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[...]

Farmers test microbes to nourish crops as climate pressure grows, costs rise

Reuters – Tech companies are raising hundreds of millions of dollars, including backing from agriculture heavyweights like Bayer AG, in developing farm products that use living things like microbes and seaweed to nourish crops and lessen the need for synthetic fertilizer. Microbes, including fungi and viruses, have been available for decades as treatments to protect[...]


Nutrien eyes Russian invasion causing prolonged global fertilizer disruption

Reuters – Canada’s Nutrien, the world’s biggest fertilizer producer, said recently that Russia’s invasion of Ukraine could result in prolonged disruptions to the global supply of potash and nitrogen crop nutrients. Interim chief executive Ken Seitz said Nutrien will boost potash production if it sees sustained supply problems in Russia and Belarus, the world’s second-[...]

Nitrogen shortage threatens yields: CF Industries

Reuters – A shortage of nitrogen fertilizer due to soaring natural gas prices is threatening to reduce global crop yields next year, CF Industries, a major producer of the crop nutrient, said. European gas prices have jumped amid high demand, as economies recover from the pandemic and with below-average gas storage levels at the start[...]


Resource-rich Canada grapples with key commodity shortage: workers

Reuters – Canada’s economic recovery from the pandemic is being hampered by labour shortages across industries ranging from energy to aviation to agriculture, forcing companies to consider multiple salary hikes and offer other perks. Statistics Canada data Nov. 5 showed the national unemployment rate hit a 20-month low in October. The shortage of skilled and unskilled workers[...]

Dollars in the dirt

Reuters – The biggest global agriculture companies are competing on a new front: enticing farmers to join programs that keep atmosphere-warming carbon dioxide in the soil. Fertilizer producers Nutrien and Yara, agribusiness giant Cargill, and seed and chemical companies Corteva and Bayer are paying growers for every acre of land dedicated to trapping carbon underground,[...]


Drought forces ranchers to sell off their future

When rancher Dianne Riding strides across her brown pasture, sidestepping cracks and popping grasshoppers, she has less company than usual. Record-setting heat and sparse rain left Riding with too little grass or hay to feed her cattle near Lake Francis, Manitoba. She sold 51 head at auction in July, about 40 per cent of her[...]

Rocky Mountain dry

Where fly fisherman Shane Olson once paddled summer tourists around in a boat, he now guides them by foot – carefully navigating shallow waters one step at a time. “Every year, these rivers seem to be getting smaller, faster,” Olson, 48, said, whipping a gleaming fishing line over the Crowsnest River about 45 miles (72[...]


Continental rail deal seen boosting farm sales

Reuters – Canadian Pacific’s US$25-billion deal to buy Kansas City Southern will create a rail network from Canada to Mexico that farm groups say could smooth the flow of their goods to market. The deal, subject to approval by the U.S. Surface Transportation Board, would combine CP’s cross-Canada network, which stretches as far south as Kansas City,[...]