The Bank of Canada on Wednesday kept its key policy rate on hold as widely expected but Governor Tiff Macklem said the central bank was ready to raise rates to prevent higher energy prices becoming persistent inflation.
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Bank of Canada holds rates, says it would hike them to prevent persistent inflation
Canadian Agricultural Safety Association promotes new vision for farm safety
The Canadian Agriculture Safety Association announced a new vision and mission statement of promoting a “culture of agricultural safety that protects people through knowledge sharing, support, and meaningful connections” during Canadian Agricultural Safety Week, March 15-21.
BASF announces $27M Saskatoon canola breeding facility expansion
BASF is investing $27 million to expand its Canola Breeding Centre of Innovation in Saskatoon with the hopes of refining and accelerating the development of hybrid canola.
Klassen: Weaker fed markets add fear to feeder prices
For the week ending March 14, Western Canadian yearlings and backgrounded cattle traded $10 to $15 lower on average compared to seven days earlier. Calves were unchanged to $10/cwt lower on average. Weakness in the nearby and deferred live cattle prices along with strength in the barley market resulted in a negative tone for the […] Read more
Chicago cattle futures surge as corn falls, Colorado packer strikes
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Feeder cattle futures surge on lower corn prices and expected tight supplies in USDA's Cattle on Feed report as JBS workers strike in Colorado.
Gulf fertilizer plants go dark as Iran war chokes global supply ahead of spring planting
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Strait of Hormuz closure halts Gulf fertilizer production, sending urea prices surging as global spring planting season begins.
Canadian trade tribunal to examine imports of frozen, canned vegetables
Canadian officials will look into whether global imports of frozen and canned vegetables are threatening Canadian growers and processors.
Pay more attention to South American corn
Brazil’s massive soybean crop may be grabbing the headlines, but there should be more attention on the difficulties with the country’s corn crop, said analyst Michael Cordonnier of Soybean and Corn Advisor Inc.
Board appointments hint Richardson Int. may rejoin canola council
The Canola Council of Canada has appointed a Richardson International official to its board.
Pulse weekly: Canadian pea exports up in January, lentils lag
Canadian pea exports picked up in January, while lentil movement dipped compared to the previous month, according to the latest Statistics Canada trade data.
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