By Alice McFarlane

Agriculture Roundup for Friday June 2, 2023

Jun 2, 2023 | 11:35 AM

Cereals Canada has set up a growing season progress reporting system to provide timely updates on the Prairie wheat crop.

Director of market intelligence and trade policy, Leif Carlson, said international customers want to know how the Canadian wheat crop is progressing.

“With most wheat acres in Western Canada, the report provides information about this region to our global buyers,” Carlson said.

Throughout the growing season, Cereals Canada works with provincial departments of agriculture to gather information on seeding, crop conditions and quality, and harvest for wheat in Alberta, Saskatchewan, and Manitoba.

The information is presented in a user-friendly format with provincial highlights, maps, and links to crop reports, as well as historical data for the past three years.

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Carlson said the report is a great way to get information from one source.

“We make it easy to stay abreast of what’s happening with the current wheat crop, including environmental factors that could impact crop quality or development,” he said.

The report is updated bi-weekly and can be found here.

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A proposed merger between Viterra and Bunge appears to have the support of two Canadian Pension funds.

Bloomberg reported the Canada Pension Plan Investment Board and the British Columbia Investment Management Corp. would exchange their combined 49.98 per cent stake in Viterra for investments in a merged company.

If the merger happens it would create a $25-billion agricultural company.

It’s not the first time Bunge has been through this process. In 2017, Glencore approached Bunge about a friendly takeover, but no deal was made.

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The new Arrell Family Chair at the University of Guelph (U of G) will focus on the ‘people side’ of Agri-Economics.

The new chair will be held for five years by Professor Dr. Tongzhe Li with the intention of making agri-food production more efficient and ensuring sustainable food production in Canada and around the world.

Dr. Li’s field and lab research combines economic theory with the sometimes messy and unpredictable human behaviour.

She added her work helps improve decision-making by governments, non-governmental organizations, and producer groups.

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alice.mcfarlane@pattisonmedia.com

On Twitter: @farmnewsNOW