Trump’s pledges to boost competitiveness and renegotiate the United States-Mexico- Canada Agreement (USMCA) as well as the potential to impose trade sanctions could spell difficulties for Canadian producers.


Trump threatens John Deere with 200 per cent tariffs if production moves to Mexico
Republican presidential candidate Donald Trump said on Monday he would slap a 200 per cent tariff on John Deere's imports into the United States if the agricultural equipment company moved production to Mexico as planned.

US East Coast dockworkers strike, halting half the nation's ocean shipping
Dockworkers on the U.S. East Coast and Gulf Coast began a strike early on Tuesday, their first large-scale stoppage in nearly 50 years, halting the flow of about half the nation's ocean shipping after negotiations for a new labour contract broke down over wages.

U.S. grains: Soybeans rebound as market unwinds some of its 'Trump trade'
Chicago Board of Trade soybean futures jumped on Monday on a flurry of short covering, with prices rebounding from last week's 2020 lows as traders re-evaluated the U.S. political landscape after U.S. President Joe Biden abandoned his reelection bid on Sunday.

Bayer confirms 2024 outlook despite slow start for agriculture, consumer health units
Bayer confirmed its full-year forecast for earnings and cash flow on Monday despite slow business at its crop science and consumer health divisions.

Bayer investor Deka takes a stand against CEO in annual vote
Bayer shareholder Deka Investment said on Friday it would not join other large investors in supporting the healthcare and agriculture group's management at its annual general meeting.

Suspect in California farm worker shootings appears in court
Redwood City, Calif. | Reuters -- A California farm worker accused of shooting seven people to death near San Francisco, some of them his co-workers, made his first court appearance on Wednesday after he was charged with murder in the state's second deadly gun rampage in recent days. Chunli Zhao, 66, the lone suspect in[...]

Biggest U.S. rail union rejects tentative deal, raising threat of strike
Washington/Los Angeles | Reuters -- Workers at the largest U.S. rail union voted against a tentative contract deal reached in September, raising the possibility of a year-end strike that could cause significant damage to the U.S. economy and strand vital shipments of food and fuel. Train and engine service members of the transportation division of[...]

Initial drought list ready for 2022 livestock tax deferrals
Many of the Prairie livestock producers forced by drought to make "difficult herd management decisions" in the 2022 income tax year are now eligible to defer the taxable income from those decisions. Federal Agriculture Minister Marie-Claude Bibeau on Tuesday released the initial list of designated regions in Alberta, Manitoba and Saskatchewan where livestock tax deferral[...]

MacDon to make draper headers for Case IH, New Holland
Canadian harvest equipment maker MacDon Industries will make draper headers for Case IH Axial-Flow and New Holland combines for the major manufacturers to sell through their own dealer networks in the new year. Case IH and New Holland, both owned by CNH, said separately Thursday they have partnership agreements in place with Winnipeg-based MacDon to[...]