Winnipeg | Reuters –– China and the Philippines have suspended imports of Canadian beef due to Canada’s detection in December of a cow infected with bovine spongiform encephalopathy (BSE), a […] Read more
China, Philippines suspend beef imports from Canada on BSE case
Nutrien makes surprise CEO switch again despite strong profits
Abrupt change 'mighty perplexing' to analysts
Reuters — Canada’s Nutrien, the world’s biggest fertilizer producer by capacity, surprised investors by replacing its chief executive on Tuesday for the second time in eight months, even as the […] Read more
Resource-rich Canada grapples with key labour issues
From agriculture to the oilpatch, lack of labour is driving up wages
Canada’s economic recovery from the pandemic is being hampered by labour shortages across industries ranging from energy to aviation to agriculture, forcing companies to consider multiple salary hikes and offer […] Read more
Fertilizer shortage may lead to spring scramble
'It's next year's prices I'm worried about'
Reuters — A global shortage of nitrogen fertilizer is driving prices to record levels, prompting North America’s farmers to delay purchases and raising the risk of a spring scramble to […] Read more
Panicked shoppers clear out flood-hit B.C.’s grocery stores
Reuters — Shoppers in British Columbia have emptied grocery shelves following catastrophic flooding, although the shortages are as much down to panic buying as disrupted supply chains, industry associations said […] Read more
Canada’s drought forces canola importers to turn elsewhere
'Importers...are going to be left out in the cold'
Winnipeg | Reuters — Canada’s smallest canola harvest in 13 years, resulting from severe drought, is forcing importers like Japan and Mexico to pay more or scour other countries for […] Read more
Federated Co-operatives looks to sell oil-producing business, keep refinery
Winnipeg | Reuters — Federated Co-operatives Limited (FCL) put its oil production business up for sale this week, according to a marketing document obtained by Reuters, but the co-op said […] Read more
Millers, bakers fret as drought withers North America’s spring wheat
Reuters – Millers and bakers are draining wheat reserves and paying more for spring wheat used in baking, as drought shrivels crops across the Canadian Prairies and northern U.S. Plains […] Read more
Potash partnership with BHP ‘not our focus,’ Nutrien executive says
Prices surging on rising demand, Belarus sanctions
Winnipeg | Reuters — Canadian potash producer Nutrien is not focused on any potential collaboration with miner BHP Group, a senior Nutrien executive said Tuesday in the company’s first public […] Read more
Nutrien to further bump up potash output
'Continued tightening' in market cited as potash producer Belarus sanctioned
Winnipeg | Reuters — Canadian fertilizer producer Nutrien said Monday it would boost its 2021 potash output by 500,000 tonnes, after the European Union and others imposed new trade sanctions […] Read more