International trade Archives

Action needed on trade talks, supply/demand report out Friday

By Glen Hallick - MarketsFarm November 6, 2019

Reading Time: < 1 minute MarketsFarm – There needs to be some kind of firm, tangible action when it comes to the partial trade agreement between the United States and China, said Steve Georgy of Allendale Inc. in McHenry, Ill. He pointed to China, which recently said it wants some of the tariffs the U.S. has on its imports to […] Read more

Reuters

China, France sign deals worth $15 bln during visit

By Dominique Patton, Marine Pennetier November 6, 2019

Reading Time: 2 minutes Beijing | Reuters – China and France signed contracts totalling $15 billion during a visit by President Emmanuel Macron, a Chinese government official told a news briefing on Wednesday. Deals were struck in the fields of aeronautics, energy and agriculture, including approval for 20 French companies to export poultry, beef and pork to China. They also agreed to expand […] Read more

Canola, Markets

Canada, China meet over canola stalemate

By Allan Dawson October 29, 2019

Reading Time: 4 minutes [UPDATED: Oct. 31, 2019] Glacier FarmMedia – Canada and China finally had a face-to-face meeting *Oct. 28 in Geneva on China’s de facto import ban of Canadian canola seed. The private consultation under the auspices of the World Trade Organization (WTO) went well, according to Brian Innes, the Canola Council of Canada’s *vice-president of public […] Read more

Beef Cattle, Reuters

Trump, EU officials announce deal to sell more U.S. beef to Europe

By alexandra-alper, Steve Holland August 2, 2019

Reading Time: 3 minutes Washington | Reuters – U.S. President Donald Trump announced a deal on Friday to sell more American beef to Europe, a modest win for an administration that remains mired in a trade war with China, but he said tariffs on European auto exports remain a possibility. The European Commission has stressed that any beef deal […] Read more

“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?

By Ralph Pearce May 17, 2019

Reading Time: 7 minutes 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

By Gerald Pilger March 12, 2019

Reading Time: 7 minutes 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

By Scott Garvey December 18, 2018

Reading Time: 5 minutes 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?

By Richard Kamchen November 27, 2018

Reading Time: 4 minutes 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

By Philip Shaw October 30, 2018

Reading Time: 5 minutes 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

By Glacier FarmMedia Staff October 25, 2018

Reading Time: < 1 minute 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

U.S. livestock: CME cattle futures end up on firm cash trade

Prairies can expect far better harvest weather this fall

Funds’ net long keeps growing in canola

GFM Network News