Crops

Global grain trader Viterra is in talks to merge with U.S. rival Bunge Ltd. The structure of the deal is still yet to be finalized and is being discussed by both parties. Global commodities merchants have built up cash reserves after turning in hefty profits over the past year, as Russia’s invasion of Ukraine disrupted […]

Farm Credit Canada (FCC) is offering support to producers who are facing financial difficulties, including cash flow challenges due to higher-than-average input costs and elevated interest rates. FCC is offering an unsecured credit line up to $500-thousand with loan processing fees waived. Elan Rolufs, Senior District Director with FCC, says it’s available to any producer, […]

New-crop canola prices on ICE Futures seem to be destined to remain well below $700 per tonne. That’s according to analyst Errol Anderson of ProMarket Communications in Calgary. He says the chances of canola pushing higher requires fresh bullish news. Otherwise, Anderson says, the November contract could fall back to as low as $620/tonne, although […]

While dry conditions persist across the Prairies, the current situation for pulses is not as bad as during the two previous springs. That’s according to Pulse Canada’s director of market access and trade policy. Mac Ross says dryness is largely evident across Western Canada and many crops are still below their five-year averages for planting […]

Canadian canola ending stocks in both the current marketing year and upcoming 2023-24 season will be tighter than earlier estimates. That’s according to supply and demand projections from Agriculture and Agri-Food Canada. Factoring in Statistics Canada’s latest acreage estimates and its data for stocks as of March 31st — figures both released in the past month — AAFC now […]

Seeding in Saskatchewan is over two-thirds of the way done. The third crop report of the season indicates 68 percent of seeding is complete, a 30 percent increase from the previous week, but behind the 5-year average of 76 percent. The northwest region is almost done at 84 percent complete, followed by the west-central at 81 […]

Tracking grain movement across Canada is now easier than ever. This month Statistics Canada released the Grain Supply Chain Dashboard, an interactive map that details, among other things, segments of the railway network, the number of cars, and a car’s last known location. The dashboard is updated on a daily basis – with a one-day lag. The […]

The Ukrainian port of Pivdennyi has halted operations because Russia is not allowing ships to enter it, in effect cutting it out of a deal allowing safe Black Sea grain exports. The Black Sea Grain Initiative signed by Russia and Ukraine last July, and extended last week for two months, is intended to guarantee the safe wartime export […]

Agriculture and Agri-Food Canada is looking for Canadian farmers to participate in a survey about weather and climate. Producers have until October to take part in the Agroclimate Impact Reporter survey. The survey is open for the last week of each month until October. The online survey is designed for the collection and reporting of weather […]

Farm Credit Canada (FCC) is offering support to new and existing customers who are experiencing financial difficulties, including cash flow challenges, due to higher-than-average input costs and elevated interest rates. The cost pressures in the current economic environment are difficult to pass on, resulting in tough financial circumstances for some operations. To help producers, agribusinesses and agri-food […]