fuel Archives - Page 5 of 6

New environmental rules expected to further lift diesel prices

By GFM Network News November 19, 2019

MarketsFarm — Diesel prices in Canada and the U.S. have increased marginally ahead of winter, which is expected for this time of year — but in the New Year, prices on the farm will likely be higher than normal, as the ocean freight industry adopts new environmental standards. While a farmer’s demand for diesel is […] Read more

File photo of propane tanks. (Joe_Potato/iStock/Getty Images)

Crops, Machinery, Reuters, Weather

U.S. states declare emergencies to help farmers in propane shortage

By Reuters, GFM Network News November 18, 2019

Reuters — Regional shortages of propane, which is used for heating homes and barns and by farmers to dry their crops, have led to emergency declarations covering nine U.S. Midwest states amid late harvests of soggy grains. Iowa, Minnesota, North Dakota and Wisconsin declared state emergencies beginning in late October, and continued last Friday to […] Read more

Crops, Machinery, Markets

Canada’s fuel prices to rise after attack in Saudi Arabia

By GFM Network News September 16, 2019

MarketsFarm — Following an attack on two major oil facilities in Saudi Arabia, consumers can expect a small rise in fuel prices in the days to come. The attacks on Saturday hindered the production of about 5.7 million barrels of oil per day. On Monday morning, crude oil prices were up by about 10 per […] Read more

General, Markets

Calgary to step out of Federated Co-op grocery system

By Glacier FarmMedia staff, GFM Network News August 12, 2019

Calgary Co-op’s grocery business plans to get all its goods from suppliers other than Federated Co-operatives (FCL) starting in April next year. Saskatoon-based FCL said Thursday it had received notice from Calgary Co-operative Association that it would “discontinue the procurement of all products for their grocery stores from FCL” at that time. The Saskatoon StarPhoenix […] Read more

General, Machinery, Markets

Canada’s realized net farm income way down in 2018

By GFM Network News May 28, 2019

Stagnant farm cash receipts against significant increases in feed, fuel and interest costs have led to Canada’s biggest decline in realized net farm income in over a decade. That’s according to Statistics Canada, which on Tuesday released full-year farm income data for 2018, pegging realized net farm income for the year at $3.9 billion, down […] Read more

Crops, Machinery

Prairie grain freight cost index adjusted upward

By Glacier FarmMedia staff, GFM Network News May 4, 2019

Corrected, May 6, 2019 and Jan. 7, 2021 — Canada’s big two railways can expect a small raise in the amount of revenue they get to keep from hauling Prairie grain in the coming crop year. The Canadian Transportation Agency (CTA) on Tuesday announced it will set the volume-related composite price index (VRCPI) at 1.4371 […] Read more

Finance Minister Bill Morneau appears at a pre-budget event March 14 at the Toronto Kiwanis Boys + Girls Clubs. (BMorneau.liberal.ca)

General, Machinery, Markets, Weather

Farm groups see something for everyone in federal budget

By Glacier FarmMedia staff, GFM Network News March 20, 2019

Response so far from farm and agribusiness organizations to Tuesday’s pre-election budget suggests the federal government has managed to find at least one line item for everyone in the ag sector. Finance Minister Bill Morneau’s budget pledges compensation for supply-managed sectors facing financial hits from international trade pacts, funding for a new federal food policy […] Read more

Crops, Machinery, Markets, Reuters

Expanding E15 sales would have limited U.S. market impact, analysts say

By Michael Hirtzer, GFM Network News October 16, 2018

Chicago | Reuters — The Trump administration’s plan to allow year-round sales of higher-grade corn ethanol would have limited impact on the depressed U.S. ethanol market, with record supplies and prices for the fuel hovering near the lowest in a decade, analysts said. President Donald Trump announced the decision last week ahead of a campaign […] Read more

Crops, Machinery, Markets

Dwindling diesel supplies could boost price

By GFM Network News July 26, 2018

CNS Canada — Strong global demand and a looming North American harvest could send diesel prices higher in coming months. According to one energy analyst in Chicago, farmers may want to buy some fuel before prices get too high. “We’re telling our people to hedge some of your exposure, because we do think that, barring […] Read more

General

Diesel prices to start edging up in 2017

By GFM Network News December 28, 2016

Commodity News Service Canada – An improving U.S. economy and a global deal to limit oil production should give diesel prices a boost in the coming year. “We’ve been blessed with low diesel prices the past few years but we’re probably looking at higher prices in the New Year,” said Phil Flynn of Price Futures […] Read more

Daily Network News

USDA attachés forecast some changes in China’s oilseeds, cereals

China urges hog producers to manage output, vows timely reserve adjustments

Farm Credit Canada offers aid to farmers, companies affected by Iran war price spikes

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