Reading Time: 2 minutes Winnipeg | Reuters — Chicago soybeans fell on Thursday, snapping five days of gains as soybean oil sold off sharply after the U.S. government proposed smaller-than-expected biofuels blending requirements. Wheat slid on disappointing export sales, while soybean weakness dragged corn lower. The most-active soybean contract on the Chicago Board of Trade (CBOT) settled down 39-3/4 […] Read more
U.S. grains: Soy snaps win streak on disappointing biofuel mandates
Wheat falls on export sale data; soy weakness weighs on corn
U.S. grains: Wheat rises on short-covering, China optimism
Wheat still lost nearly 10 per cent in November; soybeans rise on fresh China sales, corn down
Reading Time: 2 minutes Winnipeg | Reuters — Chicago wheat rose for a second straight session on Wednesday, supported by end-of-the-month short-covering and investor hopes that China will loosen COVID-19 rules, although the grain declined sharply in November on competition from Black Sea supplies. Soybeans also ticked up, touching a two-month peak, as optimism that China will ease restrictions […] Read more
U.S. grains: Wheat inches higher on hopes China will ease COVID-19 measures
Corn slips on export demand concerns
Reading Time: 2 minutes Winnipeg | Reuters — Chicago wheat finished slightly higher on Tuesday after the previous day’s three-month low, as investors saw hope that China would ease measures to counter COVID-19 infections after rare protests in the country unsettled markets a day earlier. Soybeans also gained on optimism about China, but corn dipped over concerns about export […] Read more
U.S. grains: Wheat tumbles to three-month low in broad sell-off
Soybeans rise on export sales, renewable fuel talk
Reading Time: 2 minutes Winnipeg | Reuters — Chicago wheat fell on Monday to a three-month low, as commodity and equity markets dropped on concern about the impact of rare protests in China against its strict anti-COVID-19 policy. Cheap supplies from Russia and elsewhere in the Black Sea are adding competition for U.S. wheat, and prices have slipped to […] Read more
Fiona batters Eastern Canada’s farms, fishery
'You'll hear me swearing in Saskatchewan'
Reading Time: 2 minutes Winnipeg | Reuters — Powerful storm Fiona slammed into Canada’s eastern fishing and farm industries over the weekend, smashing wharves, food processing plants and barns that will take months to repair. One of the worst storms Canada has ever faced left more than one-third of customers in Nova Scotia without power, swept homes into the […] Read more
Canada can cut fertilizer emissions 14 per cent by 2030, industry groups say
Report touts use of 4R practices
Reading Time: 2 minutes Winnipeg | Reuters — Canadian farmers can reduce greenhouse gas emissions from applying nitrogen fertilizer by 14 per cent by 2030 through adoption of more sustainable farm practices and new technology, without any overall reduction in fertilizer use, agriculture industry groups said on Wednesday. Such reductions of nitrous oxide from 2020 levels would fall well […] Read more
Nutrien’s interim CEO named CEO
Seitz sees 'a lot of uncertainty' continuing in market
Reading Time: < 1 minute Reuters — Canada’s Nutrien Ltd., the world’s largest potash fertilizer producer, named Ken Seitz as chief executive on Monday, removing the interim tag. Nutrien in January surprised investors by replacing its CEO for the second time in eight months. It then named Seitz, the head of its potash business, as interim CEO, replacing Mayo Schmidt. […] Read more
Cold and hungry: Food inflation bites Canada’s North
'It's really expensive to do business here'
Reading Time: 3 minutes Iqaluit | Reuters –– In Canada’s remote North, residents have long paid dearly for food, and rising prices have worsened an already dire situation, exposing the vulnerability of one of the world’s biggest exporters of grains and meat. Communities in Nunavut — the largest of the three territories that make up Canada’s northernmost region — […] Read more
BHP open to potash partner but still will enter fertilizer business alone
Feds put $100M toward reducing emissions at BHP site
Reading Time: 2 minutes Ottawa | Reuters — BHP Group is open to taking on a partner as it builds its first potash mine in Saskatchewan, but can also go it alone and is not currently involved in discussions with rival Nutrien, a senior BHP executive said Monday. “We are more than happy and willing to work with partners. […] Read more
Nutrien to further boost potash output amid global shortage
Company will also speed up nitrogen capacity boosts
Reading Time: < 1 minute Reuters — Nutrien, the world’s largest fertilizer producer, said Thursday it will increase its Canadian potash production by 20 per cent to an annual 18 million tonnes by 2025, helping to address tight supplies that have contributed to a global food shortage. Potash prices have soared since the West imposed sanctions against Russia for Moscow’s […] Read more
A message from April Stewart, Country Guide's Associate Editor
