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Daily Network News

  • ECCC will create a new hybrid weather forecasting model, combining the predictive abilities of AI and traditional physics-based meteorology and the department’s knowledge of local factors for wind, temperature and precipitation. Photo: Don Norman

    Federal forecasters to add AI to improve weather predictions: ECCC

    44 minutes ago
  • The U.S. Climate Prediction Center said on Thursday that El Niño has a 61 per cent chance of developing between May and June 2026 and is expected to persist through at least the end of 2026. Photo: lovelyday12/istock/Getty Images

    El Niño risk building, U.S. forecaster says; ENSO-neutral expected to continue to June

    3 hours ago
  • ICE weekly: War news driving canola markets

    20 hours ago
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Daily news

Cattle being sold at the Gladstone Auction Mart in Gladstone, Manitoba, on October 28, 2025. Photo: File
Beef cattle, Livestock, Markets

Klassen: Stronger barley prices weigh on feeder cattle values

By Jerry Klassen March 24, 2026
For the week ending March 21, Western Canadian feeder cattle markets traded $10/cwt higher to $10/cwt lower compared to seven days earlier. Backgrounded replacements were quite variable with sharper discounts noted on fleshier groups. The heifer discount to steers appeared to be wider in some cases but it was largely based on quality features. Calves

A Pakistan Navy ship escorts a Pakistani merchant vessel, as part of a maritime security operation, named Muhafiz-ul-Bahr, as regional tensions threaten key sea routes, amid the U.S.-Israeli conflict with Iran, at an unidentified location, released March 9, 2026, in this screen grab taken from a handout video. Photo: ISPR/Handout via REUTERS
News, Reuters

Russia stops ammonium nitrate exports for one month amid global supply crunch

By Reuters March 24, 2026
Russia, which controls up to 40 per cent of the global trade in ammonium nitrate, said on Tuesday it will stop exports of the fertilizer for one month until April 21 to ensure sufficient supply during the spring planting season.


Aerial view of Prairie farmland showing a patchwork of crop fields in varying colours across a flat agricultural landscape. Photo: file
News

Farmland climbs higher in spite of headwinds: Farm Credit Canada report

By Robert Arnason March 24, 2026
In a year with trade disruptions, higher input costs and economic uncertainty, agricultural land in Canada continued to climb higher in value

FCC raises inflation forecast on surging commodity prices
News

FCC raises inflation forecast on surging commodity prices

Canadian consumers may have little if any cushion remaining against future economic shocks, ag lender warns

By Geralyn Wichers March 23, 2026
Farm Credit Canada has raised its 2026 forecast for overall inflation as commodity prices spike due to war in the Middle East.


Without naming China, USTR quoted a January speech by Greer in which he said that some countries structurally export more than they import to seek a “shortcut to growth at others’ expense.” Photo: kevinjeon00/Getty Images Plus
News, Reuters

U.S. urges WTO members to rethink core tariff rule in face of China threat

By David Lawder, Reuters March 23, 2026
The Trump administration on Monday urged World Trade Organization members to rethink the body’s core principle of “Most Favored Nation” bound tariff rates, arguing in a new position paper that this has led to discriminatory practices and imbalanced trade, including with China.

Speculators add to bullish bets in canola
Markets

Speculators add to bullish bets in canola

By Phil Franz-Warkentin March 23, 2026
The speculative net long position in canola continues to grow, hitting its largest level in eight months according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC) released Friday, March 20.


Photo: Greg Berg
Crops, Markets, Reuters

EU crop monitor sees lower soft wheat and rapeseed yields in 2026

By Reuters March 23, 2026
Crop monitoring service MARS said on Monday it expects the European Union’s average soft wheat yield to reach 5.98 tonnes per hectare this year, five per cent lower than in 2025.

USDA attachés forecast some changes in China’s oilseeds, cereals
canola, Cereals, Markets, News, soybeans, spring-wheat, winter-wheat

USDA attachés forecast some changes in China’s oilseeds, cereals

By Glen Hallick - MarketsFarm March 20, 2026
As China heads into the 2026/27 marketing year, the United States Department of Agriculture attachés in Beijing projected a few minor to moderate changes in the country’s soybean, canola, corn and wheat crops.


Photo: Geralyn Wichers
Livestock, News, Reuters

China urges hog producers to manage output, vows timely reserve adjustments

By Reuters March 20, 2026
China’s state planner on Friday said authorities will make timely adjustments to hog reserves and continue to strengthen the management of hog production capacity.

Borrowers from the Farm Credit Canada program will be able to receive a new or additional credit line of up to $500,000 to modify terms and to defer principal payments on existing loans. Photo: File
News, Reuters

Farm Credit Canada offers aid to farmers, companies affected by Iran war price spikes

By Geralyn Wichers, Jonah Grignon March 20, 2026
Canada’s federally backed farm lender is offering financial aid to farmers, agricultural businesses and food companies hit by the spike in fertilizer and energy prices, it said on Friday.


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