Grain commission says what farm groups have been requesting this winter would require a change in legislation
Saskatchewan crop associations picked a good time to pass a resolution calling on the federal government to improve its weekly reporting of grain exports. “What’s being requested in general would require some act changes because it’s not part of our mandate,” said Canadian Grain Commission spokesperson Remi Gosselin. Fortunately, Agriculture Canada recently announced it was […] Read moreTag Archives exports
Farmers demand revamp of export reporting
Saskatchewan farmers want more transparent and timely reporting of crop exports. A resolution made the rounds last week at the annual general meetings of a number of commodity groups calling on the commissions to lobby for the establishment of a weekly sales report, similar to what is produced by the U.S. Department of Agriculture. “Markets […] Read more
Alta. to increase international trade staff
As a way of fighting back against “tough times for Alberta,” Premier Jason Kenney plans to help the province’s farmers by aggressively boosting agricultural exports in markets around the world. “Our agriculture sector is a powerhouse for our economy and there’s tremendous opportunity for the sector to be a big contributor to Alberta’s recovery from […] Read more
Exports worth $600 per head
Canadian beef exports add at least $600 per head in value, compared to the domestic market, and numbers show that trade is accelerating. Deals like the Comprehensive and Progressive Agreement for Trans-Pacific Partnership push down tariffs and open doors to high value markets like Japan. “There has been triple the volume of beef that has […] Read more
Exports continue to drive beef markets
Canada set a record in export sales in 2017 at more than $2.4 billion in value, even though the country’s herd is shrinking
LONDON, Ont. — The beef sectors in Canada and the United States rely heavily on exports. Record amounts of beef are being exported for more money, which props up domestic prices. Canada set a record in export sales in 2017 at more than $2.4 billion in value, although the volume is not a record, said […] Read more
Pulse exports down, grain and oilseeds up
Canadian Grain Commission releases figures on agricultural exports for first half of 2017-18 crop year
The Canadian Grain Commission has released figures that shed new light on the pace of Canada’s agricultural exports in the first half of the 2017-18 crop year. Not surprisingly, the figures show a drastic reduction in exports of Canadian field peas and lentils. However, the pace of wheat and canola shipments — Western Canada’s two […] Read more
India pea duty slashes prices
Yellow pea prices have plunged in the wake of a dramatic policy change in India. The Indian government imposed a 50 percent import duty on peas last week without any prior warning of its intentions. Companies that are still bidding on peas have dropped their price to about $6 per bushel, down from $8 the […] Read more
Russia determined to boost grain export capacity by 50 percent
MOSCOW — Russia, which has shattered wheat harvest records three years running and is expanding production of other crops as well, aims to increase its grain export capacity by 50 percent to 7.5 million tonnes a month within three years. And its importance on world wheat markets is reflected in the CME Group’s announcement Nov. […] Read more
Surprise Indian duty on peas leaves Canada scrambling
WINNIPEG — The Canadian pea industry was shocked this morning to wake up to a notice from India declaring a 50 percent tax on pea imports to the country. “This sort of moves us beyond even where India has been before in pulse import duties.… More than a decade ago we were at 10 percent. […] Read more
India slaps duty on peas, wheat
India’s government has imposed a 50 percent duty on peas and a 20 percent duty on wheat. Pulse prices in India are suffering because of a bumper harvest of all crops in 2016-17 and a good summer crop in the current crop year. The country also still has substantial supplies of imported pulses. The Times […] Read more
