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Reginald Conyers, a traveling busker, plays the trumpet outside a Safeway while people observing social distancing wait in line to enter the store in Oakland on March 20, 2020. (Photo: Reuters/Kate Munsch)
Crops, Markets

Panic buying, lockdowns may drive world food inflation

World has ample grain and oilseed supplies, FAO and analysts say

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Singapore | Reuters — Lockdowns and panic food buying due to the coronavirus pandemic could ignite world food inflation even though there are ample supplies of staple grains and oilseeds in key exporting nations, a senior economist at FAO and agricultural analysts said. The world’s richest nations poured unprecedented aid into the global economy as
Canada Malting’s processing plant in Montreal. (CanadaMalting.com)
Crops

GrainCorp’s global malting spinoff gets shareholders’ blessing

Canada Malting to go to new owner, United Malt Group

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Shareholders in the Australian owner of Canada’s biggest malt company have voted nearly all in favour of a spinoff for their worldwide malting assets. During their general meeting Monday in Sydney, participating shareholders in GrainCorp voted over 99 per cent in favour of resolutions which will see the company’s malt business become a standalone ASX-listed
(Dave Bedard photo)
Crops

Saskatchewan pares ag spending in estimates

Spending estimates released without revenue forecasts

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Saskatchewan expects to pull back its spending on agriculture by about $22.4 million in its 2020-21 budget year, mainly in a reduced outlay on business risk management (BRM) programs. Provincial Finance Minister Donna Harpauer on Wednesday tabled the province’s 2020-21 spending estimates with the “unusual step” of not including revenue forecasts, citing the current COVID-19
Cargill facilities’ offices will be closed to “walk-in” traffic during the COVID-19 pandemic, the company says. (CargillAg.ca video screengrab)
Crops

Prairie elevators’ staff aim for on-site distancing

Cargill, P+H elevators stay open but with arm's-length approach

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At least two Prairie grain handling firms plan to continue taking deliveries from farmers during the COVID-19 coronavirus pandemic — but to make the process as touchless as possible. Cargill, in a email to customers Wednesday, said its Canadian grain elevators, crush plants and ag input retail sites will remain open for deliveries and pickups,
(Dave Bedard photo)
Crops

No Prairie farm fuel shortages expected in pandemic

Continuity plans in place to keep fuel moving

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Prairie farmers shouldn’t see a disruption to their farm fuel distribution as a result of COVID-19 safety measures. “Our members are committed to minimizing disruptions to the Canadian fuel supply as a result of the pandemic response,” Canadian Fuels Association spokesperson Jason Vaillant said in an email. “Our members are working tirelessly to maintain operations
Roquette’s pea plant has promised to be a boon for the sector, but are growers ready to sign on the dotted line?
News

Farmers weighing the balance on Roquette pea contracts

The upcoming pea protein plant has gained a lot of attention, now farmers are wondering if the premium will be worth the trouble

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Farmers now see what Roquette wants in its first yellow pea contracts — and some are questioning whether there is enough bang for the buck to make the crop worthwhile. The company will be contracting yellow peas for its long-awaited plant in Portage la Prairie this year, ahead of the plant’s planned opening this fall.
File photo of wheat being loaded onto a bulk vessel at port in Russia. (YGrek/iStock/Getty Images)
Crops, Markets

Grain price slump attracts bargain-hunting by importers

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Hamburg | Reuters — The collapse in grain prices caused by concern about the global impact of the COVID-19 coronavirus has generated some bargain-buying by importing countries, traders said on Tuesday. But they said the extent was still limited and there were no signs importers were making especially large purchases to expand stocks. “We are
Some of Andre Harpe’s swathed canola is shown in this photo taken Feb. 28.
Crops

Harvest Part 2 looms for some as spring seeding approaches

Dealing with unharvested crops will be different on every farm but having a preliminary plan is still key

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Unharvested 2019 crop will be the first thing many western Canadian farmers will have to deal with this spring. There is no easy or one-size-fits-all answer on how to best handle these crops. The ideal option is probably to combine them because they’ll be worth something, crop insurance may require it, and this step removes
(iStock photo)
Crops, Markets, Pulses

Pulse weekly outlook: Increased demand seen, but problems loom

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MarketsFarm — Unlike other commodities, pulses aren’t yet feeling ill effects from an economic downturn due to the COVID-19 coronavirus outbreak, according to Marcos Mosnaim of Globeways Canada in Mississauga. With consumers panic-buying, there has been increased demand for pulses, as many are non-perishable, Mosnaim said. “These products will be there for ages,” he said,
File photo of a chickpea crop in India. (Nikhil Patil/iStock/Getty Images)
Crops, Weather

Unseasonal rain, hail damage winter crops in India

Crop quality issues may pressure prices

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New Delhi | Reuters — Unseasonal torrential rains and hailstorms have damaged the winter-planted crops of millions of Indian growers, inundating wheat, potato, chickpea and rapeseed farms in large parts of the fertile northern plains, farmers said. Most farmers were caught by surprise by the repeated rain and hail that has lashed fields full of

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