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Oilseeds

Nutrien’s head office building in Saskatoon. (Liam O’Connor photo)
Crops, Markets, Reuters

Nutrien’s interim CEO named CEO

Seitz sees 'a lot of uncertainty' continuing in market

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Reuters — Canada’s Nutrien Ltd., the world’s largest potash fertilizer producer, named Ken Seitz as chief executive on Monday, removing the interim tag. Nutrien in January surprised investors by replacing its CEO for the second time in eight months. It then named Seitz, the head of its potash business, as interim CEO, replacing Mayo Schmidt. […] Read more
CBOT December 2022 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and green lines). (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn, soybeans slip after Midwest rains

Traders looking ahead to USDA report on Friday

By
Chicago | Reuters — U.S. corn and soybean futures eased on Monday as improved weather in parts of the U.S. Midwest’s farm belt boosted harvest prospects for crops stressed recently by high temperatures and dryness. Chicago Board of Trade wheat firmed as the dollar softened, although gains were limited by improving prospects for exports from […] Read more
Oat crops topped out at 81 per cent good to excellent in Alberta. Photo: iStock
Crops

Alberta crops improve tremendously over last year 

By
Crops in Alberta remain in good shape as the latest crop report noted all crops across the province are 72 per cent good to excellent. That’s a huge improvement compared to this time last year when drought pushed crops down to 20 per cent good to excellent. Rain, especially in June proved to be very […] Read more
Agriculture Minister Marie-Claude Bibeau on July 19 attended an event in Winnipeg marking the 50th anniversary of Cereals Canada with that organization’s CEO Dean Dias. (Dave Bedard photo)
Crops

Direct compensation for fertilizer tariffs not on table

Eastern farm groups call for help ahead of fall seeding

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Farmers in Eastern Canada who rely on imports of Russian-made fertilizers aren’t going to see direct compensation for the federal government’s general tariff on those products. A clutch of farmer and ag industry groups on July 15 put forward a new request to Ottawa for compensation to farmers “negatively impacted” by a 35 per cent […] Read more
File photo of Black Sea port facilities at Odesa, Ukraine. (Leskas/iStock/Getty Images)
Crops, Markets, Reuters

Outraged by strike on Odesa, Ukraine still prepares to resume grain exports

Accord had sought to avert major global food crisis; attack shows Moscow can't be trusted on deal, Zelenskiy says

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Kyiv | Reuters — Ukraine pressed ahead on Sunday with efforts to restart grain exports from Odesa and other Black Sea ports after a missile attack that cast doubt over whether Russia would honour a deal aimed at easing global food shortages caused by the war. President Volodymyr Zelenskiy denounced the strikes on Odesa as […] Read more
CBOT September 2022 wheat (candlesticks) with 20-day moving average (green line), MGEX September 2022 spring wheat (yellow line) and K.C. September 2022 hard red wheat (orange line). (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat falls six per cent on Ukraine grain export deal

CBOT corn sags, soy rallies

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Chicago | Reuters — U.S. wheat futures fell nearly six per cent on Friday to their lowest level since February after Russia and Ukraine signed a landmark deal to reopen Ukrainian Black Sea ports for grain exports, traders said. Corn fell almost two per cent on the news but soybean futures closed higher, rebounding from […] Read more
File photo of a lighthouse at the Ukrainian port of Chernomorsk on the Black Sea. (Larysa Shcherbyna/iStock/Getty Images)
Crops, Markets, Reuters

Ukraine, Russia sign deal to reopen grain export ports

Russia says it 'won't take advantage' of de-mining of ports

By
Istanbul/Kyiv | Reuters — Russia and Ukraine signed a landmark deal on Friday to reopen Ukrainian Black Sea ports for grain exports, raising hopes that an international food crisis aggravated by the Russian invasion can be eased. The accord crowned two months of talks brokered by the United Nations and Turkey, a NATO member that […] Read more
(Dave Bedard photo)
Crops, Markets

AAFC raises wheat, canola production estimates

Ending stocks outlook mixed

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MarketsFarm — Canadian wheat and canola production are both expected to come in above earlier expectations in updated supply/demand projections from Agriculture and Agri-Food Canada, released Thursday. However, while wheat stocks are also expected to rise, the canola carryout was revised lower due to expected increases in exports and domestic usage. The government agency raised […] Read more

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