world ag news

Wheat Market: China cutting back purchases, Russia move involved in private wheat trade

Wheat Market: China cutting back purchases, Russia move involved in private wheat trade

Apr 10, 2024 | 2:10pm
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 […]
Government figures show agri-food exports to three markets increased in 2023

Government figures show agri-food exports to three markets increased in 2023

Mar 28, 2024 | 10:15am
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 […]
More time granted to export yellow peas to India

More time granted to export yellow peas to India

Feb 26, 2024 | 3:36pm
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 […]
Grain shipments continue amid conflicts in Ukraine, Middle East

Grain shipments continue amid conflicts in Ukraine, Middle East

Jan 16, 2024 | 3:35pm
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 […]
Pulse Canada optimistic trade to India won’t be disrupted despite ongoing tensions

Pulse Canada optimistic trade to India won’t be disrupted despite ongoing tensions

Oct 24, 2023 | 3:57pm
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 […]
Cattle groups “say no” to U.K. joining trade agreement until barriers on Canada are removed

Cattle groups “say no” to U.K. joining trade agreement until barriers on Canada are removed

Sep 13, 2023 | 3:58pm
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 […]
Wheat prices: Sales impacting Russia, Indian wheat enjoying a rally

Wheat prices: Sales impacting Russia, Indian wheat enjoying a rally

Aug 11, 2023 | 9:01am
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 […]
Durum prices may not rise to 2021 levels: Market Analyst

Durum prices may not rise to 2021 levels: Market Analyst

Aug 10, 2023 | 5:24pm
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, […]
Concerns rise over global food prices increasing

Concerns rise over global food prices increasing

Aug 4, 2023 | 2:47pm
The U-N Food and Agriculture Organization is concerned global food prices are rising since Russia pulled out of a deal allowing Ukraine to ship grain out of Black Sea ports. Vegetable oil prices jumped 12.1 per cent between June and July and sunflower oil prices surged 15 per cent on fresh uncertainties about supplies following […]