By Alice McFarlane

Agriculture Roundup for Monday, July 17, 2023

Jul 17, 2023 | 2:01 PM

Russia is suspending the Black Sea Grain initiative that was letting grain flow from Ukraine to countries in Africa, the Middle East and Asia where hunger is a growing threat.

Kremlin spokesperson Dmitry Peskov said grain won’t start shipping again until Russia’s demands to get its own food and fertilizer to the world are met.

Turkey’s president who helped broker the initial deal said his foreign minister will speak with his Russian counterpart today and he’s hopeful the deal will be extended.

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Canadian beef and pork farmers are calling on members of Parliament to vote against the U.K.’s membership in a major Asia-Pacific trade group.

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The farmers, as well as Canadian meat processors, are angry about Saturday’s announcement that the U.K. has been granted accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

The CPTPP is a trading bloc that includes Canada and 10 other nations, encompassing 500 million people and 15 per cent of the world’s economy.

But Canada’s meat industry said the U.K. should not be able to join, since Canadian beef and pork producers don’t have fair access to the U.K. market.

The meat industry said the federal government must reject the U.K.’s membership in the trading bloc through a vote in Parliament or compensate farmers and processors for the financial losses that will result.

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A tentative agreement in the strike affecting B.C. port workers has those people back on the job, but the impact on Saskatchewan will last a bit longer.

As a result of the strike, Nutrien announced last Tuesday that production capacity at its Cory potash mine southwest of Saskatoon would be reduced.

The company said in a statement the curtailment was due to the loss of export capacity through Canpotex’s Neptune Terminal in B.C., but recovery isn’t expected to be swift following the tentative settlement.

In a release Friday, the company said it expects it will take time for the supply chain to recover from the disruption of the strike.

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alice.mcfarlane@pattisonmedia.com

On Twitter: @farmnewsNOW