Insights and Stories on Inflation

Aug. 8, 2022 at 3:30 pm CDT

Iqaluit | Reuters –– In Canada’s remote North, residents have long paid dearly for food, and rising prices have worsened an already dire situation, exposing the vulnerability of one of the world’s biggest exporters of grains and meat. Communities in Nunavut — the largest of the three territories that make […]

By Rod Nickel

Jul. 13, 2022 at 2:26 pm CDT

MarketsFarm — Shifting weather forecasts may have led to choppy activity in U.S. grain and oilseed markets during the week ended Wednesday, but rising inflation may create even more turbulence going forward, according to an analyst. The U.S. Bureau of Labor Statistics reported on Wednesday that the annual rate of […]

By Adam Peleshaty

Jun. 27, 2022 at 11:33 am CDT

U.S. ag commodities firm Ceres Global Ag’s plans for a canola crush plant in southeastern Saskatchewan are now on indefinite hold. Minneapolis-based Ceres said Friday it’s suspending the crush project it announced in May last year and will terminate a related equipment design and supply contract, so as to reduce […]

By Dave Bedard

Jun. 21, 2022 at 6:50 pm CDT

A request from Canada’s dairy farmer organization for an unscheduled increase in the current farm gate price for milk, to help farmers catch up with steep rises in their costs of production, has been granted. The Canadian Dairy Commission said Tuesday it will recommend that the farm gate price for […]

By Dave Bedard

Jun. 16, 2022 at 7:17 pm CDT

Washington | Reuters — U.S. President Joe Biden on Thursday signed legislation to improve oversight of ocean shipping, which lawmakers say will help curb inflation and ease export backlogs. The bipartisan bill passed the U.S. House of Representatives on a 369-42 vote earlier this week. Biden said he had “promised […]

By David Shepardson