London/Toronto | Reuters — Britain and Canada struck a rollover trade deal on Saturday to protect the flow of almost $35 billion-worth of goods and services between them after Brexit, and vowed to start talks on a bespoke agreement next year. As Britain prepares to end its transition out of the European Union on Dec. […] Read more
Britain, Canada agree on post-Brexit rollover trade deal
Tailor-made comprehensive pact expected to follow
Britain to protect pork pies, whisky with new scheme after EU exit
London | Reuters — New rules to guarantee the authenticity and origin of traditional British foods, such as Stilton cheese and Melton Mowbray pork pies, after the end of the UK’s Brexit transition period, were set out by the government on Thursday. Britain left the European Union at the end of January and an 11-month […] Read more
The Canada-EU trade deal: High hopes replaced by frustration
Instead of billions in extra trade, agreement bogged down in fruitless talks on ‘technical’ trade barriers
Reading Time: 6 minutes CETA is short for the Comprehensive Economic and Trade Agreement, but for many it’s become a term for frustration and disappointment. “When CETA was signed and ratified three years ago, there were lots of promises,” said Doug Sawyer, a cow-calf producer from Pine Lake and co-chair of the foreign trade committee for the Canadian Cattlemen’s Association. […] Read more
Canada not benefiting from CETA, Bibeau says
Ex-premiers write to Ottawa with critique of EU's continued trade barriers
Canada is not benefiting from the Comprehensive Economic and Trade Agreement (CETA) with the European Union (EU), federal Agriculture Minister Marie-Claude Bibeau grants. Expected to spur $1.5 billion in new agri-food exports, the free trade deal has fallen short of those targets since its implementation in 2017. In a letter Monday to Prime Minister Justin […] Read more
Britain’s wheat imports climb, Canada top supplier
London | Reuters — British wheat imports were sharply above year earlier levels in July, with Canada and France the main suppliers, customs data showed on Friday. Wheat imports for the month totalled 149,337 tonnes, up from 91,965 tonnes in July 2019, the figures show. July is the first month of the marketing year. Imports […] Read more
ICE weekly outlook: How long can canola rally last?
MarketsFarm — Canola on ICE Futures has continued to push higher over the last week largely due to the growing strength in soyoil on the Chicago Board of Trade. “We got soyoil at a seven-month high and that’s certainly a supportive factor in continuing to underpin our market,” said Keith Ferley, a trader with RBC […] Read more
Elanco gets EU’s conditional antitrust OK for Bayer deal
Approval calls for sale of Vecoxan brand, among others
Reuters/Staff — Elanco Animal Health secured antitrust clearance on Monday from the European Union to buy Bayer’s veterinary drugs unit, after pledging to sell some products to address competition concerns about the US$7.6 billion deal. The European Commission said the companies will sell either Elanco or Bayer’s products or those in the pipeline, including licenses, […] Read more
EU plans to halve pesticide use, expand organic farming
Brussels | Reuters — The European Commission said on Wednesday it planned to increase organic farming and cut agricultural chemical use to protect the environment, proposals welcomed by green groups but which farmers said would make them less flexible. Agriculture is a contributor to climate change – producing around 10 per cent of EU greenhouse […] Read more
Grains, oilseeds, pulses hold their own amid pandemic
MarketsFarm — Prices for grains, oilseeds and pulses are not as bad off as livestock values are due to the COVID-19 pandemic, according to Neil Townsend, chief market analyst for FarmLink Solutions in Winnipeg. FarmLink hosted a webinar Wednesday to provide its outlook for the coming crop year. One thing Townsend stressed was there is […] Read more
EU sets out COVID-19 support for farmers
Moves meant to stabilize markets
Brussels | Reuters — The European Commission proposed measures on Wednesday to support farmers hit by the coronavirus restrictions, including aid to store surplus dairy and meat products. Under the proposals, the Commission will grant aid for private storage of milk powder, butter and cheese as well as beef, sheep and goat meat for a […] Read more
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