Reading Time: 2 minutes There were only small changes in the latest supply and demand estimates from Agriculture and Agri-Food Canada released on Feb. 18.
News
Minor tweaks in AAFC supply and demand report
International trade minister visits Singapore, Vietnam
Reading Time: 2 minutes Canada’s minister of international trade met with Vietnam and Singapore government officials to emphasize the need for free trade, highlight Canadian agri-food products, and to announce projects aimed at strenghtening trade with those nations.
Bayer: glyphosate shortages not expected outside U.S. after Trump invokes Defense Production Act to secure supply
Reading Time: < 1 minute U.S. President Donald Trump on Wednesday signed an executive order invoking the Defense Production Act to ensure an adequate U.S. supply of elemental phosphorus and glyphosate-based herbicides, the White House said.
Top potash producer Nutrien misses fourth-quarter profit estimates
Reading Time: < 1 minute Nutrien missed analysts’ expectations for fourth-quarter profit on Wednesday, as lower sales in its crop nutrients business weighed on the world’s top potash producer.
Cash incentive for CRSB Certified beef producers launched
Reading Time: 2 minutes The Canadian Roundtable for Sustainable Beef (CRSB) has launched an incentive payment for CRSB Certified producers.
Mexico updates import requirements for Eastern Canadian apples
Reading Time: < 1 minute Mexico has updated rules around imports of apples from Eastern Canada, a move the Canadian Food Inspection Agency says will reduce costs for Canadian exporters.
As U.S. agriculture flails, farmers see big corn acres as best bet to break even
Reading Time: 3 minutes U.S. farmers are expected to only cut back slightly on corn acres as it nears break-even prices and seems less politically risky than soybeans.
Pulse Weekly: Lentil prices currently lacking direction
Reading Time: 2 minutes There’s little at the present time to guide cash prices for lentils on the Canadian Prairies, said Marcos Mosnaim of Prairie IX in Toronto.
Bayer proposes $7.25 billion plan to settle U.S. Roundup cancer suits
Reading Time: 2 minutes Bayer said on Tuesday its Monsanto unit had filed a proposed U.S. class settlement totalling as much as $7.25 billion (C$9.89 billion) aimed at resolving all current and future claims that its Roundup weedkiller caused cancer.
Canada announces new chief trade negotiator to the United States
Reading Time: < 1 minute Canadian Prime Minister Mark Carney announced on Monday the appointment of public servant Janice Charette as the next chief trade negotiator to the United States for the review of the CUSMA trade agreement.