Farmers say Canadian wheat faces threat of quality downgrades
Mike Ammeter barely received a drop of rain on his Alberta farm all summer, reportsBloomberg News. Now, wet and snowy weather has kept him from harvesting his crops for five weeks.
“There’s a lot left to be done,” said Ammeter, 58, who hasn’t been able to harvest any of the 1,300 remaining acres of canola, wheat and barley that’s sitting under 1 inch (2.5 centimeters) of snow on his farm west of Red Deer, Alberta. “The wheat is going to be downgraded for quality. Those losses are already done.”
It’s unfortunate timing for Canada, one of the world’s top wheat suppliers and the biggest canola exporter. The U.S.-China trade war and production problems for Russia and Australia are creating an opening for Canada to grab more market share in the global crop trade. While the nation’s wheat exports are running ahead of last year so far, further harvest delays could impede some of those sales.
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