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General, Markets

Net farm income down in 2022 despite high commodity prices: StatCan

Hike in farm fuel, fertilizer and feed costs is the largest in nearly 50 years

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Farmers’ realized net income dropped by over eight per cent in 2022 as expenses outpaced the rise in cash receipts, a new Statistics Canada report says. Realized net income is the difference between cash receipts and operating expenses, minus depreciation and plus income in kind. When cannabis is included, realized net income dropped by nearly […] Read more
Liberia-flagged bulker K Sukret, carrying grain under the Black Sea Grain Initiative, waits for inspection in the southern anchorage of Istanbul on May 17, 2023. (Photo: Reuters/Mehmet Emin Caliskan)
Crops, Markets, Reuters

Black Sea grain deal slow to get moving after extension

Ukraine says Russia has effectively frozen out one port

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United Nations | Reuters — A deal allowing the safe wartime export of grain and fertilizer from Ukrainian Black Sea ports has not yet resumed full operations, the United Nations said on Friday, having come to a halt before Russia’s decision last week to extend it. The pact called the Black Sea Grain Initiative, brokered […] Read more
Aerial view of a breakwater near Ukraine’s Black Sea port of Pivdennyi (formerly Yuzhny) near Odesa. (Viktor Ketal/iStock/Getty Images)
Crops, Markets, Reuters

Russia preventing Black Sea grain deal port from operating, Ukraine says

Black Sea Grain Initiative was extended last week

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Kyiv | Reuters — The Ukrainian port of Pivdennyi has halted operations because Russia is not allowing ships to enter it, in effect cutting it out of a deal allowing safe Black Sea grain exports, a Ukrainian official said on Tuesday. The Black Sea Grain Initiative signed by Russia and Ukraine last July, and extended […] Read more
Liberia-flagged bulker K Sukret, carrying grain under the Black Sea Grain Initiative, waits for inspection in the southern anchorage of Istanbul on May 17, 2023. (Photo: Reuters/Mehmet Emin Caliskan)
Crops, Reuters

Black Sea grain deal extended for two months

Agreement has helped to tackle global food crisis

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Ankara/United Nations | Reuters — The Ukraine Black Sea grain deal has been extended for two more months, one day before Russia could have quit the pact over obstacles to its grain and fertilizer exports. Turkish President Tayyip Erdogan announced the extension in a televised speech and it was confirmed by Russia and Ukraine. The […] Read more
Vessels are seen as they await inspection under the Black Sea Grain Initiative, brokered by the UN and Turkey, in the southern anchorage of the Bosphorus at Istanbul on Dec. 11, 2022. (File photo: Reuters/Yoruk Isik)
Crops, Reuters

U.N. efforts to save Black Sea grain deal to continue in coming days

Russia demands include restarting ammonia pipeline

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United Nations | Reuters — The U.N. aid chief said on Monday efforts will continue in coming days to extend a deal allowing the safe Black Sea export of Ukraine grain, a pact Russia has threatened to quit effective Thursday over obstacles to its grain and fertilizer exports. The final two ships are due to […] Read more
Nutrien’s head office building in Saskatoon. (Liam O’Connor photo)
Crops, Markets, Reuters

Nutrien cuts earnings forecast after quarterly profit misses estimates

High fertilizer prices seen dragging on demand

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Reuters — Nutrien Ltd. on Wednesday cut its forecast for 2023 earnings as elevated fertilizer prices owed to Western sanctions on Russia and Belarus weigh on demand. U.S.-listed shares of the company fell 3.9 per cent in extended trading Wednesday as it also reported a lower-than-expected quarterly profit. Though fertilizer prices have dipped from record […] Read more
(Andreswd/iStock/Getty Images)
General, Markets

Feds lock in higher interest-free portion on cash advances

Budget boost in effect as of Monday

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A further temporary increase to the interest-free chunk of cash advances available to Canadian farmers, as telegraphed in March’s federal budget, has now gone live. Agriculture Minister Marie-Claude Bibeau confirmed Wednesday that the interest-free limit under the Advance Payments Program (APP) for the 2023 program year is now $350,000, effective Monday (May 8). The regulatory […] Read more
(Gassen/iStock/Getty Images)
Crops, Markets, Reuters

Canada will not be intimidated by China retaliation, Trudeau says

China seen as 'more sensitive about food security' now, CAPI says

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Ottawa | Reuters — Prime Minister Justin Trudeau on Tuesday said Canada will not be intimidated by China following tit-for-tat diplomatic expulsions by Ottawa and Beijing. Ottawa expelled Chinese diplomat Zhao Wei on Monday over allegations related to foreign interference, and hours later, China asked a Canadian diplomat in Shanghai to leave by Saturday in […] Read more
The deep roots in many forage plants significantly improve soil structure and soil moisture absorption and retention.
Beef Cattle, Livestock, Research

Forages offer protection from flooding

Research on the Record with Reynold Bergen

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Manitoba’s Hydrologic Forecast Centre predicted a major risk of spring flooding along the Red River a few days before this column was written. Spring floods are an annual concern in Manitoba. High precipitation, heavy soils and a flat topography mean that floodwaters can spread with devastating consequences, especially when ice jams prevent meltwater from flowing […] Read more
(Dave Bedard photo)
Crops, Markets, Reuters

Mosaic misses profit estimates on lower prices of fertilizers

Farmers seen waiting on prices to stabilize

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Reuters — Mosaic Co. on Wednesday missed Wall Street estimates for first-quarter profit on lower prices of potash and other crop fertilizers, even as the fertilizer maker sold higher volumes. Although prices of fertilizers such as phosphates and potash decreased during the reported quarter, it did not boost demand as farmers waited for pricing trends […] Read more

Canadian Cattlemen Presents: Depth of Field

Glacier Farmmedia Podcast

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AGCanadaTV: In case you missed it; your national ag news recap for July 18, 2025

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