Supporters watch the results come in at the Conservative leader Andrew Scheer's campaign headquarters during the federal election in Regina.  |  REUTERS/Carlos Osorio

Life in the afterglow of the commodity boom: Is this why we’re all so mad and raging?

Everybody wants somebody to blame. Better blame Mr CommoditiesCycle

It’s a truly dark time in Canada, with the rise of an angry, raging, denunciatory politics taking over this nation the way that it has been doing in the U.S. for a few years now. The federal election supplied ample evidence of this, with ill will and personal attacks hanging over the entire campaign. Beyond […] Read more

Late-summer canola prices holding steady

If you had gone away for two weeks of summer holidays and came back Monday, you might think nothing had been happening in the market. But that would have only applied to the canola futures market, which has been relatively flat and rangebound since mid-July, with most other crops gradually trending down. “It’s certainly holding […] Read more

Lentils have been granted an extension to the Indian pulse crop fumigation exemption requirement.  |  D'Arce McMillan photo

Pulses to India gain fumigation exemption extension

(This story was updated at 10 am CST) It is official – India has renewed the fumigation waver that will allow Canada-India trade in pulses to proceed. India extended the fumigation waiver until June 30, 2017. The June 30 deadline will be based on the bill of lading date, said a news release from Pulse […] Read more

Rabobank expects consolidation in the agricultural services sector to continue as the industry struggles with low commodity prices.  |  REUTERS/Michael Kooren photo

Rocky road for commodities

BANFF, Alta. — Lower commodity prices are going to prove challenging not only for farmers but also for the companies that sell services and products to them, says a senior analyst at Rabobank. “Over the next five years, we see with 75 percent probability corn prices will be at or below $4.10 a bushel,” Kenneth […] Read more

Global Pulse Conference: Chickpea market

The Western Producer’s Sean Pratt is reporting from the 2016 Global Pulse Convention in Cesme, Turkey. There were more market outlook presentations during final day of the 2016 Global Pulse Convention. G. Chandrashekhar, a global agribusiness and commodity sector specialist from India, provided his thoughts on the desi chickpea market. He is forecasting 9.28 million […] Read more

Strong canola deliveries and exports could create shortages that would support prices near the end of the crop year.  |  File photo

Crop price rallies few, short

Don’t expect any bull runs in grain and oilseed markets for the next year or more, but there will be opportunities to lock in profitable prices, says an analyst. Mike Jubinville, president of Pro Farmer Canada, told Farm Credit Canada’s Ag Outlook 2016 that the commodity super cycle is over. “We’re going into somewhat of […] Read more

Canada and the U.S. Midwest saw excessive precipitation recently but crops are still expected to be ample.  |  File photo

Crop price decline stabilizes but rally unlikely

Crop futures appeared to stop their multiweek fall last week as prices reached levels that reflect the prospect for large world crops. Also, excess rain in Canada and the American Midwest caused some crop damage. Worries about that helped support futures. However, I don’t expect a sustained rally from the rain. Usually, the moisture helps […] Read more

Keeping eyeon the markets exhausting

Sure, I’ll take care of it. It’s a daily, online markets column in August. I’ve been at this for 20 years, you know? I love the markets. And so it was that The Western Producer’s markets editor and senior analyst went on vacations. Summer markets stories are usually as rough as writing about a fall […] Read more

The Winnipeg Commodity Exchange must attract interest in its new contracts quickly to keep them in the spotlight.  |  File photo

Interest in new contracts essential

Prairie farmers could soon benefit from two re-energized institutions that have long been at the centre of prairie crop pricing and marketing. Or they could see these institutions fade and fail and the new post-monopoly environment become decidedly less farmer-friendly. If either manages to repackage itself successfully, it could become central to how thousands of […] Read more