Futures markets have seen a record-breaking run in cocoa prices in 2024, a surge exacerbated by the hedge funds that provide much of their liquidity heading for the exit.
Despite rainfall across Saskatchewan, the province's harvest still advanced five points at 79 per cent complete as of Sept. 23. This year's pace is currently ahead of the five-year and 10-year averages.
Energy production and agricultural exports out of the U.S. Gulf of Mexico were disrupted, and oil refineries in Louisiana slowed operations ahead of Hurricane Francine's landfall later on Wednesday, according to official and operator reports.
Saskatchewan reported 15 per cent of its harvest was complete, compared to 21 per cent at this time last year, but higher than the five-year average of 13 per cent and the 10-year average of 11 per cent. In the southwest region, 29 per cent of its harvest was complete while the northwest region was only at one per cent complete.
Days before Statistics Canada presents its monthly principal field crop estimates, Agriculture and Agri-Food Canada (AAFC) released its estimates on Aug. 20, showing some changes to grains from the month before.
s the harvesting of fall crops in Alberta exceeded the halfway point, the combining of the province’s spring cereals was just beginning, according to the latest Alberta crop report.
Alongside container farms in South Africa cultivating soldier flies for animal feed, solar-powered fish and crop dryers in Tanzania and machine-learning pest detectors in Kenya, Africans are coming up with innovative solutions to overcome the effects of climate change on food production.
North American cannabis firms, facing prohibitive laws, an overcrowded market and a deeply entrenched illicit sector at home are ramping up investments in Germany after the country partly legalized marijuana use.