Canadian farmers are reeling from China's decision to impose hefty duties on their canola seed, after the surprise move spooked grain buyers into halting purchases and stoked worries there will be little demand for crop deliveries this autumn.
Canadian farmers reel as China blocks top canola seed market
Smithfield Foods raises annual profit forecast as hog business recovers
Smithfield Foods raised its annual operating profit forecast on Tuesday as its hog business rebounded from losses and the biggest U.S. pork processor said it resumed U.S. exports to China that had been crippled by tariffs.
China slaps anti-dumping duties on Canadian canola
China on Tuesday announced preliminary anti-dumping duties on Canadian canola imports, a fresh escalation in the year-long trade dispute that began with Ottawa's imposition of tariffs on Chinese electric vehicle imports last August.
Trump urges China to quadruple soybean orders
Analysts say quadrupling soybean orders is ‘highly unlikely’
U.S. President Donald Trump on Sunday urged China to quadruple its soybean purchases ahead of a key tariff truce deadline, sending Chicago soybean prices higher, though analysts were quick to question the feasibility of any such deal.
Federal government to consult agriculture, agri-food groups on interprovincial trade rules
Consultations on regulations under the Free Trade and Labour Mobility Act to take place this month
The federal government says it will be seeking opinions from agriculture and agri-food representatives as it develops regulations under an act designed to reduce interprovincial trade barriers.
China to reduce pig herd amid low consumer demand
China’s pig industry representatives will gather next week in Beijing to discuss ways to reduce breeding sow numbers by a million as part of a push to tackle over-capacity and stabilize prices.
Trump’s higher tariffs hit major US trading partners, sparking defiance and concern
Higher tariffs likely to impact global supply chains and inflation
U.S. President Donald Trump's higher tariffs on imports from dozens of countries kicked in on Thursday, raising the average U.S. import duty to its highest in a century and leaving major trade partners such as Switzerland, Brazil and India hurriedly searching for a better deal.
Canadian Cattle Association focused on CUSMA review as trade talks with U.S. continue
As trade talks with the U.S. continue, the Canadian Cattle Association says it's pleased to see a focus on the upcoming review of the Canada-U.S.-Mexico trade agreement (CUSMA) while maintaining tariff-free access for CUSMA-compliant goods.
ADM Q2 profit falls to 5-year low amid trade turmoil
Archer-Daniels-Midland posted its lowest second-quarter profit in five years on Tuesday as U.S. trade upheaval and uncertainty around biofuel policies slowed sales and crimped trading and crop processing margins.
Canada’s trade deficit widened to C$5.9 billion in June
Canada's merchandise trade deficit widened in June to C$5.9 billion as imports grew faster than exports due to a one-time high-value oil equipment import, data showed on Tuesday.
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