Reading Time: < 1 minute CNS Canada — A new United Nations report suggests just how climate change will reshape agriculture by 2050 — and that Canada’s production capacity stands to benefit. International trade will play an ever-larger role in helping to feed people in food-deficient regions, as warmer temperatures and less precipitation will damage yields in many tropical areas, […] Read more

Canada’s ag output seen likely rising under climate change

U.S. grains: Corn tumbles after USDA boosts production forecast
Reading Time: 2 minutes Chicago | Reuters — Chicago corn futures fell 3.6 per cent on Wednesday, for their biggest daily declines since April, after the U.S. Department of Agriculture raised its forecast for U.S. production more than analysts expected, traders said. Wheat futures also tumbled, tracking losses in corn and on pressure from USDA unexpectedly boosting Russia’s wheat […] Read more

Pulse weekly outlook: Chickpeas buck pulse trend
Reading Time: 2 minutes CNS Canada — Saskatchewan farmers are expected to turn in a smaller pulse harvest this fall, although chickpea production is bucking the overall downward trend. Chickpeas are the only Saskatchewan pulse crop to post a production increase, in Statistics Canada’s latest estimate of 2018 production. The estimates show Saskatchewan growers are expected to harvest about […] Read more

Pulse weekly outlook: Wider price spreads likely with big chickpea crop ahead
Reading Time: 2 minutes CNS Canada — Canadian farmers planted their largest chickpea crop in more than a decade in 2018, with the bigger crop likely to lead to a wider price spread between larger- and smaller-calibre supplies. Statistics Canada has placed chickpea acreage for 2018 at 468,900 acres, which would be well above the 160,000 acres planted in […] Read more

U.S. grains: Wheat slips on bearish USDA crop forecast
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat futures fell to a near two-week low on Thursday after the U.S. Department of Agriculture’s first official estimate of the 2018-19 U.S. wheat harvest came in above trade expectations. Soybean futures rose, while corn followed wheat lower. CBOT July wheat settled down four cents at $5.06-1/2 […] Read more