Reading Time: 2 minutes Winnipeg | CNS Canada — With Canada in the midst of negotiations for two different trade agreements, the North American Free Trade Agreement and Trans-Pacific Partnership, trade concerns are getting muddled, according to Andrew Coyne. “We need to be conscious of diversifying our trade interests beyond just North America. It would be extremely foolish that […] Read more
Trade talks a dicey situation, Coyne says
Larger elevators, smaller rail cars seen in grain’s future
Reading Time: 2 minutes Winnipeg | CNS Canada –– Heading into the future, elevators will be more efficient and trains will carry more grain, according to industry professionals at the Grain World conference in Winnipeg. “I think there’s a real shift happening from low efficiency to the higher-efficiency facilities,” Karl Gerrand, CEO of G3, said Wednesday during the What […] Read more
Durum production seen vulnerable heading into 2018
Reading Time: 2 minutes Winnipeg | CNS Canada — Western Canada and the northern U.S. could be in trouble for next year’s durum crop if rain doesn’t come, while large global stockpiles could also keep commodity prices low, according to analysts here at the Grain World conference. “Will it rain in the durum areas of Canada and the United […] Read more
CBOT weekly outlook: Corn and soybeans down after USDA report
Reading Time: 2 minutes CNS Canada – Corn and soybean futures at the Chicago Board of Trade fell following the United States Department of Agriculture’s crop production report which raised corn estimates and kept soybeans at previous estimates. “I expect the low volatility environment to continue with soybeans remaining in tight trading short term. And for corn prices eventually […] Read more
Surprise Indian duty on peas leaves Canada scrambling
Reading Time: 2 minutes Winnipeg | CNS – The Canadian pea industry was shocked Wednesday morning to wake up to a notice from India declaring a 50 per cent tax on pea imports to the country. “This sort of moves us beyond even where India has been before in pulse import duties … more than a decade ago we […] Read more
Reports highlight strengths, weaknesses of Canadian ag exports
Reading Time: 3 minutes Commodity News Service Canada – There is room for improvement in the Canadian agricultural export market with competition from new markets globally, according to a pair of reports released by Farm Credit Canada. The FCC Ag Economics, Trade Ranking Report: Agriculture and FCC Ag Economics, Trade Ranking Report: Manufactured Food give overviews of Canada’s global […] Read more
Mixed reactions from farm groups to Bill C-49 progress
Reading Time: 2 minutes Commodity News Service Canada – Western Canadian producer groups support changes to rail transportation in Canada but vary on support of the latest legislation, Bill C-49. Bill C-49 passed its third reading in the House of Commons Nov. 1 and is now off to the Senate for review. The bill is meant to amend the […] Read more
Pulse industry’s future remains uncertain with India
Reading Time: 2 minutes CNS Canada — As worries mount in regards to Canada’s pulse exports to India, reports from the country point toward a precarious future. India’s agriculture minister, Radha Mohan Singh, last week announced his country wouldn’t need to import any pulses within two years’ time as it would be able to grow enough for domestic demand. […] Read more
CBOT weekly outlook: Corn, soy futures maintain status quo
Reading Time: 2 minutes CNS Canada — Soybean and corn futures at the Chicago Board of Trade have kept rangebound this week with little excitement. During the week ended Wednesday the December corn contract rose slightly, by 2.5 cents, to $3.51 per bushel (all figures US$). The dominant November contract for soybeans fell 3.25 cents, to $9.9675 per bushel. […] Read more
Pulse industry still awaits answers from India
Reading Time: 2 minutes CNS Canada — Almost three weeks since Canada’s pulse fumigation exemption expired in India, the Canadian pulse industry is still in the dark. “We’re just looking to have some clarity as to how Canada/India pulse trade’s going to play out in the long term and with a long-term policy solution,” Gordon Bacon, CEO of Pulse […] Read more
A message from April Stewart, Country Guide's Associate Editor
