commodity prices Archives - Page 2 of 3

Mintec acquires Agribriefing to expand agrifood data offering

By Reuters, GFM Network News January 10, 2023

Paris | Reuters — British market intelligence firm Mintec announced on Tuesday the acquisition of Agribriefing in a deal it said would create a leading global provider of data on agricultural and food markets. Financial details were not disclosed. Agribriefing’s businesses include protein price-reporting agency Urner Barry and crop consultancy Strategie Grains, the latter acquired […] Read more

General, Markets

Farmland appreciation continues through pandemic year

FCC report puts Canada's average land value increase at 5.4 per cent

By Dave Bedard, GFM Network News March 15, 2021

Economic churn across Canada from the global COVID-19 pandemic didn’t faze the country’s real estate market — nor its farmland market in particular — in 2020, according to the latest review from the federal farm lending agency. Farm Credit Canada on Monday released its 2020 Farmland Values report, showing an average increase of 5.4 per […] Read more

Bayer’s cross symbol hangs in a terminal at Frankfurt International Airport. (Typhoonski/iStock Editorial/Getty Images)

Crops, Reuters

Bayer plans more cost cuts, impairment charges

Pandemic now expected to hit crop science wing

By Reuters, GFM Network News September 30, 2020

Berlin | Reuters — German drugs and chemical company Bayer announced plans on Wednesday for more than 1.5 billion euros (C$2.34 billion) of cost cuts as of 2024 and said it would take impairment charges on its agricultural business as it battles with low commodity prices. Bayer said that the impact of the coronavirus on […] Read more

Once harvest is in the hopper, it’s time to reap the reward for your efforts. But what qualities are oat millers looking for?

Crops, Oats

How to get top dollar for your oat crop

What millers look for and the agronomic practices to get there

By Melanie Epp March 31, 2020

Over the past 10 years, oats have gone from being somewhat of an afterthought to one of the more lucrative crops grown on the Prairies. Oats are a useful crop to have in the rotation as they are cold tolerant and can be planted earlier than other crops. They also fetch a fairly good price […] Read more

Columns

Commodity booms and busts: Part 2

Rinse and repeat: commodity stock prices follow an ever-repeating cycle

By Herman VanGenderen March 24, 2020

Where are we in the current economic cycle? Canada experienced a minor commodity-driven recession in 2015. It was a major recession in oil-producing regions but unfelt in other parts of the country. The United States has not experienced negative growth since 2009. My focus with this article is the United States because well, it’s the […] Read more

Columns

Commodity booms and busts: Part 1

Commodity price highs and lows are tightly tied to the economic cycle

By Herman VanGenderen March 10, 2020

The U.S. stock market had one of its worst decades on record from 2000 to 2009, even worse than from 1930 to 1939, averaging just 1.2 per cent returns annually. Commodities, on the other hand, had a fantastic decade. U.S. stock markets had a great decade from 2010 to 2019, averaging 14.2 per cent annual […] Read more

Neil Townsend (left) of FarmLink and Jason Newton of Nutrien discuss farm consolidation at the Grain World conference in Saskatoon on Nov. 28, 2019. (MarketsFarm photo by Glen Hallick)

Crops

Grain World: Farm consolidation key to increasing yields

By GFM Network News December 4, 2019

Saskatoon | MarketsFarm — Consolidating farms — going from numerous small operations to fewer, but much larger, farms — is central to improving crop yields, according to grain industry observers Neil Townsend and Jason Newton. Townsend is the chief market analyst for FarmLink Marketing Solutions, while Newton is the chief economist and head of marketing […] Read more

Crops, Machinery, Markets, Weather

China, drought, debt shake Canadian farm finances

By Rod Nickel, GFM Network News June 19, 2019

Winnipeg/Ottawa | Reuters — For years, the financial stability of Canadian farmers was the envy of their U.S. counterparts, but rising costs, drought and a dispute with China have weakened their bottom lines. Net incomes plunged last year, and that setback was followed in March by China’s halting purchases of canola, Canada’s biggest crop. Now […] Read more

Crops, Machinery, Markets, Reuters, Weather

Climate change has U.S. fund managers adjusting agriculture investments

By GFM Network News May 3, 2019

New York | Reuters — After historic floods devastated Midwestern agricultural states this spring, some fund managers are evaluating how climate change will affect the long-term value of companies that make or sell products ranging from tractors to fertilizer. The issue is not simply the unpredictability of weather. Instead, fund managers say, they are struggling […] Read more

Crops, Markets, Reuters

No fresh aid package for U.S. farmers planned for now, Perdue says

By Reuters, GFM Network News April 30, 2019

Washington | Reuters — The Trump administration does not have any active plans to provide more aid to farmers at the moment but can consider the option if the trade negotiations and weak commodity prices linger, U.S. Secretary of Agriculture Sonny Perdue said on Tuesday. “We have been very clear to the agriculture community that […] Read more

Alberta crop conditions improve: report

U.S. grains: Corn sets contract lows on expectations for big US crop

U.S. livestock: Cattle strength continues

GFM Network News