Markets
SASKATOON — Traders agree that Russia’s pea exports will be down this year, but they differ widely on the magnitude of the drop. Tareq Awad, a trader with Fruitimpex, is forecasting another good crop exceeding four million tonnes of production. Related stories: He told delegates attending a recent Global Pulses Confederation webinar that he anticipates […] Read more
Markets
Russia expected to ship fewer peas
The export situation will mainly depend on how the country's crop fares this year, which has been hurting in the south
New sclerotinia tool now available
Glacier FarmMedia – Xarvio, BASF’s digital farming arm, has added a sclerotinia risk advisor tool to its Field Manager platform. It is based on a model created by xarvio agronomists and was tested through field trials conducted by BASF throughout the Prairies. “Sclerotinia stem rot is one of the most prolific and devastating diseases impacting […] Read more
Indian researchers look for more resilient wheat
Scientists work to develop and distribute a broad range of varieties that they hope will climate proof food production
RAMBA, India — When all else fails, Satveer Singh knows his family will manage if they have a sack of wheat flour in the kitchen to make rotis. Served hot and stuffed with sliced raw onion, the simple meal of Indian flatbreads keeps hunger at bay. For now, the family can just about cover their […] Read more
Brazil expected to be bigger meat competitor
Country’s cost of production is the lowest in the world for a number of commodities, making it increasingly competitive
The U.S. cow herd is at 30-year lows, but Americans are still in love with burgers, so imports from outside North America will be a fact of life, analysts said at the World Pork Expo. That means Brazilian beef will likely reach into the U.S. burger supply chain. “How much of that grinding beef can […] Read more
Cereals Canada must turn its attention to governance
For summer holiday reading, I’m recommending my wife read Brian Hayward’s The Great Chair. It’s a book about proper and effective board governance, written by Hayward, the former longtime Agricore United chief executive officer and chair of a number of non-agricultural companies. My wife is the kind of person who ends up on a lot […] Read more
Global crops mainly prosper, remaining problems modest
Crops in much of Canada and the United States are doing a lot better than last year, thanks to improved moisture through the spring. And nearly all of the Canadian Prairies and American Midwest were expected to get even more rain June 28-July 3. That system might have delivered excessive amounts in some areas. While […] Read more
Canfax report
This cattle market information is selected from the weekly report from Canfax, a division of the Canadian Cattle Association. More market information, analysis and statistics are available by becoming a Canfax subscriber by calling 403-275-5110 or at www.canfax.ca. Fed trade softens Alberta fed steers and heifers have traded softer for three consecutive weeks. Last week, […] Read more
WP livestock report
Hogs The U.S. national live price average for barrows and gilts on June 28 was $67.64. It was not available June 21. U.S. hogs averaged $89.17 on a carcass basis June 28, down from $86.04 June 21. The U.S. pork cutout was $97.89 per hundredweight June 28, down from $99.03 June 21. The estimated U.S. […] Read more
Fewer Russian, Ukrainian wheat exports could hike prices
The two countries are expected to export 59.71 million tonnes this year, down from 70.4 million tonnes in 2023-24
SASKATOON — The Black Sea region will be far less of a competitive threat in wheat markets in 2024-25, according to an agricultural markets research firm specializing in that region of the world. SovEcon is forecasting Russia will export 46.1 million tonnes of the crop, down from 52.2 million tonnes in 2023-24. Ukraine’s shipments are […] Read more
Wheat sector sees upside to clean fuel program
While American wheat growers say similar regulations threaten their crop, the Canadian industry is more optimistic
SASKATOON — Most of the talk about Canada’s new Clean Fuel Regulations has been about the opportunity it represents for canola, but there is another crop that could benefit. “There is potential for there to be a bump in demand for wheat driven by these regulatory policies,” said Shannon Sereda, director of government relations, policy […] Read more
