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Tag Archives inflation

(Kelli Jo/iStock/Getty Images)
Hogs, Livestock, Markets

Hog sector to focus on margins in face of outside volatility

'Counter-cyclical' moves seen in markets

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MarketsFarm — The hog sector has found itself caught up in the general uncertainty of many commodity and financial markets — making it more difficult than normal to predict where values could be headed. “We’re seeing a ton of volatility and it feels like we’re in a bit of transition on supply versus expectations,” said […] Read more
(Diane Kuhl/iStock/Getty Images)
Dairy Cattle, Livestock

Dairy farmers seek mid-year increase on farmgate milk prices

CDC to seek stakeholder comment next week

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The Canadian Dairy Commission will seek out feedback from industry stakeholders next week on Canadian dairy farmers’ request for a mid-year raise in farmgate milk prices. The CDC said June 2 it had received a request from Dairy Farmers of Canada for the increase “due to the current inflationary environment.” If it’s approved, and if […] Read more
Stock photo of a grain grower in India. (Triloks/iStock/Getty Images)
Crops, Markets, Reuters, Weather, Winter Wheat

India bans wheat exports as heat wave hurts crop, domestic prices soar

Ban could push global wheat prices to new peaks

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Mumbai | Reuters — India banned wheat exports on Saturday days after saying it was targeting record shipments this year, as a scorching heat wave curtailed output and domestic prices hit a record high. The government said it would still allow exports backed by already issued letters of credit and to countries that request supplies […] Read more
CME June 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle, hogs slip on demand concerns

Inflation on U.S. retail meat a worry

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Chicago | Reuters — CME Group live cattle and hog futures slumped on Friday, as investors worried about the prospect of food inflation weighing heavy on U.S. consumer meat demand as the summer grilling season gets underway, analysts said. Benchmark June lean hogs settled the day down 2.975 cents, to 104.1 cents/lb. (all figures US$). […] Read more
Yuri and Oleksiy, farmers wearing body armours and helmets, prepare for field work in Ukraine’s Zaporizhzhia region amid Russia’s invasion, on April 26, 2022. (Photo: Reuters/Ueslei Marcelino)
Crops, Reuters

Worsening global food security needs Ukraine, Russia production, UN chief says

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Abuja | Reuters — U.N. Secretary-General Antonio Guterres said Wednesday the problem of global food security could not be solved without restoring Ukrainian agricultural production and Russian food and fertilizer output to the world market. Russia’s invasion of Ukraine in February has added to volatility in financial markets, sending commodity prices higher and affecting logistics, […] Read more
(ThamKC/iStock/Getty Images)
Corn, Crops, Reuters, Weather

U.S. EPA allows temporary summer sales of higher-ethanol fuel

Waiver seen as score for corn growers

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New York | Reuters — The U.S. Environmental Protection Agency issued an emergency waiver for a higher-ethanol gasoline blend on Friday, allowing summertime sales of the fuel in an attempt to help lower gasoline prices at the pump. The move represents a temporary win for the biofuels industry and corn farmers, as it will likely […] Read more
CXN360 is a marketing app from Ag Exchange Network designed to help farmers get the best prices for their grain. Recently, a new tool called PXN360 was added to the app that helps farmers find the best prices on fuel.
Features, News

Find the best prices on petroleum, diesel and propane

A new tool from CXN360 offers easy access to the best fuel prices

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Across the Prairies, producers continue to grapple with escalating fuel prices that make it harder to farm profitably — but there could be some relief in sight. PXN360 is a new offering from the company behind the popular online grain marketplace CXN360. PXN360 (the PXN stands for Petroleum Exchange Network) is a new tool from […] Read more
Germination and vigour have been affected by damage to pulse crop seeds. Extremely dry conditions during the growing season and at harvest and a period of extremely cold conditions for a few weeks in early winter contributed to increased levels of seed cracking as shown in the yellow peas above.
Crops, Features

Seed quality, seed supply and management tips for 2022

Deal with reputable seed suppliers and make sure all seed batches are tested ahead of the seeding season

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Not that it is a major news blast, but if they haven’t done so already western Canadian farmers need to be thinking now about getting seed sources lined up for the 2022 growing season. Also, if they’re planning to use farm-saved seed, make sure it is properly tested for germination and vigour. The 2021 growing […] Read more
(Video screengrab from CBSA-asfc.gc.ca)
General, Machinery, Markets, Reuters

Vaccine mandate to lead to inflation, empty shelves, trucking executives say

Parallel mandate for U.S. entry starts Saturday

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Ottawa | Reuters — Canadian consumers should soon see higher prices and some empty shelves in supermarkets and other retail outlets because of disruptions stemming from a COVID-19 vaccine mandate for cross-border truckers, top trucking executives warned this week. The mandate, imposed by Ottawa to help curb the spread of the virus, has cost six […] Read more

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