Reuters – CNH Industrial CNH.N on Tuesday forecast 2025 profit below Wall Street’s estimates, as it expects sales to be lower year-over-year in both its agriculture and construction equipment markets in 2025, sending its shares down 3.7 per cent before the bell. The Basildon, UK-based company expects 2025 adjusted earnings to be in the range […] Read more
CNH Industrial forecasts lower FY profits on declining agriculture, construction equipment sales
ADM quarterly profit falls on weak crush margins, announces layoffs
Chicago | Reuters – Grains merchant Archer-Daniels-Midland ADM.N reported a drop in fourth-quarter profit on Tuesday, pressured by weak oilseed crush margins and uncertainty over U.S. biofuel policy, and said it would be laying off up to 700 employees globally this year. Chicago-based ADM said it aimed to cut costs by $500 million to $750 […] Read more
Nutrien says U.S. farmers likely to bear tariff costs
The United States imports over 80 per cent of their potash from Canada
Nutrien, the world’s largest potash producer, says U.S. farmers will face higher costs if tariffs are put in place.
U.S. tariffs on Canada delayed until March
Trudeau and Trump reach deal to postpone trade war
A looming trade war between Canada and the United States set to begin Feb. 4 will be postponed for at least another month, Prime Minister Justin Trudeau announced via social media late Monday, Feb. 3.
U.S. grains: Corn, wheat, soy rally on delay to Mexican tariffs
Chicago corn, wheat and soybean futures jumped on Monday, rallying from early declines, as U.S. President Donald Trump announced tariffs threatened on Mexican goods would be paused for a month.
U.S. livestock: Cattle futures pull back to start February
Trump delays tariffs on Mexico
Live and fed cattle futures on the Chicago Mercantile Exchange stepped back on Monday, moving further away from highs reached in late January.
Tariffs will be ‘devastating’
Farm groups react as U.S. inches closer to tariffs
Canadian farm groups react to Trump tariffs. The Canadian government has announced plans to impose its own tariffs on U.S. imports as soon as the American tariffs go into effect
EMC unveils Canada/U.S. trade relations service
Non-profit asks manufacturers to pose questions, provide answers
Excellence in Manufacturing Consortium is opening its Member Needs Help service to all Canadian manufacturers to help them navigate the U.S./Canada trade crisis.
Canada releases list of tariffed items
Federal goverment to impose tariffs on Feb. 4
The federal government has released a list of items imported from the United States to see 25 per cent tariffs starting on Feb. 4, 2025.
Canada can’t afford to let its food sector be snatched in trade war
It will take political will and investment to maintain a sector vital to Canada’s national security
Canada's food sector was already under stress. Trump's tariff war is another nail in its coffin.
Cyber-Savvy Farmer
