AgraCity has told customers it will be unable to deliver outstanding product in a timely manner this spring due to cash flowproblems
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AgraCity says it is unable to fill orders
AgraCity has told customers it will be unable to deliver outstanding product in a timely manner this spring due to cash flow problems
Vancouver port shuts out foremen as work stoppage begins
Bulk grain unaffected, but stoppage could cost fertilizer sector millions says Fertilizer Canada
A work stoppage at the Port of Vancouver is underway today, potentially impacting exports of coal, potash and beef although not bulk grain shipments. The British Columbia Maritime Employers Association (BCMEA) said in a statement today that strike activity commenced this morning. BCMEA will also lock out “forepersons and other Local 514 members,” starting late […] Read more
Canola flies into soybean headwinds
A large soybean crop in the United States and sluggish exports have not allowed the canola market to make a move SASKATOON — The soybean market is wrestling with a couple of bearish factors that are preventing the oilseed from rallying, says an analyst, and that is weighing down a canola market desperately attempting to […] Read more
BBQ pain for we beer and burger boys
Here's where inflation gets real
Here’s where inflation gets real: When millions of Americans get together for backyard barbecues on July 4, the average host is going to be shelling out US$99 for ingredients, including beer and burgers. In 2018 the same stuff only cost $73, according to Rabobank, the global agricultural lender. The average guy or gal now has […] Read more
Budget boosts Alta. ag budget
Province’s fiscal plan painted a not-so-rosy picture of the state of Albertan agriculture
Response to disasters, water management and irrigation were the agricultural highlights of Alberta’s recently released 2024 provincial budget. The Ministry of Agriculture and Irrigation’s operating expenses received a bump of 9.7 percent, rising from $77 million in 2023-24 to $870 million for 2024-25. That includes a $49-million increase in reinsurance costs for the Agriculture Financial Services […] Read more
Commodity Classic Day 2: U.S. fights for market share
U.S. competitive advantage has evaporated due to large infrastructure investments by Brazil and Argentina
HOUSTON, Texas — U.S. agriculture secretary Tom Vilsack says the United States is trying to regain its competitive edge in world agricultural markets. He told delegates attending the 2024 Commodity Classic conference that for many years the U.S. had better transportation logistics than its competitors and that gave the country a price advantage in overseas […] Read more
Goal to end hunger by 2030 appears unlikely
Progress made but nine countries still have ‘alarming’ levels of hunger
SASKATOON — It appears the world is likely to fall short of meeting the United Nations objective of eradicating hunger by 2030. “We were on a good trajectory to do that,” said Andy Harrington, executive director of the Canadian Foodgrains Bank. “But since the mid-2010s, that trajectory has gone backwards.” The 2023 Global Hunger Index […] Read more
Will India open a second window for duty-free pea imports?
SASKATOON — The Indian government might have to consider opening a second window for duty-free yellow pea imports, according to a senior industry official from that country. “Maybe in the back end of the season,” Manek Gupta, managing director of Viterra India PVT Ltd., said during a recent webinar hosted by the India Pulses and […] Read more
Take a walk through The Western Producer’s century of history
Well, we’re 100! Sadly we won’t be receiving a letter of birthday regards from the Queen, but perhaps King Charles will recognize our century of service to Western Canadian farmers. Founded in late August 1923 (named The Progressive for a year) we have grown and suffered and been buffeted and evolved as have the millions […] Read more
Foodgrains bank responds to African hunger crisis
A flare up of conflict in Sudan, Somalia and the Democratic Republic of Congo has exacerbated severe hunger caused by erratic weather and economic disruptions in the Horn of Africa.
