Reading Time: 4 minutes Foodgrains Bank warns $2.7B aid cut triggers a humanitarian crisis, risking global hunger relief and 40 per cent of its funding.
‘Millions will die’: Foodgrains Bank faces $2.7B federal funding threat
While private donations rise, the organization warns that government cuts threaten its ability to sustain life-saving programs for millions
India likely to triple lentil import duty
Analysts expect tariff increase as of April 1 to protect domestic price supports
Reading Time: 3 minutes Analysts anticipate India hiking duties to 30 per cent after March 31 to bolster domestic prices on expectation of strong harvest.
Minor tweaks in AAFC supply and demand report
There were only small changes in the latest supply and demand estimates from Agriculture and Agri-Food Canada released on Feb. 18.
Pulse Weekly: Lentil prices currently lacking direction
There’s little at the present time to guide cash prices for lentils on the Canadian Prairies, said Marcos Mosnaim of Prairie IX in Toronto.
U.S. grains: Soybeans turn higher as traders weigh China demand; wheat climbs
Chicago | Reuters – Chicago soybean futures turned higher on Wednesday on technical buying and continued hopes of stronger Chinese demand, analysts said, with the benchmark contract heading back toward a two-month peak set last week. Wheat rose on what appeared to be fund-driven short-covering, while corn futures sagged in choppy trade. Chicago Board of […] Read more
Pulse Weekly: Low prices for edible beans worsen growth prospects
Last year’s large edible bean crop has pressured current prices in Manitoba.
New federal funding to open for agriculture, agri-food market diversification
A total of $75 million over five years will be available under the AgriMarketing program’s market diversification streams, federal Agriculture Minister Heath Macdonald announced in a news release on Feb. 10.
Pea, lentil outlooks have some positive signals – Penner
As pulse growers consider what to plant this spring, Chuck Penner of Leftfield Commodities Research said there is some optimism in the Canadian pulse market. Penner gave a presentation at the Saskatchewan Pulse Growers meeting in Swift Current on Feb. 4.
Grain Growers of Canada calls for clarity, transparency on AAFC research cuts
Grain Growers of Canada is calling for more clarity from the federal government following cutbacks to Agriculture and Agri-Food staff and research centres.
Former U.S. agriculture officials, top Republican senator warn of farm country trouble
The chair of the U.S. Senate’s agriculture committee warned on Tuesday that farmers were suffering heavy losses, while more than two dozen former industry leaders sounded the alarm about the risk of a “widespread collapse of American agriculture” ahead of a $12 billion government bailout expected to reach growers this month.