tariffs Archives | Page 40 of 69

File photo of a scratch-and-sniff sticker promotion by Chipotle Mexican Grill. (Chipotle.com via PRNewswire)

Trump tariffs could cost an extra nickel per burrito, says Chipotle

By Reuters June 3, 2019

Reuters — Chipotle Mexican Grill on Monday estimated a US$15 million hit from President Donald Trump’s proposed tariffs on Mexican imports, and said it could cover that by raising burrito prices by around five cents. The U.S.-based Mexican-themed chain’s finance chief Jack Hartung said its margins would be reduced by 20-30 basis points if the […] Read more

Kansas City July 2019 wheat with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets

U.S. grains: CBOT wheat rallies on weather

By P.J. Huffstutter June 3, 2019

Chicago | Reuters — U.S. wheat futures rallied on Monday on concerns about harvest risks as more heavy rain was forecast in some U.S. grain belts and warm, dry weather was expected in top wheat exporter Russia. Meanwhile, corn and soybean futures traded choppily as the markets digested a threat of U.S. tariffs against Mexico, […] Read more

CME August 2019 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

Livestock, Markets

U.S. livestock: Trade fights continue to batter live cattle, lean hogs

By P.J. Huffstutter June 3, 2019

Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle and lean hog futures fell for a second trading day on Monday — with live cattle futures hitting a near-10 month low — amid robust supplies and trade fights quelling export demand, traders said. But trade issues helped feeder cattle futures settle the day slightly […] Read more

(Canada Border Services Agency video screengrab)

Markets

Mexico, Canada plow ahead on trade pact ratification despite Trump threats

By David Alire Garcia, David Ljunggren May 31, 2019

Mexico City/Ottawa | Reuters — Mexico and Canada said on Friday they would proceed with plans to ratify a new continental trade pact despite a new threat from U.S. President Donald Trump that critics say could undermine chances of the treaty coming into force. Trump, whose administration has made passing the United States-Mexico-Canada (USMCA) free […] Read more

A Mexican port-of-entry sign on Highway 92 near Naco, Arizona. (Rex_Wholster/iStock/Getty Images)

Crops, Markets

Target Trump’s base if trade spat worsens, Mexican farm lobby says

By David Alire Garcia, Sharay Angulo May 31, 2019

Mexico City | Reuters — The Mexican government should target agricultural goods produced in states that have voted for U.S. President Donald Trump’s Republican Party if the trade conflict between the two neighbours worsens, the head of Mexico’s main farm lobby said on Friday. Bosco de la Vega, head of Mexico’s national farm council CNA, […] Read more

CME August 2019 live cattle with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)

Livestock, Markets

U.S. livestock: Hog, cattle futures fall after Trump opens new front in trade war

By Mark Weinraub May 31, 2019

Chicago | Reuters — Chicago Mercantile Exchange cattle and hog futures fell on Friday, pressured by fears that Mexico, a key importer of both U.S. beef and pork, will retaliate against President Donald Trump’s proposal to impose tariffs on imports from Mexico. The fresh trade concerns, coming at a time when U.S. supplies of both […] Read more

Green lentils. (Savany/iStock/Getty Images)

Crops, Markets

Pulse weekly outlook: Lentils stable after recent price increases

By Glen Hallick May 28, 2019

MarketsFarm — Prices for red and green lentils have stabilized after they increased, according to Marcos Mosnaim of Globeways Canada in Mississauga. Red lentil prices began to rise about two to three weeks ago, he said, as shipments were made to India with the exporter increasing the price. “I would love to see a firm […] Read more

CME June 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

Livestock, Markets

U.S. livestock: Hog futures fall with demand uncertain due to trade fights

By Mark Weinraub May 28, 2019

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell 2.9 per cent to their lowest level in nearly three weeks on Tuesday, with concerns about demand from top buyers in focus amid a record-large supply in the U.S., traders said. The market shrugged off a U.S. Agriculture Department report from last week that […] Read more

Foreign Minister Chrystia Freeland speaks with Prime Minister Justin Trudeau after her arrival at the Stelco steel plant in Hamilton on May 17, 2019, following news that the U.S. agreed to lift tariffs on Canadian steel and aluminum. (PMO photo by Adam Scotti)

Machinery, Markets

Canada takes first step on ratifying USMCA trade deal

By Kelsey Johnson, Steve Scherer May 27, 2019

Ottawa | Reuters — Canada took a first step toward ratifying the new North American trade agreement on Monday just three days ahead of U.S. Vice-President Mike Pence’s trip to Ottawa to discuss the passage of the treaty. Foreign Minister Chrystia Freeland presented what’s known as a ways and means motion to the House of […] Read more

Crops, Markets

USDA announces more farm aid to offset trade war losses

By Humeyra Pamuk May 23, 2019

Washington | Reuters –– The Trump administration on Thursday unveiled a US$16 billion farm aid package to offset losses from a 10-month trade war with China and said payment rates to farmers would be determined by where they farm rather than what crops they grow. The package, the bulk of which will be spent on […] Read more

Tag Archives tariffs — page 40

Trump tariffs could cost an extra nickel per burrito, says Chipotle

U.S. grains: CBOT wheat rallies on weather

U.S. livestock: Trade fights continue to batter live cattle, lean hogs

Mexico, Canada plow ahead on trade pact ratification despite Trump threats

Target Trump’s base if trade spat worsens, Mexican farm lobby says

U.S. livestock: Hog, cattle futures fall after Trump opens new front in trade war

Pulse weekly outlook: Lentils stable after recent price increases

U.S. livestock: Hog futures fall with demand uncertain due to trade fights

Canada takes first step on ratifying USMCA trade deal

USDA announces more farm aid to offset trade war losses

Cyber-Savvy Farmer