Canada must prepare for a future featuring a less friendly trade environment, says a new policy note authored by two leading policy analysts. Al Mussell and Ted Bilyea, researchers at Agri-Food Economic Systems Research, said the recent action by China on Canadian canola illustrates their point.
Researchers call for rapid adaptation to global trade environment
Ottawa charging ahead: forget canola
Ottawa’s pandering to domestic EV industry sacrifices Canadian canola growers
Reading Time: 2 minutes Ottawa's pandering to domestic EV industry sacrifices Canadian canola growers to Chinese trade whims.
Fund traders add to bearish bets in canola
Managed money fund traders added to their large net short position in canola in early September, while profit-taking saw a reduction in the bearish bets for soybeans and corn in Chicago, according to the latest Commitments of Traders report.
StatCan revises canola production lower
Hot and dry weather saw crop conditions decline across much of Western Canada over the past month, with the latest model-based production estimates from Statistics Canada showing downward revisions in both canola and wheat production from the August report.
Alberta weekly crop report: Harvest yields are coming in lighter than expected
Combining of major crops in Alberta progressed 23 points during the week ended Sept. 10, reaching 54 per cent, according to the province's latest weekly crop report. While dry weather helped to advance the harvest, crop yields were not meeting expectations.
China’s carrot-and-stick tactics on EU nations start to pay off
China appears to allow no room for negotiations or concessions with Canada
Beijing, as a vote on EU duties on China-made electric vehicles looms, employed a carrot-and-stick approach to deal with the 27-strong bloc, but appears to have no concessions for Canadian canola.
China gets huffy; time for canola to build markets elsewhere
China’s anti-dumping probe against Canadian canola underlines need to double down on market development
Reading Time: 3 minutes China;s anti-dumping probe against Canadian canola has sent the sector spinning, but it underlines the need to double down on market development.
Saskatchewan crop report: Hot, dry conditions help harvest
Saskatchewan’s harvest was more than halfway finished at 61 per cent complete, although not as much as the 68 per cent complete from one year ago. The figure was higher than the 42 per cent reported last week, the five-year average of 50 per cent and the 10-year average of 46 per cent. The southwest region was the nearest to completion at 85 per cent while the northeast region’s harvest was only at 34 per cent.
ICE canola weekly outlook: Contracts hovering above lows
The ICE Futures canola market held above major chart support during the week ended Sept. 11, as uncertainty over a Chinese anti-dumping investigation tempered any attempts at moving higher.
Manitoba harvest advances with co-operative weather
Harvesting in Manitoba reached 40 per cent complete according to the latest crop report from the provincial agriculture department on Sept. 10. The central region was furthest along a 51 per cent finished, followed by the eastern region at 47 per cent done, the southwest at 38 per cent, the Interlake at 34 per cent and the northwest at 25 per cent.