commodity prices Archives - Page 2 of 3

Farmland appreciation continues through pandemic year

FCC report puts Canada's average land value increase at 5.4 per cent

By Dave Bedard, GFM Network News March 15, 2021

Economic churn across Canada from the global COVID-19 pandemic didn’t faze the country’s real estate market — nor its farmland market in particular — in 2020, according to the latest review from the federal farm lending agency. Farm Credit Canada on Monday released its 2020 Farmland Values report, showing an average increase of 5.4 per […] Read more

Bayer’s cross symbol hangs in a terminal at Frankfurt International Airport. (Typhoonski/iStock Editorial/Getty Images)

Crops, Reuters

Bayer plans more cost cuts, impairment charges

Pandemic now expected to hit crop science wing

By Reuters, GFM Network News September 30, 2020

Berlin | Reuters — German drugs and chemical company Bayer announced plans on Wednesday for more than 1.5 billion euros (C$2.34 billion) of cost cuts as of 2024 and said it would take impairment charges on its agricultural business as it battles with low commodity prices. Bayer said that the impact of the coronavirus on […] Read more

Neil Townsend (left) of FarmLink and Jason Newton of Nutrien discuss farm consolidation at the Grain World conference in Saskatoon on Nov. 28, 2019. (MarketsFarm photo by Glen Hallick)

Crops

Grain World: Farm consolidation key to increasing yields

By Glen Hallick December 4, 2019

Saskatoon | MarketsFarm — Consolidating farms — going from numerous small operations to fewer, but much larger, farms — is central to improving crop yields, according to grain industry observers Neil Townsend and Jason Newton. Townsend is the chief market analyst for FarmLink Marketing Solutions, while Newton is the chief economist and head of marketing […] Read more

Crops, Machinery, Markets, Weather

China, drought, debt shake Canadian farm finances

By Kelsey Johnson, Rod Nickel June 19, 2019

Winnipeg/Ottawa | Reuters — For years, the financial stability of Canadian farmers was the envy of their U.S. counterparts, but rising costs, drought and a dispute with China have weakened their bottom lines. Net incomes plunged last year, and that setback was followed in March by China’s halting purchases of canola, Canada’s biggest crop. Now […] Read more

Crops, Machinery, Markets, Reuters, Weather

Climate change has U.S. fund managers adjusting agriculture investments

By David Randall, GFM Network News May 3, 2019

New York | Reuters — After historic floods devastated Midwestern agricultural states this spring, some fund managers are evaluating how climate change will affect the long-term value of companies that make or sell products ranging from tractors to fertilizer. The issue is not simply the unpredictability of weather. Instead, fund managers say, they are struggling […] Read more

Crops, Markets, Reuters

No fresh aid package for U.S. farmers planned for now, Perdue says

By Reuters April 30, 2019

Washington | Reuters — The Trump administration does not have any active plans to provide more aid to farmers at the moment but can consider the option if the trade negotiations and weak commodity prices linger, U.S. Secretary of Agriculture Sonny Perdue said on Tuesday. “We have been very clear to the agriculture community that […] Read more

Crops, Markets, Reuters

Cargill profit jumps on meat demand, big U.S. crops

By Karl Plume January 10, 2017

Reuters — Global commodities trader Cargill on Tuesday reported a sharply higher adjusted quarterly profit led by strong results from its beef and turkey businesses and robust demand for North American grain and oilseed crops. The privately held company said adjusted operating earnings jumped nearly 80 per cent in the second quarter ended Nov. 30 […] Read more

Crops, Machinery, Markets

Ocean freight rate index at historic low, again

By Phil Franz-Warkentin December 17, 2015

CNS Canada –– The Baltic Dry Index, which gauges the price of moving grain and other goods by sea, is down to new historical lows, less than a month after setting the former floor. The BDI, compiled daily by the London-based Baltic Exchange, was quoted at 471 points on Wednesday after falling below 500 points […] Read more

Crops, Markets

Loonie’s boost for commodity prices likely limited in 2016

By Jade Markus December 15, 2015

CNS Canada — The Canadian dollar has been steadily depreciating through 2015, sinking to an 11-year low relative to its U.S. counterpart as the end of the year creeps closer. Even if the loonie stays weak in 2016, however, two analysts expect the upside potential it brings to agricultural commodity markets has mostly run out. […] Read more

Crops, Markets

Crop prices to stay under pressure

By Dave Sims November 4, 2015

Commodity News Service Canada – North American farmers hoping for weak commodity prices to right themselves could be waiting for quite a while, according to one of the speakers at the Cereals North America conference going in Winnipeg this week. Dan Basse, president of AgResource, said currency issues are making life very profitable for farmers […] Read more

Daily Network News

Southern California honeybees show resistance to varroa mites

Pulse Weekly: SaskPulse optimistic despite input, crop price concerns

Canadian aquaculture should be classed as agriculture, industry groups say

Tag Archives commodity prices

Farmland appreciation continues through pandemic year

Bayer plans more cost cuts, impairment charges

Grain World: Farm consolidation key to increasing yields

China, drought, debt shake Canadian farm finances

Climate change has U.S. fund managers adjusting agriculture investments

No fresh aid package for U.S. farmers planned for now, Perdue says

Cargill profit jumps on meat demand, big U.S. crops

Ocean freight rate index at historic low, again

Loonie’s boost for commodity prices likely limited in 2016

Crop prices to stay under pressure

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