Energy prices for Prairie farmers should be steady to lower because the world has an adequate supply of crude oil and Western Canada has a surplus of natural gas.
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Petroleum’s influence on crop prices increases
The job of a grains and oilseeds analyst has become more complicated. “We can’t look at ag commodities in isolation anymore,” said Owen Wagner, senior analyst with Rabobank. “We always have to have an eye on petroleum in the background.” The link between those commodities started in 2006-07 when 10 percent of the soybean oil […] Read more
