Reuters — Global agricultural commodities trader Bunge said continued conflict in Ukraine and stinging sanctions on Russia could have an “adverse effect” on its operations in the breadbasket region. Bunge and rival agribusinesses ADM and Cargill suspended operations in Ukraine last week after Russia invaded its neighbour. But none have stopped their business in Russia […] Read more
Bunge says sanctions may have ‘adverse effect’ on Russian operations
Flooding in Manitoba hinges on coming spring melt
MarketsFarm — Manitoba’s Hydrologic Forecast Centre (HFC) released an initial spring flood outlook report Friday citing the risk of moderate to major flooding in most the province’s southern basins. Transportation and Infrastructure Minister Doyle Piwniuk said the amount of flooding will depend on weather conditions from now until spring melt. The HFC advised that, while […] Read more
Link broken in glyphosate supply chain, Bayer says
Company provides heads-up on 'force majeure event'
No one is yet using the word ‘shortage’ but farmers may need to get ready for less Roundup temporarily, following a “force majeure” event at a plant supplying an ingredient in the recipe for glyphosate. Bayer, the chemical company whose Roundup brand remains the best known of the glyphosate herbicides, reported as much in an […] Read more
ADM releases alternative protein outlook for 2022
MarketsFarm — Major U.S. agribusiness ADM released a report Tuesday identifying the seven biggest trends in the alternative protein market, ranging from creating new protein sources from fungi to making plant-based meat substitutes more affordable and palatable to the general public. The seven trends in the report were: introduction of novel protein sources, using microbial […] Read more
StatsCan confirms tight grain and oilseed stocks
Canadian corn stocks up on year
MarketsFarm — Canada’s tight supplies of canola, wheat and other crops following the 2021 Prairie drought received more confirmation from Statistics Canada with the release of updated stocks data on Tuesday. Canola stocks, as of Dec. 31, 2021, of 7.6 million tonnes were down 43 per cent from the previous year and the tightest since […] Read more
Drought conditions ease slightly across Prairies
MarketsFarm — Mixed precipitation throughout January helped drought conditions improve across much of the Canadian Prairies during the month, according to the latest Drought Monitor report from Agriculture and Agri-Food Canada (AAFC), released Tuesday. Conditions have deteriorated in some areas, however, and the majority of Western Canada was still in some kind of drought state. […] Read more
Prizes put up to develop year-round berry production in Canada
Weston Foundation's new challenge backed with $33 million
A philanthropic foundation focused on improving public health now wants to improve diets by finding ways to juice up Canada’s home-grown fruit supplies. The Weston Family Foundation on Tuesday pledged $33 million over six years for what it calls the Homegrown Innovation Challenge, a prize challenge pitting ideas against ideas with the goal of extending […] Read more
Greek farmers stage tractor protest against soaring energy costs
Larissa | Reuters — Farmers in central Greece on Friday protested with hundreds of tractors against soaring energy costs, dismissing government support measures as inadequate and demanding more help to cope with rising prices. The farmers parked tractors on a national highway near the town of Larissa in central Greece, where they faced off with […] Read more
Corteva CEO bullish on grain, oilseed prices for 2022
Reuters — Corteva expects prices for grains and oilseeds to remain high this year on record demand levels, its CEO said Thursday, following the insecticide and seed company’s upbeat sales outlook a day earlier. Global agriculture demand and prices for crops picked up pace in the fourth quarter of 2021, thanks to economies reopening and […] Read more
Nutrien eyes potash production boost amid turmoil in Russia, Belarus
Idled Saskatchewan mines could be restarted
Winnipeg | Reuters — Nutrien, the world’s biggest potash miner, could boost production by up to 29 per cent in coming years, depending on any sanctions facing rival producers in Russia and Belarus, the Canadian company’s interim CEO told Reuters. Prices of granular potash fertilizer are near 10-year highs in the United States and Brazil, […] Read more
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