Reading Time: < 1 minute MarketsFarm — As more Canadian feed grains make their way overseas, especially into China, domestic buyers may need to pay more secure supplies from emptying bins over the next few months. “Anything extra we’re able to export is getting exported at this point,” Brandon Motz, owner and sales manager of CorNine Commodities at Lacombe, Alta., […] Read more
Feed weekly outlook: Grain exports, prices rise
ICE weekly outlook: How long can canola remain well supported?
Reading Time: 2 minutes MarketsFarm — Despite recent declines in canola prices, the Canadian oilseed remains very well supported, according to Errol Anderson of Market Place Communications in Calgary. The question he posed, though, was for how long can this last? “The market is incredibly well supported because of the lack of deliveries and that the crushers are still […] Read more
Pulse weekly outlook: Canada’s lentils face competition
Reading Time: 2 minutes MarketsFarm — Acreage and production of lentils in Canada are expected to mostly remain the same for the 2021-22 crop year. While strong demand during the COVID-19 pandemic has bolstered prices over the past year, increased production from competing exporters may cut into that buying interest going forward. Elyce Simpson Fraser, senior vice-president of Simpson […] Read more
Oat prices running out of upside
Reading Time: 2 minutes MarketsFarm — Oat prices in Western Canada have shown some strength over the past year, but competition from other crops will likely lead to an acreage reduction this spring despite the firm prices, according to market participants. Ryan McKnight, from Linear Grain at Carman, Man., had seen prices for the crop rise last fall, but […] Read more
Indian farm protesters reinforce after standoff with police
Reading Time: 2 minutes New Delhi | Reuters — Thousands of Indian farmers marched overnight to reinforce protesting colleagues camping out on the outskirts of the capital, New Delhi, to press the government to withdraw three new farm laws that they say will hurt their livelihoods. In a standoff between riot police and the farmers, authorities tried to clear […] Read more
Indian farmers ride caravan of tractors into capitol ahead of Republic Day
Farmers reject government's offer to suspend ag market reforms
Reading Time: 2 minutes New Delhi | Reuters — Caravans of tractors clogged a key highway in northern India on Monday as tens of thousands of farmers protesting against agriculture reforms streamed into the capital ahead of Republic Day, and police said they were prepared to deal with the crowds. India marks its founding as a republic on Tuesday […] Read more
Pulse weekly outlook: Green, yellow pea prices reach parity
Lower-priced green peas meet upwardly-mobile yellows
Reading Time: 2 minutes MarketsFarm — Yellow and green pea prices in Western Canada have taken divergent paths to start 2021, with yellow peas on the rise and greens declining as values reach parity in many locations. Mike Jubinville of MarketsFarm Pro explained that while Canada’s pea exports suffered under yellow pea import restrictions implemented by India, China later […] Read more
India’s top court orders stay on farm laws that riled growers
Reading Time: < 1 minute New Delhi | Reuters — India’s Supreme Court on Tuesday ordered an indefinite stay on the implementation of new agricultural laws that have triggered widespread protest from farmers, saying it wanted to protect farmers and would hear their objections. For more than a month, tens of thousands of farmers have camped on the outskirts of […] Read more
Indian government, farmers fail to break deadlock on ag market laws
Reading Time: 2 minutes New Delhi | Reuters — The Indian government and representatives of protesting farmers failed to reach an agreement on contentious new agriculture laws on Friday and said they will meet again in a week’s time. Tens of thousands of farmers have been camped on the outskirts of the capital New Delhi for over a month, […] Read more
Argentina ‘evaluating’ corn export suspension
Move meant to boost domestic food supplies
Reading Time: 2 minutes Buenos Aires | Reuters — Argentina’s government said on Thursday it would review its decision to temporarily suspend corn exports after a meeting between the farming minister and the leaders of the country’s main agricultural associations. The agriculture ministry said in a statement that agreements had been struck to guarantee the domestic supply of corn […] Read more
A message from April Stewart, Country Guide's Associate Editor
