Reading Time: 2 minutes The turnaround in canola futures on the Intercontinental Exchange indicates canola traders are ignoring issues with China and the strike among Port of Vancouver grain workers.
ICE Canada Weekly: Canola’s turnaround a ‘gift’ says broker
Trump threatens John Deere with 200 per cent tariffs if production moves to Mexico
Reading Time: 2 minutes Republican presidential candidate Donald Trump said on Monday he would slap a 200 per cent tariff on John Deere's imports into the United States if the agricultural equipment company moved production to Mexico as planned.
EU challenges China’s dairy product probe at WTO
Reading Time: 2 minutes The European Commission launched a challenge at the World Trade Organization (WTO) on Monday against China's investigation into EU dairy products, initiated after the European Union placed import tariffs on Chinese electric vehicles.
CBOT Weekly: Possible Chinese trade action of little concern
Reading Time: 2 minutes As price movement in soybeans on the Chicago Board of Trade continued to be a tussle between dry conditions in Brazil versus pressure from the United States harvest, Sean Lusk, vice-president of Walsh Commercial Hedging in Chicago, suggested not to pay much attention to any trade action China might soon take against U.S. soybeans.
Researchers call for rapid adaptation to global trade environment
Reading Time: < 1 minute Canada must prepare for a future featuring a less friendly trade environment, says a new policy note authored by two leading policy analysts. Al Mussell and Ted Bilyea, researchers at Agri-Food Economic Systems Research, said the recent action by China on Canadian canola illustrates their point.
China’s carrot-and-stick tactics on EU nations start to pay off
China appears to allow no room for negotiations or concessions with Canada
Reading Time: 3 minutes Beijing, as a vote on EU duties on China-made electric vehicles looms, employed a carrot-and-stick approach to deal with the 27-strong bloc, but appears to have no concessions for Canadian canola.
Chinese tariffs not expected to stop canola flow
Anti-dumping investigation announcement had an immediate affect on prices, but market access not seen as major worry
Reading Time: 3 minutes China's shot across Canada's bow is splashing alarmingly close to U.S. farmers, who also felt the impact of China's announced anti-dumping investigation into Canadian canola as American elevator prices reflected the selloff.
China begins anti-dumping probe into Canadian canola
Reading Time: 2 minutes China announced on Monday the start of a one-year anti-dumping investigation into imports of canola from Canada, just weeks before Ottawa's 100 per cent tariffs on Chinese-made electric vehicles and other products come into force.
U.S. lawmakers want risks posed by Chinese agriculture drones addressed
Reading Time: < 1 minute Reuters – A dozen U.S. lawmakers on Friday urged the Biden administration to address the use of Chinese manufactured agriculture drones, saying their use on American farms poses national security risks. The House Republicans, including Representatives Elise Stefanik, Ashley Hinson and John Moolenaar, who chairs a select committee on China, asked the U.S. Agriculture Department and Cybersecurity […] Read more
ICE Weekly: Canola market suddenly in a very bad position
Reading Time: 2 minutes China caused a great deal of turmoil in the canola market on Sept. 3, leading prices to tumble on the Intercontinental Exchange. To senior market analyst Mike Jubinville of MarketsFarm, China dramatically changed canola’s outlook in fell swoop. The Chinese government announced that it was launching an investigation into alleged canola dumping by Canada. This […] Read more