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Canadian farmers can still count on the global market, despite threats to access that they have faced recently in various parts of the world.
Markets

Comment: Battered markets are more resilient than they might seem

Trade and food demand still find a way despite political challenges

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China knows how to stick it to Canadian farmers. The Europeans know how to keep out Canadian farm products, but they do it with more subtlety and grace. With the United States, who knows what Donald Trump or Joe Biden will do with North American free trade in the next four years? It’s hard to […] Read more
Kraft’s Canadian grated cheese lines are among the businesses going to Lactalis for US$3.2 billion. (KraftWhatsCooking.ca)
Livestock

Kraft Heinz to sell several cheese businesses to Lactalis

Canadian grated cheese lines among assets going for US$3.2 billion

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Chicago | Reuters — Kraft Heinz said on Tuesday that it will sell several of its cheese businesses to a U.S. affiliate of France’s Groupe Lactalis for US$3.2 billion. After weak sales results and several billion-dollar writedowns over the past two years, there has been market speculation about which categories Kraft Heinz will offload from […] Read more
(Xinzheng/Getty Images)
Crops, Markets

CBOT weekly outlook: The good and bad between the U.S., China

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MarketsFarm — The current relationship between the United States and China has continued to be rather chaotic, according to Steve Georgy, president of Allendale Inc. at Fort McHenry, Ill. Despite the two countries’ diplomatic row, China has sharply picked up its purchases of U.S. soybeans. Georgy pointed to the 715,000 tonnes purchased by China on […] Read more
File photo of Cong Peiwu, China’s ambassador to Canada, speaking at the Chinese Embassy in Ottawa on Nov. 22, 2019. (Photo: Reuters/Blair Gable)
Markets

U.S. is ‘trouble maker’ in China-Canada relationship, envoy says

No word on whether China would retaliate against Canada over latest court decision

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Ottawa | Reuters — The United States is using the case of a senior Chinese telecoms executive who was arrested in Vancouver on a U.S. warrant 18 months ago to create friction between China and Canada, China’s envoy to Canada said on Thursday. “The U.S. has been taking advantage of Canada, and the U.S. is […] Read more
Emergence in an Ontario soybean field. (File photo by John Greig)
Crops, Markets

CBOT weekly outlook: Prices stable, crops looking good

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MarketsFarm — Over the last few weeks, soybean and corn prices on the Chicago Board of Trade (CBOT) have stabilized, according to Scott Capinegro of Barrington Commodities at Barrington, Ill. “And that’s a good thing. Where this goes from here is still anybody’s guess,” he said. Noting that the crops in the United States are […] Read more
(Lentils.ca)
Crops, Markets

India reduces tariffs on lentils

Reduction set for all lentil imports except from U.S.

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MarketsFarm — India is temporarily reducing import tariffs on lentils originating from most countries. The India government’s Central Board of Indirect Taxes and Customs on Tuesday posted “Notice 26/2020-Customs,” which lowers import taxes on most lentils entering the country, from 30 per cent to 10 per cent. The reduction, which takes immediate effect, runs until […] Read more
(Gassen/iStock/Getty Images)
Markets

China tells state firms to halt purchases of major U.S. farm products

Purchases of soybeans, pork, corn, cotton on hold

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Beijing/Singapore | Reuters –– China has told state-owned firms to halt purchases of soybeans and pork from the United States, two people familiar with the matter said, after Washington said it would eliminate special treatment for Hong Kong to punish Beijing. Large-volume state purchases of U.S. corn and cotton have also been put on hold, […] Read more

Cyber-Savvy Farmer

Glacier Farmmedia Podcast