The federal agriculture minister says she would like to move ahead on modernizing the Canada Grain Act before the end of the calendar year. The Act and the role of the Canadian Grain Commission in administering it have been the subject of multiple reviews and rounds of consultations, with no major changes going back to… Read More
Category: News
The Black Sea grain deal that allows Ukrainian grain exports to continue has been extended by two months, a day before the agreement with Russia was set to expire. Turkey’s President Tayyip Erdogan announced Russia had agreed to the extension early Wednesday, sending grain futures markets lower as the second consecutive 60-day extension allayed concerns… Read More
If you look at the commodity markets as of Tuesday, it’s a bit of a mixed bag, but for the most part — there’s no green on the screen. Jim McCormick of AgMarket.Net joined RealAg Radio host Shaun Haney to discuss what is going on, and where this uncertainty is coming from. As you can… Read More
Across Ontario, a stretch of dry weather has helped pushed corn planting past 80 per cent complete in many areas. “Things are rolling right along,” reports RealAgriculture agronomist Peter Johnson. In his area of southwestern Ontario, “corn is wrapping up and growers are rolling hard into soybeans,” he told a Tuesday morning virtual agribusiness breakfast… Read More
Sevita Genetics has received regulatory approval for Alinova, a non-GMO, high-oleic soybean variety, a food-grade soybean industry first for Canada. The variety, available for planting this growing season, is also tolerant to soybean cyst nematode, says Sevita. It is a mid- to late-season variety suitable for Ontario and Quebec growing conditions. Sevita says high-oleic soybean… Read More
The University of Guelph’s Department of Food, Agricultural and Resource Economics (FARE) within the Ontario Agricultural College (OAC) has announced a $1-million research chair. The Arrell Family Chair in Behavioural and Experimental Economics will support students and seed projects and enable the hiring of a lab manager for a growing research lab. The new chair will… Read More
The U.S. Department of Agriculture (USDA) published its May World Agricultural Supply and Demand Estimates (WASDE) report on Friday. Wheat futures rose between 10 and 30 cents following the report, with the global wheat outlook for 2023/24 featuring lower supplies, trade, consumption, and ending stocks compared with 2022/23. Global production is forecast at a record… Read More
Earlier this week, the House of Commons unanimously passed at third reading Senator Rob Black’s bill that seeks to establish a Food Day in Canada, thus ensuring it will become law. Twenty years after it was established, Food Day Canada officially becomes enshrined in legislation with Bill S-227, an act to establish Food Day in… Read More
The interest-free limit of the Advance Payments Program has been increased from $250,000 to $350,000 for the 2023 program year, effective May 8, 2023. This is the second expansion of the interest-free portion in the last year. It was increased from $100,000 to $250,000 for the 2022 and 2023 program years in June of 2022…. Read More
The expulsion from Canada of a Chinese diplomat earlier this week could wreak havoc on grain exports… or not. What could happen with exports is concerning, yes, but there are much more concrete factors set to shape markets in the short term, says one analyst. Ranulf Glanville with GrainFox says getting a better handle on… Read More