There’s been a lot of attention paid to how Canada’s oil boom has helped make gasoline cheaper. What many people may not realize is that the boom is also driving up the prices they pay for burgers and steaks.
Crude oil goes into a downside breakout after the International Monetary Fund raised concerns about frothy stock markets and weaker economic growth causing a reaction with stimulus moves by Russia and Norway.
Canadian wheat and canola grower Mike Bast spent five years building silos to store 100,000 bushels on his 2,000-acre farm in La Salle, Manitoba. It wasn’t enough. He’s already dumping grain into his neighbor’s bins.