MarketsFarm — Heat and drought across Western Canada during the summer of 2021 seriously cut into the country’s crop production, raising traders’ expectations for reduced yields across the board when Statistics Canada on Monday releases its first production estimates of the year. Canola production is estimated at 11.5 million to 16 million tonnes, which would […] Read more
Smaller crops anticipated in looming StatsCan report
Survey-based data due out Monday
AFSC wants a grain sample before you sell to an unlicensed buyer
A proper sample is key to a payout on an insured crop — here are the rules governing that
Reading Time: 2 minutes Producers who are thinking about selling their grain through an unlicensed grain buyer need to consider a variety of factors, especially if they have production insurance through Agriculture Financial Services Corporation (AFSC). “If you’re thinking about selling grain to a grain dealer, a private buyer, a feedlot or even straight off the combine, it’s very […] Read more
Afghanistan ‘marching towards starvation,’ UN food chief says
Doha | Reuters — Millions of Afghans could soon face starvation due to a combination of conflict, drought and the coronavirus pandemic, the executive director of the World Food Programme said on Tuesday, calling on political leaders to act fast. “There’s a perfect storm coming because of several years of drought, conflict, economic deterioration, compounded […] Read more
Pulse weekly outlook: Lentils up on lower production, stronger demand
MarketsFarm — As with so many other crops on the Prairies, production of lentils will be lower this year due to the drought. However, MarketsFarm Pro senior analyst Mike Jubinville said the lentil crop likely fared a bit better than cereals or oilseeds. Earlier this year, Statistics Canada projected lentil production to come at about […] Read more
When will it end? If the fall rains don’t come, the hurt will continue
Autumn downpours could turn things around but moisture reserves are greatly depleted
Reading Time: 5 minutes Stephen Vandervalk has seen some tough, dry years on his southern Alberta grain operation since he started farming. But never this dry — and never this tough. “We’re combining the worst crop we’ve ever combined in the history of the farm right now,” the Fort Macleod-area grain farmer said earlier this month. “We’re seeing 10- […] Read more
U.S. railway’s board sticks with CN’s bid
Kansas City Southern board spurns sweetened CP bid
The board of directors for a U.S. railway facing takeover bids from each of Canada’s big two railways is sticking with Canadian National Railway’s (CN) proposal. The board for Kansas City Southern (KCS), in a release Aug. 12, said it unanimously agrees an upgraded Aug. 10 cash-and-stock bid from Canadian Pacific Railway (CP) “does not […] Read more
Maersk signs first green methanol deal toward dropping fossil fuels
Copenhagen | Reuters — A.P. Moller-Maersk said on Wednesday it had signed a contract securing green methanol as the world’s largest shipping firm gears up to operate its first carbon-neutral ship in 2023. With about 90 per cent of world trade transported by sea, global shipping accounts for nearly three per cent of the world’s […] Read more
Haitians grow impatient for quake aid as hungry crowd gathers
Victims say they still lack food, shelter, clean water; some major hospitals damaged
Les Cayes, Haiti | Reuters — A hungry crowd gathered outside an airport in southern Haiti on Wednesday as people left homeless by an earthquake that killed some 2,000 people voiced anger that government aid was slow to arrive five days after the disaster, leaving many without food and water. Prime Minister Ariel Henry, who […] Read more
The Andersons to pay debt, invest in core units after rail business sale
Renewable fuels, specialty foods investments considered
Chicago | Reuters — U.S. grain handler The Andersons plans to use US$550 million from the sale of its rail leasing business to pay down debt and invest in sustainable farming and low carbon initiatives in its core grain and fertilizer units, CEO Pat Bowe told Reuters on Tuesday. Maumee, Ohio-based Andersons sold its rail […] Read more
Nutrien confident in potash demand even with BHP project
Calgary | Reuters — Canada’s largest potash producer Nutrien said Tuesday it is confident in growing global demand for the crop fertilizer, shrugging off BHP Group’s decision to press on with its massive Jansen project in Saskatchewan that will add millions of tonnes a year of potash supply. BHP announced Tuesday it is going ahead […] Read more
Cyber-Savvy Farmer
