Jason Newton, chief economist and head of market research with Nutrien, provides a global crop market outlook to delegates attending the International Farm Management Association Congress in Saskatoon.

Global crop yields don’t match increasing demand

Sluggish production blamed on adverse weather conditions and high input costs that lead to reduced fertilizer use

Glacier FarmMedia – Rising demand and below-trend yields are causing tightness in the global supply of major crops, says one of the world’s largest crop input suppliers. Why it matters: […] Read more

Photo: Reuters/Ben Nelms/File

Global crop yields have not kept up with increasing demand 

Sluggish production blamed on adverse weather conditions and high input costs that lead to reduced fertilizer use

The global stocks-to-use ratio for the major crops, excluding China, has been trending down since 2018, Jason Newton, Nutrien’s chief economist, told delegates attending the 24th International Farm Management Association Congress in Saskatoon.




(Photo courtesy Canada Beef Inc.)

More local barley destined for rations, but U.S. corn still moving

Prior to drought year 2021/22, Canadian corn imports had rarely topped two million tonnes

Recently revised supply/demand tables from Agriculture and Agri-Food Canada raised the forecast for domestic barley usage in the current crop year to 6.155 million tonnes. That compares with an earlier forecast of 5.471 million tonnes. If realized, that would be up by roughly 200,000 tonnes from the previous year.

A farmer in China piles wheat.  Photo: Reuters/File

China to push for higher grain yields to ensure food security

Chinese corn breeders are preparing to double the amount of GMO corn planted next year

China, the world's top buyer of soy and corn, will push for higher grain yields across large areas of farmland as it seeks to ensure food security for its huge population, state media reported on Wednesday, citing an annual rural policy meeting.