The Canadian agricultural sector is under pressure as U.S. President Donald Trump is expected to announce more tariffs on April 2. Prime Minister Mark Carney has pledged retaliation.
Markets

U.S. spring wheat the lowest since 1970
The main headlines in the USDA Prospective Plantings report deal with the expected corn and soybean plantings. Corn area came in above expectations at 95.326 million acres which is up by five per cent from last year. Soybean area dropped by four per cent to 83.495 million acres. In Western Canada the real interest is […] Read more

U.S. farmers to plant more corn, less soy
The USDA is forecasting 45.4 million acres of all wheat, down two percent from 2024 levels
The USDA is forecasting 45.4 million acres of all wheat, down two percent from 2024 levels

Canada should increase canola consumption
The domestic market for the crop is already large, but an energized renewable diesel sector could increase local demand
Canada should increase domestic demand for canola

Spring wheat protein premiums non-existent
Another factor to watch in the U.S. spring wheat market are retaliatory tariffs that could affect trade flows
Spring wheat protein premiums are basically non-existent right now and an analyst doesn’t see that changing anytime soon.

Wheat prices drop despite tighter ending stocks
Crop conditions remain mostly good in the European Union, the United States and the Black Sea region, keeping a lid on prices
Spring wheat markets have been trending sideways during the past week after dropping like a stone over the past month.

Chinese ship tax would greatly benefit Canadian shippers, says analyst
Proposed fees on Chinese-built and -operated ships will make exports from the United States less competitive in the world market, and that would greatly benefit Canadian shippers, says an analyst.

Fababeans have potential, but looking for foothold
Annual production of the crop appears to have stalled, but there is much more productive capacity in Canada
Fababean is a crop brimming with potential but struggling to establish a foothold in Canada, says an industry official.

Nutrien sees no major impact from Black Sea deal
Nutrien said on Wednesday it doesn’t think the proposed Black Sea shipping deal between Ukraine, Russia and the U.S. will significantly affect the North American or global fertilizer market this year.

Mexican durum crop in trouble
Canada to face less export competition
Canada will face less competition from Mexico in the durum market this year.