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Weather disruptions can lead to production losses across major agriculture-producing regions.
News, Other

Farm Credit Canada highlights three disruptors in 2020

The federal ag lender says climate change, protectionism and automation are the issues to watch this year

By
Farm Credit Canada (FCC) believes there are three major factors that will disrupt Canadian agriculture in 2020, according to a prepared statement from the federal agency. Those disruptors are climate change, protectionism and automation, which FCC chief agricultural economist J.P. Gervais said could promote or inhibit growth in the industry. “We call them disruptors for
While Canadian agribusinesses have already successfully started to find new customers, markets for major crops such as wheat, canola, soy and pulses face "barriers to further diversification."
Markets, News

Crop exporters face growing competition

Diversifying Canada’s customer base won’t be easy, FCC says in new report

By
Canada’s agri-food sector is highly dependent on export markets and efforts to diversify the existing customer base won’t be easy in the coming years because of growing competition, says a new report from Farm Credit Canada. While Canada stands in fifth place among the current agri-food exporting nations and has ambitious plans to move closer to first, it’s
CP Rail says closer collaboration with shippers helps it manage the challenging winter season while moving more grain than ever before.
News

CP Rail sets back-to-back grain-shipping records

That’s good news because there’s an above-normal amount of grain to move 
despite harvest delays

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CP Rail moved a record amount of grain in November, beating its previous record set in October. Meanwhile, CN Rail is gearing up its grain shipping after an eight-day strike resulted in delivering just 2,015 of the 5,409 cars elevator companies ordered for week 16 (Nov. 17 to 23) of the current crop year. The
News

METOS to come to Canada

Glacier FarmMedia and Pessl Instruments team up to market the farm management suite

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Farm management platform METOS is coming to Canada, Glacier FarmMedia and Austrian company Pessl Instruments announced December 11. The two companies announced a joint venture to create METOS Canada to market and support digital smart ag services. “We are focused on helping farmers find solutions to the challenges of managing inputs and allocating their human
A truck unloads soybeans imported from Brazil on the quay of a port in Nantong city, east China’s Jiangsu province.
Markets, Oilseeds

Chinese importers scoop up Brazilian soybeans

Uncertainty over a U.S.-China trade deal has been causing buyers to lock up supplies

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Chinese buyers scooped up at least 20 cargoes of Brazilian soybeans last week as uncertainty over a trade deal with the United States sent them rushing to lock in supplies, traders said Nov. 25. Importers also jumped on the new-crop Brazilian beans because of attractive margins, said two traders who declined to be identified. The purchases were for
Currency volatility important to remember
Markets, Other

Currency volatility important to remember

We’re currently at the low end of the historic range for the loonie’s value against the greenback


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Canada exports almost a third of its gross domestic products of goods and services. And when it comes to agriculture, those percentages are even higher. Based on statistics from the Canadian Agri-Food Trade Alliance, we export 50 per cent of our beef/cattle, 65 per cent of our malt barley, 70 per cent of our soybeans,
Comment, Op/Ed, Other

Comment: Behind Maple Leaf Foods’ bold call to become carbon neutral

The company is now listening to consumers, not just customers, in an effort to grow

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Maple Leaf Foods is not just pretending to be environmentally friendly, it is trying to be a trailblazer. The company has just adopted science-based targets that will help it become the first major agri-food company in the world to be carbon neutral. It’s so un-Canadian to be first, to set a world standard, especially in
Markets, News

Australian terminal deal passes major regulatory hurdle

The deal is a precursor to a ‘demerger’ of GrainCorp’s malt division

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Reuters – Two of Australia’s largest grain handlers are one important step closer to a key asset sale. GrainCorp passed a major regulatory hurdle November 15 to sell its Australian bulk liquid terminals business to ANZ Terminals, propelling its shares around eight per cent higher. The clearance from the Australian Competition and Consumer Commission (ACCC)
Manitoba shipped 3.9 million tonnes of grain through the Port of Thunder Bay this crop year.
News

Manitoba Thunder Bay grain shipments set modern record

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For the first time in 20 years, Manitoba shipped more grain through the Port of Thunder Bay than Saskatchewan. “Historically, Manitoba grain has accounted for about a third of the grain shipments through Thunder Bay,” Chris Heikkinen, the port’s communications and research co-ordinator, said in an email Nov. 5. “This has changed over the past
Canola production on the Prairies takes a weather hit
Grain Markets, Oilseeds

Canola production on the Prairies takes a weather hit

But that effect on production may have already been digested by the market

By
Poor harvest weather definitely cut into the size and quality of this year’s Canadian canola crop, with a large percentage still in the fields heading into the end of October. However, that supportive supply-side story may be factored into the futures for the time being, with the market now in need of some fresh demand

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