Laval-based Alimentation Couche-Tard, which owns the Circle K and Couche-Tard convenience store brands, in August announced a “friendly, non-binding” merger proposal to Seven & i Holdings, owner of the 7-Eleven brand. The Tokyo company last month rejected Couche-Tard’s proposal.

Even in a weak economy, strong performers exist

Investing for Fun and Profit: We limit our exposure in some sectors, but ‘there’s more than one way to skin a cat’

The saying “There’s more than one way to skin a cat” probably dates back to medieval times when both domestic and wild cats were skinned for their fur. A literal interpretation would be rather repugnant in modern times, yet the saying persists to represent multiple ways to achieve a goal. Two issues ago, I bemoaned […] Read more

As I’ve already experienced with telcos, declining profitability often leads to declining service levels.

Can Canada’s banks and telcos maintain as reliable performers?

Investing for Fun and Profit: Also includes an update on the latest status of the Titanium Strength Portfolio

This is my 100th column over the past six years for Grainews. I hope you’ve enjoyed the wit and wisdom, albeit limited, and that my musings helped your off-farm investing success. This is also the first column written following the May 15 anniversary of the Titanium Strength Portfolio (TSP). At its outset, the purpose was […] Read more


Mailed cheques are now being intercepted by fraudsters and duplicated but made out to new payees.

Fraudsters bringing bigger phish to farms

An ATB rep suggests the time has come for you to stop writing physical cheques

Glacier FarmMedia — The time has come for you to step up your cybersecurity against rising levels of financial fraud that have cost some producers tens of thousands of dollars. “It’s unbelievable the amount of cases that have come through our organization in the last year and a half,” says Jonathan Neutens, head of agriculture […] Read more

Vessels are seen as they await inspection under the Black Sea Grain Initiative, brokered by the UN and Turkey, in the southern anchorage of the Bosphorus at Istanbul on Dec. 11, 2022. (File photo: Reuters/Yoruk Isik)

Russia rejects bank compromise as Black Sea grain deal expiry looms

Collapse of deal could aggravate global food crisis

Reuters — Russia on Tuesday restated a demand for its state agricultural bank to be reconnected to the global SWIFT payments system to avert the collapse of the Black Sea grain deal, and said it would not accept a reported compromise proposal. With 13 days remaining until the expiry of the deal, which has allowed […] Read more


Liberia-flagged bulker K Sukret, carrying grain under the Black Sea Grain Initiative, waits for inspection in the southern anchorage of Istanbul on May 17, 2023. (Photo: Reuters/Mehmet Emin Caliskan)

EU seen weighing concession to Russian bank over Black Sea deal

New arm of ag bank could connect to SWIFT

Reuters — The European Union is considering a proposal for the Russian Agricultural Bank to set up a subsidiary to reconnect to the global financial network as a sop to Moscow, the Financial Times said on Monday. With the bank under sanctions, the move aims to safeguard the Black Sea grain deal that allows Ukraine […] Read more

CBOT May 2023 soft red winter wheat with 20-day moving average, MGEX May 2023 hard red spring wheat (orange open/high/low/close) and K.C. May 2023 hard red winter wheat (orange O/H/L/C). (Barchart)

U.S. grains: Wheat slightly rebounds; corn, soy dip

Market volatility over banking sector hits grains prices

Chicago | Reuters — Chicago grains see-sawed on Monday, piggybacking on U.S. stocks that were spooked by global economic concerns after the tech-focused lender Silicon Valley Bank collapsed. The most-active corn and soybean contracts closed weaker, while wheat rebounded slightly after finishing last week at a 20-month low. Grains prices gyrated throughout the day as […] Read more


One advantage to the Advance Payments Program is that producers only repay the cash advance as they sell the product they took the advance against.

Cash advances eases interest rate pain

The federal government's Advance Payments Program offers interest free farm loans

Over 10,000 producers use the Canadian Canola Growers Association’s (CCGA) cash advance program every year. The program advances around $1.5 billion annually, mainly to grain and oilseeds operations. CCGA is one of largest administrators of the Advance Payments Program (APP) to Western Canadian producers. The APP is a federal government program made available through Agriculture […] Read more

For the most part, recent strong net income will take the sting out of interest rate hikes.

Rising interest rates, rising risk?

Farm Management: What do today’s rising interest rates mean for your farm’s balance sheet

There are a number of ways that rising interest rates affect farm balance sheets. They can negatively affect cash flow, can create a need to adjust short-term and long-term liabilities and affect the value of farmland that in turn can impact the farm’s asset values. “Higher interest rates will impact operations differently based on how […] Read more


Close up of Canadian currency

Starting your self-managed accounts

Getting accounts started is a simple as a visit to your local bank

So you have emptied your piggy bank, read my book, and are now motivated to start a stock investing account. Or you already have accounts at a few different places and want to consolidate them to start managing yourself. Perhaps you are working with a financial advisor but want to take more control. How do […] Read more