MarketsFarm — Don’t expect any large increases in canola prices any time soon, according to Ken Ball of PI Financial in Winnipeg. In fact, there’s a good chance seen that old-crop canola could fall below its support level of $800 per tonne. Ball said 2022-23 canola ending stocks in Canada could increase because of the […] Read more
ICE weekly outlook: Upswings likely out of question for canola
Canada's exports expected to ebb
Canada reported seeking formal talks with Mexico on GMO rule
U.S. already seeking similar talks
Ottawa | Reuters — Canada has asked for formal consultations with Mexico over its restrictions on genetically modified (GM) agricultural imports under the North American free-trade agreement, Bloomberg News reported Wednesday, citing people familiar with the matter. Canada requested the talks on Tuesday, according to Bloomberg, a day after the U.S. requested formal trade consultations […] Read more
Morocco adjusts wheat import scheme in nod to Black Sea
Move could bump up competition among exporters
Rabat/Paris | Reuters — Morocco, a major cereal importer, has modified its wheat import subsidy scheme to make it easier for companies to bring in cargoes from the Black Sea region, an official at state grain agency ONICL said on Wednesday. The revision, also reported by traders, means that as of March importers are able […] Read more
BASF halting hybrid wheat seed development in North America
Results 'have not achieved development goals we set'
Reuters — Global chemicals and crop seeds company BASF is halting development of hybrid wheat in North America after results of seed trials failed to reach development goals, the company told Reuters on Wednesday. BASF will instead focus development of the new type of wheat in European markets, aiming to launch the technology there “toward […] Read more
‘Normal’ spring ahead for most of the Prairies
Below-normal rains expected for southern Alberta, western Saskatchewan
MarketsFarm — Canada’s Prairies are looking at normal temperatures over the next month to three months, according to Environment and Climate Change Canada (ECCC). The federal department on Tuesday issued its temperature and precipitation probabilistic forecasts, which also called for normal precipitation for most of the region. “The forecast is really neutral for the Prairies, […] Read more
Multi-million-dollar fund greenlights soil health projects
Eight projects to push soil health practices will get funding for the next five years
Eight soil health projects across Canada will be getting a multi-million-dollar boost in private funding over the next five years. The Weston Family Foundation — the philanthropic arm of the Weston business empire — has slated $10 million for those eight projects through the organization’s soil health initiative, it was announced Feb. 13. The initiative […] Read more
New U.S. ag trade chief demands Canada broaden dairy quota access
USTR's new ag rep's eyes also on Mexico GM corn ban
Washington | Reuters — Canada must let U.S. processors of cheese, ice cream, yogurt, milk powder and other dairy products have access to its import quotas to resolve a second U.S. dairy trade challenge, Washington’s new agricultural trade boss told Reuters. Doug McKalip, chief agricultural trade negotiator for the U.S. Trade Representative’s office, told Reuters […] Read more
Canada’s potato crop edges up in 2022
Alberta up into top spot among potato-producing provinces
MarketsFarm — Statistics Canada (StatCan) issued its potato production report Thursday, which noted a 1.5 per cent increase in the country’s crop in 2022. Across Canada, nearly 122.9 million hundredweight (cwt) of potatoes were harvested last year, with an average national yield of 322.3 cwt/acre on 381,351 acres. Alberta rose from third into the top […] Read more
Canada withdraws proposed measures banning certain rifles, shotguns
Critics said plan was unfair to farmers, hunters
Reuters — Canada has withdrawn proposed amendments to gun legislation that would have banned certain types of rifles and shotguns, the government said on Friday, after opponents alleged the prohibitions unfairly targeted farmers and hunters. The amendments were added to a gun control package that Prime Minister Justin Trudeau’s government introduced last year after the […] Read more
Price drop not enough to lift demand for Canadian flax
Russia, Kazakhstan competitive in export markets
MarketsFarm — While flax prices in Western Canada have fallen by at least half from what they were one year ago, they are still too high to be competitive on a global level, according to one flax processor. Mike Popowich, owner and vice-president of TA Foods Ltd. at Yorkton, Sask., said demand for the crop […] Read more
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