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 […] Read more
Tag Archives crop prices — page 3
Pulse weekly outlook: lentils poised to go either way pricewise
Everything is dependent on the yields come harvest says analyst
Bunge reportedly ready to replace CEO
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 […] Read more
Trump’s tariff war threatens to erode support of farmers
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 […] Read more
Organic commodity prices still hard to track
Solid information on organic crop pricing remains elusive, especially for the Canadian market. There are similar problems in the rest of the world where fraud and a lack of data have made it challenging for organic farmers and marketers to set prices. Ryan Koory of Mecaris, an organic trading company, however, says that there’s little […] Read more
Fertilizer prices look to rise by late summer
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 […] Read more
Trends for 2016: Pulses expected to steal acres from cereals
CNS Canada — Canadian farmers are expected to seed more pulse crops at the expense of cereals in 2016, according to early projections from industry experts looking at current market trends. “Definitely we’ll see an increase in pulse crop acreage,” said Bruce Burnett, weather and crop specialist at G3 Canada. Lentils and peas are seeing […] Read more
U.S. sees El Nino as near-certain to last through summer
New York | Reuters — The El Nino climate phenomenon is almost certain to last through the Northern Hemisphere summer, the U.S. weather forecaster said, raising the chance of heavy rain in the southern U.S. as well as South America, and scorching heat in Asia that could devastate crops of thirsty food staples like rice. […] Read more
Cyber-Savvy Farmer
