Reading Time: 4 minutes Warren Buffet once said, “Only when the tide goes out do you discover who’s been swimming naked.” Well, the tide is going out in primary producer agriculture. Who will be left with clothes on? Is the shifting tide due to the highest cost of production ever? The changing policy discussions? The geopolitical factors that come […] Read more
Shifting tides bring change to agriculture
Summer Series: Will short-term pain cause long-term gain for Canada’s ag industry?
Canada’s trade deficit narrows in May, US exports drop to lowest since pandemic
Exports to countries other than U.S. rise, but not enough to offset losses like canola exports to China
Reading Time: 2 minutes Canada's trade deficit in May narrowed after a record-breaking deficit in April as total exports rose and imports fell even as the impact of U.S. tariffs dented shipments south of the border, data showed on Thursday.
Riding the tariff rollercoaster
What are producers doing to minimize the risk created by ongoing trade uncertainty?
Reading Time: 3 minutes Farmers are accustomed to roller-coaster years. But the current geopolitical windstorm is something else entirely. On his cattle operation near Birtle, Man., Tyler Fulton is making good use of livestock price insurance and has filed his annual application for AgriStability, a margin-based, federal business risk management (BRM) program that helps Canadian producers manage large income […] Read more
EU and Mexico revive stalled trade deal as Trump tariffs loom
The two parties are seeking to add farm produce, services, investment and other goods to the agreement
Reading Time: 2 minutes The European Union and Mexico revived a stalled free trade agreement on Friday, days before the return to the White House of Donald Trump, who has threatened both sides with tariffs.
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
China hits Canada with anti-dumping probe on canola imports in response to EV tariffs
Reading Time: 3 minutes Beijing | Reuters – China said on Tuesday it plans to start an anti-dumping investigation into canola imports from Canada, after Ottawa moved to impose tariffs on Chinese electric vehicles, lifting prices of domestic rapeseed oil futures to a one-month peak. Canada has followed the lead of the United States and European Union, and announced […] Read more
EU pork industry faces ‘nightmare’ if China restricts imports
Reading Time: 2 minutes Hamburg | Reuters – Europe’s pork industry faces a “nightmare scenario” of lower prices and falling profitability if China restricts imports from the region, industry executives and analysts said on Friday. Chinese firms have asked for an anti-dumping probe into pork imports from the European Union, state-backed Chinese media reported on Friday, escalating tensions after the bloc […] Read more
Pulse weekly: Canadian pulse exports slowing
Reading Time: 2 minutes Glacier FarmMedia – Canadian pulse exports are showing signs of slowing down entering the final months of the 2023/24 marketing year, as end users turn their attention to the looming availability of new crop supplies. Canada has exported 1.286 million tonnes of lentils during the crop year-to-date, running about 25 per cent behind the pace […] Read more
U.S. shuns free trade agreements
Senators rake the U.S. Trade Representative over the coals for the Biden administration’s trade policy agenda
Reading Time: 3 minutes Virginia Houston, director of government affairs with the American Soybean Association, says president Joe Biden’s administration feels FTAs pit U.S. domestic industries against one another.
Australia says China has lifted some restrictions on meat imports
Aussie trade minister calls it a positive step in improving relations between the countries
Reading Time: < 1 minute Australia's trade ministry said on Tuesday that China had lifted restrictions on imports of meat from three Australian abattoirs, in the latest sign of improving relations between the two countries.
A message from April Stewart, Country Guide's Associate Editor
