Kiev | Reuters — Ukraine President Volodymyr Zelenskiy ordered his new government to submit a draft law for land market reform by the start of October and to prepare large-scale privatizations of state companies starting in April next year. Zelenskiy has pledged to lift a longstanding ban on the sale of farmland, a move that […] Read more
Ukraine president plans farmland reform, large privatizations
Pulse weekly outlook: India’s drought could be field pea opportunity
MarketsFarm — Though India has curbed its pulse crop imports from Canada in recent years due to disagreements over crop control and fumigation, a challenging growing season in India could make Canadian pulses more attractive. Drought-like conditions in key growing areas of India have killed dozens of people and endangered crops. According to Reuters, key […] Read more
U.S. grains: Soy, corn, wheat sag as trade news awaited
Chicago | Reuters — U.S. corn and soybean futures fell roughly one per cent on Wednesday and wheat slipped nearly three per cent on sluggish export demand for U.S. grains and a lack of news on U.S.-Chinese trade negotiations, traders said. “The single biggest potential factor right now that could turn these market dynamics is […] Read more
U.S. grains: Soybeans rise ahead of G20 talks, wheat declines
Chicago | Reuters — U.S. soybean futures firmed on Tuesday as brokers adjusted positions ahead of trade talks between China and the U.S. at the upcoming G20 meeting. Corn ended narrowly mixed while wheat futures fell on technical selling and worries about export demand for U.S. supplies. In addition, concerns eased about political tension between […] Read more
U.S. grains: Soybeans sag on fears of fading export prospects
Chicago | Reuters — U.S. soybean futures fell about two per cent and neared a four-week low on Monday on chart-based selling and worries about export prospects for U.S. supplies amid a trade war with China, traders said. Corn futures followed soybeans lower. But wheat futures rose on fears that Russian-Ukrainian tensions could inhibit grain […] Read more
U.S. grains: Export concerns push wheat, soybean futures lower
Chicago | Reuters — U.S. wheat futures fell two per cent on Tuesday, their fifth decline in the last six sessions, as investment funds cut their risk exposure to the grain following a surprise short-covering rally on Monday, traders said. Poor demand for U.S. wheat exports amid expectations of a jump in winter wheat plantings […] Read more
Prairie mustard acreage depends on spring moisture
CNS Canada — The 2018 mustard crop in Western Canada could hit half a million acres according to an industry expert, but he cautions that number could be much lower if dry soil conditions persist until spring. In 2017, there were 385,000 acres of mustard seed planted in Western Canada, down from 525,000 acres in […] Read more
Ukraine’s parliament extends ban on farmland sales
Kiev | Reuters — The Ukrainian parliament voted on Thursday to extend a ban on the sale of agricultural land by one year, delaying what financial backers say is a key reform essential to Ukraine’s long-term economic growth. The bill was backed by 236 lawmakers, narrowly over the 226 required to pass. Currently Ukraine’s more […] Read more
Ukraine farmers examine Canadian agriculture co-ops
A delegation of Ukrainian farmers were visiting agriculture co-ops this week, looking to see if the approach can benefit their grain businesses in Ukraine’s Dnipropetrovsk Oblast. In Ontario they visited Agris Co-op and Great Lakes Grain in Chatham, Agrico fertilizer storage outside London, an Agromart retail operation in Wellburn, and the Donkers’ dairy goat farm […] Read more
Ukrlandfarming owner in talks to sell stake
Kiev | Reuters — Ukrainian businessman Oleh Bakhmatyuk, the major shareholder in agricultural group Ukrlandfarming, is in talks with Chinese and Middle East investors about possibly selling a stake in the company, Interfax news agency said on Monday. Ukrlandfarming’s main businesses are grain and sugar production, livestock farming, the distribution of agricultural products and the […] Read more
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