Reading Time: 4 minutes Canadian canola producers are poised to crush the Asian canola oil market if the Trans-Pacific Partnership trade deal is implemented. “The immediate benefit in the next five years is going to be that the tariffs on canola oil going into Japan are going to drop from 15 per cent to zero,” said Ward Toma, general […] Read more
A golden future? Trade deal could see more canola crushing here
Canola producers who farm close to crush plants can get premiums, but it can mean more trucking costs
Global markets: Japan, Germany cut economic forecasts
CNS Canada –– The following is a glance at the news moving markets globally. JAPAN CUTS INDUSTRIAL PRODUCTION, ECONOMIC OUTLOOK – The Japanese government downgraded its assessment of industrial production and identified some areas of weakness in a monthly government report released on Wednesday. The reduced forecast for industrial production is due to weaker demand […] Read more
Canada risks being sidelined in TPP trade deal, Vilsack says
Istanbul | Reuters — Canada risks getting left behind in a 12-nation Pacific trade deal because it has been reluctant to negotiate opening its markets, U.S. Agriculture Secretary Tom Vilsack said Thursday. Vilsack also told Reuters that longstanding disagreements with Japan over rice exports would not threaten the Trans-Pacific Partnership (TPP) and that the U.S. […] Read more
Taiwan, Japan ban Ont. poultry over avian flu
Winnipeg | Reuters — Japan and Taiwan have imposed trade restrictions on poultry and poultry products from Ontario, the Canadian Food Inspection Agency said Tuesday, a day after avian flu was confirmed in the province. The government agency said a turkey farm near Woodstock, Ont. was under quarantine after the presence of H5 avian influenza […] Read more
Japan seen set to cut beef, pork tariffs in TPP talks
Tokyo | Reuters — Japan is prepared to cut its high import tariffs on beef and pork and slightly ease tight restrictions on rice imports for U.S. producers, in a rush to seal an ambitious Pacific trade deal, Japanese media said Friday. Tokyo’s reported concessions come as talks accelerate with Washington to strike a bilateral […] Read more
Where will trade grow?
Straight from the hip: There is a host of buyers for Canadian beef and many opportunities to grow the sector
Reading Time: 3 minutes The average age of the farmer in Japan is now 62, and very few farms are being started. This has left land abandoned or underutilized, with Japanese farmers now supplying just 39 per cent of the nation’s caloric intake (down from 73 per cent in 1965), which is a measure of self-sufficiency. Japan is in […] Read more
Cyber-Savvy Farmer
