Chinese importers are scaling back purchases of Canadian canola with shipments from December likely to plunge as most buyers are reluctant to sign new deals for fear that Beijing could impose retaliatory anti-dumping duties.

Chinese buyers slash Canadian canola imports on fears of anti-dumping duty

World Soil Day celebrates critical resource
December 5 marks World Soil Day, a day set aside by the United Nations Food and Agriculture Organization to celebrate this critical resource and raise awareness of the challenges of protecting it. This year’s theme, “Caring for Soils: Measure, Monitor, Manage,” underscores the importance of accurate soil data and information in understanding soils characteristics and […] Read more

U.S. livestock: Cattle futures recoil from highs as packer losses deepen
Chicago Mercantile Exchange live and feeder cattle futures dropped on Wednesday in a technical and profit-taking retreat following recent strong gains and as beef packer margins fell deeper in the red, analysts said.

ICE canola weekly outlook: Politics driving trade
The ICE Futures canola market climbed off nearby lows over the week ended Dec. 4, although the correction ran into resistance and values remain at the whim of outside forces.

CBOT Weekly: Trade focuses on tariffs, USDA report next
Proposed tariffs imposed on Canadian and Mexican imports into the U.S. gave the Chicago Board of Trade a lot to think about during the week ended Dec. 4, 2024.

Mexico expects resolution on GM corn dispute by Dec. 14
Mexican Economy Minister Marcelo Ebrard said on Tuesday he expected a resolution on a dispute under the U.S.-Mexico-Canada free trade pact regarding Mexican restrictions on imports of genetically-modified (GM) corn by Dec. 14.

More precipitation at the start of winter says Environment and Climate Change Canada
Environment and Climate Change Canada (ECCC) presented its winter seasonal outlook on Dec. 4. Officials said they expect temperatures across the country to be close to or above normal for the beginning of winter. However, they pointed out Western Canada is likely to experience normal to below normal temperatures come January and February.

U.S. grains: Soybeans fall as good South America weather lift crop prospects
U.S. soybean futures fell on Wednesday on favorable crop weather in South America and concerns about the incoming Trump administration's hawkish approach to trade with top importer China.

Agriculture groups praise CEPA trade deal with Indonesia
The Canadian Meat Council says a new trade agreement between Canada and Indonesia holds significant potential for meat exporters.

Biden administration will not finalize clean fuel tax credit guidance
Ethanol producers hoping aviation fuel would provide market growth after amid stagnant demand
Biden administration officials will not finalize highly anticipated guidelines on new clean fuel production tax credits aimed at the airline and biofuel industries before they leave in January, three sources told Reuters, casting doubt on the future of a key piece of the U.S. president's climate agenda.