Reading Time: 2 minutes Seoul | Reuters –– Commodity firm Cargill expects international grain markets to remain oversupplied for a long time due to bountiful harvests and a rise in storage, the head of the global commodity trader said on Friday. Bumper crops have flooded many markets, dragging on prices for grains and hitting profits at agribusiness giants including […] Read more
Cargill expects grain glut to last long time
U.S. farm groups pile on Canada as Trump eyes trade fairness
Reading Time: 2 minutes Winnipeg | Reuters — U.S. President Donald Trump’s criticism of the protected Canadian dairy system has emboldened U.S. farm groups to tackle other longstanding agriculture irritants, as the countries move toward rewriting trade rules. U.S. poultry exporters, who include Tyson Foods and Pilgrims Pride Corp., as well as egg sellers, are expected to seek greater […] Read more
Pacific trade pact nations meet to discuss future without U.S.
Reading Time: < 1 minute Ottawa | Reuters — Negotiators from the remaining members of the Trans-Pacific Partnership (TPP) gathered in Canada on Tuesday seeking ways to boost free trade in the region after the U.S. pulled out of the 12-nation pact. The withdrawal killed off years of negotiations and left the region looking for ways to deepen economic ties […] Read more
Trump tells Canada, Mexico he won’t terminate NAFTA treaty yet
Reading Time: 3 minutes Washington | Reuters — U.S. President Donald Trump told the leaders of Canada and Mexico on Wednesday that he will not terminate the NAFTA treaty at this stage, but will move quickly to begin renegotiating it with them, a White House said. The announcement came after White House officials disclosed that Trump and his advisers […] Read more
White House readies order to quit NAFTA
Reading Time: 2 minutes Washington | Reuters — The White House is considering a draft executive order to withdraw the U.S. from the North American Free Trade Agreement, a senior Trump administration official said on Wednesday. It was unclear whether the order would be enacted by President Donald Trump, who has vowed to pull out from the U.S./Mexico/Canada trade […] Read more
Trudeau defends dairy system against Trump protectionist charge
Reading Time: 2 minutes Ottawa | Reuters — Canadian Prime Minister Justin Trudeau on Thursday brushed off an attack by U.S. President Donald Trump on Canada’s system of dairy protections, saying every nation defended its agricultural industries. Trudeau told Bloomberg Television that the U.S. in fact ran a dairy surplus with Canada. Trump took aim at Canada’s dairy industry […] Read more
Trump wins support for possible WTO action on Canada dairy
Reading Time: 2 minutes Reuters – Australia and New Zealand dairy industry leaders say they would support moves by the United States to draw the World Trade Organization into a trade dispute with Canada, after President Donald Trump said existing rules were unfair. On a visit to the U.S. cheese-making state of Wisconsin on April 18, Trump said he […] Read more
Trump vows to back U.S. dairy farmers in Canada trade spat
Reading Time: 2 minutes Reuters — U.S. President Donald Trump promised on Tuesday to defend U.S. dairy farmers who have been hurt by Canada’s protectionist trade practices, during a visit to the cheese-making state of Wisconsin. Canada’s dairy sector is protected by high tariffs on imported products and controls on domestic production as a means of supporting prices that […] Read more
U.N. picks former U.S. governor to run World Food Programme
Reading Time: < 1 minute Reuters — United Nations chief Antonio Guterres has appointed former South Carolina Governor David Beasley to run the Rome-based World Food Programme (WFP), at a time when U.S. President Donald Trump has proposed slashing funding for the world body and its agencies. Beasley will replace another American, Etharin Cousin, who has been the WFP executive […] Read more
Take advantage of growth, guard against risk with new U.S. regime: Frum
Reading Time: 3 minutes Political commentator David Frum says there’s good, bad and potentially ugly for Canadian farmers in the United States’ new and unpredictable Trump administration. Frum, a senior editor at The Atlantic magazine and, more recently, an owner of Ontario farmland, told the Grain Farmers of Ontario March Classic in London recently that global markets have been […] Read more
A message from April Stewart, Country Guide's Associate Editor
