The Argentine peso is among the emerging currencies that are plunging in value.  | REUTERS/Marcos Brindicci photo

Emerging market currency woes will affect grain trade

You’ve likely already heard about Turkey’s plunging currency problem and how that has the potential to hurt its ability to buy lentils from Canada. The wider worry is that Turkey’s problems could get international investors looking at other currencies around the world and start to sell them off, too. And while it is not a […] Read more

They may seem like a novelty now, but electric vehicles could quickly grow in number and significantly reduce the demand for gasoline and biofuel.  |  REUTERS/Lucy Nicholson photo

Electric vehicle revolution poses threat to biofuel

Several times on a recent vacation in Vancouver, sleek vehicles with an unfamiliar model badge would catch my eye. They turned out to be Teslas, electric cars made by the new company created by high-tech entrepreneur Elon Musk. You tend to see a lot more high-end vehicles in Vancouver than you do in Saskatchewan and […] Read more

Wheat crops are suffering in northern Europe, Australia and Canada.  |  File photo

Global wheat crop shrinks for first time in five years

The hot, dry weather slashing production prospects in much of northern Europe has helped the Minneapolis hard red wheat price to recover back to levels it traded at for much of the last crop year. However, to climb much higher would require help from a rally in other grains, and at least for now, that […] Read more

A woman wears a Make America Great Again cap as U.S. President Donald Trump speaks during a rally in Great Falls, Montana, July 5. Trump’s hard line on trade has sparked retaliatory actions from many of the United States’ trading partners.  |  REUTERS/Joshua Roberts photo

U.S. tariff war could spark dangerous consequences

The much-threatened tariff lists are being implemented and I fear we don’t know how wide the impacts will be. American President Donald Trump’s hard, unreasonable line on trade has sparked retaliatory actions from Canada, China, Mexico and the European Union. A study by Adam Slater, an Oxford University economist, says that if all the tariff […] Read more

New gene editing methods, coupled with other technologies such as quantum computing and artificial intelligence, mean the pace of innovation could quicken to the point that it will become virtually impossible for regulation to keep up.  |  File photo

New technology will force rethink on GM regulations

The case of the unapproved genetically modified wheat plants showing up alongside an oil well access road in Alberta is baffling on many levels, but the reality of Japan halting Canadian wheat imports could not be more clear. It is also clear that the rapid advance of genetic science will make obsolete the legal frameworks […] Read more

The spring high in new crop November soybeans was reached May 25 and the price has since fallen by almost 12 percent.  |  File photo

China-U.S. trade war gets real as soybean tariffs imposed

A growing trade war between the United States and China is weighing heavily on American soybean prices, which have fallen sharply from the spring highs. However, the value of Canadian canola is hanging on better. The weather in the U.S. Midwest is co-operating and the amount of soybeans in good to excellent shape at 74 […] Read more

Trump is learning that the ethanol industry, which generates US$45 billion in economic activity annually, mostly in Midwestern farm states, can’t be treated in a cavalier fashion. | File photo

Trump learns not to mess with biofuel policy

Current U.S. president and former New York real estate developer Donald Trump might might not have fully realized the power of ethanol in the politics of America’s heartland. But he is learning now that the ethanol industry, which generates US$45 billion in economic activity annually, mostly in Midwestern farm states, can’t be treated in a […] Read more

A new higher protein canola meal will make what was the IP Nexera canola an even more valuable product for feed makers, creating greater competition for soybean meal.  |  File photo

Canola meal: from byproduct to valuable co-product

A new type of canola with a meal similar to soybean meal promises a major breakthrough into the vast livestock feed market. Researchers are also working hard on other aspects of the meal to capture fast-growing opportunities in the human food market, which is hot for protein. After years of development and testing DowDuPont plans […] Read more

Stars align to support crop prices

Crop futures prices often rally in the spring and early summer because traders set prices to account for a weather risk premium and this year is no different. Indeed, prices for nearby futures in wheat, canola and corn are at or near the top of the common range of price in the last two or […] Read more

Drought in Argentina is one of the factors behind a shrinking world grain surplus. This soybean crop was photographed last month on a farm near Carlos Casares, Argentina.  |  REUTERS/Agustin Marcarian photo

Global crop stocks forecast to decline due to bad weather

The world grain surplus that has weighed on crop prices for the past few years is getting smaller, with corn leading the way. With recent weather problems in South America, the stocks numbers might shrink even more, although not yet enough to spark the kind of hot price rallies seen a few years ago. After […] Read more