Big global wheat crop expected to pressure prices
World wheat stocks could climb to 271 million tonnes by the end of 2025-26, up from 264 million tonnes at the end of 2024-25
There will be plenty of wheat in the world in 2025-26, say analysts.
“As we enter mid-year Northern Hemisphere harvest, a larger-than-expected crop is expected to limit the upside in global wheat prices,” Dennis Voznesenski, agricultural economist with the Commonwealth Bank of Australia, said in his recent Agri Commodity Weekly Alert.
Farmland price drop predicted
Analysis says market correction could see values fall by 50 per cent
A technical analysis of Saskatchewan farmland values reveals they could be on the verge of tumbling by more than 50 per cent.
Trent Klarenbach, a grain marketing analyst, believes farmland values are reaching a peak and could soon be retracing to the previous high set in 1981.
North West Terminal continues to sit idle
A founding shareholder questions why the board approved raises for executives while the terminal incurred $28 million in cumulative losses since 2016
North West Terminal Ltd. is being tight-lipped about what is happening with the idled grain company.
The firm held its annual general meeting on June 18, but chief executive officer Jason Skinner refused to divulge what was discussed at the AGM.
“We’ll just go no comment because we’re in negotiations on some things,” he said.
Mann brothers settle differences
Two brothers embroiled in an eight-year-long bitter legal battle over control of a generic crop input business have “buried the hatchet.”
Jim and Jason Mann have agreed to end litigation against one another and the businesses they run, which are Farmers of North America (FNA) and AgraCity Crop & Nutrition Ltd.
“The news of the day is the Mann vs. Mann is ending and Jim and I are burying the hatchet,” said Jason.
Pulse sector fights anti-green trend
U.S. president Trump has attacked the sustainability movement, but a major pulse player urges investors to stick with the industry
A Canadian food industry executive is telling pulse companies to stick with their sustainability messaging despite attempts by powerful people to undermine the movement.
Murad Al-Katib, president of AGT Food and Ingredients, said U.S. president Donald Trump has been very vocal about his disdain for the green movement.
Good global green lentil production expected this year
Canada and the United States are both looking at sizeable crops, while conditions are also favourable in Russia and Kazakhstan
There is potential for a big increase in green lentil production in 2025-26 after several years of tight supplies, says an analyst.
Canada will lead the way with an estimated 842,000 tonnes of production, Chuck Penner, analyst with LeftField Commodity Research, told delegates attending the Global Pulse Confederation’s Pulses 2025 conference in Singapore.
Canada may struggle to find markets for its peas
Competition for sales is expected to heat up as Russia expects a bigger crop following last year’s disappointing harvest
Canada will likely be facing more competition in pea export markets this year.
Russia’s production is expected to rebound after a disappointing 2024-25 harvest, said Gaurav Jain, analyst with AgPulse Analytica.
He is forecasting 5.01 million tonnes of production in 2025-26, up from 3.92 million tonnes last year.
Canada’s canola supply grows tighter
Analysts say Agriculture Canada may have to cut its ending canola stocks estimate in half in response to booming exports
It is highly unusual to see a red number in the sea of black on Agriculture Canada’s monthly Grains and Oilseeds Supply and Disposition report.
But it happened in the May report when the department penciled in minus 609,000 tonnes for its canola feed, waste and dockage (FWD) number for the current crop year.
Market watches Russia’s wheat export potential
Wheat prices would get a boost if the country’s exports remain as low as much of the trade is beginning to forecast
A big debate is once again brewing about how much wheat the world’s leading exporter will ship out in the upcoming crop year.
The U.S. Department of Agriculture is forecasting Russia will produce 83 million tonnes of the crop and export 45 million tonnes.
SovEcon is forecasting 81 million tonnes of production and 39.7 million tonnes of exports.
U.S. bill would get canola back into biofuel game
Canola oil would be one of the main beneficiaries of proposed changes to the 45Z Clean Fuel Production Credit making their way through U.S. Congress, says an analyst.
The feedstock is not eligible for the credit under the current rules because of its unfavourable carbon intensity (CI) score.
However, under new rules contained in the budget bill that recently passed through the U.S. House of Representatives, canola’s carbon intensity score drops to 38.5 grams of carbon dioxide per megajoule from 54.9.