Tag Archives commodity prices
Food and beverage sales growth, volume decline predicted for 2026
FCC’s report suggests higher prices, not consumption, will drive growth in total sales
Farm Credit Canada 2026 Food and Beverage report shows predicts rising sales and declining volumes among Canadian food and beverage manufacturers
FCC raises inflation forecast on surging commodity prices
Canadian consumers may have little if any cushion remaining against future economic shocks, ag lender warns
Farm Credit Canada has raised its 2026 forecast for overall inflation as commodity prices spike due to war in the Middle East.
ICE weekly: Canola futures volatile amidst selling, rainy weather
Intercontinental Exchange (ICE) canola futures went on a rollercoaster ride during the week ended June 12. The July contract failed to record consecutive gains or losses during the week, with prices ranging from C$615.40 to C$641.80 per tonne. The November contract, which traded as high as C$662.90 earlier in the week, fell to its lowest […] Read more
Food and beverage sales to fall in 2024; processor margins to improve
Stabilizing or declining input prices working their way through the supply chain, FCC says
Farm Credit Canada is predicting Canadian food and beverage sales will fall slightly this year as consumers manage tight budgets. Gross margins, however, should increase as the effects of falling commodity prices work their way through the supply chain, the farm lender said in an April 9 news release.
FCC predicts drop in farm cash receipts for 2024
Interest rates, inputs costs may come down but farmers urged to sharpen their pencils
FCC's top economist is urging farmers to find any way they can to save money, as the ag lender projects a 4.8 per cent decline in farm cash receipts in 2024 on the heels of lower commodity prices.
World food price index ends 2023 some ten per cent below 2022 levels
Cereal prices, vegetable oils slumped most over the year, FAO says
The Food and Agriculture Organization's (FAO) price index, which tracks the most globally traded food commodities, averaged 118.5 points in December, down 1.5 per cent from November and 10.1 per cent below December 2022 levels.
Commodity prices to remain high in 2024, drop in 2025 – HSBC
Most agricultural products expected to outperform energy, industrial metals amid supply constraints, dry weather
Squeezed supply, improved Chinese demand and the global energy transition will keep commodity prices elevated in 2024, before falling the following year, forecasted British banking group HSBC today.
ICE weekly outlook: Canola likely to keep sliding back
With larger crop, trade likely to be overwhelmed by deliveries, analyst says
There is a rather significant bearish outlook for canola for the rest of December, according to Jerry Klassen of Resilient Commodity Analysis. He said a large part of this was generated by the Statistics Canada production report released on Dec. 4.
Major grocery chains agree to help stabilize prices, feds say
Any moves must not undercut farmgate prices, government warns
Ottawa | Reuters — Canada’s five major grocery chains have agreed to help the government in its bid to stabilize soaring prices, a senior minister said on Monday, following talks to address an issue that is hurting the ruling Liberals. Innovation Minister Francois-Philippe Champagne made the announcement after two hours of what he said were […] Read more
Mintec acquires Agribriefing to expand agrifood data offering
Paris | Reuters — British market intelligence firm Mintec announced on Tuesday the acquisition of Agribriefing in a deal it said would create a leading global provider of data on agricultural and food markets. Financial details were not disclosed. Agribriefing’s businesses include protein price-reporting agency Urner Barry and crop consultancy Strategie Grains, the latter acquired […] Read more