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
Tag Archives international trade — page 13
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.
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
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
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
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
CPTPP trade agreement ratified
Canada will be among the original six and will gain some benefit from moving early
The last domestic legislative hurdle to enacting the CPTPP trade deal with Pacific rim countries has been cleared. The deal was approved by senate and received Royal Assent the afternoon of Oct. 25. The moves makes Canada one of the first countries to ratify the 11 nation deal which comes into effect once the first […] Read more
Some sweetness found in bitter USMCA deal?
Western sugar beet growers get more access to U.S. market
Flying under the radar in the United States-Mexico-Canada Agreement on trade is a small change in Canada’s access to the American sugar markets — something that the United States has historically guarded with protectionist policies. In a news release expressing disappointment with many of the concessions granted during trade talks, the Canadian Federation of Agriculture […] Read more
Dairy processors concerned about USMCA trade deal
Processors want compensation to be distributed differently than under CETA
The organization representing dairy processors says it is resolutely against the new United States Mexico Canada Agreement (USMCA) trade deal. The CEO of the lobby organization representing processors told Farmtario in early October that he “anxiously awaits the Canadian text to be published” containing the deal’s precise details. “Canada’s dairy processing industry is deeply disappointed […] Read more
Canada not a solution for U.S. dairy price woes
Americans more concerned with securing access to Mexican market than Canada
Madison, Wisconsin – The price of milk in the United States is stuck at an unprofitable place, and U.S. farmers at the World Dairy Expo did not expect any trade deal with Canada to change that situation. Most of them had yet to look over the fine details of the new trade deal — the […] Read more
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