Sales of $9.01 billion in 2023 were one per cent lower than levels a year earlier as industry recovers from pandemic
SASKATOON — The explosive growth in organic sales appears to have come to an end, at least temporarily. Canada’s sales are estimated at $9.01 billion in 2023, a one per cent decline from 2022 levels, according to a new report by the Canada Organic Trade Association (COTA). Related stories: • Organic sector launches national action […] Read more
Sean Pratt
Stories by Sean Pratt
Canada moves to end disputes at ports of Vancouver and Montreal
UPDATED: November 12, 2024 – 1250 CST – includes comments from Pulse Canada and the Canadian Specials Crops Trade Association. OTTAWA, (Reuters) – Canadian Labour Minister Steven MacKinnon said on Tuesday he had directed the country’s labor relations board to order an end to disputes at the ports of Vancouver and Montreal, citing the economic […] Read more
Inflation plays role as Canadian organic sales slow down
Sales of $9.01 billion in 2023 were one per cent lower than levels a year earlier as industry recovers from pandemic By Sean Pratt SASKATOON — The explosive growth in organic sales appears to have come to an end, at least temporarily. Canada’s sales are estimated at $9.01 billion in 2023, a one per cent […] Read more
‘Wheat OPEC’ idea faces uphill battle
Analysts say proposed BRICS grain exchange is doomed to fail, comparing it to similar initiatives attempted in the past
SASKATOON — A BRICS grain exchange won’t work, say analysts. Russia’s proposal to create a new international grain exchange was recently approved by the BRICS group of countries at a summit in Russia. BRICS is an intergovernmental organization comprising Brazil, Russia, India, China, South Africa, Iran, Egypt, Ethiopia and the United Arab Emirates. It includes […] Read more
Australia’s red lentils run into trouble amid dry conditions
The country farmers have produced large harvests over the last two years and are Canada’s main competitors for the crop
SASKATOON — Canada’s top competitor in the red lentil export market is experiencing problems. AgPulse Analytica is reporting that the crop is in trouble in two key states of Australia — South Australia and Victoria. Primary Industries and Regions South Australia (PIRSA) estimates farmers in that state will harvest 428,000 tonnes of the crop. That […] Read more
China significantly reduces its wheat purchases
Canada is expected to easily replace the lost sales because of problems with the crop in Russia, Europe and Australia
SASKATOON — China’s grain imports plunged in September. Wheat imports were down 57 per cent year on year, while corn purchases plunged 81 per cent. It is the second straight month of poor sales volumes for the world’s largest wheat and corn importer. The U.S. Department of Agriculture has penciled in 12 million tonnes of […] Read more
Chinese trade tensions worry U.S. agriculture
Farmers worry about recent political tensions that have been growing between the two countries and hampering trade
SASKATOON — There is plenty of handwringing in the U.S. agriculture sector about its tenuous trade relationship with China. That was the theme of a recent webinar hosted by the Council on Food, Agricultural and Resource Economics. Holly Wang, agricultural economist at Michigan State University, said China has been the largest market for U.S. agriculture […] Read more
Canola exports take off as prices remain competitive
Analysts now expect nine million tonnes of exports, well above Agriculture Canada’s estimate of 7.5 million tonnes SASKATOON — Canada’s smoking hot canola export program has analysts flipping their pencils over to use their erasers. Mercantile Consulting Venture bumped up its export estimate on its 2024-25 supply/demand balance sheet published in a recent edition of […] Read more
Vegetable oil prices expected to climb
Demand increased by 5.9 million tonnes in the crop year that just ended, while supply could rise by 1.6 million tonnes By Sean PrattSASKATOON — Vegetable oil prices will continue to climb during the crop year, according to an industry analyst. “Oilseed consumers and producers will have to prepare for higher prices in (the) 2024-25 […] Read more
China significantly reduces its wheat purchases
Canada is expected to easily replace the lost sales because of problems with the crop in Russia, Europe and Australia
SASKATOON — China’s grain imports plunged in September. Wheat imports were down 57 per cent year on year, while corn purchases plunged 81 per cent. Related stories: U.S. Grain/Oilseed Review: Corn moves upward, soybeans, wheat down New trade war would slash U.S. exports: report It is the second straight month of poor sales volumes for […] Read more
