic assumptions failed. Reasonable expectations were vexed. Predicting the future became perilous for any prognosticator. However, Phil Shaw found an old lesson verified in the aftermath of the financial crisis of 2008-09: interest […] Read more

A new study argues that people in the developed countries of the western world should cut their meat intake by 90 percent to mitigate climate change, but this might not be the best approach.  | Debbie Pimm photo

Climate change innovation better than belt tightening

Which of the following messages is likely to be met with more acceptance and a greater likelihood of follow through resulting in positive change for the environment? People need to slash their consumption of meat and dairy to slow the production of greenhouse gases. A dividend of hundreds of millions of dollars in lower costs […] Read more