With a decline of 19.2 per cent, total canola stocks in Canada dropped from a year ago, while all wheat stocks bumped up 0.9 per cent, Statistics Canada reported on Feb. 7.
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Canola stocks shrink, wheat nudges up
StatCan issues stock report
Trump’s trade chief nominee Greer says universal tariff needs more study
Countries must lower trade barriers to enjoy U.S. market access
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.
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Mexico City | Reuters – Mexico’s government has repealed previous restrictions on genetically-modified (GM) corn for human use, as well for livestock and industrial uses, according to a notice on Thursday in the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
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.
USDA detects a second bird flu strain in dairy cattle, agency email says
Strain not seen in cows previously
The U.S. Department of Agriculture has detected a bird flu strain in dairy cattle that previously had not been seen in cows, according to an email from the agency’s Animal and Plant Health Inspection Service seen by Reuters.
China launches WTO dispute over Trump tariffs
Additional measures possible
China has launched a dispute at the World Trade Organization (WTO) over tariffs imposed by U.S. President Donald Trump on Chinese goods, the Geneva-based body said on Wednesday.
Bird flu spurs diner chain Waffle House to add 50-cent fee per egg
Temporary hike a reponse to rising egg prices
U.S. diner chain Waffle House has added a 50-cent surcharge for every egg in a customer's order, the company said in a statement posted in its restaurants on Monday.
Launching National Farmer Crisis Line
Crisis line is available at 1-866-FARMS01 (1-866-327-6701)
As farming gleans stress from a variety of sources, the Canadian Centre for Agricultural Wellbeing announced on Feb. 4 that it has set up the National Farmer Wellness Network. The crisis line is available free of charge and was designed specifically for the mental health challenges faced by Canadian farmers, their families as well as […] Read more
U.S. Fertilizer group calls for tariff exemption
Canadian and American fertilizer groups oppose tariffs
Fertilizer industry representatives on both sides of the border are upset with U.S. President Donald Trump's tariffs, which have recently been postponed.
CNH Industrial forecasts lower FY profits on declining agriculture, construction equipment sales
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