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Lower tire pressure offers more traction and less ground compaction, but can limit the tire's load capacity.
Machinery, Traction & Compaction

Getting the right tire

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

By
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
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
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
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

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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
lean beef in retail meat case
Beef Cattle, Cattleman’s Corner, Markets

Beef demand outlook brightens

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

By
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
Photo: Thinkstock
General

Canadian food inflation to slow through 2024, report says

More certainty has brought an uptick in grocer promotions, but consumers are struggling

By
Canadian food prices are expected to rise between 2.5 and 4.5 per cent in 2024, according to a new report. “It is probable that Canadians will continue to experience the strain of food inflation compounded by increasing costs of housing, energy and various other expenditures,” according to Canada’s Food Price Report 2024.
(Noel Hendrickson/DigitalVision/Getty Images)
Dairy Cattle, Livestock

Farmgate milk price hike delayed to May

Stakeholders say increase should be postponed amid food inflation concerns

By
The farmgate price of milk will go up May 1, 2024, rather than Feb. 1, after a review of the national pricing formula and consultation with stakeholders. The increase will be 1.77 per cent, or about 1.5 cents per litre for milk going into processing plants, the Canadian Dairy Commission said Wednesday. The commission had […] Read more

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