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Pulses

The Cascadia grain terminal at the Port of Vancouver is co-owned by Viterra and Richardson International. (Viterra.ca)
Crops, Markets

Transport Canada to review Bunge-Viterra marriage plans

Competition Bureau also to probe proposed deal

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Canada’s federal transport department will conduct its own review of U.S. grain giant Bunge’s plans to buy and merge with Viterra — with an eye particularly on both companies’ stakes in Canadian port terminals. Transport Minister Pablo Rodriguez announced Tuesday that his department will review the deal under the mergers and acquisitions provisions of the […] Read more
Lentils. (Seb_ra/iStock/Getty Images)
Crops, Lentils, Markets

Pulse weekly outlook: India dispute leaves lentils’ future uncertain

India was Canada's top customer in 2022-23

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MarketsFarm — As tensions between Canada and India remain very high, the future direction for Canadian lentils continued to be uncertain. “Your guess is as good as mine,” Marcos Mosnaim of Export Packers said as to what could happen, adding “Canada has to be careful. I don’t know what India will do.” Prime Minister Justin […] Read more
(Iggi_Boo/iStock/Getty Images)
Crops, Markets, Pulses

Pulse weekly outlook: Canada’s prices well supported given smaller crops

Dispute between Canada, India to be watched closely

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MarketsFarm — Canadian pulse production came in well below average in 2023, keeping prices supported for the time being. Total pea production was pegged at 2.27 million tonnes by Statistics Canada on Thursday. That was up slightly from the 2.19 million tonnes forecast in August, but well off the 3.42 million tonnes grown the previous […] Read more
(Dave Bedard photo)
Crops, Markets, Reuters

Cargill agrees to sell stake in Russian grain terminal

Buyer says deal under government review

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Reuters — U.S.-based commodities trader Cargill said on Thursday it had agreed to sell its stake in a Russian grain terminal to Russia’s Delo Group. “In line with Cargill’s earlier announcement to stop the export of Russian grain in July 2023, we can confirm we have reached an agreement with Delo to sell our 25 […] Read more
(File photo by Dave Bedard)
Crops, Markets, Weather

Canada bumps up wheat harvest view, trims canola estimate

StatCan releases yield outlook as of Aug. 31

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Winnipeg | Reuters — Canadian farmers will harvest slightly more wheat and a bit less canola than expected earlier in summer, but dry conditions will keep both crops small, a government report showed on Thursday. Farms in North and South America, Europe and Australia are facing crop losses as extreme weather spreads over an unusually […] Read more
File photo of a pea crop south of Ethelton, Sask. on Aug. 1, 2019. (Dave Bedard photo)
Crops, Markets, Pulses

Pulse weekly outlook: Saskatchewan production, yields ‘slightly lower’

Peas, lentils over 90 per cent harvested

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MarketsFarm — Dale Risula, Saskatchewan’s provincial specialist for pulses, forages and specialty crops, said that while this year’s harvest is progressing well, he expects average-at-best pulse production this year. As of Sept. 4, the province’s dry pea harvest was 92 per cent complete, while 91 per cent of the lentil crop was combined. Only 51 […] Read more
(Bhofack2/iStock/Getty Images)
Crops, Markets, Reuters

U.S. food companies go deal hunting as pandemic growth fades

Twinkies maker Hostess exploring a sale

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Reuters — U.S. packaged food companies are set for a flurry of deals in a push to revamp their brand portfolios as their pandemic-era fortunes fade and benefits of price hikes start to taper off. Last month, Campbell Soup struck a $2.7 billion deal for Rao’s sauce maker Sovos Brands (all figures US$). Unilever bought […] Read more
Container ships pass through locks on the Panama Canal in this file photo. (CIA.gov)
Crops, Reuters, Weather

Panama Canal water levels at historic lows, restrictions to remain

Lake feeding canal low on rainfall

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Panama City | Reuters — The Panama Canal’s water levels have not recovered enough as the end of the rainy season approaches and limits on daily transit and vessel draft will stay in place for the rest of the year and throughout 2024, the waterway’s authority said on Tuesday. The restrictions, implemented earlier this year […] Read more
Green lentils. (Savany/iStock/Getty Images)
Crops, Markets, Pulses, Weather

Pulse weekly outlook: Poor monsoon rains cut into India production

Canadian crops also expected lower

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MarketsFarm — Disappointing monsoon rains in India this year are expected to cut into the country’s pulse production, according to reports out of the country. Crop production in India is highly dependent on the monsoon rains that typically soak the country from June through September, but the moisture to date was about nine per cent […] Read more
(Video screengrab from University of Guelph/OAC video via YouTube)
Crops

OAC to offer new master’s program in plant agriculture

New program would run alongside research-based degrees

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Ontario Agricultural College is seeking approvals to offer a new master’s degree in plant agriculture, which would designate plant science professionals operating at a grad-school level but not on the traditional research-based path. OAC said Wednesday its proposed new “master of plant agriculture” (MPAg) program would allow recent graduates and professionals to “quickly upgrade education […] Read more

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