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Canola

(K-plus-S.com)
Crops, Markets, Reuters

PotashCorp withdraws takeover bid for K+S

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Reading Time: 2 minutes New York/Frankfurt | Reuters –– PotashCorp said Monday it had withdrawn its 7.9 billion euro (C$11.6 billion) offer for German potash producer K+S, citing a decline in global commodity and equity markets and a lack of engagement by K+S management. K+S shares dropped 24 per cent after Potash announced its decision in a statement, wiping […] Read more
(PortMetroVancouver.com)
Beef Cattle, Canola, Cereals, Crops, Fruit/Vegetables, Hogs, Markets

Dawson: Ag exporters applaud historic TPP deal

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Reading Time: 3 minutes Export-oriented Canadian farmers are giving the Trans-Pacific Partnership (TPP) agreement reached in Atlanta on Monday two thumbs up. The deal, which remains to be debated in Canada’s House of Commons and could take more than a year to be ratified by all 12 member countries, will see tariffs on Canadian products in those markets eliminated […] Read more
(PortMetroVancouver.com)
Beef Cattle, Canola, Cereals, Dairy Cattle, Fruit/Vegetables, General, Hogs, Markets, Poultry/Eggs

Market access, income supports come with Trans-Pacific pact

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Reading Time: 5 minutes Canada’s federal government has pledged a suite of compensation programs for supply-managed dairy, poultry and egg sectors, against what it promises will be a mousehole in Canada’s tariff wall. Federal officials on Monday confirmed negotiations have concluded on the multilateral Trans-Pacific Partnership, now billed as “the largest, most ambitious free trade initiative in history.” The […] Read more
(Photo courtesy Elections Canada)
Dairy Cattle, Livestock, Machinery, Markets, Poultry/Eggs, Reuters

Election shifts attention to trade deal as race narrows

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Reading Time: 2 minutes Ottawa | Reuters –– Trailing in second place with two weeks left before Canada’s election, Conservative Prime Minister Stephen Harper announced a new trade deal Monday that largely protects the key agricultural voting bloc, putting pressure on opponents who had hoped to have more to attack. Harper touted the Trans-Pacific Partnership as a good deal […] Read more
Skim milk powder. (PelchGroup.com)
Dairy Cattle, Livestock, Machinery, Markets, Poultry/Eggs, Reuters

Canada says TPP offers limited access to dairy market

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Reading Time: 2 minutes Ottawa | Reuters — Canada said on Monday that a major trade deal agreed by 12 Pacific nations would only allow limited access to protected Canadian domestic dairy and poultry markets, a politically sensitive issue ahead of the Oct. 19 election. Officials said the Trans-Pacific Partnership (TPP) would offer up just 3.25 per cent of […] Read more
(PortMetroVancouver.com)
Dairy Cattle, Livestock, Markets, Reuters

After five years of negotiations, TPP talks near deal

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Reading Time: 3 minutes Atlanta | Reuters — A dozen Pacific nations closed in on a sweeping free trade pact on Sunday in Atlanta after a breakthrough over how long a monopoly pharmaceutical companies should be given on new biotech drugs. The issue has pitted the U.S., which has argued for longer protections, against Australia and five other delegations […] Read more
(Photo courtesy Canola Council of Canada)
Canola, Crops, Markets

Huge weekly canola deliveries in latest CGC report

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Reading Time: < 1 minute CNS Canada — A “lack of significant farmer selling” has been a common talking point from analysts when they’ve had to account for some unexplained strength in the canola market in recent weeks. That line may now need to be retired, however, as the official data tells a different story. According to Canadian Grain Commission […] Read more
(Tkeban Jahannes photo courtesy AtlantaGa.gov via Flickr)
General, Markets, Reuters

Pacific trade ministers extend talks through Saturday

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Reading Time: 2 minutes Atlanta | Reuters — Pacific trade ministers are extending talks on a free trade deal between a dozen nations through Saturday in a bid to reach a final agreement, representatives from Japan and Mexico said Thursday. Japanese Economy Minister Akira Amari said the extension on Trans-Pacific Partnership (TPP) talks in Atlanta showed ministers thought there […] Read more
(USTR.gov)
General, Markets, Reuters

NDP would not feel bound by Pacific trade deal

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Reading Time: < 1 minute Ottawa | Reuters — Canada’s main opposition party said Friday that if it won an Oct. 19 election, it would not feel bound by the terms of a major Pacific trade deal the ruling Conservatives are negotiating in the United States. The New Democrats, currently trailing third in the polls, said in a letter to […] Read more
(Dave Bedard photo)
Canola, Crops, Markets

Weekly canola crush hits best level in over two months

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Reading Time: < 1 minute CNS Canada –– Canada’s domestic canola processors are getting busier, with the latest crush data showing the most active week in two-and-a-half months. Capacity utilization during the week ended Wednesday climbed to 82.8 per cent, which compares with only 66.9 per cent the previous week, according to the latest report from the Canadian Oilseed Processors […] Read more

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