Brussels | Reuters — Farmers should get European Union funding to reduce methane emissions from livestock or increase organic farmland, the European Commission said on Thursday, under plans to make agriculture greener. The EU is nearing the end of a two-year battle to overhaul its massive farming subsidies scheme, to attempt to align the agriculture […] Read more
EU farmers could get cash to curb emissions from belching livestock
Strike a better deal with U.K. on beef, says CCA
Reading Time: < 1 minute The Canadian Cattlemen’s Association is hailing the interim trade deal with the U.K., but says a new long-term agreement needs to “resolve trade barriers” when it comes to the trade in beef between the two countries. “A glaring inequity that remains to be resolved is that Canadian beef producers face far more hurdles to export […] Read more
Seize the opportunity to grow Canadian food exports
Canada can be ‘a leading supplier of food’ in the world if it strategically targets the right markets
Reading Time: 4 minutes Canada will need to grow and diversify its export markets if it hopes to reach its export targets by 2025, says a new report from Farm Credit Canada. “As an industry, we have quite ambitious targets when it comes to exports,” said J.P. Gervais, FCC’s chief agricultural economist. “The federal government put a $75-billion target […] Read more
Britain, Canada agree on post-Brexit rollover trade deal
Tailor-made comprehensive pact expected to follow
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 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