
Tag Archives exporters

Ottawa expands insurance for canola exporters amid China dispute
Ottawa/Winnipeg | Reuters — Ottawa increased the insurance coverage available for canola exporters, a government corporation said on Thursday, as it seeks to reduce trade risks amid a dispute with China. China halted purchases of Canadian canola in March, citing pests in shipments by Richardson International and Viterra. That move, which came as Beijing has […] Read more

India to reimburse freight for some ag exports
New Delhi | Reuters — India will provide federal support for the transportation of some farm products to make Indian goods more competitive in foreign markets, the government said in a statement Tuesday. The scheme will be applicable for a year, to March 2020. The government will reimburse the freight paid by Indian exporters through […] Read more

Russia’s ag ministry to set up new grain exporters’ union
Moscow/Hamburg | Reuters — Russia’s agriculture ministry will set up a new grain exporters’ union to better understand the needs of the market, it said on Monday after its routine meeting with local grain traders. Traders interpreted it as a result of the close attention with which Russian officials have been monitoring how big exporters […] Read more

Is China buying U.S. soy? Washington shutdown keeps traders guessing
Chicago | Reuters –– Commodity traders are in the dark because of the partial U.S. government shutdown, unable to see daily and weekly reports of agricultural exports to obtain clues as to whether China is following through with promises to buy grain and soy amid the ongoing trade war. Traders have been anxiously awaiting proof […] Read more

U.S. grains: Soybeans sag as China sale fails to impress
Chicago | Reuters — U.S. soybean futures fell to a one-week low on Thursday as confirmation of a 1.13 million-tonne U.S. soybean sale to China failed to impress traders who are shifting their focus to burdensome U.S. and global supplies, analysts said. Wheat futures rose, almost hitting a two-month top, supported by signs of rising […] Read more

‘Buyer beware’ on Canada’s cheese concessions, EU exporters say
Toronto/Brussels | Reuters — A trade deal meant to give European cheesemakers more access to the Canadian market is falling short of its promise in its first full year, government data show, frustrating the European industry, which blames a year-old Ottawa quota system. Under the Comprehensive Economic and Trade Agreement (CETA) with the European Union, […] Read more
U.S. grains: Wheat, soy, corn rebound after early drops
Chicago | Reuters — U.S. wheat futures rallied on Tuesday, surging 2.4 per cent on a bargain buying rebound after falling to their lowest in nearly three weeks early in the session. The gains in wheat spilled over into the corn market and soybean futures also rose, snapping a four session losing streak. But strength […] Read more

Exporters, fearing border tax, scramble to shift production
Ottawa | Reuters — Canadian exporters are scrambling to find ways to avoid a potential 10 per cent import tax promised by U.S. President-elect Donald Trump, including the possible shifting of production or supply lines south of the border. Amid warnings from the Bank of Canada on Wednesday that protectionist policies brought in by Trump […] Read more
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