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Agriculture Roundup for Tuesday September 20, 2022

MELFORT, Sask. – A rail strike in the United States was averted, much to the relief of the agriculture sector.

Agricultural Retailers Association president Daren Coppock said a strike would have gridlocked commodity supply chains during harvest.

He said farm retailers were already feeling the impact of a potential strike as railroads started to cancel shipments of fertilizer products such as anhydrous ammonia and affecting domestic fertilizer production earlier last week.

A labour deal was brokered by Labour Secretary Marty Walsh who tweeted a deal was reached after roughly 20 hours of talks.Specific details on the agreement were not released. The talks involved 12 unions representing more than 100,000 engineers, conductors, mechanics, and other railroad workers.

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Canola Near $800: The Prairies Tell Two Stories

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On this Cuppa Coffee from What the Futures Podcast, Ryan Denis and guest Chuck compare drowned-out Prairie acres with strong crop potential and explain what that split could mean for canola, wheat, peas, and lentils. They also discuss canola near $786, improving crush basis, rising urea prices, European heat, 2027 spring wheat, and China’s pea starch tariff.