Special deal: three topics in one column

I’ll address several issues in this week’s column, from Saskatchewan crop yields to the value of the Canadian dollar to China’s changing support for domestic wheat producers. Currency dips The biggest market mover last week was the Canadian dollar’s decline to trade just below US78 cents. Only last month, most Canadian currency analysts predicted the […] Read more

China’s policy change bad for soybean imports

The adage is that big crops get bigger but that does not appear to be the case in U.S. soybeans this year. The trade last week expected the United States Department of Agriculture to raise its yield forecasts for corn and soybeans in its monthly report. It did raise the corn yield, but it lowered […] Read more

August crop forecasts tend to underestimate

Trying to forecast final production when the crop is still growing is like shooting at a fast-moving target. Statistics Canada planned to release its first projection of Canada’s 2017 crop on Aug. 31, after this column was written. We’ll have full same-day coverage on our website and also in next week’s paper. UPDATE: You can […] Read more

What happened to those burdensome wheat stocks?

With spring wheat prices soaring, farmers might be thinking that all that talk of huge world wheat stocks was a lie. Well, those stocks are still there, but the rapid development of a drought on the northern U.S. Plains this year has focused traders’ minds on a portion of the wheat market — the high […] Read more

Amazon purchase of Whole Foods in sync with consumer trends

News that Amazon is buying Whole Foods Market for US$13.7 billion probably did not make a big impact in the minds of prairie grain farmers busy monitoring for pests and spraying weeds. However, it could create a food retail sector shake-up that would vibrate down the food chain. The stock markets and business analysts were […] Read more

Bovine slaughter crackdown in India creates huge disruption

India’s central government has brought in a law that threatens to end the slaughter of cattle and buffalo in the country, raising the potential for the biggest change in the global beef market in decades. It is a shocking development, but its effect on beef markets has been negligible so far because most observers figure […] Read more

Expanding Chinese pig production is no black swan

Let’s talk about black swans and pigs in this column. The black swan is a metaphor, while the pigs are real. When I was in university, I had a summer job in a park in Moose Jaw, Sask. The park has a beautiful creek that was stocked with swans and ducks. One spring, the city […] Read more

Consumers developing hunger for meat again

Much is made of the growth of vegetarianism in North America, but domestic meat consumption data indicates that most people in Canada and the United States still have a taste for beef, pork and poultry. Jim Long of Genesus Genetics, a pig genetics company, often has interesting observations about the pork industry around the world. […] Read more

Canola: the heavyweight champion of prairie crops

There is a good chance Canadian farmers will seed a record large canola crop this spring. It might also for the first time exceed the all-wheat acreage. If so, it would become the undisputed dominant crop in Western Canada. Statistics Canada releases its seeding intentions report April 21. It will be based on surveys with […] Read more

Big South American soybean, corn crops keeps lid on prices

Crop prices could be in a period of weakness until some weather scare develops, as it often does sometime during the Northern Hemisphere’s growing season. However, attention is now fixed on the bumper harvest that Brazilian farmers are gathering. The U.S. Department of Agriculture last week increased its forecast for Brazil’s soybean crop to a […] Read more