Rack Petroleum Ltd.’s HedgeHog app allows users to confirm a guaranteed price for diesel for future delivery up to two years into the future.
Tag Archives fuel prices

Fuel hedging platform wins AIM innovation award

German farmers protest with tractors against austerity measures
The German government proposed to abolish fuel subsidies to meet savings targets
According to next year's budget, a partial tax refund on agricultural diesel, along with a tax exemption for agricultural vehicles, will be abolished to meet the saving targets - a measure farmers said would threaten their livelihood and the competitiveness of Germany's agricultural sector.

FCC sees calmer waters ahead on input market
Has the market finally steadied, or it is the calm before another storm?
Glacier FarmMedia – Farmers can breathe a sigh of relief knowing crop input prices have stabilized as the world adapts to global supply challenges. That was the message as Farm […] Read more

Will oil hit US$100? It already did in some markets
Saudi Arabia, Russia 'in solid control'
London | Reuters –– With oil investors and traders focused on an oil-price rally that has come close to US$100 a barrel, some grades of crude oil are already trading […] Read more

Extent of Saudi oil production cut unclear
Reported tensions within OPEC limit price gains
MarketsFarm — At the OPEC+ meeting Sunday in Vienna, Saudi Arabia announced it will cut its oil production by one million barrels per day (BPD) come July. And while that […] Read more

GM CEO says ‘we are selling every truck we can build’
Rising fuel prices not seen undermining big truck demand, yet
Detroit | Reuters — General Motors CEO Mary Barra said on Monday the automaker is “selling every truck we can build” and expanding North American truck-building capacity, even as U.S. […] Read more

High fuel costs a burden for drying grain
Fuel is one of many cost increases for elevators and farmers
High propane and natural gas costs loom ominously over growers and grain dryers. According to Ron Campbell, operations and member service manager with the Ontario Agri-Business Association (OABA), the upward […] Read more

Diesel prices, carbon tax cause headaches for farmers
MarketsFarm — Crude oil prices have been steadily on the rise since last November as oil-producing nations implement production cuts and Canadian farmers already affected by climbing diesel prices will […] Read more

Tight supplies could see diesel prices rise
CNS Canada – As supply tightens, farmers should consider stocking up on diesel before it’s too late, according to an analyst. “We think the market’s getting kind of overdone down […] Read more

Grain handle helps lift CN quarterly revenue
An increase in Canadian grain traffic helped support Canadian National Railway’s third-quarter revenues, though the costs of increased traffic ate at its bottom line. Montreal-based CN on Tuesday reported net […] Read more