By John DePutter & Dave Milne – March 17, 2020
The News:
“The Bank of Canada made a surprise interest rate cut on Friday, trimming its key overnight lending rate by another half point.”
Syngenta Market News, March 16, 2020
Tagged: interest rates
The News & What it Means – Higher Interest Rates and a Stronger Loonie & Harvest Pressure Ahead for Corn
By John DePutter & Dave Milne – October 11, 2017
The news:
“The International Monetary Fund has raised its estimate for Canada’s economic growth rate for this year and 2018, putting it at or near the top of the heap among advanced economies.”
– Financial Post, Oct. 10, 2017
The News & What it Means – Little Growth in the Canadian Cattle Herd & What the CPI is Telling Us
By John DePutter & Dave Milne – August 22, 2017
The news:
“On July 1, Canadian farmers had 13.0 million cattle on their farms, up 0.1% from July 1, 2016. Inventories were 23.3% below their peak level recorded in July 2005.”
The News & What it Means – Farmland Values Increasing at a Slower Rate & Canadian Dollar Expected to Weaken
By John DePutter & Dave Milne – April 11, 2017
The news:
Canada’s farmland values showed an average increase of 7.9 % in 2016, compared to a 10.1% increase in 2015 and a 14.3 % increase in 2014.
– Farm Credit Canada farmland values report, April 7
The News & What it Means – Canadian Interest Rates Hold Steady & US Midwest Dryness Increasing
By John DePutter and Dave Milne – March 6, 2017
The news: No change for Canada’s Bank Rate
Citing continued uncertainty and concern over the state of the domestic economy, last week the Bank of Canada maintained its overnight rate at 0.5%, where it has been since summer, 2015.
“While there have been recent gains in employment, subdued growth in wages and hours worked continue to reflect persistent economic slack in Canada, in contrast to the US,” the Bank said.
—From multi-media sources.