Old crop canola futures spiked on April 24, which put the oilseed’s July contract in a good position to climb above C$700 per tonne.
Tag Archives USDA — page 3

Canola market in an enviable position
Canola exports surpass projected amount as prices near $700 a tonne mark

U.S. Department of Agriculture slams door on diversity
Ag Canada committed to Gender Based Analysis
The department will prioritize meritocracy and colour-blind policies, a recent memo said, adding that the previous administration had lost sight of the USDA’s mandate to ensure that Americans have sufficient food.

USDA wins milk case
REUTERS — The U.S. Department of Agriculture has won the dismissal of a lawsuit by a student who said her First Amendment rights were violated because she could not freely criticize the consumption of cow’s milk at her high school, including through the National School Lunch Program. U.S. District Judge Fernando Olguin in Los Angeles […] Read more

Chinese trade tensions worry U.S. agriculture
SASKATOON — There is plenty of handwringing in the U.S. agriculture sector about its tenuous trade relationship with China. That was the theme of a recent webinar hosted by the Council on Food, Agricultural and Resource Economics. Related stories: • New trade war would slash U.S. exports: report • China threat on canola unpalatable, not […] Read more

Bakers brace for costly Christmas as butter prices surge
The global market for butter has skyrocketed as low prices and high feed costs discourage dairy farmers around the world
PARIS, France — Global butter prices have rocketed in recent months, trading at record highs across Europe in bad news for bakers and pastry makers as they prepare for Christmas celebrations and already face high chocolate and sugar costs. Strong demand for butter, tight stocks and dairy processors’ preference to use more milk for the […] Read more
China buys fewer peas
SASKATOON — Pea imports are way down so far this year in one of Canada’s top markets. China bought 657,000 tonnes of the crop during the first half of the calendar year, which was 22 per cent below the same time a year ago, according to a new report by the U.S. Department of Agriculture’s […] Read more

Glyphosate: from star to supporting cast member
WINNIPEG — In the 1970s and early 1980s, Jack Nicholson was a major star in Hollywood. He was the leading man in iconic movies such as The Shining, Chinatown and One Flew Over the Cuckoo’s Nest. Nicholson was still acting in the 1990s and 2000s, but he had more success as a supporting actor — […] Read more

U.S. farm income to fall again
CHICAGO, Ill. (Reuters) — U.S. farm income will fall for a second consecutive year in 2024 but not as much as previously expected as prices of livestock and egg products boom and production expenses ease, the U.S. Department of Agriculture says. Declining farm income could ripple across the rural economy in a presidential election year […] Read more

Lawmakers urged to pass U.S. farm bill
REUTERS — More than 300 U.S. farm and commodity groups urged Congress in a letter last week to pass a long-delayed farm spending bill before the end of the year as farmers face a projected decline in income. The farm bill, an omnibus package passed every five years, funds farm commodity and subsidy programs, as […] Read more

Chinese-made agriculture drones labelled security risk
U.S. lawmakers ask U.S. Department of Agriculture and Cybersecurity and Infrastructure Security Agency to take action
WASHINGTON, D.C. (Reuters) — A dozen Republican U.S. lawmakers have urged president Joe Biden’s administration to address the use of Chinese-manufactured agriculture drones, saying their use on American farms poses national security risks. The House members, including Representatives Elise Stefanik, Ashley Hinson and John Moolenaar, who chairs a select committee on China, wrote letters to […] Read more