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Tag Archives crude oil

(Scott Bauer photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Soy firms modestly on export demand

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Chicago | Reuters — U.S. soybeans firmed on Thursday on signs of resurgent export demand but corn drifted lower in subdued trade as the market awaited key monthly reports due Friday from the U.S. Department of Agriculture. Wheat fell despite better-than-expected weekly export sales data. At the Chicago Board of Trade, November soybeans settled up […] Read more
The Diefenbaker Bridge over the North Saskatchewan River in Prince Albert, Sask. Photo: Carolyn Carleton / Wikimedia Commons
Livestock, Reuters

Husky oil spill hits Prince Albert water supply; farmers also scrambling for alternative sources for livestock

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Reuters – An oil leak from a Husky Energy Inc pipeline into a major Canadian river has forced a second city in the province of Saskatchewan to stop drawing drinking water, officials said on Monday, widening the impact and cost of the spill. The heavy oil and diluent leaked from Husky’s Saskatchewan Gathering System pipeline on […] Read more
(Dave Bedard photo)
Crops, Machinery, Markets

Diesel prices seen staying lower

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CNS Canada –– Diesel prices in Canada are expected to stay relatively cheap this spring despite some recent strength in the crude oil market. In a normal cycle, diesel prices would usually be on the move right now, but they have been mired at their current level for the last few months, according to Tom […] Read more
(Dave Bedard photo)
Crops, Machinery, Markets

Crude’s slide hampers demand for Canadian biofuel

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CNS Canada — The trickle-down effect of slumping crude oil prices is being felt in the Canadian biofuel market and softening demand for corn and soybeans. Traditionally, ethanol is cheaper than gasoline, which encouraged processors to blend more than the mandated amount, according to Andrea Kent, president of the Canadian Renewable Fuels Association (CRFA). “When […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Equities spike drives CME live cattle limit-up

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Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures climbed to their three cents/lb. daily price limit on Thursday following a turnaround in crude oil prices that helped pare recent deep U.S. stock market losses. February and April live cattle closed at 130.25 and 131.175 cents, respectively. Live cattle’s trading limit will be expanded […] Read more
(Dave Bedard photo)
Crops, Machinery, Markets

Diesel prices remain high across Prairies

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CNS Canada — While the price of crude oil continues to decline across North American markets, diesel remains stubbornly high in Western Canada. Prices are equal to gasoline, or in some cases, exceeding them by as much as 10 cents in some Saskatchewan and Manitoba locations. “Diesel production in the West has been crimped by […] Read more
(Dave Bedard photo)
Crops, Machinery, Markets

Diesel prices seen softening soon

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CNS Canada — Canadian diesel prices should go down between now and the end of the summer, according to a fuel expert. Since early May, the price of diesel across the Prairies has largely been in and around the 94-98 cents per litre range. Tom Kloza of the Oil Price Information Service reported prices on […] Read more

Canadian Cattlemen Presents: Depth of Field

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AGCanadaTV: In case you missed it; your national ag news recap for July 18, 2025

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