Reuters – The United States has already secured a record corn export campaign for the nearly concluded season, but the shipments are unlikely to match the government’s current forecast because […] Read more
Tag Archives international trade

Slow U.S. corn shipments could pressure supply forecasts
Israel shakes up agriculture sector to cut produce costs
Reuters – Israel’s government has unveiled a plan to lower fresh produce costs by cutting customs duties and opening the sector to competition, potentially ending years of prices far above […] Read more

India to launch $1.48 bln plan to raise oilseed output, cut imports
New Delhi | Reuters – India will launch a 110 billion rupee ($1.48 billion) plan to boost domestic oilseed production to make the country self-sufficient in edible oil, Prime Minister […] Read more

ADM quarterly profit surges amid strong U.S. corn exports to China
Reuters – U.S. grain merchant Archer-Daniels-Midland Co on Tuesday reported quarterly profit leapt 52 percent due to strong exports and oilseed crushing margins. The bigger-than-expected earnings sent shares to a […] Read more

Market access a priority in Indonesia negotiations
First round of negotiations expected later this year
Canada’s consultations on a potential free trade deal with Indonesia demonstrate a strong appetite for negotiations to continue. The two nations are expected to launch formal talks this year. Why […] Read more

Opinion: Focus on social issues slows trade deals
Canadian producers who eagerly await a trade pact with major Asian markets will have to exercise patience and should be prepared for some nauseating moral posturing by politicians. Bilateral talks […] Read more

Nigeria’s Okonjo-Iweala makes history as new head of WTO
Geneva-based body leaderless for six months; Trump paralyzed some of WTO's functions
Geneva/Washington | Reuters — Three months after the Trump administration rejected her, former Nigerian finance minister Ngozi Okonjo-Iweala received unanimous backing on Monday to become the first woman and first […] Read more

Canada, Indonesia explore trade deal
Broader Southeast Asian pact could have potential
Glacier FarmMedia – Canada is exploring a potential trade pact with Indonesia as it continues to seek out deals in the Asia-Pacific region. International Trade Minister Mary Ng made the […] Read more

Fertilizer price rebound delayed by COVID effects
There’s more upside in phosphate prices than in nitrogen, say fertilizer companies
Glacier FarmMedia – One of the largest manufacturers and retailers of nitrogen fertilizer products says an anticipated price rebound has been delayed. “We believe there was little growth in global […] Read more

Canada has new top soybean buyer
Iran purchased 383,000 tonnes of soybeans from January to the end of September, worth $181 million
Glacier FarmMedia – In 10 seconds or less, name the Number One buyer of Canadian soybeans in 2020. Japan? The United States? China? The answer is Iran. Why it matters: […] Read more