Wheat markets could be decided by weather instead of international events

Apr 12, 2023

With COVID and the war in Ukraine, international wheat markets have been thrown for a loop over the past few years.

This upcoming grain market year could bring something different: an entire year that's decided by the weather, at least in the North American market.

Ranulf Glanville, the Chief Market Analyst at DePutter explains why.

"I think the wheat market is one where the weather really holds the key. We've come through the winter, we know the US winter wheat crop is in terrible condition in key states. Spring wheat we have big unknowns with the planting, still very wet and cold in many of the spring wheat areas in the US and Canada."

That's compounded by some upcoming warmth which could set the stage for success in some areas.

"A lot of the talk, just lately, has been a much warmer system pushing into the midwest, the bug, soft red states. Whether it's Ohio, Missouri, or even Ontario. Really what I think we're setting up for here is a really interesting spring where you could see some of the wheat markets maybe move independently."

Click here to see more...

Video: When is Sustainable Packaging Coming in the Canadian Agri Food Industry? 3 Critical Perspectives

Canada’s regulatory landscape on single-use plastics is complex but a recent ruling by the Federal Court of Appeal sided with the government’s intent to eliminate single-use plastics. What does this mean for the Canadian agri-food industry? How can companies find the right balance between regulatory compliance and implementing costly alternative solutions? What are retailers and consumers saying about sustainable packaging? This webinar features Joshua Goodman, Head of Corporate Sustainability, Sobeys; Marie-Anne Champoux-Guimond, Director of Sustainability, Keurig Dr Pepper Canada and Glenford Jameson, Canadian Food Lawyer, G.S. Jameson and Company

This 60-minute webinar brings together three industry leaders to examine the opportunities, challenges, and realities of the path forward. In this session, you will gain insights into:

•Canada’s regulatory roadmap and timeline on eliminating single-use plastics

•Current end-of-life solutions for plastics and alternative packaging solutions

•The need to have a corporate strategy that aligns with reality at the retail shelves

•How major brands and retailers are pivoting

•Supply chain considerations

•Common misconceptions