Chicago/Geneva | Reuters — Canada wants the United States to explain why its lawmakers have made an additional $30 billion available to support U.S. farmers hit by trade woes, and how Washington might distribute the money, according to a document published by the World Trade Organization on Thursday. The questions come amid growing trade tensions […] Read more
Tag Archives trade
Canada to U.S.: Explain that farm spending war chest
U.S. grains: Soybeans stumble as U.S.-China trade talks disappoint
Chicago | Reuters — U.S. soybean futures fell on Friday on disappointment that trade talks did not move Washington and Beijing closer to a deal to resolve the mounting dispute that has crimped U.S. crop sales to China. Prices retreated after a one per cent rise on Thursday that was fueled by “unfounded rumours” the […] Read more
Breaking down barriers to export success
Bringing more small and medium-sized businesses to where they are comfortable exporting can help drive agri-food growth
Canadian agriculture has huge opportunity, but the heavy lifting to meet a federal government goal of increasing exports to $75 billion by 2025, has barely begun. A recent gathering of agri-food policy influencers heard that areas that need work across the sector include: Finding enough skilled labour to meet the goal Governments that can communicate […] Read more
U.S. grains: Soybeans hit one-week high as trade fears ease
Chicago | Reuters — U.S. grain and soybean futures touched one-week highs on Monday as fears eased that a trade war with China will take a bite out of crop exports. The markets ultimately closed lower on technical selling and profit-taking, analysts said. However, traders were breathing easier after China’s commerce ministry on Friday did […] Read more
FCC sees benefits in new Trans-Pacific trade pact
CNS Canada — The future of trade for the Canadian agriculture industry is looking bright from the perspective of Canada’s federal ag lending agency, with progress on the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP). According to Farm Credit Canada (FCC), anytime Canada can get less-restricted access to markets it is good for agriculture. “We can […] Read more
Sector growth to occupy Ontario ag minister in 2018
Ontario’s Liberals will have their agriculture standard-bearer back for the 2018 election. Jeff Leal, Ontario’s minister of agriculture, food and rural affairs, is staying in politics, running for his fifth term as a member of the provincial legislature in the Peterborough riding. Leal, who as a resident of Peterborough is about as rural as any […] Read more
U.S., China agree to first trade steps under 100-day plan
Washington | Reuters –– The U.S. and China have agreed to take action by mid-July to increase access for U.S. financial firms and expand trade in beef and chicken among other steps as part of Washington’s drive to cut its trade deficit with Beijing. The deals are the first results of 100 days of trade […] Read more
Trudeau defends dairy system against Trump protectionist charge
Ottawa | Reuters — Canadian Prime Minister Justin Trudeau on Thursday brushed off an attack by U.S. President Donald Trump on Canada’s system of dairy protections, saying every nation defended its agricultural industries. Trudeau told Bloomberg Television that the U.S. in fact ran a dairy surplus with Canada. Trump took aim at Canada’s dairy industry […] Read more
Trump expects only ‘tweaking’ of trade relationship with Canada
Washington | Reuters — U.S. President Donald Trump said on Monday the country would be “tweaking” its trade relationship with Canada, stopping short of calling for a major realignment in a development likely to please visiting Canadian Prime Minister Justin Trudeau. Trump has pledged to renegotiate the North American Free Trade Agreement (NAFTA) linking the […] Read more
Protectionism game comes with raised economic stakes: Frum
As U.S. president-elect Donald Trump’s inauguration day approaches, the business world is pondering how the new administration might affect the world economy. Trump’s pride in his unpredictability is troubling, given he’s the president-elect, said David Frum, political commentator, former speechwriter for President George W. Bush, and a senior editor for Washington-based magazine The Atlantic. However, […] Read more
Cyber-Savvy Farmer
