The Bank of Canada said on Tuesday that if U.S. President-elect Donald Trump follows through on his threat of tariffs on Canada, it would have an impact on both economies and the central bank would incorporate those into its economic forecasts.
Bank of Canada says Trump’s proposed tariffs would impact both economies
Rains swell Mississippi River, US soy exports flow at 4-year high
Exporters have shipped soybeans from the busiest U.S. grains port at the fastest rate in nearly four years after rain raised water levels in the Mississippi River, government data showed.
Australia, EU canola prices rally as adverse weather crushes supply
Canadian prices will have to rise to ration demand, analyst says
Canola oilseed prices in Australia and Europe have risen by around 20 per cent since the start of March due to tight supply and a rally in vegetable oil markets, with further gains expected as buyers remain reluctant to switch to cheaper soybeans.
U.S. grains: Wheat down as supply pressure mounts, conflict worries fade
Chicago wheat futures fell on Monday as ample supplies pressured prices, with worry receding that an intensified conflict between Russia and Ukraine could threaten Black Sea export shipments.
U.S. livestock: Feeder cattle futures spike on news of screwworm outbreak in Mexican cattle
Chicago Mercantile Exchange feeder cattle futures shot to their highest point since July on Monday as a screwworm outbreak in Mexican cattle shut down feeder cattle exports from Mexico to the U.S. and propelled futures higher, analysts said.
Canada agriculture minister says beef, dairy in focus with Trump
Bilateral beef trade and Canada's dairy supply management system are top trade issues Canadian Agriculture Minister Lawrence MacAulay is prepared to confront with the incoming Trump administration, he said on Monday.
US suspends Mexican cattle imports after New World screwworm case
The United States has temporarily paused imports of Mexican cattle after a case of New World screwworm (NWS) was identified at the lakeside town of Catazaja in southern Chiapas state, the Mexican government said on Sunday.
US farm groups want Trump to spare their workers from deportation
U.S. farm industry groups want President-elect Donald Trump to spare their sector from his promise of mass deportations, which could upend a food supply chain heavily dependent on immigrants in the United States illegally.
Unifor’s Canadian National Railway members vote for strike authorization
Unifor said on Monday its members at Canadian National Railway have authorized a strike action at the railroad if the parties fail to reach an agreement by Jan. 1.
Trump picks Brooke Rollins to be agriculture secretary
U.S. President-elect Donald Trump has chosen Brooke Rollins, president of the America First Policy Institute, to be agriculture secretary.