Hundreds of farmers from across Australia held a protest on Tuesday against government farming policies they said were influenced by environmental and animal welfare activists and which were harming their livelihoods.
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Australian farmers protest animal, environment policies they say harm them
Chinese tariffs not expected to stop canola flow
Anti-dumping investigation announcement had an immediate affect on prices, but market access not seen as major worry
China's shot across Canada's bow is splashing alarmingly close to U.S. farmers, who also felt the impact of China's announced anti-dumping investigation into Canadian canola as American elevator prices reflected the selloff.
Canadian canola ending stocks largest since 2020
Canadian canola ending stocks for 2023/24 were up significantly from the carryout the previous year, while revisions to the year-ago data saw wheat stocks tighten, according to the latest data from Statistics Canada released Sept. 9.
China begins anti-dumping probe into Canadian canola
China announced on Monday the start of a one-year anti-dumping investigation into imports of canola from Canada, just weeks before Ottawa's 100 per cent tariffs on Chinese-made electric vehicles and other products come into force.
Alberta harvest progressing rapidly
Warm temperatures and only minor rain delays allowed farmers in Alberta to make good harvest progress during the week ended Sept. 3, according to the latest provincial crop report. Total harvest progress for major crops came in at 31.5 per cent, which was up from 18.2 per cent the previous week and roughly double the […] Read more
Hail, strong winds damage Prairie crops
A series of storms left a path of destruction in all three Prairie provinces from Aug. 19 to 25. More than one million acres were either damaged or destroyed by the storms bringing hail and strong winds, leading to more than 2,800 claims of crop damage, according to the Canadian Crop Hail Association (CCHA). “This […] Read more
CBOT Weekly: Soybeans, corn off lows, sideways trade likely through harvest
Soybean, corn and wheat futures in the United States were all showing modest strength in early September, recovering off their August lows as speculators bought back previously sold positions. “We’re seeing a little bit of short covering in these markets and the contract lows, at least over the short term, may be in,” said Terry […] Read more
Bank of Canada cuts rate by 25 basis points
The Bank of Canada has made another 25 basis point cut to its benchmark interest rate.
Australian crop production estimates rising: ABARES
Australian wheat and barley production in 2024/25 is expected to be larger than earlier estimates and well above what was grown the previous crop year, according to updated estimates from the Australia’s agriculture department (ABARES). Wheat production was forecast at 31.8 million tonnes in the September ABARES report, which would be up by 2.7 million […] Read more
EV tariffs raise Chinese retaliation worries
The Canadian Agri-Food Trade Alliance is closely monitoring China’s response to a new round of Canadian tariffs. The fear is that China may respond with retaliatory tariffs or other trade-restricting measures applied to some Canadian agri-food exports.