The trade war between the U.S. and China has been a stress point for many people in agriculture. Soybeans are continually the focus of any discussion involving agriculture and China because of the appetite that the Chinese have had for the protein source. It is difficult to determine how much of the price fluctuation in... Read More
Category: Canadian Agriculture Policy
The United States and Canada have found a truce on the steel and aluminum tariffs which, as promised, presents a window to ratify USMCA (NAFTA 2.0) before the fall. As export-related agricultural commodity organizations push for a Canadian ratification of the USMCA agreement, the Dairy Farmers of Canada is asking the Canadian government to tap... Read More
The White House announced a second direct payment program this week for American farmers that have suffered loss of market access due to the U.S.'s trade war with China. The program totals US$16 billion and covers a majority of crops and livestock produced in the U.S. At the same time, Canadian producers are just as... Read More
Frustration is brewing among farmers as changes to the Advanced Payment Program (APP) have yet to happen. The increase to $1 million cap from the previous $400,000 was announced more than three weeks ago. Scott Keller, farmer from New Norway, Alta., took to Twitter on Wednesday calling on the federal government to do something about... Read More
The Canadian beef market is enjoying a record-setting export pace for the first three months of 2019. Last week's announcement of Japan accepting beef from over-thirty-months of age cattle is a real bonus to an already great bull run. Fawn Jackson, senior manager of government and international relations for the Canadian Cattlemen's Association, says that... Read More
In somewhat of a landslide victory, Narendra Modi has secured another five year term as the Prime Minister of India. As one of the milestones influencing the country's strategy on pulse crop import tariffs, the federal election is big news for the international agriculture community. Now that it's over, should Canadian pulse growers expect a... Read More
Premier Jason Kenney is going through with his plan to eliminate the carbon tax. On May 22, the Government of Alberta introduced Bill 1, An Act to Repeal the Carbon Tax, and if passed, the repeal will come into force at 12:01 a.m. on May 30, 2019. “Promise made, promise kept," the premier said in... Read More
There was a time when the USMCA negotiation dominated agricultural trade headlines. But that was before the U.S./China trade war standoff. Still, the importance and momentum on ratifying the "new NAFTA" needs to continue. For Canadian agricultural exporters, NAFTA was deemed a success during its tenure, and the USMCA holds the majority of that export-dependent... Read More
As farmers in the U.S. wait on the edge of their seats to learn how much each commodity will get for round two of the Market Facilitation Program (MFP), a source told two Bloomberg reporters that the Trump administration is eyeing $2 per bushel for soybeans. NEWS: Trump admin is preparing to announce another round... Read More
Since closing its borders to beef from animals over thirty months (OTM) of age following the 2003 BSE finding in Canada, Japan has announced it will now import beef from animals of all ages. The ban, instituted in 2005, will be lifted for all importing countries, including Canada and the U.S. Japan is an important... Read More