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Cargill says its fiscal year 2023 revenue increased 7% from a year earlier to $177 billion, the highest ever for the 158-year-old company. Cargill peers Archer-Daniels-Midland and Bunge both also reported solid earnings in their most recent quarters and raised their profit outlooks for 2023. Robust demand for food, animal feed and biofuel, and global supply […]

Agricultural chemical and seed company Corteva has cut its annual sales expectations as demand for its crop protection products showed signs of contraction. Corteva said it expects net sales between $17.9 billion and $18.2 billion for 2023, below its previous sales forecast of $18.6 billion to $18.9 billion. The company, spun off in 2019 after a […]

The Manitoba government is encouraging Manitobans to shop, cook, dine and celebrate the quality and diversity of local and Canadian foods and cuisine by participating in the 20th anniversary of Food Day Canada tomorrow.   Manitoba Agriculture Minister Derek Johnson says he encourages people across the province to take part in the conversation about all the ways […]

CN and CP Rail have submitted their annual grain transportation plans to the federal government.   They are required by law to submit plans to the federal transport minister each year. CN says it plans to move up to 7,800 cars or 744 thousand metric tonnes of bulk grain and grain products per week outside of winter, and up […]

A major cash injection for Manitoba Beef and Forage Initiatives. The federal and Manitoba governments announce up to $2.85 million over the next five years. MBFI is a collaboration between Manitoba Beef Producers, Ducks Unlimited Canada and Manitoba Agriculture to undertake beef and forage research and demonstration trials to support increased profitability and environmental sustainability in […]

Manitoba Pork has released the details of a new economic analysis of the hog sector in the province. The report indicates 55% of all agriculture and food processing jobs in Manitoba are tied to the hog sector, and the sector contributes 22,000 jobs across Manitoba in both urban and rural communities. The economic analysis report […]

Nutrien says it has decided to indefinitely pause its ramp-up plans for potash production. The company cited market conditions for stopping efforts to bolster potash output to 18 million tonnes. Potash prices have eased after the resumption of shipments from major supplier Belarus, whose exports were largely frozen last year due to western sanctions after […]

Most areas of Saskatchewan are preparing for harvest operations, while combines are becoming a frequent site in the west-central and southwest regions. The Saskatchewan Crop Report for the period of July 24-31 says hot conditions persist and crops continue to ripen. Producers are hoping for rain after harvest to replenish soil moisture for next year. Rain […]

Manitoba Agriculture Minister Derek Johnson has announced changes to the Agricultural Crown Lands Leases and Permits Regulation. The program is designed to support improving forage productivity, growing the livestock industry and advancing sustainability. Johnson says after a 45-day public comment period the province is revising the Agricultural Crown Lands Leases and Permits Regulation to improve the […]

Russia attacked a key Ukrainian port today sending global food prices higher.  The attacks halted ships in their tracks as they prepared to arrive there to load up with Ukrainian grain in defiance of a de-facto blockade Russia reimposed in mid-July. Ukraine’s Deputy Prime Minister said warehouses and grain elevators were hit in the attacks and […]