Reading Time: 2 minutes China caused a great deal of turmoil in the canola market on Sept. 3, leading prices to tumble on the Intercontinental Exchange. To senior market analyst Mike Jubinville of MarketsFarm, China dramatically changed canola’s outlook in fell swoop. The Chinese government announced that it was launching an investigation into alleged canola dumping by Canada. This […] Read more

ICE Weekly: Canola market suddenly in a very bad position

G7 leaders launch initiative for global food security
Reading Time: < 1 minute Bari, Italy | Reuters – Group of Seven leaders have pledged to step up efforts against global malnutrition, according to a draft statement on Friday that noted Russia’s invasion of Ukraine had “aggravated” the world’s food problems. The G7 Apulia Food Systems Initiative (AFSI) – named after the Southern Italian region hosting the leaders’ summit – will […] Read more

Family farms at risk from higher capital gains rates: GGC
Reading Time: 3 minutes [UPDATED: June 11, 2024] Glacier FarmMedia – Looming changes to Canada’s capital gains inclusion rates will increase average taxes by 30 per cent on the country’s family-run grain farms, putting their futures at risk, according to research conducted by the Grain Growers of Canada (GGC). “Our research shows that an average grain farm in Canada, […] Read more

France revamps pesticide reduction plan in wake of farmer unrest
Reading Time: < 1 minute Paris | Reuters – France unveiled on Monday a revised plan to halve pesticide use in the European Union’s biggest agricultural producer, pledging to adopt an EU indicator and boost research into alternatives in a nod to grievances voiced in farmer protests this year. Why it’s important Environmental regulation was one of the main factors […] Read more

Federal and provincial ag ministers meet in Fredericton
Reading Time: 3 minutes Environmental issues remain a hot topic for provincial agriculture ministers. That and sustainable agriculture dominated discussions during the recent federal, provincial and territorial (FPT) agriculture ministers meeting in Fredericton, N.B. The annual conference was held from July 19-21. The focus on sustainable agriculture tracks, as this is the first time the ministers have met since […] Read more

As globalization fades new strategies needed
Reading Time: < 1 minute Don’t expect a return to normal geopolitical conditions — at least not if you think the past several decades were normal. That was Janice Gross Stein’s message March 8, in an opening address to the Canadian Crops Convention. The noted political scientist and founding director of the Munk School of Global Affairs & Public Policy […] Read more

Farmers hear from national political leaders
Reading Time: < 1 minute For the first time since at least 1980, according to a long-time member of the Parliamentary Press Gallery, a sitting Prime Minister has spoken to the annual meeting of the Canadian Federation of Agriculture (CFA). Liberal leader and Prime Minister Justin Trudeau was a last minute addition to the agenda, joining Conservative Party leader Pierre […] Read more

Trucker blockades in Brazil increase in wake of Bolsonaro election loss
Reading Time: 2 minutes Sao Paulo | Reuters – Truckers who support Brazil’s outgoing President Jair Bolsonaro escalated their protests on Monday, blocking roads in 16 states in an action that could affect agricultural exports in one of the world’s top food producers. Bolsonaro lost Sunday’s election to leftist former President Luiz Inacio Lula da Silva, but has yet to concede […] Read more

Russia halts Ukraine Black Sea grain exports, Biden outraged
Reading Time: 3 minutes Reuters – Russia on Saturday suspended participation in a U.N.-brokered Black Sea grain deal after what it said was a major Ukrainian drone attack on its fleet in Crimea, dealing a blow to attempts to ease the global food crisis. U.S. President Joe Biden denounced the move as “purely outrageous” and said it would increase […] Read more

Ukraine seeks to extend shipping safe passage deal beyond grain
Reading Time: 3 minutes Istanbul/Kyiv | Reuters – Three grain ships left Ukrainian ports on Friday while the first inbound cargo vessel since Russia’s invasion was due in Ukraine to load, as Kyiv called for the safe passage deal to be extended to other cargoes such as metals. The July 22 deal marked a rare diplomatic breakthrough as war […] Read more