Reading Time: 3 minutes Pasta lovers must brace to pay higher prices for their favourite dish, as drought in Canada and bad weather in Europe damages durum wheat crops and reduces supplies available to flour millers and food companies. Italy’s government called a crisis meeting in May as prices for the staple food jumped by more than double the […] Read more
High pasta prices set to boil over as Canada’s wheat withers
Drought in Prairie durum-growing region is adding to existing global supply woes
The climate-friendly cows bred to belch less methane
Research conducted partially at the University of Alberta underpins the effort
Reading Time: 3 minutes Reuters – When dairy farmer Ben Loewith’s calves are born next spring, they will be among the first in the world to be bred with a specific environmental goal: burping less methane. Loewith, a third-generation farmer in Lynden, Ont., in June started artificially inseminating 107 cows and heifers with the first-to-market bull semen with a […] Read more
Canada bumps up wheat harvest view, trims canola estimate
StatCan releases yield outlook as of Aug. 31
Winnipeg | Reuters — Canadian farmers will harvest slightly more wheat and a bit less canola than expected earlier in summer, but dry conditions will keep both crops small, a government report showed on Thursday. Farms in North and South America, Europe and Australia are facing crop losses as extreme weather spreads over an unusually […] Read more
Canada to harvest less wheat than expected due to drought
Canola, barley, oats output also projected lower
Winnipeg | Reuters — Canadian farmers will harvest less wheat than expected after dry conditions in parts of the Prairie provinces shrunk yields, a government report showed on Tuesday. Drought is expected to send global wheat stockpiles for major exporters to the lowest levels in more than a decade, a Reuters analysis has shown. Canada […] Read more
Richardson buys into European malt market
Winnipeg agrifood firm buys U.K.-based Anglia Maltings
Paris | Reuters — Canada’s biggest grain merchant Richardson International is entering the malt sector through the acquisition of U.K.-based Anglia Maltings Holdings (AMH), targeting rising demand for the beer and whisky ingredient, Richardson said on Friday without disclosing financial terms. Anglia Maltings operates seven malt facilities in the U.K., Poland, and Germany, with combined […] Read more
Bunge deal for Viterra to boost oilseed dominance, renewable diesel potential
Canada's Competition Bureau pledges to review deal
Chicago | Reuters — Bunge’s planned acquisition of Viterra would make the world’s biggest oilseed crusher even more dominant and secure a larger role in the expanding renewable diesel industry, although it may face competition hurdles. Under the deal to create an agricultural giant worth about $34 billion including debt, Bunge’s crushing capacity will increase […] Read more
Canada extends Ukraine tariff-free access
Access to supply-managed sectors tightened
Winnipeg | Reuters — Canada on Friday extended Ukraine’s tariff-free access for most goods, but tightened access for eggs, poultry and dairy — sectors protected under the Canadian supply-management system. Finance Minister Chrystia Freeland said tariff relief for Ukrainian goods such as steel — a temporary measure started a year ago — would continue for […] Read more
Air quality deteriorates as wildfires rage in Western Canada
Evacuations continue in Alberta, B.C., Saskatchewan
Reuters — Calgary received a special weather alert on Tuesday, warning residents of poor air quality and reduced visibility as tinder-dry weather and shifting winds elevated the risk of spreading wildfires in Alberta’s north and west. As of Tuesday evening 89 wildfires are active in Alberta, with 25 out of control, according to the provincial […] Read more
Alberta ‘crossing fingers’ for rain amid wildfires
CN mainline traffic west of Edmonton suspended
Reuters — Firefighters were counting on rain and cooler weather forecast for Monday to help them quell a dramatic start to Alberta’s wildfire season. The province declared a state of emergency on Saturday in response to wildfires in northern and central regions that have displaced nearly 30,000 people and prompted energy producers to shut in […] Read more
Mosaic says stockpiles too high to restart Saskatchewan mine
Company expects Russia, Belarus 2023 potash exports at 2022 level
Winnipeg | Reuters — Fertilizer producer Mosaic Co. does not currently see the right market conditions to restart its idled Saskatchewan potash mine, with high inventories in the U.S. and Brazil and cold weather slowing trains from Canada, CEO Joc O’Rourke said Wednesday. Mosaic curtailed potash production in December at its Colonsay, Sask. mine, but […] Read more
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