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Crops, Reuters

Pence, Trudeau to discuss Huawei, China trade issues in Ottawa

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Reading Time: < 1 minute Washington | Reuters — U.S. Vice-President Mike Pence and Canadian Prime Minister Justin Trudeau will discuss their joint dispute with China over Huawei Technologies during a meeting in Ottawa on Thursday, a senior U.S. administration official said. Pence, known for taking a hard line against China, will travel to the Canadian capital to discuss trade […] Read more
(Country Guide file photo)
General, Machinery, Markets

Canada’s realized net farm income way down in 2018

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Reading Time: 3 minutes Stagnant farm cash receipts against significant increases in feed, fuel and interest costs have led to Canada’s biggest decline in realized net farm income in over a decade. That’s according to Statistics Canada, which on Tuesday released full-year farm income data for 2018, pegging realized net farm income for the year at $3.9 billion, down […] Read more
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Canola, Crops, Markets

Huge increase predicted in canola ending stocks

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Reading Time: < 1 minute MarketsFarm — Canadian canola carryout stocks are forecast to rise to a record 5.3 million tonnes by the end of the 2019-20 marketing year, more than doubling the previous five-year average, according to updated estimates from Agriculture and Agri-Food Canada’s market analysis division. While the department, in its estimates, expects total canola production to decline […] Read more
ICE July 2019 canola with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Little for canola bids to stand on

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Reading Time: 2 minutes MarketsFarm — There wasn’t much available to sustain a bounce in canola prices, from where David Derwin sits. “It’s really tough to say. We had canola drop so much over the last couple of months and sometimes it’s ‘buy the rumour, sell the fact,’” said Derwin, a commodities portfolio manager with PI Financial in Winnipeg. […] Read more
Federal Conservative leader Andrew Scheer speaks during Question Period in the House of Commons in Ottawa on April 10, 2019. (Photo: Reuters/Chris Wattie)
General, Markets, Reuters

Canada needs ‘reset’ on China, Scheer says

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Reading Time: 2 minutes Ottawa | Reuters — Canada’s opposition leader on Tuesday attacked Prime Minister Justin Trudeau for being too soft on China and said there needs to be a “total reset” on relations with the Asian powerhouse. Conservative Party leader Andrew Scheer spoke amid an escalating diplomatic dispute that has followed Canada’s arrest of Huawei Technologies chief […] Read more
Federal International Trade Diversification Minister Jim Carr speaks at the China-Canada economic and financial strategy dialogue in Beijing on Nov. 12, 2018. (Photo: Reuters/Jason Lee/Pool)
Canola, Crops

Canada ‘playing chess’ on canola file

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Reading Time: 2 minutes MarketsFarm — Canola seed sales to China remain at a standstill with little fresh news to report, according to a Canola Council of Canada briefing to farmers held Friday morning together with federal International Trade Diversification Minister Jim Carr. However, efforts on a number of fronts are ongoing, as Canada works to resolve the issue. […] Read more
Agriculture Minister Marie-Claude Bibeau announces expansion of the federal Advance Payments Program in Ottawa on May 1, 2019, flanked by Trade Diversification Minister Jim Carr (l) and his fellow Winnipeg MPs Dan Vandal, Robert Falcon-Ouellette and Terry Duguid. (Video screengrab from Agriculture and Agri-Food Canada via Facebook Live)
Canola, Crops

APP pumped up, AgriStability deadline extended against China canola ban

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Reading Time: 4 minutes The federal Advance Payments Program’s loan limits and interest-free portions will be raised and the deadline for AgriStability enrolment extended in a bid to help Canadian canola growers with cash flow. Agriculture Minister Marie-Claude Bibeau and International Trade Diversification Minister Jim Carr on Wednesday announced the expansions and extensions along with plans to engage other […] Read more

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