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CFFO Blog's Blog – December 2010 Archive (4)

The CFFO Commentary: Christmas and the Difference it makes for Farming

By John Clement

December 24, 2010



I'm not by nature a person devoted to creeds and confessions, but every once in awhile something will strike me as particularly meaningful in one of those documents. At this Christmas season, some of the words found in the beginning of the Heidelberg Catechism strike me as appropriate. The question is asked "what is your only comfort in life and death?"… Continue

Added by CFFO Blog on December 24, 2010 at 6:34am — No Comments

The CFFO Commentary:Farm Policy Increasingly Needs to Pay Heed to the “Missing Middle”

By John Clement

The challenges of farm policy used to be simpler. Most farms in most commodities were about the same size and generated somewhat comparable farm revenues. But those days have been leaving us for awhile now, with new challenges emerging about how to deliver public support that is both fair and appropriate to changes in the scale of production. 

 Increasingly, farming and public interest groups are noting that we are starting to experience what could be called the…

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Added by CFFO Blog on December 17, 2010 at 7:00am — No Comments

The CFFO Commentary: Farmers Matter and Need to Build Goodwill with Consumers

By Henry Stevens

There is general agreement in the farm community that a number of our commodities are in serious financial difficulty and face an uncertain future. There is also general agreement on why family farms in those sectors are facing such difficulties. Where there is less agreement is “how do we solve those problems and…

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Added by CFFO Blog on December 10, 2010 at 6:13am — No Comments

The CFFO Commentary: New Agricultural Opportunities in Bio-Products

By Nathan Stevens

There are some industry leaders that would argue that one of the greatest opportunities for farmers in the next 20 years will be the development of the bio-products sector. At a recent information session held by the Wellington…

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Added by CFFO Blog on December 3, 2010 at 4:45am — No Comments

Agriculture Headlines from Farms.com Canada East News - click on title for full story

Pulse Market Insight #300

Indian Monsoon Outcome Key for Pulse Outlooks We think it’s important to not react too quickly to weather events, and particularly forecasts. For example, the crop outlook in western Canada has already made a number of sharp U-turns, and it’s only mid-June. As we get further into the growing season, outcomes will become more certain and the outlook will become clearer. Even though we don’t want to bet too much on weather forecasts, there is a potential situation in India that certainly bears watching. Recently, the Indian Meteorology Department lowered its rain forecast for the southwest monsoon season to 90% of the long-term average, based on the potential for a large El Niño event. This was the lowest IMD monsoon forecast in at least 20 years. The actual monsoon performance doesn’t always line up with the IMD forecast, but the accuracy of its forecasts seems to be better in recent years. While there’s plenty of uncertainty in the forecast, it’s worth noting that back in 2014/15 an

Chicago Close: Lower Ahead of U.S. Juneteenth Holiday

Corn, wheat and soybean futures all finished lower on Thursday as traders adjusted positions ahead of the long U.S. holiday weekend. Chicago markets will be closed Friday for the Juneteenth federal holiday. Corn futures weakened despite generally supportive export news. The USDA confirmed private sales of 285,775 tonnes of corn to Mexico for delivery during the 2026/27 marketing year. Meanwhile, today’s weekly USDA export sales report showed about 1.16 million tonnes of old-crop corn and 519,035 tonnes of new-crop supplies. Old-crop sales were within trade expectations, while new-crop bookings fell short of the upper end of forecasts. July corn lost 3 ½ cents to $4.17 ½, and December dropped 4 ¾ cents to $4.44. A stronger U.S. dollar added pressure across the grain complex after the Federal Reserve’s policy meeting on Wednesday reinforced expectations for higher interest rates. A rising dollar makes U.S. agricultural commodities more expensive for overseas customers. Wheat futu

Saskatchewan Crop Conditions Slip but Still Strong

Saskatchewan crop conditions generally weakened through the first half of June but remain strong overall. Thursday’s crop report pegged the Saskatchewan canola crop at 76% good to excellent as of Monday, down 13 points from the province’s initial 2026 rating of 89% on June 1. Spring wheat was rated 82% good to excellent as of Monday, down from 90% on June 1. Durum slipped just 1 point to 89%, while winter wheat fell 6 points to 79%. Conditions also deteriorated for most feed grains. Oats declined 8 points to 80% good to excellent, and barley dropped 6 points to 83%. Among pulse and specialty crops, peas fell 6 points to 85% good to excellent, while chickpeas declined 3 points to 93%. Mustard dropped 4 points to 88%, and soybeans were down 6 points to 70%. Flax was unchanged at 87%, and lentils were down 9 points at 86%. Canaryseed was one of the few crops to improve, edging up 1 point to 88% good to excellent. Saskatchewan seeding advanced slowly over the past week, hitting

Fertilizer Canada supports Mercosur trade deal

Canadian policy must enhance potash competitiveness, the group said

Canadians pay $224 per year for supply management, a new report says

A think tank compared product prices in Canada with those in the U.S.

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