MarketsFarm — Despite prices higher than last year’s, Canada’s chickpea acres are expected to decline this year and, in turn, will result in less production in the 2021-22 crop year. […] Read more
Tag Archives canada
Pulse weekly outlook: Chickpea acres ‘sharply’ down
USDA expects record world wheat crop in 2021-22
MarketsFarm — The latest U.S. forecast puts world wheat production at a new record in 2021-22, with bigger crops in a number of countries more than offsetting expected decreases in […] Read more
Walmart locks in CRSB claim for in-store beef brand
Chain to be first retailer in Canada with certified-sustainable label on pack
The Canadian arm of Walmart has locked in enough of a supply of certified-sustainable beef to label its entire Your Fresh Market burger patty line accordingly. The retail giant announced […] Read more
‘Extreme drought’ expands in Prairies
Southern Manitoba, southeastern Saskatchewan parched
MarketsFarm — The newly released map from Agriculture and Agri-Food Canada’s Canadian Drought Monitor (CDM) shows the Prairies’ ongoing drought getting worse. According to AAFC’s nationwide map released on Friday, […] Read more
Morocco reimposing 170 per cent duty on hard wheat
Rabat | Reuters — Morocco will reimpose customs duty on soft and hard wheat of 135 and 170 per cent respectively from May 15 in order to cut imports at […] Read more
Canada left with very tight canola, barley stocks
'You can't find canola anywhere in the country'
MarketsFarm — Statistics Canada’s grain stocks report leaves no question that canola stocks have been tight for some time in Canada and will continue to be unless demand is slashed, […] Read more
Cervus expects chip shortages may continue into fall
Deere dealer chain books increased Q1 profit
The semiconductor chip shortage plaguing automotive and equipment manufacturers may last into the second and even third quarters of the year, farm equipment retailer Cervus Group says. Calgary-based Cervus — […] Read more
Ocean freight rates at decade highs
MarketsFarm — Ocean freight rates have climbed steadily higher over the past year, recovering from the lows hit at the start of the pandemic in early 2020 to see their […] Read more
U.S. grains: Corn tops $6 a bushel, soy at seven-year high
CBOT wheat also books life-of-contract high
Chicago | Reuters — U.S. corn futures climbed to their highest in nearly eight years on Tuesday and soybean futures neared a seven-year high as tightening supplies supported cash markets […] Read more
Federal budget to offer direct payments to farmers for carbon pricing
Other new 'green growth' funding also on deck
The federal government’s 2021 budget offers up new spending to support farmers combatting climate change through targeted investments — and, in some cases, direct payments. Finance Minister Chrystia Freeland released […] Read more