Proudly Canadian
Proudly Canadian
Farmers in drier regions of the western Prairies flirted with canola but are turning back to the tried and true
Attractive prices and weather issues are expected to help farmers in Canada take a serious look at seeding more acres to wheat this summer than in previous years, according to industry sources. “Last year a lot of farmers took a chance with canola given the high financial returns, but the drier-than-anticipated conditions across parts ofMost of the increased production will be absorbed by higher demand and end-season stocks are expected to rise by only two million tonnes
World wheat production in 2013-14 is tentatively expected to rise by four per cent, the International Grains Council said Feb. 21, issuing its first forecast for next season’s supply-and-demand balance for the commodity. “Much (of the increase) is expected to be absorbed by higher demand and end-season stocks are likely to rise by just twoIndustry insiders say $2.2 billion will be pumped into wheat research in the coming decade and that will be a game changer
If research into the crop pays off, King Wheat is ready to elbow aside canola, say some industry experts. Seed and chemical companies are pumping up their research and will soon be turning out new seed varieties, treatments and fungicides, Todd Ormann, head of crop portfolio for cereals at Syngenta Canada, told attendees at theTariffs still hinder canola’s access to China, Japan, Korea and the EU but non-tariff barriers are emerging
Some countries are still slapping import-limiting tariffs on Canada’s canola, but the industry warns this country’s most valuable commodity crop is “uniquely susceptible” to non-tariff barriers emerging at an increasing rate. Both types of barriers in key export markets are targeted in the Canola Council of Canada’s new market access strategy — and will require
