“The president listens. (But) obviously he has a different opinion about the benefits of tariffs, at this point in time.” – Sonny Perdue, U.S. secretary of agriculture

U.S. agriculture secretary agrees with Canada in tariff dispute

Sonny Perdue admits the U.S. President has a different opinion

Canada has a friend in Washington. Sonny Perdue, the United States agriculture secretary, believes the American government should drop tariffs on steel and aluminum from Canada and Mexico as soon as possible. “We recognize from our industry and our sector, it’s in all of our best interests to see that it happens,” said Perdue, who […] Read more

Dairy farmers have been concerned about the continued expansion of the dairy market with the signing of three trade deals which all gave up access to Canada’s dairy market.

Easing concern about CUSMA dairy concessions

Al Mussell sees potential for some Canadian ingredients to continue crossing border

Once the dust has settled on the ratifications of the Canada-United States-Mexico trade agreement (CUSMA), access to U.S. markets for certain Canadian dairy ingredients could meet or even exceed what previously existed. At least that was the assertion made by Al Mussell, research lead at Guelph-based Agri-Food Economic Systems, during a recent dairy producer information […] Read more

Despite increasing acres of corn expected in the United States, supplies are expected to remain tight during the coming growing season.

Stable soybean prices could mean a lower drop in U.S. acres than expected

Chinese interest in buying Canadian soybeans remains quiet due to political tensions

Compared to two weeks ago, Ontario old crop soybean prices are up 15 to 20 cents per bushel while corn and wheat prices are unchanged. Adverse weather has caused farmer selling to come in below expectations. Therefore, basis levels are functioning to enhance farmer selling. Argentina continues to experience favourable growing conditions; timely rains have […] Read more

Brazilian soybean shipments continue to be competitive in China. Some Canadian shipments are being delayed.

Chinese demand for Canadian soybeans goes quiet

Traders are connecting Canada’s arrest of a Huawei employee with the slower demand

Compared to two weeks ago, Ontario grain and oilseed prices are relatively unchanged for old crop delivery positions. However, new crop prices are unchanged to slightly lower. Seasonally, farmer selling tends to increase in January while export demand moves through a slower period. Argentina corn and soybean crops have experienced favourable weather; however, Brazilian soybean […] Read more

An aerial view of the port of Rosario, Argentina, on the shore of the Parana River. The grains hub has been receiving shipments of U.S. soybeans as a trade war has disrupted the rational flow of products.

U.S. farmers fret as Chinese soy purchases move elsewhere

Strange trade flows — U.S. beans to Argentina, Argentine beans to China, Argentine beef to the U.S.

Reuters – A ship named the Torrent recently reached the end of a 5,000-mile trip carrying soybeans from the U.S. Great Lakes to Argentina — a journey that only makes economic sense because of the U.S.-China trade war. The ship docked in the Rosario grains hub on Dec. 4, days after the leaders of the […] Read more

The second phase of the federal government's support program opens on Jan. 7, 2019.

Next dairy support program changes format

The second part of the program will have two application stages in order to give more farmers a chance

The second phase of the federal government’s program to help dairy farmers adapt to the Comprehensive Economic and Trade Agreement (CETA) with Europe will attempt to make the program available to more farmers. The first phase of the program was filled rapidly, as farmers with ready projects, were able, with help from their suppliers, to […] Read more

Editorial: The market’s knife edge

We like to think that markets are rational — that they independently move up and down based on fact, not emotion. But when they are confused, or befuddled by signals that haven’t been there before, they can be downright unpredictable. A recent Farm Credit Canada look at 30 years of data around market volatility shows […] Read more

Corn has sat in Ontario fields during regular November rains.

Weather makes for different corn harvest conditions in Ontario and the U.S.

American farmers are close to finished corn harvest, compared to Ontario farmers waiting for clearer weather

Adverse rains have hindered harvest progress across Ontario. Farmers have harvested approximately 75 per cent of the soybeans and 25 per cent of the corn. Yield reports are slightly higher than expected and total production will likely finish above the recent Statistics Canada estimates. Vomitoxin appears to be quite prevalent on the early corn samples […] Read more

Canada's Foreign Minister Chrystia Freeland and China's Foreign Minister Wang Yi shake hands during a bilateral meeting on the sidelines of the ASEAN Foreign Ministers' Meeting in Singapore this past August.

Opinion: Canada’s new foreign charm offensive

Capital Letters with Kelsey Johnson of iPolitics

In the months after U.S. President Donald Trump was elected to the Oval Office, the Trudeau government launched a major charm offensive. Minister after minister headed south for meetings with American officials including congressmen, senators, governors and senior staff within the Trump administration. Parliamentary committees travelled south to meet with their American counterparts and Canadians […] Read more

U.S. Trade Representative Robert Lighthizer discusses the United States-Mexico-Canada Agreement (USMCA) as U.S. President Donald Trump and U.S. Treasury Secretary Steven Mnuchin look on during a news conference in the Rose Garden of the White House in Washington, U.S., October 1, 2018.

Trump administration plans new trade talks with EU, UK, Japan

Congressional approval must be granted under fast-track rules

Washington | Reuters – The United States Trade Representative’s office told Congress in mid-October it intends to open trade talks with the European Union, the United Kingdom and Japan. Under fast-track rules, the United States cannot start talks with the EU, Japan and the United Kingdom until 90 days after notifying Congress. Why it matters: […] Read more