Chicago | Reuters — President Donald Trump’s tariff battle with key buyers of U.S. apples, soybeans and corn threatens the support of some of his biggest backers — U.S. farmers now seeing their livelihoods in jeopardy. Farmers overwhelmingly supported Trump in the 2016 election, welcoming how he championed rural economies and vowed to repeal estate […] Read more
Tag Archives export markets — page 2
Trump’s tariff war threatens to erode support of farmers
U.S. meat groups fear for market growth with China beef tariff hike
Chicago | Reuters — China’s proposal on Wednesday for tariffs on U.S. beef confirmed the worst-case scenario for the U.S. cattle industry, trade groups said Wednesday, even as they remained hopeful the dispute could be resolved quickly. China listed U.S. goods from soybeans to beef that could potentially incur a 25 per cent import tariff […] Read more
Soy drinks drive Taiwan IP-soybean imports
Canada is now the leading supplier to the country
Canada’s exports to Taiwan continue to increase to a 60 per cent market share in non-genetically modified (GM) soybeans in 2017. Exports of non-GM and commodity soybeans increased 416 per cent from 2012 to 2017, totaling 46,000 tonnes. Taiwan’s market is still dwarfed by Canada’s export of soybeans to Japan, which last year totaled 340,000 […] Read more
Corn Fed Beef program looks to growing Asia market
The Ontario Corn Fed Beef program continues to expand, now accounting almost all of the branded beef exported from the province. Why it matters: Branded beef programs continue to grow and the Ontario Corn Fed Beef (OCFB) program is now the most valuable branded beef program in Canada. In order for it to continue to […] Read more
Surprise Indian duty on peas leaves Canada scrambling
Winnipeg | CNS – The Canadian pea industry was shocked Wednesday morning to wake up to a notice from India declaring a 50 per cent tax on pea imports to the country. “This sort of moves us beyond even where India has been before in pulse import duties … more than a decade ago we […] Read more
Soaring river freight hits U.S. farmers
Chicago | Reuters — U.S. farmers are running out of options for their just-harvested corn and soybeans as delays on the Mississippi River, the main conduit for crops to export markets, cause shipping backlogs, while grain storage on the river’s banks is filling up. Low river levels and backups at aging locks have slowed navigation […] Read more
U.S. ethanol expected to be competitive in 2017
San Diego | CNS Canada –– Weaker commodity prices and less international competition are expected to lend demand and profitability to the U.S. ethanol market in 2017, one analyst says. But changing political and policy environments — in the U.S. and abroad — add an element of uncertainty to the market, and the potential to […] Read more
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