Reading Time: 3 minutes Mumbai | Reuters — Pulse imports to India, the world’s biggest buyer, may fall to their lowest in nearly two decades after the government raised import taxes and restricted overseas purchases to bolster prices, impacting the plans of its global suppliers. The reduction in imports illustrates the government’s steps to raise the prices of pulses, […] Read more
Pulse import plunge in India to ripple across Canada, Australia
Italy in no rush to reject EU-Canada trade deal
Reading Time: 2 minutes Brussels | Reuters — Italy is in no hurry to bring the European Union’s free trade agreement with Canada to a parliamentary vote, its farm minister said on Monday, suggesting its opposition to the deal may be easing. Ministers of the eurosceptic 5-Star/League government have said Italy would not ratify CETA (the Comprehensive Economic and […] Read more
Italy says it won’t ratify EU-Canada trade deal
Reading Time: 3 minutes Rome | Reuters — Italy will not ratify the European Union’s free trade agreement with Canada, Deputy Prime Minister Luigi Di Maio said on Friday, although Canadian officials played down the threat to the accord, which mostly took effect last year. “Soon CETA (the Comprehensive Economic and Trade Agreement) will arrive in parliament and this […] Read more
Interview: A taxing time for manufacturers
Ag manufacturers see uncertainty and higher production costs from steel tariffs
Reading Time: 6 minutes The opening salvos in a trade war initiated by the current U.S. administration are already having an impact on all the manufacturing sectors in Canada, the U.S and around the world, most of it negative. For example, it’s been announced that Harley Davidson, that icon of U.S. brands, feels it’s necessary to move some of […] Read more
Low loonie not good for farmers right now
Reading Time: 2 minutes CNS Canada — Usually when the Canadian dollar starts to drop lower than its U.S. counterpart it’s good for producers — but this time not so much. Along with the drop, commodity prices have also dropped. “Unfortunately I’m not so sure that what we’ve seen in terms of a decline in the Canadian dollar versus […] Read more
U.S. livestock: CME live cattle pivot higher on bargain buying
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle turned up sharply on Friday, with support from short-covering and bargain buying after Thursday’s losses that were partly led by U.S. trade uncertainty, said analysts and traders. On Friday China said it planned to impose similar size tariffs soon after Washington announced duties on $50 billion […] Read more
Italy won’t ratify EU trade deal with Canada, farm minister says
Reading Time: 3 minutes Milan | Reuters — Italy will not ratify the European Union’s free trade agreement with Canada, its new agriculture minister said on Thursday, ratcheting up an international trade spat and potentially scuppering the EU’s biggest accord in years. The Comprehensive Economic and Trade Agreement (CETA) is the first major trade deal the European Union has […] Read more
Canadian dairy sector skimming global exports, U.S. complains
Reading Time: 2 minutes Winnipeg/Chicago | Reuters — Canada’s surging exports of protein-rich skim milk powder have angered farmers in the U.S., as the sheltered dairy sector in Canada draws the ire of U.S. President Donald Trump for its high tariffs. Canada cannot expect to have both a protected system and compete globally, U.S. Dairy Export Council CEO Tom […] Read more
With maple syrup tariff, Canada-U.S. trade dispute spills beyond metals
Reading Time: 2 minutes Toronto | Reuters — Canada’s retaliation against U.S. President Donald Trump’s steel and aluminum tariffs includes proposed duties on U.S. maple syrup, a nod to a national symbol and a powerful industry in Quebec that could hurt producers in Maine. While small in dollar value, the tariff shows how Canada’s retaliation has turned a dispute […] Read more
U.S. livestock: Profit-taking, trade war fears upend CME hogs
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange hog futures closed lower on Thursday, rocked by profit-taking amid worries that pork could suffer from retaliatory tariffs against the U.S., traders said. June hogs closed 0.7 cents/lb. lower at 76.625 cents (all figures US$). July ended 2.075 cents lower at 78.05 cents. Mexico threatened to reciprocate with […] Read more
A message from April Stewart, Country Guide's Associate Editor
