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
ADM quarterly profit falls on weak crush margins, announces layoffs
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.
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.
Tyson lifts 2025 sales forecast, prepares for tariff impacts
Strong demand for beef and chicken
U.S. meatpacker Tyson Foods raised its annual sales forecast on Monday as strong demand for beef and chicken helped it exceed first-quarter results estimates, lifting shares three per cent.
Markets tumble over Trump tariffs, world leaders brace for his next moves
Global financial markets fell on Monday over tariffs imposed on Canada, Mexico and China by U.S. President Donald Trump, while world leaders steeled themselves to respond to his next moves, with the European Union in the firing line.
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