Insights and Stories of Rod Nickel

Oct. 2, 2012 at 4:52 am CDT

A huge recall of Canadian beef because of E. coli contamination is unlikely to slow that country’s beef consumption or its exports, analysts say, largely because the public has become familiar with E. coli. On Friday, the Canadian Food Inspection Agency (CFIA) temporarily shut down privately held XL Foods’ beef-packing […]

By Rod Nickel

Sep. 27, 2012 at 5:04 pm CDT

A disappointing Canadian canola crop is setting up a tug-of-war between domestic crushers and exporters over supplies, with global vegetable oil markets already stretched tight by a drought-damaged U.S. soybean crop. Canadian farmers were expected to shatter the record for canola production and harvest 15.4 million tonnes of the oilseed […]

By Rod Nickel

Sep. 21, 2012 at 3:53 pm CDT

Wheat prices climbed on Friday as Russia’s economy minister raised the possibility of grain export curbs by the world’s third-largest wheat shipper. Soybeans rose late, but posted their biggest weekly loss in a year. Corn edged higher, but ended with its largest weekly loss in more than three months. Russia, […]

By Rod Nickel

Sep. 20, 2012 at 4:23 pm CDT

U.S. soybeans and corn fell on Thursday as the brisk pace of the domestic harvest and global economic worries dampened investor sentiment after drought lifted prices to record highs this summer. The lower prices triggered further selling based on technical indicators, taking soybeans down three per cent to a six-week […]

By Rod Nickel

Sep. 20, 2012 at 2:44 am CDT

Supporters of Western Canada’s now-defunct grain marketing monopoly hope to take their fight against the Canadian government to the country’s highest court. Eight farmers, who were once on the Canadian Wheat Board’s board of directors, said they filed papers on Wednesday to ask the Supreme Court of Canada to hear […]

By Rod Nickel