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Prime Minister Justin Trudeau receives a standing ovation during Question Period in the House of Commons in Ottawa on May 29, 2019. (Photo: Reuters/Chris Wattie)
General, Markets, Reuters

Canada moves to ratify USMCA ahead of Pence visit

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Reading Time: < 1 minute Ottawa | Reuters — The Canadian government formally presented draft legislation to ratify the new North American Trade deal to parliament on Wednesday, less than 24 hours ahead of a visit by U.S. Vice-President Mike Pence. Prime Minister Justin Trudeau presented the bill to the House of Commons, confirming a Reuters story from Tuesday that […] Read more
(ADM.com)
Crops, Reuters

ADM to combine grain trading, oilseed businesses

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Reading Time: 2 minutes Chicago | Reuters — Global grains trader Archer Daniels Midland said Wednesday it will consolidate five business units into four in the company’s second reorganization in just over a year as adverse weather and a U.S.-China trade dispute threaten profits. ADM will combine its grain trading and oilseeds segments into a new business unit called […] Read more
CBOT July 2019 corn with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Corn hits three-year high as planting delays prolonged

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Reading Time: 2 minutes Chicago | Reuters –– U.S. corn futures surged 4.1 per cent to their highest levels in nearly three years on Tuesday, supported by planting delays across key growing areas of the U.S. Midwest following heavy rains, traders said. The adverse weather in the Midwest and Plains also fuelled rallies in the soybean and wheat markets […] Read more
CME June 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures fall with demand uncertain due to trade fights

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell 2.9 per cent to their lowest level in nearly three weeks on Tuesday, with concerns about demand from top buyers in focus amid a record-large supply in the U.S., traders said. The market shrugged off a U.S. Agriculture Department report from last week that […] Read more
Foreign Minister Chrystia Freeland speaks with Prime Minister Justin Trudeau after her arrival at the Stelco steel plant in Hamilton on May 17, 2019, following news that the U.S. agreed to lift tariffs on Canadian steel and aluminum. (PMO photo by Adam Scotti)
General, Machinery, Markets, Reuters

Canada takes first step on ratifying USMCA trade deal

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Reading Time: 2 minutes Ottawa | Reuters — Canada took a first step toward ratifying the new North American trade agreement on Monday just three days ahead of U.S. Vice-President Mike Pence’s trip to Ottawa to discuss the passage of the treaty. Foreign Minister Chrystia Freeland presented what’s known as a ways and means motion to the House of […] Read more
(Deyana Robova photo/iStock/Getty Images)
Livestock, Markets, Reuters

U.S. livestock: Hogs mixed as trade war anxiety overshadows export data

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures traded on both sides of previous levels on Thursday and closed mixed as the market weighed ample hog supplies against some signs of improved pork export demand. Hog traders were encouraged by large pork purchases by China and Mexico in weekly U.S. Department of […] Read more

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