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(File photo by Lisa Guenther)
Crops, Markets

Corteva CEO bullish on grain, oilseed prices for 2022

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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
File photo of Canpotex potash cars. (Dave Bedard photo)
Crops, Markets

Nutrien eyes potash production boost amid turmoil in Russia, Belarus

Idled Saskatchewan mines could be restarted

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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,
Sites like the Princes Creek Dam on Swan Lake First Nation have become a major location for the federal Living Labs initiative.
News

How First Nations priorities are informing novel ag practices

Swan Lake First Nation is a major player in a multi-stakeholder initiative looking for new solutions on land and water management

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The goal was to capture the best of both worlds — a productive agriculture landscape while protecting the surrounding natural ecosystem. The unlikely scene is 13 acres of potato land, owned by Swan Lake First Nation (SLFN), and rented out to a neighbouring farmer. The land has newly installed tile drainage to manage water and
Riparian buffer zones might be attractive from a simplicity perspective, but they’ll need to be just part of the run-off solution.
Crops

An unfiltered take on riparian areas

Buffer zones aren’t a silver bullet for managing and treating field run-off

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Brandon University environmental science researcher Alex Koiter is a fan of riparian areas for a lot of reasons. They help prevent stream bank erosion. They’re hot spots for biodiversity and provide corridors for wildlife to move. They have a role in flood management. But if agriculture is looking for a solution on nutrient run-off, he
ICE March 2022 canola (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)
Crops, Markets

ICE weekly outlook: Choppy canola trade expected

Old-crop 'likely pushing the upper limits'

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MarketsFarm — A speculative selloff weighed heavily on the ICE Futures canola market during the week ended Wednesday, before the selling subsided and prices regained much of their lost ground. “For prices this high, that’s pretty routine stuff,” said Ken Ball of PI Financial in Winnipeg on the $80 per tonne drop in the nearby
Sprayer expert Tom Wolf says farmers will need to manage crop protection products more closely than ever next season.
News

Spray is scarce. Here’s how you can make it stretch

With a looming chemical shortage, it’s going to be important to do more with less this spring

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A host of seemingly unrelated incidents including another round of COVID-19, the upcoming Winter Olympics and the current world supply chain issues have brought about an odd perfect storm. The component chemistries that make up herbicides are harder to get, so herbicides are not as plentiful and they’re more expensive. Consequently farmers may have to
Environment Canada’s forecast probabilities of precipitation for the January-through-March period. (Weather.gc.ca)
Crops, Livestock, Other, Weather

Colder-than-normal Prairie winter forecast

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MarketsFarm — Colder-than-normal temperatures are in the long-range forecast across Western Canada over the next three months, while much of Eastern Canada should be warmer. The latest seasonal forecast from Environment Canada, released Friday, calls for a 50 to 90 per cent chance of below-normal temperatures from January through March for the four western provinces.
Louis Dreyfus’ oilseed processing plant at Yorkton, Sask. (LDC.com)
Crops

Dreyfus chair owes US$240 million after ADQ deal

Stake sale's proceeds going to repay loan

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Paris | Reuters — Margarita Louis-Dreyfus, chairperson and main shareholder of Louis Dreyfus Co., borrowed about $240 million from Credit Suisse in a reduced loan arrangement following the sale of a stake in LDC, an annual company report showed. Louis-Dreyfus told Swiss business magazine Bilanz in late 2020 she planned to use the proceeds of
Mayo Schmidt, shown here speaking in Winnipeg in 2007, has “left his position” as Nutrien’s CEO and resigned from its board, the company said Jan. 4. (Dave Bedard file photo)
Crops

Nutrien makes surprise CEO switch again despite strong profits

Abrupt change 'mighty perplexing' to analysts

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Reuters — Canada’s Nutrien, the world’s biggest fertilizer producer by capacity, surprised investors by replacing its chief executive on Tuesday for the second time in eight months, even as the company rakes in strong profits. Nutrien said in a statement it named Ken Seitz, the head of its potash business, as interim chief executive after

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