Reading Time: 2 minutes MarketsFarm — The Canadian bison industry has been through some difficult times during the last few years but is now emerging from those doldrums, according to Manitoba Bison Association president Robert Johnson. “Between the two drought years and the COVID-19 pandemic, then high feed prices, probably the last two years have been pretty crappy for […] Read more
Bison industry expanding, becoming mainstream
Bison meat emerging from 'seasonal' perception
Inflation, interest rates, input costs catch up to meat sector
Canada's meat industry hits hard times
Reading Time: 4 minutes There’s been a torrent of bad news in the meat sector in the last two months. Tyson Foods reported its first quarterly loss since 2009; HyLife’s processing plant in Windom, Minn., declared bankruptcy; Smithfield Foods is closing 40 sow farms in Missouri; Olymel announced the permanent closure of its Vallée-Jonction hog plant in Quebec; and […] Read more
A hot, dry Prairie June ahead
El Nino pattern could arrive
Reading Time: < 1 minute MarketsFarm — June is expected to see a continuation of the hot and dry weather most of the Canadian Prairies has experienced in May, according to Scott Kehler, chief scientist for Weatherlogics. “It looks like late spring/early summer is pretty hot across almost all of Western Canada. The Prairies are all above normal [temperature-wise],” Kehler […] Read more
Taiwan pledges full access for Canadian beef
Market to reopen in 'a couple weeks,' minister says
Reading Time: 2 minutes Canadian beef exporters can expect to regain full market access to Taiwan within the next couple of weeks, Canada’s international trade minister said Thursday. Posting on Twitter Thursday from the Asia Pacific Economic Cooperation (APEC) trade ministers’ meeting in Detroit, Mary Ng said Taiwanese officials have confirmed the decision, which she hailed as “great news […] Read more
Firm Canadian chickpea market watching world production
Trade keeps eye on crops in Turkey, Russia, India
Reading Time: 2 minutes MarketsFarm — Canadian farmers are in the early stages of planting the country’s next chickpea crop, with market conditions firm for the time being, ahead of new-crop harvests in other countries. “The market is firm, it’s not going up or down,” said Jake Hansen of Mid-West Grain at Moose Jaw, Sask., noting there was not […] Read more
Pulse weekly outlook: Canadian exports solid
Bangladesh, Pakistan now buying Canadian peas
Reading Time: 2 minutes MarketsFarm — Canadian pulse exports are running well ahead of their year-ago level, with some demand rationing likely over the next few months as supplies tighten ahead of the new-crop harvest. Canada has exported 1.56 million tonnes of lentils during the crop year to date, with Turkey the top destination at 421,000 tonnes followed by […] Read more
Nutrien cuts earnings forecast after quarterly profit misses estimates
High fertilizer prices seen dragging on demand
Reading Time: < 1 minute Reuters — Nutrien Ltd. on Wednesday cut its forecast for 2023 earnings as elevated fertilizer prices owed to Western sanctions on Russia and Belarus weigh on demand. U.S.-listed shares of the company fell 3.9 per cent in extended trading Wednesday as it also reported a lower-than-expected quarterly profit. Though fertilizer prices have dipped from record […] Read more
Canada will not be intimidated by China retaliation, Trudeau says
China seen as 'more sensitive about food security' now, CAPI says
Reading Time: 2 minutes Ottawa | Reuters — Prime Minister Justin Trudeau on Tuesday said Canada will not be intimidated by China following tit-for-tat diplomatic expulsions by Ottawa and Beijing. Ottawa expelled Chinese diplomat Zhao Wei on Monday over allegations related to foreign interference, and hours later, China asked a Canadian diplomat in Shanghai to leave by Saturday in […] Read more
Fairs, exhibitions concerned over new traceability proposals
Event volunteers may lack skills needed, association says
Reading Time: 2 minutes The Canadian Association of Fairs and Exhibitions (CAFE) says proposed federal regulations regarding livestock traceability are putting animal events across the country at risk. Their concerns centre around new directives centred around moving and tagging which they say would affect Canada’s 5,000 fairs, rodeos and other events. The Canadian Food Inspection Agency has proposed that […] Read more
Beekeepers call to reopen cross-border package bee trade
Ten years after the last risk assessment, some say it’s time to re-evaluate
Reading Time: 2 minutes Canadian beekeepers are calling for the federal government to reopen the border to the importation of U.S. package honeybees. Witnesses at a meeting of the House of Commons standing committee on agriculture and agri-food last Wednesday presented recommendations for what the government could do to resolve issues of honeybee health decline and bee mortality. The […] Read more
A message from April Stewart, Country Guide's Associate Editor
