Jamieson Greer, President Donald Trump’s nominee for U.S. trade representative, said on Thursday that a universal tariff needs further study to gauge its impact on rising U.S. trade deficits, and put countries on notice they must lower import barriers to maintain access to the U.S. market.
Trump’s trade chief nominee Greer says universal tariff needs more study
Countries must lower trade barriers to enjoy U.S. market access
U.S. grains: Wheat futures jump on Black Sea crop worries, short covering
Chicago Board of Trade wheat futures climbed to their highest level since October on Thursday as cold weather stoked concerns about potential crop damage in the Black Sea region, analysts said.
Feed Grain Weekly: Markets uncertain after tariff delays
Corn prices could rise if tariffs are imposed
Despite the delay in U.S. President Donald Trump's planned tariffs, there is plenty of uncertainty in the Western Canadian feed grain market.
U.S. livestock: Cattle mixed, hogs higher
Strong export sales for cattle, hogs
Live and fed cattle futures on the Chicago Mercantile Exchange dropped back on Thursday, despite strong export sales. The United States Department of Agriculture reported export sales of 24,907 tonnes for the week ended Jan. 30. That’s up 23.5 per cent from the previous week and the most since August. The April live cattle contract […] Read more
Mexico formally repeals restrictions on GM corn after trade panel ruling
Mexico City | Reuters – Mexico’s government has repealed previous restrictions on genetically-modified (GM) corn for human use, as well for livestock and industrial uses, according to a notice on Thursday in the official gazette. The United States, which for decades has exported large volumes of GM yellow corn to Mexican buyers, had objected to […] Read more
U.S. Grains: Soybean, corn futures fall on improving Argentina weather forecast
Rains benefit dry Argentine crop areas
Chicago Board of Trade grain and soy futures backpedaled from their highest prices in months on Wednesday as weather forecasts improved in Argentina, analysts said.
ICE canola weekly outlook: Uncertainty overhanging market
Tariff threats and U.S. biofuel questions
A pause on tariffs from the United States gave the canola market a boost during the first few trading days of February, although the outlook remains cloudy, and values ran into resistance on Feb. 5.
U.S. livestock: Cattle, hogs rise on strong exports
Hog exports have second best December
Live and fed cattle futures on the Chicago Mercantile Exchange were higher on Wednesday
CBOT Weekly: Hard to determine where markets could go
Tariffs issues clouding pathways
With global trade in something of a chaotic mess due to the Trump administration threatening to impose tariffs and placing levies on China, the futures for soybeans, corn and wheat are very difficult to determine said Terry Reilly, senior agricultural specialist for Marex. Added to that, he suggested there could be a few surprises in the February supply and demand report from the United States Department of Agriculture.
Bunge Q4 profit falls on weak crush margins, forecasts 2025 earnings drop
Trade tensions and biofuel uncertainty weigh on sector
U.S. crop commodities trader Bunge Global posted a larger-than-expected quarterly profit drop on Wednesday and warned that 2025 earnings could sink to the lowest in six years as trade tensions and biofuel policy uncertainty drag on the agricultural sector.
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