Canada could lose its top red lentil market next crop year, according to a senior Indian government official. Sunil Kumar Singh, additional managing director of the National Agricultural Cooperative Marketing Federation of India (NAFED), is forecasting that the country will be self-sufficient in red lentil production as soon as 2021-22. NAFED is a government organization […] Read more
Author Archives
Concerns ease over pulled licence
Most farmers who delivered grain to Global Grain Canada have it back in their bins, according to the Canadian Grain Commission. The dry bean processing plant in Plum Coulee, Man., that recently lost its CGC licence has returned most of its inventory to eligible farmers who were in possession of primary elevator receipts. “That, in […] Read more
Bumper Aussie canola crop expected
The big harvest is unlikely to cut into Canadian sales because of reduced production in the Black Sea region this year
Canadian canola exporters are going to face stiff competition from Australia but that is not too concerning due to smaller crops in other regions of the world and a brisk Canadian export program, says an analyst. The Australian Oilseeds Federation is forecasting 3.34 million tonnes of production, which is about one million tonnes more than […] Read more
China imports wheat as domestic prices rise
General market conditions, WTO rulings and a trade agreement with the U.S. are said to be behind the higher purchases
China is buying more wheat than it has in 25 years, according to the U.S. Department of Agriculture. The USDA forecasts the Asian giant will import eight million tonnes of wheat in 2020-21, making it the world’s third-largest buyer behind Egypt and Indonesia. This year’s imports will be double the previous five-year average of four […] Read more
Size of this year’s mustard crop remains up in the air
One analyst argues that Statistics Canada has underestimated production, while another believes supplies are tight
Analysts and the trade disagree about the size of this year’s mustard crop. Chuck Penner, an analyst with LeftField Commodity Research, recently told Real Agriculture that he doesn’t put much faith in Statistics Canada’s estimate of 103,000 tonnes of production. That is 24 percent smaller than last year’s crop and 41 percent below the 2018-19 […] Read more
Grain code of practice expected by spring
Canadian farmers will soon have a new voluntary code of practice to follow that will help assure customers around the world that the crops they are consuming were produced in a sustainable manner. The Responsible Grain Code is an initiative of the Canadian Roundtable for Sustainable Crop headed by Ted Menzies, a former secretary of […] Read more
Concerns ease over pulled licence
Most farmers who delivered grain to Global Grain Canada have it back in their bins, according to the Canadian Grain Commission. The dry bean processing plant in Plum Coulee, Man., that recently lost its CGC licence has returned most of its inventory to eligible farmers who were in possession of primary elevator receipts. “That, in […] Read more
Crop quality looks great
There is a big story in Canada’s grain sector that nobody is talking about this year, says MarketsFarm analyst Bruce Burnett. “This may go down on record as one of the best quality crops that we’ve seen in western Canadian history,” he said during a recent Farm Forum Event presentation. It is the opposite scenario […] Read more
Fertilizer sector welcomes new rules
Canada has modernized its fertilizer regulations and that should smooth the way for more innovative new products, says an industry official. “It’s going to streamline the registration process and registrations are going to last longer,” said Clyde Graham, executive vice-president of Fertilizer Canada. Regulations Amending the Fertilizers Regulations were published in the Canada Gazette Part […] Read more
Mosaic expects phosphate prices to rise due to demand
Nutrien takes gloomier view, saying long-term price outlook is challenging because of oversupply from low-cost regions
One of the largest manufacturers and retailers of nitrogen fertilizer products says an anticipated price rebound has been delayed. “We believe there was little growth in global demand this year due to the macroeconomic impacts of COVID-19,” Nutrien president Chuck Magro told investment analysts during a recent conference call announcing the company’s third quarter 2020 […] Read more
