U.S. livestock: Cattle, hog futures down on big supplies, economic jitters

Surge in U.S. COVID-19 cases rattles Wall Street

Reading Time: 2 minutes Chicago | Reuters — U.S. cattle futures eased on Wednesday and hog futures were mostly lower on ample livestock supplies and concerns about rising coronavirus infections and their negative impact on the economy. Wall Street’s three major indexes tumbled on Wednesday and crude oil plunged more than five per cent as a surge in U.S. […] Read more

The Canadian dollar has dropped from about 76 cents to the U.S. dollar to about 71 cents since the start of the COVID-19 pandemic.

Weak loonie only gets Canadian farmers so far

Collapsing oil prices have weakened Canada’s currency, but only against the U.S. greenback, which dilutes the benefit

Reading Time: 3 minutes Glacier FarmMedia – The good news is that the Canadian dollar is likely to remain weak for the foreseeable future, according to most analysts. The bad news is that the weakness, which tends to boost Canadian agricultural values, might only exist compared to the American dollar, and that might not mean much. “Who am I […] Read more

There can be a presumption of inheritance by the younger generation, or an assumption by the older generation that their children will continue with the family business.

Editorial: Putting the emphasis on family generational wealth

Reading Time: 3 minutes I’ve heard many speakers on farm succession. Most of them have good messages; some of them are exceptionally good at creating enthusiasm, and some have useful stories that make you squirm because you can see yourself in them. None have them have quite put things like Tom Deans, the keynote speaker on Day 1 of […] Read more

Darci Vetter says American policy is harsh on farmers there.

American trade policy remaking world economy

Many parts of it will be detrimental to American trade over the long term, says former negotiator

Reading Time: 2 minutes There are several ways the United States is losing by focusing on a nationalist trade agenda and balancing trade in every way, says a former U.S. chief agriculture trade negotiator. Darci Vetter, who is now vice chair, Agriculture, Food and Trade with Edelman, told the recent Arrell Food Summit that that’s borne out in the […] Read more

For agriculture to become a future pillar in Canada’s economy, it will be essential that the sector evolves in the area of labour.

Editorial: Watching for the next great leap in agriculture

Reading Time: 3 minutes Agriculture has been the productivity star of the Canadian economy for the past 50 years, says John Stackhouse of the Royal Bank. But he also says that predictable productivity improvement seen almost every year is flagging and he’s not sure why. He told the Ontario Federation of Agriculture’s annual meeting that for agriculture to become […] Read more

Editorial: Exporting agriculture’s productivity miracle

Reading Time: 3 minutes Global productivity in agriculture production continues to grow healthily, but not yet fast enough to feed the expected 10 billion people on the planet by 2050. That’s according to the 2019 Global Agriculture Productivity (GAP) Report, recently released by Virginia Tech’s College of Agriculture and Life Sciences. The report says that agriculture productivity is increasing […] Read more

The U.S.-China trade war is getting the most attention these days, but Stefane Marion of the National Bank of Canada says 
the free trade environment of the last 20 years is under threat around the world.

International trade disputes a threat to global economy

Numerous trade disputes have broken out around the world, causing uncertainty

Reading Time: 3 minutes Glacier FarmMedia – Hearing all the grim talk about slowing global growth and seeing alarming signs from the bond market, it’s understandable that many believe the world is fated to fall into recession soon, acknowledges the chief economist of National Bank of Canada. But unless some wild cards get played, the actual chances of a […] Read more

Election 2019: Ag groups want the parties to pay attention

Reading Time: 2 minutes MarketsFarm — Two major national farm organizations want the political parties to pay more attention to agriculture as the federal election continues. However, the Canadian Federation of Agriculture (CFA) and the National Farmers Union (NFU) have somewhat different takes as to what they see as paramount. “It’s really important that we uphold the quality of […] Read more

Trade disputes between the United States and China – as well as Canada and China – are creating uncertainty for the overall global economy.

An economic reality check for Canada’s farm sector

Chaotic trade and financial environments dominate first half of 2019

Reading Time: 4 minutes Many analysts predicted market uncertainty for 2019 and so far, those predictions have come true. With trade wars, mixed-result political dealings, and an overall unstable global economy, the situation for Canadian farmers continues to be concerning – though not inherently dire. Why it matters: Uncertainty about markets, politics and the global economy are causing anxiety […] Read more