The Bank of Canada held its key policy rate at 2.75 per cent for the third time in a row on Wednesday, as expected, and said the risk of a severe and escalating global trade war had diminished.
News
Bank of Canada holds rates steady and says global trade war risk has eased
Canada says Australia has re-opened market access for beef and beef products
Australia has lifted a 22-year-old ban on the import of Canadian beef and beef products, the Canadian Food Inspection Agency said in a statement on Tuesday.
China’s soymeal glut raises demand doubts ahead of US soybean export season
China's appetite for soybeans is likely to weaken during the peak U.S. marketing season later this year, as record imports earlier in 2025 and tepid demand from animal feed producers have pushed up soymeal inventories at home, trade sources said.
Potash miner K+S reports Q2 core profit miss, confirms 2025 guidance
German potash and salt miner K+S, which has a site at Bethune, Saskatchewan, on Tuesday reported second-quarter core profit below expectations but reaffirmed its 2025 guidance.
U.S. complaints about protectionist Canadian dairy policy hypocritical, report argues
American, Canadian dairy sectors employ similar protectionist tactics says Mussell
Despite criticisms of Canadian dairy policy, the American dairy industry has many of the same protectionist tendencies Canada does, writes Al Mussell in a new policy paper.
Dryness reduces Australian wheat output says USDA attaché
Less area to harvest, reduced yields
With dry conditions in Australia’s southern production regions, the United States Department of Agriculture attaché in Canberra projected reduced wheat production for 2025/26. The attaché wrote in their report released on July 28 that Western Australia, South Australia and Victoria had low soil moisture levels going into wheat planting and there was below-average autumn rains.
Federal agriculture minister to visit Indo-Pacific to talk trade
Federal agriculture minister Heath MacDonald is headed to Singapore, Indonesia and the Philippines to promote Canadian agricultural trade interests.
B.C. farmers to receive increased AgriStability supports
Government sites extreme weather, trade concerns for increased funding
B.C. farmers to receive bump in AgriStability compensations due to weather concerns, international trade instability
USDA attaché sees Canadian wheat production holding firm
Drought, trade issues to watch
All wheat production in Canada is to remain relatively steady in 2025/26 said the United States Department of Agriculture attaché in Ottawa. In the report released on July 28, they forecast 35.15 million tonnes compared to 34.96 million in 2024/25.
Canadian crop outlook has improved since January says FCC
Canadian farmers' overall new crop outlook has improved since the beginning of the year, says Farm Credit Canada.
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