Reading Time: 4 minutes Get those verbal agreements down in writing, know what terms like “liquidated damages” mean, and take action fast if you can’t fulfil a grain contract and prices are rising. Those are key takeaways from a recent webinar on grain contracts put on by the Canadian Canola Growers Association and Winnipeg law firm D’Arcy & Deacon. […] Read more
WHEN THINGS GO SOUTH: What to know about grain contracts
When you can’t fulfil a contract, there are key things to be aware of, say legal experts
Pulse weekly outlook: Saskatchewan crops growing well despite threats
MarketsFarm – Pulse crops across Saskatchewan are growing well for the most part, but not in every corner of the province, according to the province’s own specialist. Dale Risula, special crops specialist for Saskatchewan’s Ministry of Agriculture, said this year’s pulse crops are looking much better than those in last year’s drought, which he called […] Read more
Direct compensation for fertilizer tariffs not on table
Eastern farm groups call for help ahead of fall seeding
Farmers in Eastern Canada who rely on imports of Russian-made fertilizers aren’t going to see direct compensation for the federal government’s general tariff on those products. A clutch of farmer and ag industry groups on July 15 put forward a new request to Ottawa for compensation to farmers “negatively impacted” by a 35 per cent […] Read more
AAFC raises wheat, canola production estimates
Ending stocks outlook mixed
MarketsFarm — Canadian wheat and canola production are both expected to come in above earlier expectations in updated supply/demand projections from Agriculture and Agri-Food Canada, released Thursday. However, while wheat stocks are also expected to rise, the canola carryout was revised lower due to expected increases in exports and domestic usage. The government agency raised […] Read more
Saskatchewan crops advancing quickly
MarketsFarm — Hot and humid conditions saw crops in Saskatchewan advance quickly during the week ended Monday, according to the latest provincial crop report — although the humidity has slowed haying. When humidity is high, cutting hay becomes more challenging and hay that is cut does not dry down as quickly, which can result in […] Read more
Ukraine grain storage crisis hits home as farmers harvest new crops
Outlook bleak if sea export route not reopened soon
Khreshchate, Ukraine | Reuters — Ukrainian farmer Mykola Tereshchenko hopes to start harvesting his wheat fields this week, but the smallholder in northern Ukraine has nowhere to store the grain. His silos are still crammed full with 1,100 tonnes of grain from last year’s harvest that he can’t export due to the closure of Ukraine’s […] Read more
Pulse weekly outlook: Manitoba’s crops in ‘better situation’ than last year
Lost acreage still a question mark
MarketsFarm — Despite varied amounts of rainfall across the southern half of Manitoba over the past few weeks, pulses are faring quite well according to the province’s pulse specialist. Dennis Lange, who’s based at Altona, said while peas in fields with excessive moisture are struggling, those grown in adequate moisture and lighter soils are in […] Read more
Biden steps in to help end freight rail labour disputes
Disputes dragging at BNSF, Union Pacific
Washington | Reuters — U.S. President Joe Biden on Friday signed an executive order creating an emergency board to help resolve disputes between major freight rail carriers and their unions, in a move that could help loosen up some supply chain constraints. The order came ahead of a deadline next week to intervene in nationwide […] Read more
Feds boost Living Labs’ reach to all provinces
Nine projects, including first-Indigenous led lab, share $54M
The first crop of federally-funded “Living Labs” backed by the Agricultural Climate Solutions (ACS) program, set up to prove carbon-sequestering on-farm processes, takes the concept to the six provinces where such farm-level labs weren’t yet in place. Agriculture Minister Marie-Claude Bibeau, speaking Thursday in Calgary, announced $54 million from the $185 million, 10-year ACS program […] Read more
Ukraine grain exports deal to be signed next week, Turkey says
Istanbul/United Nations | Reuters –– Russia, Ukraine, Turkey and the United Nations are due to sign a deal next week aimed at resuming Ukraine’s Black Sea grain exports, but U.N. chief Antonio Guterres warned there was still “a long way to go” before there would be peace talks to end the war. Turkish defence minister […] Read more
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