Reading Time: 2 minutes As to where canola and other grains go in the coming months is somewhat uncertain, said analyst Wayne Palmer of Exceed Grain in Winnipeg. He pointed directly at the incoming Trump administration in the United States and the policies the president-elect has been touting.
Oilseeds
ICE Canada Weekly: Sideways trading likely until Trump sworn in
Uncertainty over policies of president-elect
Trump trade policy seen as wild card for US soybean farmers, opportunity for crushers
Reading Time: 3 minutes American farmers are worried that President-elect Donald Trump's sweeping tariff plans will curb their access to top soy buyer China, but tariffs could also lure companies to build more U.S. crushing plants, hungry for domestic supplies.
U.S. grains: Soybeans plunge with Trump EPA pick; wheat and corn also fall
Reading Time: 2 minutes Chicago soybean futures took a sharp dive on Tuesday as traders worried that President-elect Donald Trump's nominee for the head of the U.S. Environmental Protection Agency would take a less than friendly view of the biofuel industry, analysts said.
Federal government moves to end disputes at ports of Vancouver and Montreal
Labour board will take a few days to issue order; West Coast union says it will file a legal challenge
Reading Time: 2 minutes Canadian Labour Minister Steven MacKinnon said this morning he had directed the country's labor relations board to order an end to disputes at the ports of Vancouver and Montreal, citing the economic damage inflicted.
U.S. grains: Soybean, corn futures rise after USDA lowers US harvest outlook
Reading Time: 2 minutes U.S. soybean futures reached a one-month peak on Friday and corn futures touched more than a four-month high after the U.S. Department of Agriculture lowered its U.S. harvest outlooks for both crops more than expected, traders said.
World food prices reach 18-month high in October, UN says
Reading Time: 2 minutes World food prices rose in October to an 18-month high as vegetable oils led increases seen in most food staples, United Nations' data showed on Friday.
Labor dispute stops canola oil, forestry exports from West Coast
Reading Time: 2 minutes Canada's exports of canola oil and forest products from West Coast ports, including the Port of Vancouver, have halted due to a labor dispute, producers said on Thursday.
U.S. grains: Soybeans climb near one-month high as vegoils shoot higher
Reading Time: 2 minutes Chicago Board of Trade soybean futures jumped to their highest level in about a month on Thursday on spillover strength from rallying vegetable oil markets, traders said.
Trump victory puts spotlight on trade
U.S.-Mexico-Canada Agreement, tariffs among policies subject to change under the Republicans
Reading Time: 4 minutes 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.
China set for record soybean imports in 2024 ahead of Trump’s inauguration
Reading Time: 2 minutes China imported 8.09 million metric tons of soybeans in October with buyers rushing to stockpile before Donald Trump takes office early next year, as the world's top soybean buyer heads for its largest annual imports on record.