Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures climbed on Wednesday to their highest in more than two years and recorded a 12th straight daily advance on continued export demand from China, coupled with worries about crop-killing frost in parts of the Midwest, analysts said. Wheat futures ended narrowly mixed while corn futures drifted lower in […] Read more
U.S. grains: Soy extends rally as China keeps buying
Data awaited from USDA
Pandemic planning: Groundwork
What will Canada's food system look like as we roll toward 2021? And how will you be able to build on those changes to make the family farm more resilient, more sustainable, and a better business?
Reading Time: 8 minutes Resilience has two halves. The part that automatically comes to mind is the way a truly resilient business can take a punch without shutting down. It can survive a bout of bad weather, bad markets, a black swan. But there’s something else too. It isn’t just that a resilient farm keeps breathing. It’s that a […] Read more
Editor’s Note: Where are the big ideas?
Reading Time: 2 minutes One of the reasons why agriculture has mainly adapted so quickly to COVID-19 is that farmers are used to dealing with black swans. But it isn’t the only reason. Don’t misunderstand me. I don’t want to underestimate the real pain that some sectors have faced. Whether that’s the logistical nightmare of beef processing or the […] Read more
Pulse weekly outlook: Large Canadian crops expected
Reading Time: < 1 minute MarketsFarm — Canada will have grown a record-large pea crop in 2020 and possibly the second-largest lentil crop ever, according to preliminary estimates from Statistics Canada, released Monday. Using satellite imagery and model-based yield estimates, the government agency pegged the 2020-21 Canadian field pea crop at 4.996 million tonnes. That would be a new record […] Read more
Canola crop expectations vary ahead of StatsCan report
Reading Time: 2 minutes MarketsFarm — Statistics Canada is due to publish its first production estimates for Canada’s 2020 growing season on Monday (Aug. 31). Late-season hot temperatures and a lack of rain may cause Canada’s canola production to be lower than originally expected, according to some market participants. Earlier in the growing season, Winnipeg-based FarmLink Agriculture Solutions published […] Read more
Feds to probe complaints of wheat gluten dumping
New duties on six countries' gluten imports might follow
Reading Time: 2 minutes Federal officials are launching a probe into whether wheat gluten from six countries is being dumped in Canada at prices undercutting the domestic product. The Canada Border Services Agency (CBSA) said Friday it’s launching an investigation to determine whether “certain wheat gluten” from Australia, Austria, Belgium, France, Germany and Lithuania is being sold at “unfair […] Read more
McDonald’s resuming all-Canadian beef supply
'Supply adjustment' ends next month, company says
Reading Time: 2 minutes Updated, Aug. 18 — McDonald’s Canada’s pandemic-related “supply adjustment,” in which the burger chain cut its Canadian beef purchases to below 100 per cent, is set to end next month. The Canadian arm of the U.S. fast food giant announced Thursday it will resume its pre-pandemic policy of sourcing 100 per cent Canadian beef, starting […] Read more
Cannabis industry readies for M+A after COVID-19 boosts weed demand
Companies betting on U.S. market growth after election
Reading Time: 2 minutes Reuters — After nearly a year of next-to-no dealmaking, cannabis companies are gearing up for mergers and acquisitions (M+A) as realistic stock valuations and the prospect of U.S. legalization attract buyers to a sector that has been decimated by oversupply and other issues, executives and investors say. Profitable cannabis companies want to buy their way […] Read more
North American ammonium nitrate laws best in world, Nutrien CEO says
Reading Time: 2 minutes Winnipeg | Reuters — North America’s regulations for handling ammonium nitrate, a potentially explosive product used in fertilizer and in the mining industry, are the strictest in the world, the CEO of Canadian fertilizer producer Nutrien said Tuesday. An ammonium nitrate stockpile exploded last week in Beirut killing at least 171 people, injuring 6,000 and […] Read more
U.S. grains: Soybeans up with exports, corn up slightly on dry weather
Big expected Russian, Canadian crops weaken wheat
Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures rose on Monday as a spate of new-crop soybean export sales eased concerns about forecasts of huge harvests across the U.S. Midwest. Corn futures were buoyed by dryness in top corn-producing states, as weekend rainfall missed drought-stricken parts of western Iowa. Meanwhile, wheat futures slipped on estimates for […] Read more
A message from April Stewart, Country Guide's Associate Editor
