Winnipeg | Reuters — Chicago wheat fell on Monday to a three-month low, as commodity and equity markets dropped on concern about the impact of rare protests in China against its strict anti-COVID-19 policy. Cheap supplies from Russia and elsewhere in the Black Sea are adding competition for U.S. wheat, and prices have slipped to
U.S. grains: Wheat tumbles to three-month low in broad sell-off
Soybeans rise on export sales, renewable fuel talk
U.S. nitrogen exports jump as Europe scrambles for fertilizer
Limited ability to backfill means there may be future “crisis of availability”
Reuters – American exports of nitrogen fertilizers jumped to a multi-year high this summer after surging natural gas prices in Europe drove up costs of producing the crop nutrient there, making U.S. shipments more competitive. The brisk U.S. sales highlight the far-reaching effect of the war in Ukraine on global food and energy supplies. Russia,
Fiona batters Eastern Canada’s farms, fishery
'You'll hear me swearing in Saskatchewan'
Winnipeg | Reuters — Powerful storm Fiona slammed into Canada’s eastern fishing and farm industries over the weekend, smashing wharves, food processing plants and barns that will take months to repair. One of the worst storms Canada has ever faced left more than one-third of customers in Nova Scotia without power, swept homes into the
Canada can cut fertilizer emissions 14 per cent by 2030, industry groups say
Report touts use of 4R practices
Winnipeg | Reuters — Canadian farmers can reduce greenhouse gas emissions from applying nitrogen fertilizer by 14 per cent by 2030 through adoption of more sustainable farm practices and new technology, without any overall reduction in fertilizer use, agriculture industry groups said on Wednesday. Such reductions of nitrous oxide from 2020 levels would fall well
Cold and hungry
Northern residents say rising food costs creating new and growing economic challenges
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
Nutrien’s interim CEO named CEO
Seitz sees 'a lot of uncertainty' continuing in market
Reuters — Canada’s Nutrien Ltd., the world’s largest potash fertilizer producer, named Ken Seitz as chief executive on Monday, removing the interim tag. Nutrien in January surprised investors by replacing its CEO for the second time in eight months. It then named Seitz, the head of its potash business, as interim CEO, replacing Mayo Schmidt.
Cold and hungry: Food inflation bites Canada’s North
'It's really expensive to do business here'
Iqaluit | 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 — the largest of the three territories that make up Canada’s northernmost region —
Recovery from grain production shortfalls could take years
Many factors have weighed in to produce tight global grain stocks
Reuters – Eric Broten had planned to sow about 5,000 acres of corn this year on his farm in North Dakota, but persistent springtime rains limited him to just 3,500 in a state where a quarter or more of the planned corn could remain unsown this year. The difficulty planting corn in the northern United
BHP open to potash partner but still will enter fertilizer business alone
Feds put $100M toward reducing emissions at BHP site
Ottawa | Reuters — BHP Group is open to taking on a partner as it builds its first potash mine in Saskatchewan, but can also go it alone and is not currently involved in discussions with rival Nutrien, a senior BHP executive said Monday. “We are more than happy and willing to work with partners.
Nutrien to further boost potash output amid global shortage
Company will also speed up nitrogen capacity boosts
Reuters — Nutrien, the world’s largest fertilizer producer, said Thursday it will increase its Canadian potash production by 20 per cent to an annual 18 million tonnes by 2025, helping to address tight supplies that have contributed to a global food shortage. Potash prices have soared since the West imposed sanctions against Russia for Moscow’s
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