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Tag Archives crop prices

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Crops, Markets

Pulse weekly outlook: AAFC forecasts larger dry pea, lentil crops  

Dry pea prices have seen gains over the week; lentils steady to higher

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Agriculture and Agri-Food Canada forecasted increases in the production of dry peas and lentils for the 2024/25 crop year compared to those in 2023/24. AAFC issued its first supply and demand report for the calendar year on Jan. 22, which included the department’s preliminary estimates for the coming crop year. The data was not based on farmer surveys or satellite models. 
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Crops, News

Crop revenue ‘mowed down’ by falling prices

Producers can expect a profitability pinch compared to last year

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Glacier FarmMedia – Last year was the most expensive crop to ever be planted on the Prairies. In 2024, farmers will spend less on fertilizer, diesel and other inputs, but costs are only marginally lower, said Darren Bond, a farm management specialist with Manitoba Agriculture, “The crop this year … the cost of putting in
Photo: Thinkstock

How El Niño threatens emerging market economies

Significant changes to rainfall, or prolonged droughts, could also impact hydropower output, boost food, fuel prices

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London | Reuters – Countries around the world are battling heatwaves and floods fueled by El Niño, a naturally occurring climate phenomenon that has a 90 per cent probability of persisting in the second half of 2023, according to the World Meteorological Organization. The worldwide impact can be enormous, but the stakes are higher for
Green lentils. (Savany/iStock/Getty Images)
Crops, Markets, Pulses

Pulse weekly outlook: lentils poised to go either way pricewise 

Everything is dependent on the yields come harvest says analyst

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MarketsFarm – Before the harvest of lentils gets underway across the Canadian Prairies, there has been some speculation as to which way prices could go, according to Levon Sargsyan of Johnston’s Grain.  “Of the two stories I’m getting, one is from farmers, and one is from buyers, and of course there’s bias,” Sargsyan commented.  “[The
We must assume that the situation that developed in 2022 is apt to occur again, and that next time it may not work out as well as it apparently has in 2022.
Op/Ed, Opinion

Opinion: The dodged bullets of 2022

Ag policy needs to be prepared if last year’s lifelines don’t reappear

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Canadian grain and oilseed producers experienced a surge in major crop input expenses in 2022. At the same time, the market for grains and oilseeds was exceptionally volatile. This dynamic was critical in determining farm incomes in 2022 and has much to say on what farmers need from agricultural policy. To investigate this issue, the
(Dave Bedard photo)
Crops

Bunge reportedly ready to replace CEO

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Reuters — Bunge Ltd. is preparing to replace its CEO Soren Schroder as the global grains trader faces investor pressure, the Wall Street Journal reported on Friday, citing sources. The company is expected to announce the CEO’s departure in the coming days, the report said, citing people familiar with the matter. The grains trader was
U.S. President Donald Trump addresses a meeting of the National Space Council in the East Room of the White House in Washington on June 18. (Photo: Reuters/Leah Millis)
Crops

Trump’s tariff war threatens to erode support of farmers

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Chicago | Reuters — President Donald Trump’s tariff battle with key buyers of U.S. apples, soybeans and corn threatens the support of some of his biggest backers — U.S. farmers now seeing their livelihoods in jeopardy. Farmers overwhelmingly supported Trump in the 2016 election, welcoming how he championed rural economies and vowed to repeal estate
(Dave Bedard photo)
Crops, Markets

Fertilizer prices look to rise by late summer

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CNS Canada — A rise in prices for soybeans and other crops could make fertilizer more expensive in the coming months, according to a major player in the industry. In the May market report from the Mosaic Co., the company credited the rally in agricultural commodity prices, the strengthening of key currencies and various Indian
Adjusting production to lower prices is a slow process in crop agriculture
Comment, Crops

Adjusting production to lower prices is a slow process in crop agriculture

Aggregate crop production tends to remain steady in the face of lower prices, 
essentially locking in low prices for long periods of time

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There are several reasons why farmers do not respond in textbook fashion to a reduction in prices by making a proportional reduction in production. Farmers must begin planning for a given crop at least two years before the marketing year for that crop comes to a close. Most of these decisions have to be made

AgCanadaTV

AgCanadaTV: In case you missed it; your national ag news recap for Jan. 16, 2026

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