U.S. Ambassador Pete Hoekstra says Canada should make the case that it’s a good business parter so it can avoid high tariffs. Some Canadian agriculture experts say that’s already happening.
‘We should always aim for free trade’: low tariffs not good enough say agriculture leaders on Hoekstra remarks
CBOT weekly outlook: Soybeans/corn awaiting acreage data
Soybean and corn futures at the Chicago Board of Trade posted some large price swings during the week ended March 25, as market participants reacted to the shifting news out of the Middle East and adjusted positions ahead of upcoming acreage data from the United States Department of Agriculture.
ICE Canada Weekly: More behind canola, soyoil than crude oil prices
There’s more to canola futures on the Intercontinental Exchange than crude oil and vegetable oils prices, said David Derwin, commodity futures advisor for Ventum Financial in Winnipeg.
U.S. researchers bet on hybrid, GMO seeds to make wheat profitable again
Scientists are developing hybrid wheat seeds that promise higher, more consistent crop yields as drought becomes more common across the U.S. Plains.
Hormuz-driven fertilizer shortage could raise grain prices, Goldman Sachs says
Disruptions to nitrogen fertilizer supply through the Strait of Hormuz could reduce global grain yields and shift planting decisions, potentially lifting grain prices, Goldman Sachs said in a report on Tuesday.
Prairie forecast: Arctic air keeps spring warming at bay
This week’s forecast: Arctic high pressure is expected to drop southward into the Prairies later this week and into the weekend, keeping temperatures below average.
Feed Grain Weekly: Seasonal gains expected this spring
Feed grain prices have not yet been affected by rising fuel costs, but will continue to rise nonetheless, said a Lethbridge-based trader.
Klassen: Stronger barley prices weigh on feeder cattle values
For the week ending March 21, Western Canadian feeder cattle markets traded $10/cwt higher to $10/cwt lower compared to seven days earlier. Backgrounded replacements were quite variable with sharper discounts noted on fleshier groups. The heifer discount to steers appeared to be wider in some cases but it was largely based on quality features. Calves […] Read more
Russia stops ammonium nitrate exports for one month amid global supply crunch
Russia, which controls up to 40 per cent of the global trade in ammonium nitrate, said on Tuesday it will stop exports of the fertilizer for one month until April 21 to ensure sufficient supply during the spring planting season.
Farmland climbs higher in spite of headwinds: Farm Credit Canada report
In a year with trade disruptions, higher input costs and economic uncertainty, agricultural land in Canada continued to climb higher in value