China has widened its investigation into imported EU products, adding an anti-subsidy probe of cheese, milk and cream to anti-dumping checks on pork and brandy.
Explainer: China widens probe of EU imports
India to launch $1.48 bln plan to raise oilseed output, cut imports
New Delhi | Reuters – India will launch a 110 billion rupee ($1.48 billion) plan to boost domestic oilseed production to make the country self-sufficient in edible oil, Prime Minister Narendra Modi said on Monday, a move that will cut costly vegetable oil imports. India is the world’s biggest vegetable oil importer and spends an […] Read more
Feed weekly outlook: Market not bottomed yet
MarketsFarm — Falling feed grain prices in Western Canada have not hit the bottom just yet, especially as harvest delays lead to quality downgrades. “I would say it’s coming down quite a bit more,” said Mike Fleischhauer of Eagle Commodities in Lethbridge. The barley and wheat harvests are running behind normal in both Saskatchewan and […] Read more
World’s ‘affection’ for Canada will help in trade diversification: Carr
Ottawa | Reuters — There is “an awful lot of affection for Canada” around the world that will help the government’s push to diversify exports away from the United States, the country’s new trade minister said on Thursday, as ties with Washington become more strained. Winnipeg MP Jim Carr, previously the minister for natural resources, […] Read more
Trump’s tariff war threatens to erode support of farmers
Chicago | Reuters — President Donald Trump’s tariff battle with key buyers of U.S. apples, soybeans and corn threatens the support of some of his biggest backers — U.S. farmers now seeing their livelihoods in jeopardy. Farmers overwhelmingly supported Trump in the 2016 election, welcoming how he championed rural economies and vowed to repeal estate […] Read more
U.S. meat groups fear for market growth with China beef tariff hike
Chicago | Reuters — China’s proposal on Wednesday for tariffs on U.S. beef confirmed the worst-case scenario for the U.S. cattle industry, trade groups said Wednesday, even as they remained hopeful the dispute could be resolved quickly. China listed U.S. goods from soybeans to beef that could potentially incur a 25 per cent import tariff […] Read more
Surprise Indian duty on peas leaves Canada scrambling
Winnipeg | CNS – The Canadian pea industry was shocked Wednesday morning to wake up to a notice from India declaring a 50 per cent tax on pea imports to the country. “This sort of moves us beyond even where India has been before in pulse import duties … more than a decade ago we […] Read more
Soaring river freight hits U.S. farmers
Chicago | Reuters — U.S. farmers are running out of options for their just-harvested corn and soybeans as delays on the Mississippi River, the main conduit for crops to export markets, cause shipping backlogs, while grain storage on the river’s banks is filling up. Low river levels and backups at aging locks have slowed navigation […] Read more
U.S. ethanol expected to be competitive in 2017
San Diego | CNS Canada –– Weaker commodity prices and less international competition are expected to lend demand and profitability to the U.S. ethanol market in 2017, one analyst says. But changing political and policy environments — in the U.S. and abroad — add an element of uncertainty to the market, and the potential to […] Read more
Demand for Canadian forages heading skyward
Forage exporter says the only negative last year was finding enough hay to meet foreign demand
Reading Time: 2 minutes Canadian overseas forage markets have grown in the past couple of years, and the future looks very promising. Korea and Taiwan remain solid markets, but China has come on strong the past few years, Marc Lavoie, forage exporter and manager of Entreprises MacKay, said at the Alberta Forage Industry Network Conference. “Last year, China imported […] Read more
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