As canola futures try to regain the ground lost during the week of March 10, the longer term outlook for the oilseed is very unknown, according to risk advisor and trader John De Pape of The Trading Floor.
ICE Canada Weekly: Canola approaching uncertainty
ANALYSIS: Carney bypasses U.S. in first trip as PM
As the trade war rages and the U.S. administration continues to threaten Canadian sovereignty, it’s no surprise Mark Carney is bypassing Washington and heading to Europe on his first international trip as prime minister.
Alberta farm leader hopes for stronger trade once dust settles
Trade wars are erupting on multiple fronts for Canada, but there is hope that the future will bring steadier times for the agriculture industry when it comes to separating fact from fiction on the international stage.
Lutnick suggests U.S. to eventually make new bilateral trade deals
Minnesota governor says the U.S. has become untrustworthy
As NATO secretary general Mark Rutte sat quietly beside U.S. president Donald Trump in an Oval Office press conference March 13, the president declared that Canada, a key NATO nation, should willingly submit to American dominance.
Growers show flax interest amid canola turmoil
Statistics Canada forecasts an acreage drop, but a processor says farmers have been phoning since the U.S. trade war erupted
Statistics Canada has projected that flax acres will decline in 2025. That could happen, but with the trade and tariff uncertainty surrounding canola this winter, more growers are contacting Tyson Fehr and asking questions about the crop.
Farm machinery associations respond to retaliatory proposals
Agriculture equipment may soon be widely tariffed for the first time since the Second World War
The North American Equipment Dealers Association says Canadian counter-tariffs on farm machinery could severely impact the sector.
ICE Weekly: No end in sight for canola’s downfall
U.S., China tariffs sink canola prices
Tariffs on Canadian canola oil and meal imposed by the United States and China have sunk the futures for the oilseed at the Intercontinental Exchange.
Trump says he’ll double tariffs on Canadian metals, calls for tariffs to be dropped on dairy
U.S. President Donald Trump says he will double tariffs on Canadian metals to 50 per cent, and called for removal of "Anti-American farmer" tariffs on dairy.
American farmers put plans, investments on hold under Trump USDA spending freeze
Farmers and food organizations across the country are cutting staff, halting investments and missing key funding amid a USDA freeze on a broad swath of grants, more than two dozen farmers and agricultural support groups in seven states told Reuters.
Tariffs – where do we stand now?
As of March 7, goods under CUSMA were exempted from U.S. tariffs until April 2. Canadian tariffs on $30 billion of American goods remained in place.
Cyber-Savvy Farmer
