The economic impact of tariffs could be immense, given the highly connected nature of Canada, United States and Mexico
Glacier FarmMedia – Cattle producers throughout North America have been holding their breath since President Donald Trump began his second term in office. They are hoping he will not go ahead with his threat to impose 25 per cent tariffs on all goods from Canada and Mexico, an additional 10 per cent tariff on all […] Read moreNews
Interswitiching pilot expiry concerns industry
Grain Growers of Canada worries there will be little opportunity to extend it now that Parliament has been prorogued
Glacier FarmMedia – Canada’s extended interswitching pilot is running out of track, and Grain Growers of Canada worries that letting the program expire will create significant disruption for the smooth flow of grain. The program, which opens up rival rail routes for shippers under certain conditions, has been in place since 2023 and is set […] Read more
VIDEO – Manitoba Ag Days: ‘Political manipulations’ hold back canola – analyst
BRANDON — If global politics, tariffs and uncertainty were magically removed from the market, canola prices in Canada would likely be $1.50 per bushel higher, says a veteran markets analyst. The supply and demand fundamentals for canola are supportive of price this winter, but Canadian farmers are facing a situation where geopolitics are dominant and […] Read more
Analysts believe American tariffs are inevitable
REGINA — Canada’s livestock sectors have been anxious about the prospect of tariffs since Donald Trump won the American election in November. Dennis Laycraft, executive vice-president at the Canadian Cattle Association, said without knowing exactly what is coming, the organization could analyze the threatened tariffs only so much. “They could announce tariffs that come into […] Read more
Tariff threat already disrupting ag trade
WINNIPEG — In 2023, Canada shipped $8.6 billion worth of canola products to the United States. The vast majority of that was canola oil and meal, which was valued at $8.3 billion. However, those exports were disrupted in the first couple of weeks of January as canola crushers on the Prairies waited on the possibility […] Read more
Politicians promise united front to fight American tariffs
Federal and provincial governments are presenting a united front to make sure threatened U.S. tariffs don’t go forward, according to prime minister Justin Trudeau. The tariffs proposed by U.S. president Donald Trump have left many Canadian producers worried and uncertain about the economic fallout. “We have made it very clear that everything is on the […] Read more
Feds approval of Bunge-Viterra merger frustrates farmers
Bunge will be required to divest of six grain elevators in Western Canada and invest at least $520 million in Canada
Glacier FarmMedia – Following the approval of Bunge’s acquisition of Viterra on Jan. 14, stakeholders made their voices heard in a wave of reactions to the controversial merger. The acquisition of Regina-based Viterra by global agribusiness and food company Bunge has been in the works for some time, and the move has been met with […] Read more
Threat of tariffs has beef producers in sell mode
Cattle auctions deal with big sale volumes ahead of Trump inauguration as ranchers respond to trade uncertainty
The threat of sweeping tariffs has weighed heavy over Canadian industries since the U.S. election, and the cattle industry is no exception. With President Donald Trump’s inauguration planned for Jan. 20, beef producers across Canada were in sell mode last week before any potential tariffs affected the market. Follow all our coverage of the tariffs […] Read more
FMD case in Germany shuts borders
REGINA — Canada has closed its border to some German products after a Jan. 10 outbreak of foot-and-mouth disease in water buffalo. Leigh Rosengren, the Canadian Cattle Association’s chief veterinary officer, said the case was found in a small backyard flock of 14 water buffalo just outside Berlin. Three head were dead, and testing determined […] Read more
Manitoba Ag Days: Loonie above 70 cents? Not anytime soon, says Farm Credit Canada
BRANDON — On Jan. 8, a Bank of America analyst said the U.S. dollar had “reached a historically extreme value.” That analysis didn’t rattle investors or confidence in the dollar. From Jan. 9-13, the U.S. dollar jumped in value when compared to a basket of global currencies. The might of the dollar over the last […] Read more
