world ag news

The newly elected Labour Party in the United Kingdom has its work cut out for it when it comes to several issues, including trade. In particular, the new U.K. government will need to address the currently stalled bi-lateral trade negotiations with Canada. It’s been on hold since January when British negotiators, working under the Conservative […]

China remains Canada’s largest wheat customer, even though purchases are down about 15 percent compared to the same point during the last crop year. In the 2022/23 season, China accounted for three million tonnes or 26 percent of all Canadian wheat exports. At the current pace, the 2023-24 crop year will be have sales around […]

Saskatchewan agri-food exports to Indonesia, Morocco, and Algeria increased in 2023 over the previous year, according to the provincial government. Export volumes to Indonesia rose 62 percent; non-durum wheat is the top commodity exported to the nation, which grew to be Saskatchewan’s “sixth-leading agri-food market in 2023” according to the government. Algeria, the province’s “fourth-leading […]

India has extended the timeline for duty-free imports of yellow peas by one through the end of April. There have been duty-free imports on yellow peas since early December. It was part of New Delhi’s intervention to cool the prices of the overall pulse basket. India largely imports yellow peas from Canada and Russia. India […]

The United Kingdom deciding to suspend bi-lateral trade negotiations with Canada over a handful of issues may be a tactic that could backfire, according to Canada’s High Commissioner Ralph Goodale. On Thursday, the U.K. announced the suspension of talks after Canada decided not to extend two temporary trade measures – a special quota on U.K. […]

Container shipping rates on key global trade routes are soaring following the United States and British air strikes on Yemen rebels. The Houthi forces have been attacking container ships in the Red Seas, with assistance from Iran. Major companies have also stopped using the Suez Canal and are sending vessels around the Cape of Good […]

The President of Pulse Canada is optimistic there won’t be any disruptions to the flow of products to India, despite ongoing tensions between India and Canada. Greg Cherewyk believes that based on connections made over the past 30 years. “The people-to-people ties, the business-to-business ties, and even the industry-to-industry relationships that we’ve developed at Pulse […]

Three cattle groups are calling on the federal government to defend Canada’s science-based trade standards. The Canadian Cattle Association, Canadian Meat Council, and the National Cattle Feeders’ Association launched a campaign yesterday (Tues) called “Say No to a Bad Deal”. President of the CCA Nathan Phinney says the campaign raises awareness of ongoing bi-lateral trade talks between Canada and the […]

The war in Ukraine isn’t just impacting Ukrainian grain shipments, it is also taking a toll on Russia’s wheat sales.  Russia’s lack of ships and Western grain traders’ waning appetite for business with Moscow are adding to rising costs of moving Russian wheat. Russian President Vladimir Putin promised to replace Ukrainian grain with Russian shipments […]

A Chief Market Analyst with Grain Fox believes durum wheat prices won’t spike to 20 dollars a bushel like they did in 2021. Neil Townsend could see durum trade around 15 dollars, but it largely depends on demand around the world. “There’s a big shortage in Tunisia, tight situation in Algeria, big shortage in Morocco, […]