Markets
BEIJING, China (Reuters) — China’s total grain production reached a record of more than 700 million tonnes in 2024 as Beijing moves to boost output in its quest to achieve food security. The year’s output in the world’s largest importer of grain stood at 706.5 million tonnes following larger harvests of rice, wheat and corn, […] Read more
Markets
Mexico vows to help save trade deal
MEXICO CITY, Mexico (Reuters) — Mexico is doing everything it can to protect a regional trade agreement with the United States and Canada, the Latin American nation’s deputy economy minister says. The three neighbouring nations, and major partners in commerce, have entered a trade tussle after U.S. president-elect Donald Trump threatened to slap tariffs on […] Read more
Brazil’s soy farmers want ban lifted
SAO PAULO, Brazil (Reuters) — A farmers’ lobby in Brazil is seeking to end a two-decade-long agreement that forbids grain traders from buying soybeans from farms on deforested land in the Amazon rainforest, claiming the deal has created an uneven playing field. Aprosoja-MT, based in western Mato Grosso state, says the agreement fostered “a purchasing […] Read more
Trade reputation in jeopardy
Glacier FarmMedia – Supply chain disruptions and short-term political thinking are bruising Canada’s reputation among its global trading partners, speakers said during the Fields on Wheels event hosted by the University of Manitoba. “The issue we hear … as we travel to these markets and have frank conversations of business and other academics and think-tanks, […] Read more
WP livestock report
Hogs The U.S. national live price average for barrows and gilts on Dec. 13 was $63.64. It was not available on Dec. 6. U.S. hogs averaged $79.90 on a carcass basis Dec.13, down from $80.13 Dec. 6. The U.S. pork cutout was $95.53 per hundredweight Dec. 13, down from $90.31 Dec. 6. The estimated U.S. […] Read more
Canfax report
This cattle market information is selected from the weekly report from Canfax, a division of the Canadian Cattle Association. More market information, analysis and statistics are available by becoming a Canfax subscriber by calling 403-275-5110 or at www.canfax.ca. Fed market still hot Alberta fed steer and heifer prices continue to rally, averaging in the low […] Read more
The future of gene editing in canola
New research could lead to higher-yielding varieties better suited to a warming climate
An unexpected side effect of gene editing research at the University of Guelph could pay dividends for canola breeders in the years ahead. The discovery stemmed from research that began in 2016. The research examined how carbohydrate metabolism is affected in Arabidopsis when substituting one of its genes with the corresponding gene from a corn […] Read more
Fall economic statement fairly quiet on agriculture
UPDATED: December 19, 2024 – 1020 CST – Glacier FarmMedia – The 2024 fall economic statement shows Canada has a $61.9 billion deficit and makes few mentions of agriculture. The statement was released Monday afternoon after a chaotic day which saw Finance Minister Chrystia Freeland resigning from her post hours before presenting the document. The […] Read more
China is top destination as crop exports boom
CGC inspects 12.2 million tonnes of exports in first quarter of current crop year, which is second largest in past 10 years
China remains the largest market for Canadian grains, oilseeds and pulses, according to recent monthly data from the Canadian Grain Commission. The total exports of the five major crops for the first quarter of the crop year totalled 3.39 million tonnes. This is slightly higher than the first quarter of the 2022-23 crop year but […] Read more
EU-South America trade deal faces headwinds
The agreement between the European Union and the Mercosur bloc is fiercely opposed by some EU countries and farmers
MONTEVIDEO/BRUSSELS, (Reuters) — The European Union and South America’s Mercosur bloc struck an agreement on a long-delayed free trade deal earlier this month. However, it now faces a tortuous battle for approval in Europe, where there is stiff opposition from France. After negotiations spanning over 20 years, and five years on from an initial deal, […] Read more
