Reading Time: 3 minutes Sao Paulo | Reuters — International cannabis companies are showing interest in Brazil, both its large consumer market for medicinal products and a proposal that could legalize planting of the crop. Major producers such as Colombia’s Clever Leaves and Canada’s Canopy Growth are developing and selling medicinal cannabis products to a Brazilian consumer segment estimated […] Read more
Cannabis firms catch whiff of opportunity in Brazil
Canadian producers among those now supplying Brazilian market
U.S. extends travel curbs at Canada, Mexico land borders
Reading Time: 2 minutes Washington | Reuters –– The United States on Friday extended the closure of its land borders with Canada and Mexico to non-essential travel such as tourism through Sept. 21 despite Ottawa’s decision to open its border to vaccinated Americans. The latest 30-day extension by the Department of Homeland Security (DHS) came after Canada said in […] Read more
U.S. railway’s board sticks with CN’s bid
Kansas City Southern board spurns sweetened CP bid
Reading Time: 3 minutes The board of directors for a U.S. railway facing takeover bids from each of Canada’s big two railways is sticking with Canadian National Railway’s (CN) proposal. The board for Kansas City Southern (KCS), in a release Aug. 12, said it unanimously agrees an upgraded Aug. 10 cash-and-stock bid from Canadian Pacific Railway (CP) “does not […] Read more
U.S. to ban use of chlorpyrifos on food crops
Cancellation already scheduled for most outdoor use in Canada
Reading Time: 3 minutes UPDATED, Aug. 25 –– Chicago | Reuters — The U.S. Environmental Protection Agency on Wednesday said it will ban the use on food crops of chlorpyrifos insecticide, which has been linked to health problems in children. The decision is a victory for environmental activists who have fought to stop the use of the chemical that […] Read more
Pulse weekly outlook: Pulse trade with India strong, but flawed
Reading Time: 2 minutes MarketsFarm — India remains as the largest international buyer of Canadian lentils, despite factors affecting trade between the two countries. While Western Canada deals with drought conditions which have likely lowered this year’s lentil crop, the Indian government’s restrictions on imports have threatened to hinder Canadian exports. “Despite tariffs and technical measures in place that […] Read more
U.S. grains: Wheat ends mixed, near 8-1/2-year high
Pro Farmer corn, soy tour begins in U.S.
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat futures took a breather on Monday after setting 8-1/2-year highs last week on concerns about tightening supplies in exporting countries hit by harsh weather. Russian agriculture consultancy Sovecon trimmed its forecast for Russia’s crop by 0.3 per cent from last week in the latest estimated reduction […] Read more
Farm transfer tax treatment bill now law, feds say
Government to add amendments against tax loopholes
Reading Time: 3 minutes Despite a previous statement from her ministry, Canada’s finance minister says a bill standardizing the tax treatment of farm transfers is now officially on the books. However, while Bill C-208 is now in federal tax law, further amendments are en route to plug legal loopholes the bill may have opened. Finance Minister Chrystia Freeland on […] Read more
U.S. extends travel curbs at land borders through Aug. 21
Reading Time: 2 minutes Washington | Reuters — The U.S. government on Wednesday extended the closure of land borders with Canada and Mexico to non-essential travel such as tourism through Aug. 21 even as officials debate whether to require visitors to have received a COVID-19 vaccine. The latest 30-day extension by the Department of Homeland Security (DHS) came after […] Read more
‘Time is ticking’ on drought response for beef cattle sector
'We need answers like yesterday'
Reading Time: 3 minutes As Canada’s beef farmers and ranchers face drought, industry leaders are trying to find ways to secure feed and help those forced to sell rebuild their herds. B.C. ranchers are dealing with high temperatures that have “parched the grass that was there,” Kevin Boone, general manager of B.C. Cattlemen’s Association, said during a Canadian Cattlemen’s […] Read more
Hot, dry weather creates ‘significant uncertainty,’ AAFC says
Reading Time: < 1 minute MarketsFarm — Supply/demand balance sheets for Canada’s major crops only saw minor adjustments in the latest update Tuesday from Agriculture and Agri-Food Canada, with hot and dry growing conditions leading to “significant uncertainty” on the state of the country’s 2021-22 crops. Total field crop production in the country was forecast to decrease due to a […] Read more