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Daily Network News

  • Statements from the U.S. and Iran left uncertainty over how quickly shipping could resume. Photo: Getty Images Plus

    Iran says Strait of Hormuz open as Trump sees deal ‘soon’ to end war

    8 hours ago
  • MP David Bexte speaks with reporters about Bill C-273 in Ottawa on April 15. He is surrounded by supporters. Photo: Jonah Grignon

    Agriculture groups welcome seed, fertilizer approval bill

    8 hours ago
  • AAFC projects tighter canola stocks for 2026-27

    9 hours ago
More News →

Daily news

(SmithfieldFoods.com)
News, Reuters

Smithfield Foods targets up to $10.7 billion valuation in US IPO

By Reuters January 21, 2025
Smithfield Foods is targeting a valuation of up to $10.73 billion (C$15.41 billion) in its U.S. initial public offering, the packing giant said on Tuesday, moving closer to its much-anticipated stock market return in the country after more than a decade.

Photo: Canada Beef Inc.
Livestock, Markets

Klassen: Increased feeder cattle selling caps upside momentum

By Jerry Klassen January 21, 2025
There was a surge in farmer selling across Western Canada last week. Sales volumes were larger than normal at many auction barns.  The fear that President Trump would implement a tariff on feeder cattle ignited fears that that market would drop sharply.  


U.S. President-elect Donald Trump is sworn-in as the 47th president of the United States by Chief Justice John Roberts as Melania Trump holds the Bible on the inauguration day of his second Presidential term in Washington, U.S. January 20, 2025. Julia Demaree Nikhinson/Pool via REUTERS
News

Trump says tariffs planned for Feb. 1; Trudeau says everything on the table for response

By Jonah Grignon January 21, 2025
After making no move to impose tariffs against Canada on his first day in office, U.S. President Donald Trump has signalled his intention to bring the promised economic measures into effect at the start of February.

Photo: REUTERS/Quinn Glabicki
News

No immediate tariffs means more time to engage, prepare say ag, food leaders

By Jonah Grignon January 20, 2025
No immediately-imposed tariffs means more time to engage with American officials on the importance of free trade and to prepare for future negotiations say agriculture industry groups say.


Photo: Allan Dawson/File
Barley, Canola, Cereals, Corn, Crops, News, Oats, Pulses, Soybeans, Spring Wheat

AAFC forecasts more Canadian wheat acres, less canola in 2025

By Phil Franz-Warkentin January 20, 2025
Canadian farmers will plant more wheat and coarse grains in 2025 at the expense of oilseeds, according to the first supply/demand projections for the 2025/26 marketing year from Agriculture and Agri-Food Canada, released Jan. 20.

Photo: gomezdavid/iStock/Getty Images
News

Employers of temporary foreign workers got more fines, bans in 2024

By Geralyn Wichers January 20, 2025
Employment and Social Development Canada handed out $2.1 million in financial penalties to employers of temporary foreign workers (TFWs) between April and September 2024. This was more than double the fines given in the same period of 2023, according to a federal news release.


U.S. President-elect Donald Trump is sworn-in as the 47th president of the United States by Chief Justice John Roberts as Melania Trump holds the Bible on the inauguration day of his second Presidential term in Washington, U.S. January 20, 2025. Julia Demaree Nikhinson/Pool via REUTERS
News, Reuters

No day-one tariffs coming from Trump, but trade overhaul planned, official says

By Andrea Shalal, David Lawder, Steve Holland January 20, 2025
President Donald Trump will issue a broad trade memo on Monday that stops short of imposing new tariffs on his first day in office but directs federal agencies to evaluate U.S. trade relationships with China, Canada and Mexico, a Trump administration official said.

U.S. President-elect Donald Trump has said he will sign an executive order imposing 25 per cent tariffs on Canadian and Mexican products on his first day in office. Brandon Bell/Pool Via Reuters
News

Trump won’t impose tariffs immediately, reports suggest

By Jonah Grignon January 20, 2025
U.S. president-elect Donald Trump will not impose threatened tariffs on Canadian goods immediately, according to several U.S. reports.  The news came within hours of Trump being sworn in as 47th President of the United States.


Livestock, News, Reuters

US and Canada ease ban on French poultry imposed after bird flu vaccination

By Reuters January 20, 2025
The United States and Canada have lifted embargoes on certain French poultry imports imposed after Paris decided to vaccinate ducks against bird flu in October 2023, the French agriculture ministry said on Monday.

Photo: iStock/Getty Images
Markets, News, Reuters

China’s Dec imports of Canadian canola decline

Anti-dumping probe more likely to affect 2025/26 exports, FCC says

By Mei Mei Chu, Reuters January 20, 2025
China's imports of Canadian canola, which had been surging since June, plunged in December after Beijing opened an anti-dumping investigation into the oilseed, Chinese customs data showed on Monday.


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