(Photo courtesy Canada Beef Inc.)

Russia-Turkey tensions stymie new wheat deals

Reuters — Political tension between Russia and Turkey has put a brake on new wheat deals between the two countries and created uncertainty about existing agreements, traders said Thursday. Relations between Russia, one of the world’s largest wheat exporters, and Turkey, the largest buyer of Russian wheat, have quickly deteriorated after Turkey shot down a […] Read more


Keep your eyes on the dollar

Keep your eyes on the dollar

Prairie farmers should care about the current state of world currencies in the world market

The past two years have seen some major political and economic shifts around the world. The Russia/Ukraine standoff in the Crimean region resulted in economic embargoes and sanctions against Russia. This threw a major kink into trade in that region, causing serious economic hardships. It caused internal inflationary pressures to build, devaluing the Russian ruble […] Read more

Russian harvesting technology has advanced beyond that illustrated in this Soviet-era poster.

Black Sea in it for the long haul

The Former Soviet Union, once Canada's largest wheat customer, is now its largest competitor

Black Sea wheat exports are projected at an all-time high this year, and there is good reason to have confidence in this forecast. During the 2015/16 marketing year, the U.S. Department of Agriculture (USDA) estimates that the states of the former Soviet Union excluding Latvia, Lithuania, and Estonia (FSU-12) will export a record 45 million […] Read more





Russia defends crop data reliability

Moscow | Reuters –– Russia’s agriculture ministry defended the reliability of its crop data on Thursday, after a farmers’ lobby said regional officials were pressuring farmers to report bigger grain crops to the ministry than they actually harvested this year. The ministry said its numbers, compiled by its regional departments which send “operational information” to […] Read more



Western flower thrips, which Russia says it’s found in imported flowers from the Netherlands. (Omafra.gov.on.ca)

After food, now Russia burns Dutch flowers

Moscow | Reuters –– A week after angering many in Russia by burning illegally imported Western food, authorities have started feeding Dutch flowers to the flames. Officials say blooms from the Netherlands, which supplies much of Russia’s US$2.5 billion flower market, pose safety risks because they may be infected. Critics say the “flower war” marks […] Read more