There isn't really any more crop in storage than is average for this time of year, says Steve Kell, grain merchandiser with Kell Grain; however, current prices and price outlooks has many farmers less than enthused about pricing '24 crop. Kell notes that prices are 25 per cent lower than last year at this time,... Read More
Category: Markets
The Chinese government shared more details as it formally started its anti-dumping investigation into canola from Canada on Monday. China's Ministry of Commerce says the investigation, which was announced days after the Trudeau government unveiled steep tariffs on Chinese electric vehicles, steel, and aluminum, is expected to take up to one year, with a September... Read More
Prices for key fertilizer products, including potash and phosphates, have trended lower in 2024 but tumbling farm commodity prices are making it difficult to navigate input costs for the 2025 crop. In this report from the Farm Progress Show at Boone, Iowa, ADM Farm Direct Fertilizer's Chris Meyer says he and his team are having... Read More
The question is not whether Canada is actually dumping canola into the Chinese market — that's bunk, says Chuck Penner — the real question is how badly China decides to punish Canada for its recent announcement of levelling trade tariffs on EVs, steel, and aluminum. Penner, founder of Leftfield Commodity Research and recently named 60-year-old,... Read More
China is launching an anti-dumping investigation into canola imports from Canada. The move is part of a series of actions announced by the Chinese government on Tuesday in response to the Canadian government's announcement last week of a 100 per cent tariff on Chinese electric vehicle (EV) imports and 25 per tariff on Chinese steel... Read More
Markets this week are ending the summer in a downward trend with both the U.S. and Canada having a down week in the cash, cattle, and wholesale markets. In the States, live, dressed and choice cutout all came in steady or lower. Labour Day buying is done and going into September it is back to... Read More
It's no secret that there was still 2023 crop on-farm at the end of July. Some of that old crop won't have moved even as the calendar flips to September. I'm not sure that this is uncommon during cycles where the market is in decline over an extended period. For three years prior, the best... Read More
While Prime Minister Justin Trudeau and his deputy Chrystia Freeland say applying steep tariffs on electric vehicles (EVs) and steel from China is in Canada's national interest, the organization that represents Canada's agri-food exporting sectors is reminding the government it's also in Canada's interest to maintain an international rules-based system for trade. The Canadian government,... Read More
More than nine thousand railway workers at both of Canada's main railways — Canadian National Railway (CP) and Canadian Pacific Kansas City Railway (CPKC) — are returning to work after the Canada Industrial Relations Board (CIRB) decided to uphold the federal labour minister's order to impose final and binding arbitration to reach new collective bargaining... Read More
When farmers set set their sights at higher target yields, one of the limiting factors is often soil fertility. Securing nitrogen fertilizer is costly and dependent on long supply chains. Genesis Fertilizers is looking to meet the nitrogen fertilizer needs of Canadian crops with a farmer-owned urea fertilizer plant planned for Belle Plaine, Sask. Currently,... Read More