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A vessel is seen arriving at Odesa in southern Ukraine under the Black Sea Grain Initiative on April 12, 2023. (Photo: Yulii Zozulia/Nurphoto via Reuters Connect)
News, Reuters

Ukraine introduces minimum export prices for major agricultural goods

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Kyiv | Reuters – Ukraine has introduced a new system for exporting key agrarian goods, including grains, which implies a ban on shipping consignments of goods at prices below those set by the agriculture ministry. Ukraine is a major grain and oilseeds grower and exporter and the new system became operational on Dec. 1. The government
Manitoba Premier Wab Kinew (seated) and Manitoba agriculture minister Ron Kostyshyn during the Jan. 16, 2024, announcement at Manitoba Ag Days.
Local news, News

Lower premiums, new pilot for veggies ahead for crop insurance

Crop insurance changes were announced at Manitoba Ag Days on Jan. 16

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Manitoba producers can expect lower crop insurance premiums on most products, attendees of Ag Minister Ron Kostyshyn’s Manitoba Ag Days address heard Jan. 16. Average premiums for annual crops under AgriInsurance are expected to hit $16.21 per acre in 2024, down from $19.21 in 2023. It’s a good news, bad news scenario for producers. [VIDEO:
‘We didn’t hear any Wheat Grower concerns about bread price last year when wheat prices were pushing $15 per bushel.’ – John Morriss.
Op/Ed, Opinion

Opinion: Fighting for low prices

One bushel of barley can make 500 bottles of beer, but the Wheat Growers are asking for help to make it cheaper

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Glacier FarmMedia – It used to be that if you wanted to raise a farmer’s blood pressure, you only had to suggest that an increase in bread prices was due to a change in the price of wheat. If you were around then, you’ll remember that food prices had risen so far that the government
Green lentils. (Savany/iStock/Getty Images)
Grain Markets

Expert’s Radar: Competition and retribution in view

Questions on export demand await wane of harvest pressures

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Harvest operations are in their final stages across Western Canada, with all of that newly harvested grain looking for a home. Seasonal trends in grain markets weigh on most crops at this time of year as the supply/demand balance is flush with new supplies, but the long-range price direction will soon refocus on demand. Exports
photo: pavelrodimov/istock/getty images
Grain Markets, News

Organic grain price discovery hub launches

Platform will provide vital stats, buyer directory to a data-starved sector

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The often data-starved Prairie organic sector has launched a new price-discovery and marketing tool for farmers. “Organic grain producers in Canada have few resources to help them navigate the local and international marketplace,” said Marie-Eve Levert, director of business development for the new Organic Grain Hub, in a Sept. 21 news release. “There is a
Trucks wait for crossing into Poland at the Rava-Ruska border checkpoint in Ukraine’s Lviv region on April 17, 2023. (Photo: Reuters/Roman Baluk)
Crops, Markets

EU sets Ukraine grain import restrictions in five countries until June 5

Supports pledged for farmers in those countries

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Brussels | Reuters — The European Commission said on Tuesday it set restrictions until June 5 on imports of Ukrainian wheat, maize, rapeseed and sunflower seed to ease the excess supply of these grains in Bulgaria, Hungary, Poland, Romania and Slovakia. The EU executive arm said that during that period, Ukrainian wheat, maize, rapeseed and
Trucks wait for crossing into Poland at the Rava-Ruska border checkpoint in Ukraine’s Lviv region on April 17, 2023. (Photo: Reuters/Roman Baluk)
Crops, Markets

Bans on Ukrainian grain imports mount as Kyiv seeks transit deal

Poland, Hungary ban imports; Slovakia follows

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Kyiv/Rava-Ruska, Ukraine | Reuters — Slovakia on Monday joined Poland and Hungary in banning grain imports from Ukraine as even Kyiv’s staunchest allies come under domestic pressure to shield their agriculture markets. The heat is mounting on Brussels to work out a European Union wide solution after Warsaw and Budapest announced bans on some imports
‘In the long run, commodity grain prices tend to gravitate toward the lowest cost, most efficient group of producers. But in the short and medium terms, a lot can and will happen…’
Grain Markets, Markets

Watching patterns of grain pricing

Have grain prices reached a new trading range, or will they come down?

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Economics, investor sentiment and trader psychology are all popular buzzwords that try to explain human nature, but they are nothing new. They have been around as long as humans, markets and trade have been around. They are all just another way of trying to figure out what the heck is going on. The study of

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