Reading Time: 2 minutes Tariffs from China and the United States have paralyzed feed grain markets in Western Canada according to Market Master Ltd. owner Susanne Leclerc from Edmonton.
Feed Grain Weekly: Prices stand still amidst tariff troubles
Politics driving feed grain markets
Tariff threats called part of U.S. race with China
U.S. president’s actions are also seen as a possible negotiation tactic in upcoming Canada-U.S.-Mexico Agreement talks
Reading Time: 3 minutes Tariff threats against Canada and Mexico are part of a bigger struggle that the United States is in with China, says Christian Lawrence, a senior-cross asset strategist with Rabobank.
Proposed U.S. port fees on China-built ships choking coal, agriculture exports
U.S. agriculture exports face uncertainty due to proposed shipping fees, traders say
Reading Time: 2 minutes U.S. President Donald Trump's plan to revive U.S. shipbuilding using massive fees on China-linked ship visits to American ports is causing U.S. coal inventories to swell and stoking uncertainty in the embattled agriculture market, as exporters struggle to find ships to send goods abroad.
Blois makes moves to reduce agri-food red tape
Statement may signal commitment to action, competitiveness says expert
Reading Time: 3 minutes Agriculture Minister Kody Blois says the Canadian Food Inspection Agency will begin to remove some regulatory burdens including harmonizing Canada’s bovine spongiform encephalopathy (BSE) enhanced feed ban with U.S. requirements, and speeding up approvals for animal feed ingredients to reduce tariff costs.
Crop merchant Louis Dreyfus posts drop in annual profit
Reading Time: 2 minutes Louis Dreyfus Company (LDC) on Wednesday reported a drop in annual profit, the latest global crop merchant to see earnings curbed by subdued prices last year in staple grains caused by ample harvests and easing demand in China.
With beer drinking down in U.S., barley farmers now fear tariffs
Tariffs could hurt U.S. barley exports to Mexico, Canada
Reading Time: 3 minutes Reciprocal tariffs from Canada and Mexico may raise costs and limit export opportunities for U.S. barley growers, at a time when beer demand is also falling.
ANALYSIS: Carney bypasses U.S. in first trip as PM
Reading Time: 3 minutes As the trade war rages and the U.S. administration continues to threaten Canadian sovereignty, it’s no surprise Mark Carney is bypassing Washington and heading to Europe on his first international trip as prime minister.
Rubio says US could engage in new trade deals after tariffs imposed
Not about Canada, Mexico, EU, says Rubio, “It’s everybody”
Reading Time: < 1 minute Once the United States has imposed tariffs on its major trading partners it could engage in bilateral talks with countries on new trade arrangements, Secretary of State Marco Rubio said on Sunday.
Trump trade war favors Brazil’s agribusiness, grain company SLC says
China looking to Brazil as it seeks to reduce reliance on U.S. agricultural goods
Reading Time: 2 minutes The trade war initiated by U.S. President Donald Trump, which led countries including China to retaliate against tariffs implemented by his administration, is favorable to Brazil, the CEO of agribusiness firm SLC Agricola said on Thursday.
China set for canola meal shortage after 100 per cent duty on top supplier Canada
China faces limited availability of meal in other markets, plans to plant more rapeseed
Reading Time: 2 minutes China is likely to face a supply shortage of canola (rapeseed) meal by the third quarter of this year as Beijing's tariffs on shipments from top exporter Canada disrupt trade and as alternative sources are unlikely to make up the deficit.