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Tag Archives International trade

“Sovereignty of food and resources will become more politically inter-twined with business.” – Neil Hemingway, BroadGrain Commodities
Guide Business, Soybeans

China trade

Will the friction between China and Donald Trump create real opportunities for Canadian soybean growers?

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In today’s world, the news headlines that we read in the morning can be turned on their head that afternoon, which is why being able to differentiate what is really newsworthy from what’s just background noise is becoming a critical success factor for farmers. On the trade front, ongoing tensions between the U.S. and China […] Read more
When processors began investing in overseas pineapple production, the writing was on the wall for Hawaii’s island industry.
Crops, Guide Business, Marketing

Is Hawaii the canary in the cornfield?

There is a lesson for us to learn from the island paradise, so get ready for some uncomfortable reading

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Since 2012, U.S. grain prices have trended down significantly. Canadian farmers have been somewhat shielded from the price drop by a corresponding slump in the Canadian dollar. However, current prices combined with last year’s weather-related yield and quality losses are resulting in negative margins for many producers. Coffee shop analysts are quick to assign blame […] Read more
Lozova plans to first introduce itself to Canadian farmers with its Ducat disc harrow.
Guide Business, Machinery

Building their Canadian base

While the rest of us had our eyes turned south, Ukrainian manufacturer Losova used CUFTA to set up shop in Canada

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If we’ve heard about NAFTA and USMCA once during the past 12 months, we’ve heard about them a million times, and for good reason. As the U.S. president’s rhetoric around the renegotiations heated up, the risk to established supply chains in virtually every manufacturing sector kept business executives up at night. Now, with a new […] Read more
A weak Canadian dollar is beneficial overall to Canadian farmers as they export the majority of their agricultural products.
Guide Business, News

Black swans

What will it take to knock Canada’s farmland market out of its holding pattern?

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Canadian dollar “Excluding an extraordinary shock to production or commodity prices, a significant increase in the value of the Canadian dollar would have the biggest impact on the supply of farmland available for sale,” says Saskatchewan realtor Tim Hammond. A weak Canadian dollar is beneficial overall to Canadian farmers as they export the majority of […] Read more
Western Canada has seen a substantial expansion of soybean acres.
Markets, Soybeans, Weather

The wild ride in soybean markets continues

Most years offer some reasonable pricing opportunities. This winter, they may be difficult to find

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From small beginnings in the deep southwest of Ontario, soybeans in 2018 have expanded across Canada in a very big way. In fact, when you commence the drive from Windsor, Ont., soybean fields dominate the landscape along the 401 corridor and into Quebec. It is the same in parts of Manitoba, with smaller acreages dotting […] Read more
General

CPTPP trade agreement ratified

Canada will be among the original six and will gain some benefit from moving early

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The last domestic legislative hurdle to enacting the CPTPP trade deal with Pacific rim countries has been cleared. The deal was approved by senate and received Royal Assent the afternoon of Oct. 25. The moves makes Canada one of the first countries to ratify the 11 nation deal which comes into effect once the first […] Read more
Cereals, Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Corn and soy markets awaiting USDA report

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CNS Canada – After a week where corn, soybean and wheat contracts climbed on the Chicago Board of Trade, traders are now awaiting the latest supply and demand report from the United States Department of Agriculture. “With the crop report (for) August, which at least over the last five years has historically leaned more bearish […] Read more
General, Markets, Reuters

World’s ‘affection’ for Canada will help in trade diversification: Carr

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Ottawa | Reuters — There is “an awful lot of affection for Canada” around the world that will help the government’s push to diversify exports away from the United States, the country’s new trade minister said on Thursday, as ties with Washington become more strained. Winnipeg MP Jim Carr, previously the minister for natural resources, […] Read more
Leah Olson, president, Agricultural Manufacturers of Canada (AMC).
Machinery, Machinery Guide

Interview: A taxing time for manufacturers

Ag manufacturers see uncertainty and higher production costs from steel tariffs

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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

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AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending August 23, 2019.

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