Markets
The red meat trade between Canada and the European Union was tilted significantly in favour of Europe in 2021, based on Agriculture Canada data for the first 10 months of the year. From January to October, European companies shipped $257 million worth of pork and beef to Canada. Most of that was pork, at $179 […] Read more
Markets
Canola industry still confident it can meet 2025 targets
Despite the dreadful results of the past few years, Canada’s canola industry believes it can still hit its audacious 2025 targets. “We have confidence that the canola production target is still attainable,” Chris Vervaet, executive director of the Canadian Oilseed Processors Association, told the recent Fields on Wheels conference. However, hitting those targets is going […] Read more
Chinese corn production may be on its way back up again
China’s corn production seems to be back on track after a five-year hiatus, but one analyst isn’t expecting a return to bloated government stockpiles of the crop. The country produced 273 million tonnes of corn in 2021, according to recently released official Chinese government estimates. That is a 12 percent increase over the previous year’s […] Read more
Canada posts biggest trade surplus for 13 years, exports offset flood impact
OTTAWA, Jan 6 (Reuters) – Canada posted a trade surplus of $3.13 billion in November, the largest in over 13 years, with record exports offsetting the impact of floods in British Columbia, Statistics Canada said on Thursday. Analysts polled by Reuters had forecast a November surplus of $2.03 billion. Exports and imports hit all-time highs […] Read more
Nutrien names interim CEO as top boss Schmidt steps down
Jan 4 (Reuters) – Canadian fertilizer maker Nutrien Ltd on Tuesday named Ken Seitz, the head of its potash unit, as its interim chief executive after top boss Mayo Schmidt stepped down after just eight months in the role. U.S.-listed shares of the world’s largest potash producer were down as much as 1.8 percent at […] Read more
Farm innovation funding hinges on carbon question
Climate change, once an afterthought for most farmers, has become top of mind for the federal government, adding a new focus for farmers hoping to be part of the continuing evolution of Canada’s agricultural economy. Proving that Canadian farmers are contributing to Canada’s climate change goals will be important in the next Agricultural Policy Framework […] Read more
Prairie price drop?
A decline in farmland values could be lurking around the corner for the first time in decades, say a couple of experts. “We do have potential for a correction,” said Ted Cawkwell, owner of Cawkwell Group, a Saskatchewan realtor. The last time farmland values dropped in that province was 2001. For Alberta and Manitoba, the […] Read more
Effective farm data management becoming essential to success
New platform links farmers with a network of experts for support with agronomy, markets and mental health
One of the best ways farmers can prepare their business for whatever the future might bring is to ensure the information they base their decisions upon is reliable and timely. The variables growers must monitor to maximize their farm’s profitability are vast and complicated, and there are new sources of agricultural information popping up like […] Read more
Tipping the scales with technology
Scales, and the practice of weighing, have been around since the first humans placed stones on the plates of the earliest recorded overhead beam balancers. While the act of weighing objects persists, the validity of the physical variations of the scale must at some point be improved upon, said Sergio Monge, global sales manager for […] Read more
White-hot canaryseed market takes a break
The canaryseed market is in a standoff as international customers stop buying and Canadian farmers are no longer selling. The market started rallying in the summer and reached a record of 55 cents per pound by early fall. It has since cooled to around 50 cents. “It has been a very wild market, to say […] Read more
