Reading Time: 2 minutes The United States Department of Agriculture and the department’s attaché in Buenos Aires differ widely on predictions for Argentina’s 2019-20 soybean ending stocks. Why it matters: Argentina is a significant soybean producer so its ending stocks could have implications for prices on international markets. Although dry conditions have continued to be a concern, especially in […] Read more
Tag Archives politics
Global export taxes affecting soybean markets
Export taxes are a significant part of Argentinian government spending
Opinion: Minister buying time on business risk programs
Federal deficit and provincial agreement are barriers to change
Reading Time: 2 minutes The federal government is buying time when it comes to making drastic improvements to AgriStability and other business risk management (BRM) programs. Federal Minister of Agriculture Marie-Claude Bibeau recently announced minor, cost-free tweaks to AgriStability, during the same week the public was given an updated look at Canada’s fiscal situation. The recent fiscal update shows […] Read more
Manitoba gathering data to press case for exempting grain drying from federal carbon tax
Reading Time: 2 minutes The Manitoba government is gathering data to make the case for exempting grain drying fuels from the federal government’s carbon tax. “So we’ll get the numbers together and then to (federal agriculture) Minister (Marie-Claude) Bibeau and we’ll continue to lobby on behalf of our ag producers,” Manitoba’s Agriculture and Resource Development Minister Blaine Pederson said […] Read more
Farm business optimism continues to be low
Business group calls on federal and provincial minister to address barriers to farm financial health
Reading Time: 2 minutes The Canadian Federation of Independent Business (CFIB) found in its latest monthly Agriculture Business Barometer that optimism in the agriculture sector is being weighed down by recent trade disputes, difficult harvest conditions in many parts of the country and costly carbon taxes. In fact, CFIB’s agriculture index finished the month of November at 51.1 – […] Read more
Throne speech kicks off Parliament with nod to agriculture
Reading Time: 2 minutes The federal throne speech opening the first session of Canada’s 43rd Parliament further committed the Liberal minority government to combating climate change, supporting natural resource sectors and removing international trade barriers. Including a pledge to achieve net-zero emissions by 2050, the speech, delivered Thursday in Ottawa, showed the government again demonstrating its commitment to a […] Read more
Opinion: Farm angst is about more than a challenging harvest
Reading Time: 3 minutes There is a palpable sense of angst in the agricultural community these days as farmers struggle with the immediate challenge of harvesting fields in weather the seems to keep turning against them. But it’s more than an exhausting harvest. All that talk they’ve been hearing in recent years about unlimited market opportunities has turned out […] Read more
CBOT weekly outlook: Impeachment process stifles markets
Reading Time: < 1 minute MarketsFarm — U.S. President Donald Trump’s impeachment hearings have dominated headlines and stalled progress in numerous trade developments, leaving the Chicago Board of Trade (CBOT) starved of meaningful news. The Canada-U.S.-Mexico Agreement (CUSMA) has yet to be ratified by the U.S. House of Representatives. The trade pact, meant to replace the North American Free Trade […] Read more
Bibeau remains federal agriculture minister in shuffle
Reading Time: 3 minutes Updated, Nov. 21— Quebec MP Marie-Claude Bibeau retains her role as federal minister of agriculture and agri-food in Wednesday’s cabinet shake-up for the Liberals’ minority government. Bibeau will join her colleagues — including returning Transport Minister Marc Garneau and new Labour Minister Filomena Tassi, a Hamilton MP and former minister for seniors — in having […] Read more
New trade order called bad news for Canada
A new report says Canada and its farmers aren’t equipped to deal with a move away from the ‘liberal world order’
Reading Time: 3 minutes Glacier FarmMedia – Farmers face a starkly worsened long-term world market for their crops and livestock, fears a Canadian agricultural economics analysis firm. And that means many basic assumptions of how farm markets and prices behave might have to be radically reconsidered. “Some of the assumptions of the liberal world order — price arbitrage and […] Read more
Opinion: Current trade environment not just an either/or scenario
Canada needs to push for a rules-based, free-trade world, but also to push back against countries resorting to coercion
Reading Time: 2 minutes Glacier FarmMedia – At some point we might have to accept that this new trade reality is actually real. Then we’ll have to react to that reality by changing the way we farm, act and interact with the rest of the world. That’s something quite a few Canadians are grappling with in light of the […] Read more
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