Canada aims to establish duty-free access for up to 95 per cent of its exports to Indonesia over the next eight to 12 months, International Trade Minister Maninder Sidhu said, after signing a trade agreement with one of Southeast Asia’s biggest markets and a major importer of Canadian wheat.
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Wheat markets are under duress
The U.S. is making deals that undermine Canadian wheat exports to key customers
Two of Canada’s top wheat buyers have agreed to significantly ramp up their purchases from the United States.
Federal agriculture minister to visit Indo-Pacific to talk trade
Federal agriculture minister Heath MacDonald is headed to Singapore, Indonesia and the Philippines to promote Canadian agricultural trade interests.
Indonesia steps up wheat imports amid drought
The country’s wheat imports are expected to climb 10 percent from a year ago as drought slashes feedgrain supplies
SINGAPORE/JAKARTA, Indonesia (Reuters) — Indonesian grain buyers are boosting imports of lower quality wheat as a decline in corn output last year following a severe drought linked to an El Nino weather pattern tightened the country’s animal feed supplies. Wheat exports into Indonesia, the world’s third biggest buyer of the grain, are likely to climb […] Read more
China, Indonesia to remain top wheat buyers
Canada’s top two wheat customers are expected to be major buyers again in 2023-24. The U.S. Department of Agriculture is forecasting China will import 11 million tonnes of the commodity from all suppliers. That would be a drop from last year’s massive 13.28 million tonne program but well above the five-year average of 6.5. million […] Read more
