High pasta prices set to boil over as Canada’s wheat withers

Reuters – Pasta lovers must brace to pay higher prices for their favourite dish, as drought in Canada and bad weather in Europe damages durum wheat crops and reduces supplies available to flour millers and food companies. Italy’s government called a crisis meeting in May as prices for the staple food jumped by more than double the national inflation[...]




Mosaic restarts Canadian potash mine

Reuters – Mosaic restarted a Canadian potash plant last month after idling it since December due to waning demand for the crop fertilizer. The company says it expects tight supplies through 2023. Mosaic restarted the Colonsay, Sask., mine to offset a short-term drop in potash production that was due to summer maintenance at the larger[...]


Nutrien may further slow potash expansion

Reuters – Nutrien may consider further slowing its expansion of potash capacity after falling prices and sales volumes led the world’s biggest fertilizer producer to cut its annual profit guidance. Potash prices have been volatile since Russia invaded Ukraine in February 2022. Sanctions against big global producers Russia and Belarus initially drove up prices, causing[...]



The soils of war

Reuters – When Ukraine recaptured Kherson in November, Andrii Povod returned to find his grain farm in ruins. Two tractors were missing, most of the wheat was gone and all 11 buildings used to store crops and machinery had been bombed and burned. The farm bears the scars of Russian shelling and unexploded ordnance riddles[...]



Cold and hungry

Reuters – In Canada’s remote north, residents have long paid dearly for food, and rising prices have worsened an already dire situation, exposing the vulnerability of one of the world’s biggest exporters of grains and meat. Communities in Nunavut have no roads to connect them with each other, forcing them to rely on fresh food[...]

Canadian farmers reap record profits as crop prices soar

Canadian farmers reaped record profits last year and are on track to do the same this year, the federal Agriculture Ministry said on Thursday, as prices for its top crops soared. Prices of canola hit all-time highs this month, rallying with oilseed rival soybeans, on brisk Chinese buying to produce feed for that country’s rebuilding[...]