Canada’s Foreign Minister Chrystia Freeland attends a bilateral meeting with China’s Foreign Minister Wang Yi on the sidelines of the ASEAN Foreign Ministers’ Meeting in Singapore, last month.  |  REUTERS/Feline Lim photo

ASEAN trade deal lurks in shadows

Two free trade agreements are garnering most of the headlines, but there is another, lesser known potential agreement that has piqued the interest of some Canadian farm groups. Canada is in the midst of contentious negotiations on a revised North American Free Trade Agreement (NAFTA) and has yet to ratify the Comprehensive and Progressive agreement […] Read more

U.S. Agriculture Secretary Sonny Perdue’s department recently announced $12 billion in farm aid to producers hurt by the country’s trade wars, mainly with China.  |  Michael Raine photo

Producers want farm aid response

Canadian farm groups are displeased with the subsidies being doled out to their American counterparts and plan to approach the federal government about getting some assistance of their own. The U.S. Department of Agriculture revealed details of its US$12 billion aid package last week. It is designed to help offset losses caused by trade wars. […] Read more

Foreign Minister Chrystia Freeland held a press conference Friday afternoon after NAFTA negotiations broke off without an agreement. Negotiations will resume Wednesday. Freeland said she will continue to work toward a deal that is beneficial for Canadians. | Screencap via

U.S. to move ahead with Mexico trade pact, keep talking to Canada

WASHINGTON/TORONTO (Reuters) – U.S. President Donald Trump notified Congress on Friday of his intent to sign a trade agreement with Mexico after talks with Canada broke up on Friday with no immediate deal to revamp the tri-nation North American Free Trade Agreement. U.S. Trade Representative Robert Lighthizer said U.S. officials would resume talks with their […] Read more

Canadian wheat growers could find themselves popular with international buyers this winter, as world wheat stocks hit lows not seen for a decade. | File photo

Wheat trade hoping for big export year

(CNS Canada) — Canadian wheat growers could find themselves popular with international buyers this winter, as world wheat stocks hit lows not seen for a decade. Marlene Boersch, managing partner at Mercantile Consulting Venture Inc., said the present 26-day wheat supply available to world markets, once China’s stockpiles are removed from the equation, should boost […] Read more

Jordan Van Hierden, who manages Green Prairie International’s equine and feed division for North America and the Middle East, says these 340-kilogram hay bales were destined for Saudi Arabia before that country’s current dispute with Canada erupted.  |  Barb Glen photo

Saudi spat hits forage exporters

Over the last five years, Jordan Van Hierden has developed business relationships in Saudi Arabia, with the goal of exporting more alfalfa, timothy hay and other forage products. Those efforts were wiped out in a matter of minutes in early August when the federal government issued a tweet criticizing Saudi Arabia’s policies on human rights. […] Read more

Saudi barley ban signals loss of high-value market

Of all the countries that import barley, China and Saudi Arabia are usually the top two in the world. Canada is moving large volumes of barley into China, but the other major market could be closed to Canadian barley for the rest of 2018 and possibly in 2019. A highly publicized diplomatic battle between Canada […] Read more

Turkey is now Canada's largest lentil customer with India largely out of the market and the purchasing power of the lira has been severely compromised. | Sean Pratt photo

Analyst fears far-reaching effects of lira crash

The collapse of the Turkish lira could be the beginning of another global economic meltdown that drives down commodity prices, says a commodity broker. “The Turkish situation is as serious as the Lehman Brothers of 2008,” said Errol Anderson, analyst with ProMarket Wire. “Anything that ginormous is going to affect trade.” The lira has lost […] Read more

A trailer is filled with soybeans at a farm in Buda, Illinois, last month.  American processors are doing a booming business as more beans stay in the country because of the trade war.  | REUTERS/Daniel Acker photo

Chinese soybean mills take brunt of trade war

As processors cut production, there are concerns that Beijing’s use of soybeans to hurt U.S. farmers may be backfiring

BEIJING/CHICAGO (Reuters) —Over the past few months, Chinese mills have bought every cargo of soybeans they can lay their hands on to prepare for Beijing’s imposition of hefty tariffs on U.S. imports. Now, at least 20 factories, including two of China’s largest, have cut or suspended output in the most widespread reductions in years, capitulating […] Read more

Green Prairie International, a supplier of forage products based in Lethbridge, has been developing relationships in Saudi Arabia's livestock market for about five years. | Screencap via

Saudi anger with Canada leaves forage exporter reeling

Jordan Van Hierden says the Canadian government’s spat with Saudi Arabia could cost him millions in lost forage sales. Green Prairie International, a supplier of forage products based in Lethbridge, has been developing relationships in Saudi Arabia’s livestock market for about five years. Van Hierden, who manages the company’s equine and feed division for North […] Read more

Study highlights Americans’ protectionist dairy policy

If you listen to U.S. President Donald Trump, the United States is a free-trading hero that is being abused by protectionist “freeloaders” like Canada. Especially with Canadian restrictions on dairy imports, the U.S. president has presented an image of fair-trading American dairy farmers being taken advantage of by outrageous Canadian rules to protect that country’s […] Read more