(File photo by Dave Bedard)

Canada bumps up wheat harvest view, trims canola estimate

StatCan releases yield outlook as of Aug. 31

Winnipeg | Reuters — Canadian farmers will harvest slightly more wheat and a bit less canola than expected earlier in summer, but dry conditions will keep both crops small, a government report showed on Thursday. Farms in North and South America, Europe and Australia are facing crop losses as extreme weather spreads over an unusually […] Read more

(File photo by Dave Bedard)

Canada to harvest less wheat than expected due to drought

Canola, barley, oats output also projected lower

Winnipeg | Reuters — Canadian farmers will harvest less wheat than expected after dry conditions in parts of the Prairie provinces shrunk yields, a government report showed on Tuesday. Drought is expected to send global wheat stockpiles for major exporters to the lowest levels in more than a decade, a Reuters analysis has shown. Canada […] Read more


The malting floor at Anglia Maltings’ Crisp Malt facility in the U.K. (Photo: CNW Group/Richardson International Ltd.)

Richardson buys into European malt market

Winnipeg agrifood firm buys U.K.-based Anglia Maltings

Paris | Reuters — Canada’s biggest grain merchant Richardson International is entering the malt sector through the acquisition of U.K.-based Anglia Maltings Holdings (AMH), targeting rising demand for the beer and whisky ingredient, Richardson said on Friday without disclosing financial terms. Anglia Maltings operates seven malt facilities in the U.K., Poland, and Germany, with combined […] Read more

Viterra’s oilseed crush plant at Becancour, Que. (Viterra.com)

Bunge deal for Viterra to boost oilseed dominance, renewable diesel potential

Canada's Competition Bureau pledges to review deal

Chicago | Reuters — Bunge’s planned acquisition of Viterra would make the world’s biggest oilseed crusher even more dominant and secure a larger role in the expanding renewable diesel industry, although it may face competition hurdles. Under the deal to create an agricultural giant worth about $34 billion including debt, Bunge’s crushing capacity will increase […] Read more


File photo of a chicken processing line in Ukraine. (AlexanderLipko/iStock/Getty Images)

Canada extends Ukraine tariff-free access

Access to supply-managed sectors tightened

Winnipeg | Reuters — Canada on Friday extended Ukraine’s tariff-free access for most goods, but tightened access for eggs, poultry and dairy — sectors protected under the Canadian supply-management system. Finance Minister Chrystia Freeland said tariff relief for Ukrainian goods such as steel — a temporary measure started a year ago — would continue for […] Read more

Members of the Third Princess Patricia’s Canadian Light Infantry (3PPCLI) take part in wildfire prevention operations near Grande Prairie, Alta. on May 12, 2023. (Photo: MCpl, Cass Moon/Canadian Forces/Handout via Reuters)

Air quality deteriorates as wildfires rage in Western Canada

Evacuations continue in Alberta, B.C., Saskatchewan

Reuters — Calgary received a special weather alert on Tuesday, warning residents of poor air quality and reduced visibility as tinder-dry weather and shifting winds elevated the risk of spreading wildfires in Alberta’s north and west. As of Tuesday evening 89 wildfires are active in Alberta, with 25 out of control, according to the provincial […] Read more


Smoke rises from a wildfire near Wildwood, Alta., about 100 km west of Edmonton, on May 5, 2023. (Photo: Alberta Wildfire/Handout via Reuters)

Alberta ‘crossing fingers’ for rain amid wildfires

CN mainline traffic west of Edmonton suspended

Reuters — Firefighters were counting on rain and cooler weather forecast for Monday to help them quell a dramatic start to Alberta’s wildfire season. The province declared a state of emergency on Saturday in response to wildfires in northern and central regions that have displaced nearly 30,000 people and prompted energy producers to shut in […] Read more

The Mosaic Co. potash mine at Colonsay, Sask., southeast of Saskatoon. (MosaicInCanada.com)

Mosaic says stockpiles too high to restart Saskatchewan mine

Company expects Russia, Belarus 2023 potash exports at 2022 level

Winnipeg | Reuters — Fertilizer producer Mosaic Co. does not currently see the right market conditions to restart its idled Saskatchewan potash mine, with high inventories in the U.S. and Brazil and cold weather slowing trains from Canada, CEO Joc O’Rourke said Wednesday. Mosaic curtailed potash production in December at its Colonsay, Sask. mine, but […] Read more


Vehicles are shown wrecked along the Highway 401/402 corridor near London, Ont. on Dec. 23, 2022. (Ontario Provincial Police photo via Twitter)

Winter storm causes havoc across Canada

Alberta ranchers shelter cattle against winds

Ottawa/Winnipeg | Reuters — Strong winds, freezing rain and heavy snowfall closed schools, cut power to homes and cancelled flights across Canada on Friday as a powerful winter storm swept across the country, prompting authorities to warn people to stay indoors ahead of worsening conditions. The storm is connected to the same freezing weather system […] Read more

CBOT March 2023 soft red winter wheat with 20-day moving average (green line), MGEX March 2023 hard red spring wheat (yellow line) and K.C. March 2023 hard red winter wheat (orange line). (Barchart)

U.S. grains: Wheat plunges to three-month low on export competition

Corn also down on weak demand, soybeans rise after selloff

Winnipeg | Reuters — Chicago wheat extended losses on Friday to a fresh three-month low as modest weekly U.S. exports kept traders’ focus on competition from cheaper Black Sea supplies. Corn also fell, while soybeans rebounded, consolidating after a selloff in the previous session over disappointing U.S. biofuels levels. The most-active wheat contract on the […] Read more