crude oil Archives - Page 14 of 15

Views mixed on impact of crude’s slip for ag markets

By GFM Network News December 9, 2015

CNS Canada — While just about everyone agrees the plunging price of oil will have a bearish effect on commodity prices, the size and impact of that fall seems to vary. As recently as Nov. 4, crude oil prices were $48.64 a barrel, but since then have fallen to US$37.86, as of Wednesday’s opening. Some […] Read more

Crops, Machinery, Markets

Diesel prices remain high across Prairies

By GFM Network News December 8, 2015

CNS Canada — While the price of crude oil continues to decline across North American markets, diesel remains stubbornly high in Western Canada. Prices are equal to gasoline, or in some cases, exceeding them by as much as 10 cents in some Saskatchewan and Manitoba locations. “Diesel production in the West has been crimped by […] Read more

Crops, Machinery, Markets

Diesel prices seen softening soon

By GFM Network News July 7, 2015

CNS Canada — Canadian diesel prices should go down between now and the end of the summer, according to a fuel expert. Since early May, the price of diesel across the Prairies has largely been in and around the 94-98 cents per litre range. Tom Kloza of the Oil Price Information Service reported prices on […] Read more

Crops, Machinery, Markets

Diesel prices seen staying low until July

By GFM Network News May 20, 2015

CNS Canada –– The price of diesel has fallen to the same level as gasoline across Western Canada, but a Chicago-based analyst doesn’t expect it to stay that way for too long. “Probably after the Fourth of July, late July and August the prices may start to edge up,” said Phil Flynn, energy market analyst […] Read more

Crops, Machinery

Cost index trimmed for railways’ grain revenue cap

By Grainews Staff, GFM Network News April 30, 2015

A sharper-than-expected drop in fuel costs has led federal regulators to dial back the index that decides how much money railways get to keep from hauling Prairie grain. The Canadian Transportation Agency on announced Thursday it will cut its volume-related composite price index (VRCPI) by 5.6 per cent, to 1.2517, for the 2015-16 crop year. […] Read more

The gap between gasoline and diesel prices at retail has recently narrowed, as shown at this Winnipeg truck stop on April 1. (Dave Bedard photo)

Crops, Machinery, Markets

Diesel prices expected to see pressure in second quarter

By GFM Network News April 1, 2015

CNS Canada — The spring thaw may bring lower diesel prices to farmers in North America, according to a New Jersey-based oil expert. “A lot of new refining, worldwide, is coming on for diesel,” said Tom Kloza, chief oil analyst at the Oil Price Information Service. Compared to other fuels such as gasoline or jet […] Read more

Cattleman’s Corner, Markets

Crude oil price has little impact on cattle market

A review of the numbers fails to show any correlation between the two

By Jerry Klassen February 25, 2015

Over the past month, I’ve received many inquiries from cattle producers in regards to the relationship between crude oil prices and the cattle market in Western Canada. Cattle prices have remained near historical highs while crude oil values have dropped by nearly 60 per cent since the summer of 2014. Often we are confident that […] Read more

Columns, Crops

World events impact the farm

When you’re a farmer, world economics have a direct impact on your bottom line. Here’s a review of some of the hotspots to watch for the rest of the winter

By Brian Wittal February 11, 2015

Let’s review world events that could impact grain markets. Recent U.S. economic reports show the economy growing at a better-than-expected pace over the last few months. This is starting to push the U.S. dollar higher as investors look to the dollar as a safe investment haven. This is driving the Canadian dollar lower, back down […] Read more

Columns

Market macro review for 2015

World grain supplies, politics, economics and weather can all have an influence on the price of your grain

By Brian Wittal January 30, 2015

In this column we’ll look at some macro issues that can and likely will influence grain markets in 2015 and beyond. World supplies Bumper crops in the U.S. An average crop on top of a bumper crop last year in Western Canada. Normal to above average production in the EU, but quality problems this year. […] Read more

Cattleman’s Corner

Low oil prices will definitely impact beef market

By Jerry Klassen January 8, 2015

Fed cattle prices reached record highs in mid-December with Alberta packers purchasing steers in the range of $179 to $182, up nearly $10 from a month earlier. Market-ready supplies of fed cattle remain relatively tight while consumer demand has increased during the holiday season. Retailers have been selling beef in smaller packages in an effort […] Read more

U.S. grains: Soy futures set six-week low as China buys Argentine cargoes, snubs U.S.

U.S. livestock: Hogs rally ahead of USDA report

Canadian Barley Research Coalition pledges $1.8 million to USask Crop Development Centre

GFM Network News

U.S. grains: Soy futures set six-week low as China buys Argentine cargoes, snubs U.S.

U.S. livestock: Hogs rally ahead of USDA report

Canadian Barley Research Coalition pledges $1.8 million to USask Crop Development Centre

Tag Archives crude oil

Views mixed on impact of crude’s slip for ag markets

Diesel prices remain high across Prairies

Diesel prices seen softening soon

Diesel prices seen staying low until July

Cost index trimmed for railways’ grain revenue cap

Diesel prices expected to see pressure in second quarter

Crude oil price has little impact on cattle market

World events impact the farm

Market macro review for 2015

Low oil prices will definitely impact beef market

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