Canadian farmers are reeling from China's decision to impose hefty duties on their canola seed, after the surprise move spooked grain buyers into halting purchases and stoked worries there will be little demand for crop deliveries this autumn.
Tag Archives exports
Canadian farmers reel as China blocks top canola seed market
Outdoor farm show a trade supercharger says commissioner
Canada’s top trade booster sings praises of Ag In Motion’s hands on approach
Canadian Chief Trade Commissioner Sara Wilshaw says international buyers love the chance to see farm equipment in the field in Saskatchewan.
Nutrien plans major Pacific Northwest terminal to boost potash exports
Nutrien is planning a major terminal in a Canadian or U.S. Pacific northwest port to increase the flow of potash.
AAFC ups canola exports, but leaves ending stocks unchanged
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Canadian canola exports in 2024/25 will be at least a million tonnes above earlier projections, but ending stocks remain to be seen as Agriculture and Agri-Food Canada had to make some creative calculations in their latest supply/demand report.
U.S. livestock: Losses for cattle, upswing in hog prices
Live and fed cattle futures on the Chicago Mercantile Exchange were lower on Thursday, while those for lean hogs were higher. The June live cattle contract retreated 3.175 cents at 195.200 cents per pound. May feeder cattle futures dropped 2.900 cents at 275.300 cents per pound. The USDA reported wholesale boxed beef prices were lower […] Read more
Canada launches $5 billion program to help exporters reach new markets
More financing to be made available through Farm Credit Canada
Canada is launching a $5 billion program to help Canadian exporters reach new markets as part of a suite of measures to support businesses and workers in response to U.S. tariffs.
Trade tensions highlight need to diversify, strengthen Canada’s food export markets says RBC
New RBC report outlines recommendations to reclaim Canada’s sagging global marketshare and create new agri-food exports
Canada’s agriculture sector is heavily reliant on the US. A new report outlines how diversifying agri-food exports to new markets could boost Canada’s economy by billions and secure its place as a global food leader.
U.S. livestock: Cattle mixed, hogs higher
Strong export sales for cattle, hogs
Live and fed cattle futures on the Chicago Mercantile Exchange dropped back on Thursday, despite strong export sales. The United States Department of Agriculture reported export sales of 24,907 tonnes for the week ended Jan. 30. That’s up 23.5 per cent from the previous week and the most since August. The April live cattle contract […] Read more
Trump tariffs would weaken loonie, then U.S. dollar
Canadian government missing in action
With Donald Trump set to become President of the United States on Jan. 20, uncertainty continues to swirl about his threat to impose a 25 per cent tariff on all goods the U.S. imports from Canada and Mexico as early as that Monday. Should Trump press ahead with his levies, the Canadian dollar would be caught up in the collateral damage.
Crop share agreements more attractive due to tight margins
FCC analysis suggests such agreements help farmers through greater flexibility
Three consecutive years of tight margins may be making the case for crop-sharing agreements versus cash rents.
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