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Nutrien’s potash mine near Rocanville, Sask. (Nutrien.com)
Crops, Markets

Nutrien to further bump up potash output

'Continued tightening' in market cited as potash producer Belarus sanctioned

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Winnipeg | Reuters — Canadian fertilizer producer Nutrien said Monday it would boost its 2021 potash output by 500,000 tonnes, after the European Union and others imposed new trade sanctions on Belarus. Nutrien’s increase takes its potash sales outlook this year to a record-high range of 13.3 million to 13.8 million tonnes, and follows a
CBOT July 2021 soybeans (candlesticks) with Bollinger bands (20,2) and November 2021 soybeans (yellow line). (Barchart)
Crops, Markets, Weather

U.S. grains: Soybeans firm on long-term forecast, China demand

Wheat mixed on winter crop harvest, spring wheat drought

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Chicago | Reuters — U.S. soybean futures advanced on Monday on renewed buying by China and as concerns lingered about dry conditions in western portions of the Midwest farm belt despite scattered storms over the weekend. Corn futures were mostly lower as rain in the central corn belt boosted crop prospects, while wheat was mixed
Global food import costs to surge
News

Global food import costs to surge

A double-digit surge is expected this year, the UN’s Food and Agriculture Organization says

By
Global food import costs are expected to rise 12 per cent in 2021 to a record due to surging commodity prices and robust demand during the COVID-19 crisis, the United Nations food agency said. The world’s food import bill, including shipping costs, is projected to reach $1.715 trillion this year, from US$1.530 trillion in 2020,
A hawk on a fence post in Saskatchewan’s Qu’Appelle Valley. (Bobloblaw/iStock/Getty Images)
Crops

Indigenous-led ag projects get federal funding

Funding to support business planning and other studies

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Sixteen projects to help support Indigenous-led food system initiatives will receive $4 million from the federal government. “Our government is working to create a more inclusive agriculture sector that respects the values of Indigenous Peoples,” Agriculture Minister Marie Claude Bibeau said in a statement Friday. “These investments are intended to ensure that Indigenous Peoples have
A vineyard at Naramata in B.C.’s Okanagan Valley. (File photo by Dave Bedard)
Markets

B.C. again waives ag income threshold for farm properties

Some farms otherwise risked property tax reclassification

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British Columbia farmers who’ve taken pandemic-induced losses in farm income will be able to keep their farm properties classified as such for another tax year. The province on Monday announced that for the second year running, it will waive the minimum farm income thresholds normally required for B.C. properties to be classified as farms for
Lisa Thompson. (Lisathompsonmpp.ca video screengrab via YouTube)

Ontario names new ag minister in shuffle

Lisa Thompson replaces Ernie Hardeman

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Ontario Premier Doug Ford has drawn another aggie from his existing cabinet to replace Ernie Hardeman as his agriculture minister. Ford on Friday announced a major cabinet shuffle, dropping Hardeman, the long-time MPP for Oxford, from the cabinet table and naming Lisa Thompson as minister for agriculture, food and rural affairs. Thompson, who until Friday
CBOT July 2021 corn (candlesticks) with CBOT July 2021 wheat (orange line) and July 2021 soybeans (dark green line, left column). (Barchart)
Crops, Markets, Weather

U.S. grains: Corn, soy, wheat up after sell-off

Some traders feel Thursday's sell-off overdone

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Chicago | Reuters — U.S. corn, soybean and wheat futures rose sharply on Friday, rebounding from steep declines a day earlier on bargain-buying ahead of the weekend and uncertainty about weather in the Midwest crop belt, analysts said. Fresh export interest lent support as this week’s break in futures appeared to stimulate demand. Chinese state-owned
CBOT July 2021 corn (candlesticks) with MGEX, CBOT and K.C. July 2021 wheat (green, black and orange lines). (Barchart)
Crops, Markets, Weather

U.S. grains: Corn, soy plunge on weather, broad commodities sell-off

CBOT wheat follows trend lower

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Chicago | Reuters — U.S. corn and soybean futures fell sharply on Thursday, pressured by outlooks for rain and cooler temperatures in the Midwest crop belt, as well as spillover from broad-based selling in the commodities sector, analysts said. Wheat followed the weaker trend, with seasonal pressure noted from the U.S. winter wheat harvest. Chicago
A DOT (now OmniPower) autonomous unit at work on the Olds College Smart Farm. (Olds College video screengrab via YouTube)
Crops, Weather

College farms, GFM Discovery Farm to get smarter together

Two Alberta colleges sign on for new CAAIN-backed network

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A pair of Alberta college farms and Glacier FarmMedia’s Saskatchewan farm are the first to plug into a national network of “smart farms” to improve the ag sector’s smart technology experience. The Olds College Smart Farm will lead the Pan-Canadian Smart Farm Network, which will also include Glacier FarmMedia Discovery Farm at Langham, Sask. and

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