Canada’s crop exports are forecast to plummet 39 percent this year, leaving importers scrambling for product from alternative suppliers. Total exports of grains, oilseeds, pulses and special crops are forecast at 36 million tonnes, down from 59 million tonnes last year, according to Agriculture Canada. That would be the smallest export program since 2006-07 when […] Read more
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East offers pasture for western cows
New Brunswick beef producers are opening their gates to western Canadian cattle as access to feed continues to tighten because of the drought. “Our message to our western counterparts is, anything we can do to help,” Nathan Phinney, a New Brunswick-based Canadian Cattlemen’s Association board member, said about the Cows East initiative. The plan is […] Read more
Producers hope forecast for dry fall is wrong
AccuWeather says expectation for warmer and drier conditions is particularly pronounced in most of the southern Prairies
Just as parched soils in some of the worst drought-affected regions of the Canadian Prairies were getting some reprieve, along comes a disheartening forecast. AccuWeather predicts hot and dry conditions for September through November. “The overall pattern does not favour much in the way of precipitation here across the southern Prairies and certainly a continuation […] Read more
Farmers urge grain companies to co-operate on contracts
Western Canadian Wheat Growers urges producers to honour contracts but also asks handlers for flexibility in some cases
The Western Canadian Wheat Growers Association is encouraging farmers and grain companies to work together to find co-operative solutions in cases where producers don’t have enough grain to fill production contracts. WCWGA president Gunter Jochum, who farms west of Winnipeg, said his experience in dealing with grain companies has been positive. Grain buyers in his […] Read more
A top durum buyer may slash demand
Turkey is expected to need less of the crop as it allows more wheat in pasta and for it to be exported to more countries
Turkey has a new pasta processing regime that could dramatically reduce the amount of durum used in making the popular product. In May, the Turkish government implemented new rules allowing for the increased use of soft wheat in pasta destined for export. Millers can now use up to 100 percent soft wheat when making pasta […] Read more
Second La Nina threatens S. American crops
Back-to-back La Nina summers in Argentina and Brazil could have a profound impact on world corn and soybean markets
South America’s crops could suffer greatly if forecasts for a second consecutive La Nina weather event prove accurate, says an analyst. The U.S. National Oceanic and Atmospheric Administration says there is a 70 percent chance of having a second La Nina in a row during South America’s summer growing season. Southern Brazil and Argentina typically […] Read more
Strong crop prices bode well for fertilizer market: Nutrien
High grower margins in most parts of the world expected to be an incentive to increase acreage and focus on higher yields
Global demand for fertilizer products continues to be positive, despite reduced production forecasts in many parts of the world, according Nutrien’s chief economist and head of market research. Jason Newton said continued uncertainty about the size of U.S. corn and soybean crops, combined with reduced production estimates for Russian wheat, Brazilian corn and all crop […] Read more
China expected to increase soybean purchases this year
The country’s annual feed demand may eventually rise by 30 million tonnes, and soybeans would be the main beneficiary
China will be a much larger buyer of soybeans this year than the market is anticipating, says an analyst. “My sense is that all the current estimates of Chinese imports for 2021-22 are understating the figures,” Dorab Mistry, director of Godrej International, told delegates attending a conference organized by the U.S. Soybean Export Council. “In […] Read more
China remains U.S.’s biggest market and biggest troublemaker
Talk about mixed messaging. Two homemade campaign signs from last fall’s presidential election remain on the edge of a sprawling, well-kept dairy farm I recently passed. One, large and white against a green backdrop of tasselled corn, touts Donald Trump. The other, smaller and more wordy, declares that if Biden wins, all Americans soon will […] Read more
Let your voice be heard this election
Political campaigners have an adage: public policy is set by those who show up. We are in the middle of a federal election and now is the best time for producers to influence policy. Now is the time for you to actively participate in the political process and let your voice be heard, and to […] Read more
