Farmers have been slow to price crop and while that won't drive prices higher, it could be playing a factor in providing a bit of a floor for crop prices, says Jon Driedger, market analyst with LeftField Commodity Research. Markets are definitely a little ho-hum these days, he says, with most crops being range-bound. Canola... Read More
Category: Trade
The Canadian Grain Commission will now deliver the Soy Quality Program, in partnership with Soy Canada and supported by Producteurs de Grains du Quebec, Grain Farmers of Ontario, and the Manitoba Pulse and Soybean Growers. Previously delivered by Agriculture and Agri-Food Canada’s Harrow Research and Development Centre, the Soy Quality Program in its new form... Read More
Canada's diplomatic relationship with India, and India's relationship with Canada, may have reached a new low this past week, as six diplomats were given eviction notice by the Canadian government. India, in turn, served the same notice on Canadian diplomats in India. First, let's be clear: any government supporting, coordinating, or perpetrating crimes on Canadian... Read More
New Zealand's government is ramping up its dispute with Canada over market access for dairy products. On Friday, New Zealand's trade and agriculture minister, Todd McClay, notified the Canadian government and other countries in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) that New Zealand is triggering mandatory negotiations over the dairy dispute. The... Read More
In a world where a laptop or cellphone usually travels thousands of miles before it's used, what does it mean to trade when electronic devices are made to explode en masse? Jacob Shapiro, head of geopolitical and macro research for Bespoke Group, isn't exaggerating when he likens this week's electronic-based attack in Lebanon as a... Read More
Not even a week into this latest sitting of Parliament and the sparks are flying. Question Period has been spicy, to put it mildly, and we're already looking at a Conservative non-confidence motion to be voted on next week. What could this sitting mean for the Liberals, election timing, the official opposition, the Bloc and... Read More
Regardless of political stripe, governing takes energy and ideas. There are many signs Canada's current government, led by Justin Trudeau, is lacking both. Signs that the government's battery is weak and running low. Look no further than the news this week from Liberal campaign director Jeremy Broadhurst — arguably the third most important political player... Read More
Big markets, such as the behemoth that is the Chinese economy, require equivalent or greater time commitments of work, attention, and diplomacy. Canada's relationship to China hasn't been the smoothest in recent memory, to say the least. The arrests of the two Micheals in China and Meng Wanzhou in Canada was a years'-long ordeal that... Read More
There is still much to navigate in the months ahead regarding China's investigation into "dumping" of Canadian canola into the country. The initial cost to farmers with a tanked canola price is not to be understated, but the future losses could be much worse if China does eventually levy a tariff against Canadian canola seed... 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