SASKATOON — The world will be awash in soybeans in 2024-25, and that could be an anchor on canola prices, say analysts. The International Grains Council is forecasting 75.4 million tonnes of global soybean carryout, excluding China. Related stories: That would be 13 per cent more than last year and 31 per cent above the […] Read more
News
Global soybean glut could pressure canola prices
The current estimate calls for a 13 per cent increase from last year, but how that affects canola prices remains to be seen
Agribition posts profit, strong attendance
REGINA — Canadian Western Agribition posted a profit of $75,000 last year, said chief executive officer Shaun Kindopp. The annual Regina show held its annual general meeting last week. “I think we’ve got the right momentum heading into 2024 and we’re excited that it’s 221 days away,” he said April 17. Last year featured several […] Read more
China’s Belt & Road initiative hits speed bump
SASKATOON — China’s Belt & Road Initiative is falling short of expectations, according to a new report. The country embarked on the initiative in 2013, vowing to revitalize the ancient Silk Road and enhance trade with Europe, Asia and Africa. Related stories: At the time, Canadian grain analysts flagged the BRI as a big threat […] Read more
U.S. plans to fix export reporting
CHICAGO, Ill. (Reuters) — The U.S. Department of Agriculture expects to roll out an upgraded system for its weekly export sales reporting program in late 2025. Exporters are required by law to report sales of U.S. agricultural commodities to the USDA’s Foreign Agricultural Service (FAS), which reports weekly export sales each Thursday. The reports are […] Read more
Bunge-Viterra merger concerns may force asset sales
WINNIPEG (Reuters) — Canada’s competition concerns about Bunge’s planned takeover of Viterra sets the stage for the companies to sell some assets to close the deal, experts say. Bunge chief executive officer Greg Heckman said remedies may be unnecessary. The Competition Bureau said earlier this week that it was worried about reduced competition to buy […] Read more
Report calls for consistent standard for agri-food climate reporting
Deloitte Canada says a unified, open-source framework needed to ensure consumer trust
Glacier FarmMedia – Canada needs a simple, consistent and easy-to-use system to build on its green agriculture reputation, says a recent report from accounting firm Deloitte Canada. They noted that an “overabundance” of sustainability claims and the growth of “greenwashing” makes a credible, consistent standard even more important to ensure consumer trust. Deloitte worked with […] Read more
U.S. enacts new bird flu rules
New movement requirements set to come into effect April 29.
Dairy producers in the U.S. face will face new requirements to move animals across state lines starting next week. The new rules, coming into effect April 29, were announced along with new reporting requirements as the country tries to curb spread of highly pathogenic avian influenza (HPAI) between dairies. The federal ag department’s Animal and […] Read more
EU aims to sell more food to China
SHANGHAI, China (Reuters) — On a visit to China this week, European Union Agriculture Commissioner Janusz Wojciechowski said his focus will be on increasing agri-food exports to the world’s second largest economy and keeping food above the fray of rising tensions in China-EU trade. “In the food trade, there are no barriers for Chinese imports,” […] Read more
Report examines farming women’s safety needs
Glacier FarmMedia – Farming women may need more support and programing to address their specific safety needs according to a recent study. For instance, more than two thirds of Canadian women who farm struggle to find safety apparel and personal protective equipment that fits them, said the Canadian Agricultural Safety Association in a recent report. […] Read more
Canadian Grain Commission appoints new chief
Glacier FarmMedia – Longtime Manitoba civil servant David Hunt has been appointed Chief Commissioner of the Canadian Grain Commission the federal government announced today. “I have no doubt that Mr. Hunt’s leadership experience and commitment to a competitive, innovative, and resilient agriculture sector will ensure Canada continues to be recognized as a leading producer, processor, […] Read more
