Insights and Stories on Markets

Mar. 24, 2011 at 4:30 pm CDT

A five-year, $26 million provincial incentive program for renewable diesel production in Saskatchewan will kick in next month, with a mandatory minimum renewable fuel requirement for diesel to follow 15 months later. The program, announced Wednesday as part of Saskatchewan’s 2011-12 provincial budget, will provide a grant of 13 cents […]

Mar. 24, 2011 at 2:47 pm CDT

Lentil prices have been steady to lower across Western Canada for about the last month, thanks to a lack of global demand for Canadian product. Darren Lemieux of Simpson Seeds at Moose Jaw, Sask., said a number of usual buyers are busy producing their own crops, and consequently are not […]

By Brent Harder

Mar. 24, 2011 at 1:28 pm CDT

Ocean freight rates have come up off their two-year lows over the past month but are still relatively soft, which is beneficial for Canadian grain exports as the country is traditionally at a freight disadvantage to some of its competitors. The Baltic Dry Index, which tracks global shipping rates, is […]

By Phil Franz-Warkentin

Mar. 23, 2011 at 12:33 pm CDT

With a World Trade Organization ruling pending, Canada and South Korea may have an agreement in place by next month at the latest to reopen Korean ports to Canadian beef, Korean news agency Yonhap reports. Citing a “government source” who didn’t want to be named, the news agency said Monday […]

Mar. 22, 2011 at 6:18 pm CDT

A tentative agreement with the European Union would see European nations expand market access for Canadian beef, while Canada would drop all related trade sanctions in exchange. The European Commission, the oversight body for EU legislation, said in a release Thursday that the EU and Canada have signed a memorandum […]