Insights and Stories on Canada

‘Extreme drought’ expands in Prairies

May. 10, 2021 at 5:41 pm CDT

MarketsFarm — The newly released map from Agriculture and Agri-Food Canada’s Canadian Drought Monitor (CDM) shows the Prairies’ ongoing drought getting worse. According to AAFC’s nationwide map released on Friday, southwestern Manitoba, parts of southern Saskatchewan and the southeast corner of Alberta are under CDM’s classification of Extreme (D3) drought […]

Morocco reimposing 170 per cent duty on hard wheat

May. 10, 2021 at 4:46 pm CDT

By Reuters

Canada left with very tight canola, barley stocks

May. 7, 2021 at 9:11 pm CDT

By MarketsFarm

Cervus expects chip shortages may continue into fall

May. 7, 2021 at 5:12 am CDT

By Dave Bedard

Ocean freight rates at decade highs

May. 7, 2021 at 4:07 am CDT

By Phil Franz-Warkentin

U.S. grains: Corn tops $6 a bushel, soy at seven-year high

Apr. 20, 2021 at 5:21 pm CDT

Chicago | Reuters — U.S. corn futures climbed to their highest in nearly eight years on Tuesday and soybean futures neared a seven-year high as tightening supplies supported cash markets and attracted speculative buying, analysts said. Worries about dry conditions curbing corn yields in Brazil and cold weather slowing germination […]

By Julie Ingwersen

Federal budget to offer direct payments to farmers for carbon pricing

Apr. 19, 2021 at 4:50 pm CDT

The federal government’s 2021 budget offers up new spending to support farmers combatting climate change through targeted investments — and, in some cases, direct payments. Finance Minister Chrystia Freeland released the budget Monday, showing the majority of new spending will take place over three years and be largely focused on […]

By D.C. Fraser

Agriculture, agrifood wish lists pile up ahead of long-delayed budget

Apr. 16, 2021 at 8:20 pm CDT

Agriculture and agrifood sector stakeholders will learn Monday which of their requests make their way out of the pile and into a long-awaited federal budget. Federal Finance Minister Chrystia Freeland’s 2021 budget is scheduled to be released Monday in the House of Commons, at about 4 p.m. ET. Canadians didn’t […]

By D.C. Fraser

Grain, oilseed exports at strong pace

Apr. 16, 2021 at 7:07 pm CDT

MarketsFarm — Canadian grain and oilseed exports continue at a strong pace, with movement of canola, wheat and barley all running well ahead of the year-ago pace. Crop-year-to-date exports of Canada’s major grains and oilseeds as of Sunday came in at 37.78 million tonnes, according to Canadian Grain Commission (CGC) […]