Pending environmental regulations in the shipping industry will drive up diesel prices and ocean freight rates, says an analyst and a shipping industry official. The United Nations’ International Maritime Organization is instituting a cap that will limit marine fuel sulfur emissions to 0.5 percent starting in 2020, down from 3.5 percent currently. To meet the […] Read more
The post Diesel prices could soar appeared first on The Western Producer.
BRASÍLIA, Brazil (Reuters) — A Brazilian court overturned an injunction Sept. 3 that banned products containing glyphosate. The decision knocked down a previous ruling that had been set to disrupt the soybean planting season set to begin this month. A Brazilian judge ruled last month to halt the registration of new glyphosate-based products in the country and […] Read more
The post Brazil court overturns earlier ban on glyphosate appeared first on The Western Producer.
Canadian canola ending stocks as of July 31, came in at about a million tonnes above the previous year’s carryout, but were still well within trade expectations. Canola supplies as of July 31 were estimated at 2.391 million tonnes by Statistics Canada, with 954,000 tonnes of that in commercial hands and 1.437 million tonnes on-farm. […] Read more
The post Large canola ending stocks expected appeared first on The Western Producer.
The Western Grain Elevator Association wants assurances that any government incentives used to upgrade the rail line to Churchill, Man., and the port there are not used to support competing businesses. Executive director Wade Sobkowich said the organization’s members are concerned that their competitors could get a leg up if improper federal subsidies are provided. […] Read more
The post Alarm sounded over Churchill deal appeared first on The Western Producer.
Oats is the crop that received the first U.S. health claim approval. It’s commonly seen as a miracle food that combines whole-grain, high fibre and heart-healthy characteristics. It forms the basis of many of the healthiest breakfast foods available, including oatmeal, Cheerios and granola bars. But recently it’s been hit by multiple claims that glyphosate […] Read more
The post Glyphosate residues threaten oats appeared first on The Western Producer.
Environment Canada is scheduled to release details of its proposed clean fuel standard this week. It is holding meetings with stakeholders in Ottawa, where it will disclose particulars, such as what share of the 30 million tonne reduction in carbon emissions by 2030 will be allocated to each fuel stream. “That’s something that people have […] Read more
The post Biofuel sector hopes for big role in clean fuel strategy appeared first on The Western Producer.
Soybean prices could rally as much as $1.50 per bushel once China and the United States sort out their trade spat, but the rally will be short-lived, says an analyst. Soybean prices are mired near 10-year lows despite record U.S. summer crush and export programs because China has stopped buying U.S. product as a tariff […] Read more
The post Hog disease may spoil soybean party appeared first on The Western Producer.
Saskatchewan farmers are expected to turn in a smaller pulse harvest this fall, although chickpea production is bucking the overall downward trend. Chickpeas are the only Saskatchewan pulse crop to post a production increase in Statistics Canada’s latest estimate of 2018 production. The estimates show Saskatchewan growers are expected to harvest about 221,000 tonnes of […] Read more
The post More chickpeas expected as crop bucks trend appeared first on The Western Producer.
Canadian hog producers suffered this summer through no fault of their own and are asking the federal government for financial assistance. Hog futures and cash prices fell much more than the normal seasonal retracement following the usual spring rally. The main reason for the decline was the trade war the United States is fighting against […] Read more
The post Canadian pork is collateral damage in trade battles appeared first on The Western Producer.
Do you remember where you were 10 years ago when we fell into a worldwide financial crisis? (It still doesn’t have a generally accepted name, with the Great Contraction, the Financial Crisis and the Great Recession being most commonly used.) What did it mean to you and your farm? What lessons have you drawn from […] Read more
The post Remembering the lessons from the 2008 financial crisis appeared first on The Western Producer.
Acres of Expertise.