Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell for a third straight session on Tuesday on slowing export demand and as forecasts for more rain in South American crop areas tempered concerns about tightening supplies. Corn and wheat followed soybeans lower, pressured by improved South American crop prospects and a firmer U.S. dollar. Grain prices […] Read more
U.S. grains: Soybeans sink on South American rains, slowing demand
Wheat pressured by bumper crops in Australia, Canada
U.S. grains: Wheat posts weekly dip as supply worries ease
Corn, soy futures also lower
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell more than one per cent on Friday and recorded a weekly loss as expectations for bumper wheat harvests in Australia and Canada tempered fears of tightening global supplies. Corn and soybean futures declined on forecasts for beneficial rains in northern and central Brazil, although worries about dry […] Read more
U.S. in talks with Huawei exec on resolving criminal charges, source says
'This would be a great way to end this nightmare'
Reading Time: 3 minutes Reuters — U.S. prosecutors are discussing a deal with lawyers for Huawei chief financial officer Meng Wanzhou to resolve criminal charges against her, a person familiar with the matter said, signaling a potential end to a case that has strained ties between the U.S., China and Canada. Negotiations between Meng’s attorneys and the U.S. Justice […] Read more
U.S. grains: Soybeans up one per cent as soyoil climbs
Corn up; wheat declines on global supply outlooks
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose about one per cent on Thursday, rallying on bargain buying after a two-week low set a day earlier and on uncertainty about South American crop prospects, traders said. Soybeans also drew support from strength in soybean oil futures, which advanced about two per cent on news of […] Read more
U.S. border restrictions to last a long time yet, Trudeau says
COVID would need to be 'significantly more under control'
Reading Time: 2 minutes Ottawa | Reuters — Canada will not agree to lifting a ban on non-essential travel with the United States until the coronavirus outbreak is significantly under control around the world, Prime Minister Justin Trudeau said on Tuesday. Trudeau’s comments were a clear indication that the border restrictions will last well into 2021. The two neighbours […] Read more
Seasonal forecast calls for more snow
Reading Time: < 1 minute MarketsFarm — Most of Canada should see above-normal snowfall over the next three months, according to updated seasonal forecasts released Monday from Environment Canada. Weather maps show a 40 to 60 per cent probability of more precipitation than normal across much of the country from December through February, with the heaviest accumulations expected in Quebec. […] Read more
Canada’s mink farms brace for COVID
Producers have had time to increase biosecurity efforts at the farm level
Reading Time: 2 minutes Canada’s 40 mink farms are operating under heightened biosecurity requirements after reports of COVID-19 jumping from humans to mink in Europe. Alan Herscovici, an industry spokesperson who operates the website Truthaboutfur.com, said early reports out of Denmark and other European countries gave Canadian producers some time to prepare. “These farms have always had a certain […] Read more
Beware of Kazakhs wanting to buy seed, agency says
Seed growers and farmers alike are being warned such sales breach breeders' rights rules
Reading Time: 3 minutes Western Canadian seed growers, seed retailers and commercial farmers are being urged not to sell seed to Kazakhs or their agents because it breaches plant breeders’ rights rules. “The basic fact is no Canadian breeder has given permission for their genetics to go to Kazakhstan,” Lorne Hadley, executive director of the Canadian Plant Technology Agency, […] Read more
Britain, Canada agree on post-Brexit rollover trade deal
Tailor-made comprehensive pact expected to follow
Reading Time: 2 minutes London/Toronto | Reuters — Britain and Canada struck a rollover trade deal on Saturday to protect the flow of almost $35 billion-worth of goods and services between them after Brexit, and vowed to start talks on a bespoke agreement next year. As Britain prepares to end its transition out of the European Union on Dec. […] Read more
Irritated trade partners push back on China’s coronavirus food tests
Canada rips testing as 'unjustified trade restrictions'
Reading Time: 3 minutes Beijing/Geneva | Reuters — Major food-producing countries are growing increasingly frustrated with China’s scrutiny of imported products and are calling on it to stop aggressive testing for the coronavirus, which some say is tantamount to a trade restriction. China says it has found the virus on the packaging of products from 20 countries including German […] Read more