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File photo of wheat being loaded onto a bulk vessel at port in Russia. (YGrek/iStock/Getty Images)
Crops, Markets, Reuters

Louis Dreyfus suspends operations in Russia

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Reading Time: < 1 minute Paris | Reuters — Louis Dreyfus Co., (LDC), one of the world’s largest agricultural commodity merchants, has suspended its operations in Russia, it said on Friday. LDC did not provide further details in an emailed response to a question about the impact of Russia’s invasion of Ukraine on its activities. Like other crop traders, it […] Read more
File photo of Canadian farm-grown blueberries. (LittleCityLifestylePhotography/iStock/Getty Images)
Crops, Fruit/Vegetables, Machinery, Weather

Prizes put up to develop year-round berry production in Canada

Weston Foundation's new challenge backed with $33 million

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Reading Time: 3 minutes A philanthropic foundation focused on improving public health now wants to improve diets by finding ways to juice up Canada’s home-grown fruit supplies. The Weston Family Foundation on Tuesday pledged $33 million over six years for what it calls the Homegrown Innovation Challenge, a prize challenge pitting ideas against ideas with the goal of extending […] Read more
A restoration company vehicle sits in a flooded field at Abbotsford, B.C. on Nov. 30, 2021. (Photo: Reuters/Jennifer Gauthier)
General, Machinery, Weather

AgriRecovery underway for flood-battered B.C. farms

Feds, province put up $228 million

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Reading Time: 3 minutes The federal and British Columbia governments’ response to last fall’s destructive flooding now includes what’s said to be the biggest farm disaster recovery package in the province’s history. Provincial Agriculture Minister Lana Popham and her federal counterpart Marie-Claude Bibeau on Monday announced cost-shared funding of $228 million for the Canada-B.C. Flood Recovery for Food Security […] Read more
(File photo by Lisa Guenther)
Crops, Markets, Reuters

Corteva CEO bullish on grain, oilseed prices for 2022

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Reading Time: < 1 minute Reuters — Corteva expects prices for grains and oilseeds to remain high this year on record demand levels, its CEO said Thursday, following the insecticide and seed company’s upbeat sales outlook a day earlier. Global agriculture demand and prices for crops picked up pace in the fourth quarter of 2021, thanks to economies reopening and […] Read more
FCL’s Co-op Fertilizer Terminal at Brandon. (Photo courtesy Federated Co-operatives Ltd.)
Crops, Markets, Weather

Fertilizer prices to remain high for now

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Reading Time: 2 minutes MarketsFarm — There are two factors to consider when it comes to fertilizer. One is the cost as it’s to remain quite expensive at least through the first quarter of 2022, according to Chris Lawson, head of fertilizers for the CRU Group. The other is its availability, said Todd Lewis, president of the Agricultural Producers […] Read more
India’s Prime Minister Narendra Modi speaks to media on the Parliament premises in New Delhi in this Nov. 18, 2019 file photo. (Photo: Reuters/Altaf Hussain)
Crops, Markets, Reuters

India’s Modi backs down on farm reforms in surprise win for protesters

Laws to be repealed in upcoming parliament session; protests to continue until then

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Reading Time: 4 minutes Ghaziabad, India | Reuters — In a surprise announcement Friday, India’s Prime Minister Narendra Modi said he would repeal agriculture laws that farmers have been protesting against for more than a year, sparking celebrations for what farmers called a hard-fought victory. Modi’s decision is a significant climb-down for the combative leader and comes as state […] Read more
(Dave Bedard photo)
Crops, Markets

Feds tighten forecast for wheat carryout

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Reading Time: 2 minutes MarketsFarm — Canadian wheat carryout for the 2021-22 crop year will be even tighter than earlier forecasts, according to updated supply/demand estimates from Agriculture and Agri-Food Canada (AAFC), released Wednesday. The October report included only minor adjustments for most crops, with the most notable change from September being a 500,000-tonne reduction in projected wheat ending […] Read more
File photo of a soybean plantation in Brazil. (Mailson Pignata/iStock/Getty Images)
Crops, Reuters

More acres seen needed worldwide to meet mounting crops demand

U.S. acres may have already hit ceiling: AgResource chief

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Reading Time: 2 minutes Geneva | Reuters — Farmers need more space to grow crops to meet mounting demand for food and renewable fuel at a time of slowing growth in yields, consultancy AgResource said on Tuesday. A renewable fuel push under U.S. President Joe Biden’s climate agenda is set to trigger a boom in soyoil use, reinforcing a […] Read more
The Garden City container terminal at Savannah is operated by Ports America on behalf of the Georgia Ports Authority. (Photo courtesy Georgia Ports Authority)
Crops, Machinery, Reuters

Canada’s CPPIB to buy major U.S. port terminal operator

Canada Pension Plan's play furthers its infrastructure push

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Reading Time: 2 minutes Reuters — Canada Pension Plan Investment Board (CPPIB) said on Wednesday it had agreed to buy Ports America, one of the largest marine terminal operators in the U.S., from investment firm Oaktree Capital Management. While no valuation was given in the announcement, the deal values Ports America at over US$4 billion, according to two sources […] Read more
File photo of equipment tracks over a field in England. (Georgeclerk/E+/Getty Images)
Crops, Reuters

Regulations on gene-edited crops to be eased in England

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Reading Time: < 1 minute London | Reuters — Britain’s farming and environment minister George Eustice announced Wednesday that regulations related to gene editing in agricultural research would be eased in England following a public consultation. Rules will now largely be aligned with conventional breeding methods for research and development into plants although scientists will still be required to notify […] Read more

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