If you listen to U.S. President Donald Trump, the United States is a free-trading hero that is being abused by protectionist “freeloaders” like Canada. Especially with Canadian restrictions on dairy imports, the U.S. president has presented an image of fair-trading American dairy farmers being taken advantage of by outrageous Canadian rules to protect that country’s […] Read more
Tag Archives international trade — page 15
U.S. dairy tariffs block many imports
An analysis says the U.S. isn’t the great free-trader in dairy it makes itself out to be
CBOT weekly outlook: Corn and soy markets awaiting USDA report
CNS Canada – After a week where corn, soybean and wheat contracts climbed on the Chicago Board of Trade, traders are now awaiting the latest supply and demand report from the United States Department of Agriculture. “With the crop report (for) August, which at least over the last five years has historically leaned more bearish […] Read more
World’s ‘affection’ for Canada will help in trade diversification: Carr
Ottawa | Reuters — There is “an awful lot of affection for Canada” around the world that will help the government’s push to diversify exports away from the United States, the country’s new trade minister said on Thursday, as ties with Washington become more strained. Winnipeg MP Jim Carr, previously the minister for natural resources, […] Read more
Tarif-fying or not?
What does the escalating global tariff war mean for Ontario farmers?
The global trade dispute between a protectionist United States and many of its trading partners, including Canada, the European Union and China has Ontario farmers struggling to deal with an unknown outlook. There have been little hiccups on trade in the past, but since the Canada-U.S. Free Trade Agreement, which morphed into the North American […] Read more
Opinion: Length of trade war is the big question
Increased protectionism within the global trading environment is causing major shifts in how countries do business — and world leaders are scrambling to keep pace. Despite the existence of highly integrated economies, protectionism is growing in popularity — spurred on by a White House that seems to be doing everything in its power to cut […] Read more
Editorial: Politics and the markets
Trade jitters around the world haven’t moved agriculture markets much, but a recent market drop may be the start
The advent of the age of geopolitics based on whim and emotion has pressured agricultural commodities in ways I haven’t seen the like of in my career. Yet, commodity prices haven’t moved nearly as much as I expected, given U.S. President Donald Trump’s bombastic threats, bullying and policy creation on the fly, often aimed at […] Read more
OPINION: As Parliament closes for summer break, uncertainty dominates
It’s been a long haul. MPs wrapped up their last midnight sittings and headed home to their ridings for the summer. The last official sitting day was June 22. Bill C-45 is at the heart of the government’s promise to legalize cannabis, while Bill C-46 deals with impaired driving. Both bills passed just before the […] Read more
OPINION: The sleeping giant keeps thrashing about trade
In the 2001 Hollywood classic Pearl Harbour, Japanese Admiral Yamamoto utters what is likely one of the film’s most iconic quotes. “I fear all we have done is to awaken a sleeping giant,” he says shortly after Japanese Imperial Forces bomb Pearl Harbour in 1941. The sleeping giant is the United States, which was dragged […] Read more
Calmer U.S.-China relations have helped stabilize commodities markets
We are now in a weather market, especially for corn with quite tight stocks
Grain and oilseed markets have been digesting a calmer tone between Washington and Beijing regarding tariffs. Quick look: Soybeans: Widening futures spreads and strengthening Canadian dollar will likely bring down Ontario soybean basis levels. Corn: Tight supplies mean corn prices are sensitive to weather, but funds show they expect the tightest supply to happen next […] Read more
Opportunities, but more likely harm for Ontario grains from China-U.S. tariffs
The escalating trade spat between the United States and China could mean more American soybeans finding their way into Canada, according to Grain Farmers of Ontario. Why it matters: North American grain and oilseed prices are set by trading in the U.S. and therefore anything that knocks American prices will also affect grain and oilseed […] Read more
Cyber-Savvy Farmer
