The logo and trading info for Corteva Agriscience displayed on the New York Stock Exchange in New York.  Photo: Reuters/Brendan McDermid

Corteva cuts sales forecast on weak demand for crop protection products

Net seed sales rose eight per cent from a year ago, aided by strong prices and increased corn acres

Reading Time: < 1 minute Reuters – Agricultural chemical and seed company Corteva CTVA.N cut its annual sales expectations as demand for its crop protection products showed signs of contraction. Rise in carrying cost of stock for distributors driven by higher interest rates and improved product availability have taken a toll on demand for crop protection products such as herbicide […] Read more

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Nutrien to pause potash ramp up, ammonia project on falling prices

Potash prices have eased after the resumption of shipments from major supplier Belarus

Reading Time: < 1 minute Reuters – Nutrien NTR.TO on Wednesday decided to indefinitely pause its ramp-up plans for potash production and halt work on its clean ammonia project at Geismar, Louisiana, as the world’s biggest fertilizer producer grapples with falling prices. Its U.S.-listed shares fell 2.6% in extended trading as the company cited market conditions for stopping efforts to […] Read more


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Russia strikes Ukraine’s Danube port, sending global grain prices higher

Port hit on Danube opposite NATO-member Romania; Kyiv says aim is to intimidate shippers considering return

Reading Time: 4 minutes Kyiv | Reuters – Russia attacked Ukraine’s main inland port across the Danube River from Romania on Wednesday, sending global food prices higher as it ramps up its use of force to prevent Ukraine from exporting grain. The attacks destroyed buildings in the port of Izmail and halted ships in their tracks as they prepared […] Read more

Commercial vessels  –including vessels which are part of the Black Sea grain deal — wait to pass the Bosphorus strait off the shores of Yenikapi during a misty morning in Istanbul, Turkey on Oct. 31, 2022. (Photo: Reuters/Umit Bektas)

Russia could be ready for Black Sea grain deal talks, but no evidence yet: US

U.S. Ambassador to the U.N. said Russia has to return to Black Sea deal to market fertilizer, make agriculture transactions

Reading Time: 2 minutes United Nations | Reuters – The United States has been told that Russia is prepared to return to talks on a deal that had allowed the safe Black Sea export of Ukraine grain, but “we haven’t seen any evidence of that yet,” the U.S. envoy to the United Nations said on Tuesday. Russia quit the […] Read more


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Strike’s impact on grain movement yet to come

Port workers union, employers reached a tentative agreement Monday morning but backlog likely to linger

Reading Time: 3 minutes MarketsFarm, Reuters – Despite grain movement at Canada’s West Coast ports not being really affected by the British Columbia port workers strike in July, there’s a good chance for issues to arise in the coming months, according to Mark Hemmes, president of Quorum Corp. “The volume of grain that moved in the last three weeks […] Read more

Lawrence Macaulay, seen here in a 2018 photo, is taking the ag minister post for the second time. Photo: supplied/minister’s office.

Ag leaders welcome MacAulay’s appointment as AAFC Minister   

The minister’s new role was part of the Liberal government’s recent cabinet shuffle 

Reading Time: 3 minutes Industry leaders and organizations are welcoming the July 26 announcement that veteran MP Lawrence McAulay will be taking over the post of Minister of Agriculture and Agri-Food–and wasting no time calling him to action. It is the P.E.I. MP’s second time in the role, having previously held it between 2015 and 2019. MacAulay took over […] Read more


 PHOTO: Laura Rance

CGC repeals grading changes in response to producer complaints

The new regulations would have seen export grade standards applied to deliveries to country elevators

Reading Time: 3 minutes Days before implementation, the Canadian Grain Commission repealed grading changes in response to complaints from producer groups. In a news release, Friday, the CGC simply stated it was repealing the alignment of primary and export tolerances for test weight and total foreign materials for Canada Western Red Spring, Canada Western Hard White Spring, Canada Western Extra […] Read more

 (File photo: Reuters/Yoruk Isik)

Ukraine says Russia threatened civilian vessels in second week without grain deal

Ukraine has harvested 11.2 million tons of its 2023 grain crop

Reading Time: 2 minutes Kyiv | Reuters – A senior Ukrainian official accused Russia on Friday of threatening civilian vessels in the Black Sea, and urged the international community to condemn what he said were “the methods of terrorists”. Russia last week quit a U.N.-brokered deal allowing Ukraine, a major global grain producer, to safely export its grain via […] Read more


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Grain groups find common ground over grading changes

In a rare move, the Wheat Growers and Farmers Union are on the same side of an issue

Reading Time: 2 minutes Two producer groups ordinarily at the opposite ends of the ideological spectrum have teamed up and come out swinging against proposed changes to wheat grading. The Wheat Growers Association (WGA) and National Farmers’ Union (NFU)have issued a joint statement decrying changes that will take effect August 1 which would see the export grade standard applied […] Read more

Real estate apps are already big business in residential markets. If they cut transaction costs, why not in agriculture too?
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U.S. Lawmakers seek to limit corporate, foreign ownership of farmland

Farm groups, lawmakers are concerned that foreign, investor ownership is driving up prices and threatening national security

Reading Time: 2 minutes Washington | Reuters – U.S. lawmakers from both parties are pushing legislation that would limit who can own American farmland, with a latest effort from Democratic Senator Cory Booker aimed at curbing corporate ownership. Farm groups and lawmakers are concerned that land buys by investors and foreign countries are driving up farmland prices and threatening […] Read more