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- (-) March 2023
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Rice export prices increased 2-3 percent, reflecting new inquiries that offset the depreciation of the Thai baht.
Canada Border Services Agency (CBSA) will implement the second release of its Assessment and Revenue Management (CARM) project in October 2023.
Following a review of aluminum in foods, Health Canada announced, on March 9, 2023, its intention to revise certain permitted uses of aluminum-containing food additives.
On March 6, 2023, the federal government opened applications for six programs under the Sustainable Canadian Agricultural Partnership (SCAP), Canada’s new iteration of its five-year farm policy framework.
Dryness persists in scattered growing areas of Alberta and Saskatchewan. However, there is still time for spring precipitation. Meanwhile, most eastern soybean producers await warmer temperatures to dry the heavy-to-adequate snow accumulation.
Canada's Pest Management Regulatory Agency (PMRA) announced two consultations on proposed maximum reside limits (MRL) for Benzovindiflupyr and Teflubenzuron.
Canada announced a consultation on proposed changes to the Health of Animals Regulations (Identification and Traceability), which will run from March 18, 2023 until June 16, 2023.
Rice export prices increased 2-3 percent due to the strengthening of the Thai baht which offset the downward pressure on domestic rice prices.
Post forecasts MY2022/23 cotton imports to increase 4 percent but remain well below the 5-year average annual import demand from MY2017/18 – MY2021/22 in anticipation of slow economic recovery in 2023.
Post forecasts that MY2023/24 rice production will reach a five-year record of 20.4 million metric tons due to abundant water supplies and attractive farm-gate prices.
Rice export prices decreased 1 percent as new supplies of MY2022/23 off-season rice continued entering the market.
Rice export prices increased 1 percent.