Reading Time: 2 minutes Canada is lending its support to the World Trade Organization’s (WTO) choice for its new director general. Ngorzi Okonjo-Iweala was chosen Feb. 15 by WTO members as the international trade body’s new head, making her the first woman and the first African to serve in the role. Mary Ng, Canada’s minister of small business, export […] Read more
Canada hails new WTO chief
Trade body names first African, and first female, DG
Ford recalling older-model Rangers over airbag inflators
Deaths, injuries linked to faulty inflators
Reading Time: 2 minutes Washington | Reuters — Ford Motor Co. is recalling 153,000 older trucks that may have had obsolete Takata air bag modules installed in collision and theft repairs after the Takata recall was completed, the automaker said on Thursday. The second-largest U.S. automaker identified about 8,800 Ford Ranger 2004-06 trucks in Canada and 144,340 in the […] Read more
Grain handler group seeks Vancouver port governance overhaul
The WGEA, whose members ship most of Western Canada's grain, complain the port is in a conflict of interest as both developer and regulator
Reading Time: 6 minutes Vancouver, Canada’s biggest port and the most important to Western Canada’s economy, needs major changes in how it operates, the Western Grain Elevator Association (WGEA) says. As a statutory monopoly the port authority is both a port developer and regulator putting it in a conflict of interest, according to WGEA executive director Wade Sobkowich. “We […] Read more
Diesel prices, carbon tax cause headaches for farmers
Reading Time: 2 minutes MarketsFarm — Crude oil prices have been steadily on the rise since last November as oil-producing nations implement production cuts and Canadian farmers already affected by climbing diesel prices will have to dig deeper into their wallets this April. On April 1, the federal government’s carbon levy on diesel will go up from 8.05 cents […] Read more
U.S. trade body rules blueberry imports do not harm industry
Canada among top five nations selling blueberries into U.S.
Reading Time: 2 minutes Washington/Mexico City | Reuters — The U.S. International Trade Commission (ITC) ruled on Thursday that blueberry imports are not causing serious injury to domestic producers and will not recommend further action to reduce foreign supplies, in a win for berry exporters. In recent years, U.S. producers have claimed damages from what they argue are unfair […] Read more
Argentine truckers end strike, freeing China-bound barley
Canada, France would have been buyers' Plan B
Reading Time: 2 minutes Buenos Aires | Reuters — Argentine truckers ended a 20-day strike that had blocked access to ports in Buenos Aires province, agricultural industry sources said on Tuesday, following a deal struck with local officials to increase freight-hauling rates. Trucks owners grouped in the informal TUDA association (Transportistas Unidos de Argentina) began blocking highways last month, […] Read more
StatsCan confirms canola stocks tightening
Wheat stocks also down from previous year-end
Reading Time: 2 minutes MarketsFarm — Solid demand from exporters and domestic crushers continues to eat rapidly through Canada’s canola stocks, which as of Dec. 31 were down nearly 24 per cent from the same date a year earlier, according to new data released Friday from Statistics Canada. The government agency pegged total canola stocks in the country as […] Read more
China’s appetite for feed barley sucks in new crop from Canada, France
Tariff on Australian barley favours other suppliers
Reading Time: 3 minutes Paris | Reuters — China’s buying spree of French and Canadian barley is spilling into the 2021-22 crop with large forward purchases, due to its major feed grain needs and a prohibitive tariff on Australian barley, traders and analysts said. China has been sweeping up huge volumes of foreign crops to help feed a pig […] Read more
Pulse weekly outlook: Canada’s lentils face competition
Reading Time: 2 minutes MarketsFarm — Acreage and production of lentils in Canada are expected to mostly remain the same for the 2021-22 crop year. While strong demand during the COVID-19 pandemic has bolstered prices over the past year, increased production from competing exporters may cut into that buying interest going forward. Elyce Simpson Fraser, senior vice-president of Simpson […] Read more
Long-range forecast points to cool, wet spring for northern Prairies
Reading Time: < 1 minute MarketsFarm — Central and northern agricultural regions of Saskatchewan and Alberta are forecast to see cooler-than-normal temperatures with above-average precipitation over the next three months, according the latest long-range outlook from Environment Canada. The department’s latest seasonal weather maps, dated Sunday, show a 40-50 per cent chance of above-normal precipitation across most of the northern […] Read more