Markets
U.S. trade policies continue to impact agrictultural futures, and politics appear to remain the driving force behind grain and oilseeds markets for the foreseeable future.
Markets
Tariffs roil Canadian grain markets
About the only certainty these days is there is going to be more uncertainty
Volatile canola market will require quick decisions
The volatility caused by American and Chinese tariffs is expected to continue through 2025 and likely into 2026 as well
Canadian canola farmers must feel that they have become a punching bag for their country’s trading partners.
Canada to seed more wheat, less canola in 2025: StatCan
Farmers also seeding more peas, corn and oats
Canadian farmers intend to plant more wheat and less canola in 2025, according to the first survey-based estimates for the upcoming growing season from Statistics Canada released March 12. Area seeded to corn, oats and peas is also expected to rise, while soybeans, barley and lentils are forecast to lose acres.
Turkey’s lentil crop set for recovery
Recent rain could result in a 10 to 15 per cent larger crop than the 405,000 tonnes the country’s farmers harvested last year
Turkey’s lentil crop appears to have avoided much drought damage so far this year. Almost the entire crop is grown in the southeastern part of the country, where it was dry in October, November and December. Rain finally came in February, helping to reverse the fortunes of the crop.
Trump hides behind emergency declaration on tariffs
Trump’s emergency declaration is a cover for his current whims and desire to blame America’s problems on outside actors.
Canola could lose out as farmers plan for tariff
Farmers have already made most of their seeding decisions but could still fine-tune them if tariffs are reinstated in April
Protectionist trade actions in two key export markets will likely influence farmers’ seeding plans, says an analyst.
Canola not eligible for U.S. biofuel program
Crop hit with Chinese tariffs, excluded from U.S. biofuel program
Canada’s canola industry is reeling from a series of devastating body blows. The latest gut punch came on March 8 when China announced it is imposing a 100 per cent tariff on Canadian canola oil and meal effective March 20.
Pulse sector hopes for quick tariff resolution
China promises 100 per cent tariffs on peas and canola oil and meal by March 20, as well as 25 per cent tariffs on pork
Greg Cherewyk, president of Pulse Canada, says there is still time to avert China’s proposed tariffs on a variety of agricultural goods. It is important to note that China selected March 20 as the implementation date
Carney election could change agriculture priorities ahead of federal election
Glacier FarmMedia – Mark Carney has been elected as leader of the Liberal Party of Canada and will become the next Prime Minister of Canada. Carney’s victory was certified Sunday evening, as the former Bank of Canada governor took 85 per cent of the vote among Liberals. His campaign was launched following Prime Minister Justin […] Read more
New Chinese tariffs ‘devastating’ to Canadian ag sector
Ag groups decry latest trade action
UPDATED – March 10, 2025 – 1445 CST – to include comments from the Grain Growers of Canada Glacier FarmMedia — A new trade war front opened over the weekend as China announced stiff tariffs on Canadian canola oil, meal, peas, pork and other commodities late Friday. Canadian industry groups decried the move and are […] Read more
