MarketsFarm — Central and northern agricultural regions of Saskatchewan and Alberta are forecast to see cooler-than-normal temperatures with above-average precipitation over the next three months, according the latest long-range outlook from Environment Canada. The department’s latest seasonal weather maps, dated Sunday, show a 40-50 per cent chance of above-normal precipitation across most of the northern […] Read more
Long-range forecast points to cool, wet spring for northern Prairies
GM aims to end sale of gasoline- and diesel-powered light trucks, cars by 2035
Washington | Reuters — General Motors said on Thursday it was setting a goal to sell all its new cars, SUVS and light pickup trucks with zero tailpipe emissions by 2035, a dramatic shift by the largest U.S. automaker away from gasoline and diesel engines. GM, which also said it plans to become carbon-neutral by […] Read more
Canadian flax prices, exports going up
MarketsFarm — High demand and an accompanying increase in overseas exports have resulted in reduced domestic supply for Canadian flaxseed, helping drive prices for the crop to highs unseen in years. Marlene Boersch, owner of Mercantile Consulting Venture in Winnipeg, said the amount of flax from Canada going to the U.S. and European Union is […] Read more
U.K. to ask to join Trans-Pacific trading bloc ‘shortly’
Bilateral deals signed or in works with several CPTPP members
London | Reuters — Britain will soon submit its application to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trade bloc, trade minister Liz Truss said on Wednesday. Since deciding to leave the European Union, a process it completed at the end of 2020, Britain has been seeking out new trading arrangements around […] Read more
Canada consulting at home toward Indonesia trade deal
Possibility of broader Southeast Asian pact also looms
Continuing to seek out free trade deals in the Asia-Pacific region, Canada has launched public consultations on the merits of a potential bilateral pact with Indonesia. “Deepening trade ties with Indonesia would benefit Canadian businesses of all sizes and lead to economic growth and prosperity for years to come,” International Trade Minister Mary Ng said […] Read more
Longer-range forecast points to warmer-than-normal winter
MarketsFarm — Warmer-than-normal temperatures are in the long-range forecast across all of Canada for the next three months, according to the latest outlook from Environment Canada. The latest seasonal forecast from the government agency, released Thursday, calls for a 40 to 70 per cent chance of above-normal temperatures from January through March for the western […] Read more
Former KAP president promoted at CGC
KAP GM to replace Chorney as CGC's assistant chief
The acting chief commissioner for Canada’s grain handling regulator has formally levelled up to the chief’s role, while the GM of Manitoba’s general farm group replaces him at the second seat. Federal Agriculture Minister Marie-Claude Bibeau on Monday appointed Doug Chorney — an agricultural engineer and grain and oilseed grower at East Selkirk, Man. — […] Read more
Pulse weekly outlook: Markets steady heading into holidays
MarketsFarm — Pea and lentil markets in Western Canada are holding relatively steady heading into the holiday season, with little movement expected one way or the other until the New Year. “That’s normal for this time of year,” said Dale McManus of Johnston’s Grain at Welwyn, Sask. on the lack of activity and stagnant prices. […] Read more
U.S. grains: Soybeans sink on South American rains, slowing demand
Wheat pressured by bumper crops in Australia, Canada
Chicago | Reuters — U.S. soybean futures fell for a third straight session on Tuesday on slowing export demand and as forecasts for more rain in South American crop areas tempered concerns about tightening supplies. Corn and wheat followed soybeans lower, pressured by improved South American crop prospects and a firmer U.S. dollar. Grain prices […] Read more
U.S. grains: Wheat posts weekly dip as supply worries ease
Corn, soy futures also lower
Chicago | Reuters — U.S. wheat futures fell more than one per cent on Friday and recorded a weekly loss as expectations for bumper wheat harvests in Australia and Canada tempered fears of tightening global supplies. Corn and soybean futures declined on forecasts for beneficial rains in northern and central Brazil, although worries about dry […] Read more
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