Paris | Reuters — Louis Dreyfus Co., (LDC), one of the world’s largest agricultural commodity merchants, has suspended its operations in Russia, it said on Friday. LDC did not provide further details in an emailed response to a question about the impact of Russia’s invasion of Ukraine on its activities. Like other crop traders, it […] Read more
Louis Dreyfus suspends operations in Russia
Pea weevil damage dropped in 2021
Reading Time: < 1 minute Pea leaf weevils don’t like drought either, last year’s survey of the pest suggests. “The highest damage ratings were in a few fields around Edmonton,” Alberta Agriculture reports. “There were a couple of hot spots in southern Alberta, but nothing like we have seen in previous years.” But spring conditions are key and a stretch […] Read more
Pulse weekly outlook: India removes tariffs on most lentil imports
MarketsFarm — Lentil suppliers in Canada have received a bit of a boost from a surprise policy decision overseas. India’s government on Feb. 12 suspended all tariffs on most lentil imports, which will reduce costs for its two largest exporters, Canada and Australia, to ship the crop to the country. The tariff removal is not […] Read more
Bunge says sanctions may have ‘adverse effect’ on Russian operations
Reuters — Global agricultural commodities trader Bunge said continued conflict in Ukraine and stinging sanctions on Russia could have an “adverse effect” on its operations in the breadbasket region. Bunge and rival agribusinesses ADM and Cargill suspended operations in Ukraine last week after Russia invaded its neighbour. But none have stopped their business in Russia […] Read more
Canada shuts ports to Russian ships over Ukraine invasion
Russian firms' Canadian holdings also under scrutiny, Freeland warns
Toronto | Reuters — Canada ratcheted up pressure on Russia for its invasion of Ukraine by shutting ports to Russian-owned ships and saying on Tuesday that holdings of all Russian oligarchs and companies in the country are under review. Canada has announced a slew of measures to isolate Russia, including imposing sanctions on Russian President […] Read more
Forecasting the future: What crop will be king in the coming year?
Oats is being touted as the profitability champion, but canola’s reign also looks set to continue
Reading Time: 4 minutes Scott Keller is pretty impressed with the latest crop profitability outlook from Manitoba’s Ag Department — but he’s not buying its prediction that oats will be this year’s No. 1 money-maker. Canola is still king and its reign isn’t going to end any time soon, said the grain farmer from New Norway. “Nothing will even […] Read more
Ukraine shuts ports as conflict threatens grain supplies
Moscow/Kyiv | Reuters — Ukraine’s military has suspended commercial shipping at its ports after Russian forces invaded the country, an adviser to the Ukrainian president’s chief of staff said, stoking fear of supply disruption from leading grain and oilseeds exporters. Russia earlier ordered the Azov Sea closed to the movement of commercial vessels until further […] Read more
Saskatchewan forage rainfall insurance to adjust for hot spells
SCIC also expanding crop roster for contract price option
Saskatchewan forage and corn growers whose crops are insured against below-normal rainfall can expect a beneficial bump starting this year if those crops get cooked in high heat. The Saskatchewan and federal governments on Tuesday announced details for their 2022 crop insurance program — under which average coverage is expected to reach $405 per acre, […] Read more
Pulse weekly outlook: Four factors to consider before going with peas
MarketsFarm — There are four factors to consider before deciding whether to plant dry peas this spring, according to Darryl Domitruk, executive director of Manitoba Pulse and Soybean Growers at Carman, Man. The first is field selection, as peas need to be planted with less residuals such as nitrates, Domitruk said. “Pulses manufacture their own […] Read more
Calgary protein ingredient maker already set to expand
Lovingly Made Ingredients expansion means more sales for Alberta farmers growing peas and other crops
Reading Time: 4 minutes The plant-protein boom is starting to pay dividends for Alberta growers. Less than a year after opening its doors, the province’s biggest plant-protein processor is already eyeing an expansion of its Calgary facility. “We have a piece of technology in Europe that we’re looking to bring to Alberta this year, and that would give us […] Read more