inflation Archives - Page 5 of 8

Klassen: Demand fears cause feeder cattle market volatility

Barley values continue upward

By Jerry Klassen, GFM Network News October 5, 2022

Compared to last week, western Canadian yearling markets traded $4 higher to as much as $6 lower. Strength was noted in the eastern Prairie regions while the market was softer in Alberta. Western Canadian calves were extremely volatile, trading $5 higher to as much as $10 lower in some cases. It’s not uncommon for markets […] Read more

Beef Cattle, Livestock, Markets

Klassen: Steady demand underpins feeder cattle complex

By Jerry Klassen, GFM Network News September 27, 2022

Compared to last week, Alberta yearling markets traded $2-$4 on either side of unchanged; however, 800-pound-plus cattle in Manitoba and Saskatchewan appeared to trade $4-$6 higher. Yearling prices across the Prairies are now relatively even with no freight discounts from major southern Alberta markets. Calf markets are becoming more defined with larger volumes on offer. […] Read more

Central bankers who initially called spiking inflation transitory are now somewhat in a panic.

Columns

The economy, GDP, inflation, interest rates, recessions and bear markets

These items are interrelated but perhaps not as directly correlated as perceived

By Herman VanGenderen September 13, 2022

The current U.S. bear market is brought to you by an unwinding of speculative excess, increasing inflation driving interest rates, Putin’s war in Ukraine and fears of a recession. A recession is defined as two quarters of negative growth. First quarter U.S. growth was negative and if the second quarter comes in negative it will […] Read more

CBOT November 2022 soybeans (candlesticks) with Bollinger bands (20,2). (Barchart)

Crops, Markets, Reuters

U.S. grains: Chicago grains firm on yield uncertainty ahead of USDA report

Grains also underpinned by U.S. dollar fall after inflation data

By GFM Network News August 11, 2022

Chicago | Reuters — Chicago wheat and soybean futures closed higher on Thursday as a weaker U.S. dollar lent support to dollar-priced commodities and traders squared up their positions ahead of a key government report. Meanwhile, corn futures firmed, supported by concerns about hot and dry weather stressing the U.S. Midwest crop through its final […] Read more

Corn in progress just east of Blumenort, Man. on July 20, 2022. (Dave Bedard photo)

Crops, Markets

CBOT weekly outlook: Lower inflation, USDA report to impact markets

By GFM Network News August 10, 2022

MarketsFarm — With the U.S. Department of Agriculture (USDA) already set to release its monthly supply/demand estimates on Friday, the U.S. Labor Department threw in a curveball two days prior. The Labor Department on Wednesday reported the annual rate of inflation declined to 8.5 per cent in July, 0.6 of a point lower than in […] Read more

File photo of a rainy day in Iqaluit. (Wildnerdpix/iStock/Getty Images)

General, Markets, Reuters, Weather

Cold and hungry: Food inflation bites Canada’s North

'It's really expensive to do business here'

By Rod Nickel, GFM Network News August 8, 2022

Iqaluit | Reuters –– In Canada’s remote North, residents have long paid dearly for food, and rising prices have worsened an already dire situation, exposing the vulnerability of one of the world’s biggest exporters of grains and meat. Communities in Nunavut — the largest of the three territories that make up Canada’s northernmost region — […] Read more

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)

Crops, Markets

CBOT weekly outlook: Volatility ahead as U.S. inflation rises

By GFM Network News July 13, 2022

MarketsFarm — Shifting weather forecasts may have led to choppy activity in U.S. grain and oilseed markets during the week ended Wednesday, but rising inflation may create even more turbulence going forward, according to an analyst. The U.S. Bureau of Labor Statistics reported on Wednesday that the annual rate of inflation rose to 9.1 per […] Read more

A view of Ceres Global Ag’s Northgate, Sask. facility as seen from its fertilizer shed in 2018. (Grainews photo by Lisa Guenther)

Canola, Crops, Markets

Ceres pulls plans for Saskatchewan canola crush plant

U.S. company suspends project citing higher-than-projected costs

By Dave Bedard, GFM Network News June 27, 2022

U.S. ag commodities firm Ceres Global Ag’s plans for a canola crush plant in southeastern Saskatchewan are now on indefinite hold. Minneapolis-based Ceres said Friday it’s suspending the crush project it announced in May last year and will terminate a related equipment design and supply contract, so as to reduce “project-related contract liabilities.” The proposed […] Read more

(Noel Hendrickson/DigitalVision/Getty Images)

Dairy Cattle, Livestock, Markets

Mid-year farm gate price hike approved for milk

Processors say incremental hike may soften impact on consumers

By Dave Bedard, GFM Network News June 21, 2022

A request from Canada’s dairy farmer organization for an unscheduled increase in the current farm gate price for milk, to help farmers catch up with steep rises in their costs of production, has been granted. The Canadian Dairy Commission said Tuesday it will recommend that the farm gate price for milk be increased effective Sept. […] Read more

Crops, Markets, Reuters

Biden signs ocean shipping bill in bid to reduce backlogs

By GFM Network News June 17, 2022

Washington | Reuters — U.S. President Joe Biden on Thursday signed legislation to improve oversight of ocean shipping, which lawmakers say will help curb inflation and ease export backlogs. The bipartisan bill passed the U.S. House of Representatives on a 369-42 vote earlier this week. Biden said he had “promised to crack down on ocean […] Read more

GFM Network News

B.C. ostriches culled, CFIA confirms

U.S. livestock: Cattle, hogs end week on high note

U.S. grains: Soybeans bounce as Chinese demand assessed, wheat drops

Tag Archives inflation