Reading Time: 2 minutes MarketsFarm — A further tightening in Canada’s mustard supply is the main culprit in recent price spikes for the seed. Yellow mustard in Western Canada has a high-delivered bid of $1.61/lb., up 10 cents from last month and $1.18 higher than last year, according to Prairie Ag Hotwire data. Over the past month, the high-delivered […] Read more
Rising prices could lead to more mustard acres
Canada to ease travel requirements as COVID cases decline
Reading Time: 2 minutes Updated — Ottawa | Reuters — Canada will ease entry for fully vaccinated international travelers starting Feb. 28 as COVID-19 cases decline, allowing a rapid antigen test for travelers instead of a molecular one, officials said Tuesday. Antigen tests are cheaper than a molecular test and can provide results within minutes. The new measures, which […] Read more
China blocks Lithuanian beef, dairy, beer as Taiwan row grows
Canada seeks to join EU trade case against China
Reading Time: 2 minutes Beijing/Vilnius | Reuters — China suspended imports of beef, dairy and beer from Lithuania this week, Lithuania’s veterinary control agency said on Thursday, amid a growing trade dispute over the Baltic nation’s relations with Taiwan. China’s General Administration of Customs had informed the country it was halting the exports due to “lack of documentation,” the […] Read more
More government action likely as border blockades hit trade
Manitoba's main crossing now also blocked
Reading Time: 2 minutes Reuters — The shutdown of a vital U.S.-Canada trade route is knocking out automakers’ operations as the business impact from the two-week-old protests against Canada’s pandemic measures ramp up pressure on authorities to quell the demonstrations. The protests started as a “Freedom Convoy” occupying downtown Ottawa, opposing a vaccinate-or-quarantine mandate for cross-border truckers mirrored by […] Read more
Canada, U.S. fear economic damage from border crossing protest
Headway in one area, another protest elsewhere, minister says
Reading Time: 3 minutes Windsor/Ottawa/Washington | Reuters — Truckers blocking U.S-Canada border crossings risk hurting the auto industry and agriculture, the White House said on Wednesday as Ottawa urged an end to the 13-day demonstration against coronavirus mandates. After nearly two years of pandemic measures in many countries, opposition has sprung up in different ways with copycat protests in […] Read more
Pandemic border protests strand cattle and car parts
Reading Time: 2 minutes Ottawa | Reuters — Protests in Canada against vaccine mandates have disrupted two key U.S. border crossings, and are snarling hundreds of millions of dollars daily of trade, ranging from cattle to car parts. Demonstrations who at first demanded an end to federal COVID-19 vaccine mandates for cross-border truck drivers began Jan. 28 in the […] Read more
Pork industry looks ahead from turbulent 2021
Pork prices expected to stay elevated in 2022
Reading Time: 2 minutes MarketsFarm — Labour shortages caused by the COVID-19 pandemic, high feed costs and lower prices posed constant threats to Canada’s hog industry in 2021. Nevertheless, pork appears to be in a good spot entering 2022, according to two analysts. “2021 was not the best, but not the worst,” said Tyler Fulton, director of risk management […] Read more
Single lanes opened at Alberta border crossing, Mounties say
RCMP 'acknowledges the work that is being done'
Reading Time: 2 minutes Single lanes have reopened in each direction at Alberta’s busiest Canada-U.S. trade window, allowing cross-border supply chains to resume, RCMP report. In response to “concerned citizens in the area of Coutts,” participants in a blockade of vehicles in place at the local border crossing “made the decision to open a lane going northbound and southbound […] Read more
Pulse weekly outlook: Lentil prices decline, may shift in spring
Reading Time: 2 minutes MarketsFarm — Prices for Canadian lentils, along with other pulses in the country, have slightly declined since the start of 2022. However, one pulse buyer thinks the next few months can recharge the market. Lionel Ector, president of Diefenbaker Spice and Pulse at Elbow, Sask., explained that a good Australian lentil harvest in December has […] Read more
Pulse weekly outlook: Early signs point to larger Canadian crops
Reading Time: < 1 minute MarketsFarm — Early signs point to a sizeable increase in Canadian pulse production in 2022-23, but co-operative weather will be needed to meet those expectations. Strong returns over the past year relative to other crops should encourage farmers to seed more peas and lentils in 2022, according to the first outlook for the new crop […] Read more