inflation Archives - Page 2 of 8

What will a Middle East war do to your costs and prices?

Bonds and Risk: Expect fuel costs to be up, interest costs down

By Andrew Allentuck November 13, 2024

Farmers are caught in a developing cost squeeze. Global oil costs are threatening to balloon from about US$80 today to over US$100 per barrel, which would be a 25 per cent leap. On the other hand, interest rates in the U.S. and Canada are scheduled to decline by as much as 1.5 per cent by […] Read more

(File photo) Bank of Canada Governor Tiff Macklem takes part in a news conference, after cutting key interest rate, in Ottawa, Ontario, Canada July 24, 2024. REUTERS/Blair Gable

News, Reuters

Bank of Canada cuts rates, hails ‘good news’ on low inflation

By David Ljunggren, Promit Mukherjee, Reuters October 23, 2024

The Bank of Canada on Wednesday reduced its key benchmark rate by 50 basis points to 3.75 per cent, its first bigger-than-usual move in more than four years, and hailed signs the country has returned to an era of low inflation.

Bank of Canada Governor Tiff Macklem takes part in a news conference, after cutting key interest rate, in Ottawa, Ontario, Canada July 24, 2024. REUTERS/Blair Gable

News, Reuters

Canada’s inflation eases to 1.6 per cent, increasing chances of 50 bps rate cut

By Ismail Shakil, Promit Mukherjee, Reuters October 15, 2024

Canada's annual inflation rate slowed more than expected to 1.6 per cent in September, data showed on Tuesday, prompting markets to increase bets of a 50 basis point rate cut next week. The easing of inflation, which was mainly led by a huge drop in the price of gasoline, was the smallest annual increase in consumer prices since February 2021, Statistics Canada said.

Machinery, Traction & Compaction

Getting the right tire

Loader tires need the right tire and inflation pressure for the load

By Scott Garvey March 4, 2024

When spec’ing out a new loader tractor, there are a lot of things to consider: lifting capacity, horsepower, size et cetera. Easily overlooked, though, are the specifications for the tires the tractor rides on — and how they can seriously affect tractor performance. “One thing that’s important for operators to understand is how proper ballasting, […] Read more

Just two per cent of the total companies in the S&P 500 index now represent 32 per cent of the entire index by market value.

Columns, Global markets, Home Quarter Investing, Markets

Economic and market outlook for 2024

If the U.S. avoids recession, Canada's will probably be shallow

By Herman VanGenderen March 2, 2024

It’s difficult to make predictions, especially about the future.” One of my favorite prediction quotes comes by way of the legendary baseball player, manager and philosopher, Yogi Berra. This quote, like many of his famous quips, incorporates a meaningful paradox. Following up on my previous column, the TSX ended 2023 with a total return — […] Read more

Oil inventories remain low, but recession fears leading to price declines continue to permeate the market.

Columns, Home Quarter Investing, Markets

How did 2023’s economic and market predictions turn out?

Predictions are often made but their accuracy never evaluated, yet this is an important step

By Herman VanGenderen February 23, 2024

For the past seven years in my newsletter, I have made annual “Fearless Predictions.” I also summarize predictions from the investment industry. The last chapter of my book, titled “If I claim to be a wise man…it surely means that I don’t know,” launched my annual prediction exercise, largely to poke fun at the process. […] Read more

Dairy Cattle, General

Dairy sector set to stabilize in 2024: FCC

Feed prices, butter stocks, retail demand and inflation top trends to watch

By Geralyn Wichers, GFM Network News February 13, 2024

The dairy sector seems set to stabilize in 2024 amidst high processor demand and leveling-off input costs, Farm Credit Canada says.

Several reasons exist for the recent divergence between our two interconnected economies.

Columns, Home Quarter Investing

The tale of two economies

Strong energy prices would normally lead to a strong Canadian currency

By Herman VanGenderen February 6, 2024

U.S. third-quarter GDP (gross domestic product) grew at an annualized rate of 4.9 per cent. This followed second-quarter growth of 2.1 and first-quarter of 1.1 per cent. Rather than the widely predicted recession, the U.S has experienced accelerating growth. Canada, on the other hand, is flatlining, with first-quarter growth of 0.8 per cent, second-quarter at […] Read more

Beef Cattle, Cattleman’s Corner, Markets

Beef demand outlook brightens

U.S. consumer spending — the main driver of beef demand — is improving

By Jerry Klassen February 2, 2024

U.S. and Canadian inflation reached 40-year highs in June of 2022. Interest rates reached 22-year highs in the summer of 2023. For the past two years, most financial analysts were forecasting a U.S. and Canadian recession at some point in the future. When the recessions didn’t occur, they delayed the recession forecast by three to […] Read more

General, Reuters

Canada’s jobs growth stalls in December as wages accelerate

Declines in goods sector driven by job losses in manufacturing, construction and agriculture

By Reuters, GFM Network News January 5, 2024

Canada's economy added far fewer jobs than expected in December and the jobless rate remained at 5.8 per cent, but permanent employees' wages increased at the fastest pace in three years, data showed on Friday.

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