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Crops, Lentils, Markets

Pulse weekly outlook: India looking for lentils, large Australian crop in play

India extends zero-rate tariff

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MarketsFarm — An extension of zero-rate tariffs on lentils moving into India for another year should be a clear sign that the country is in the market for imports. However, Canadian lentil sales to India face stiff competition, with a large Australian crop likely to limit movement going forward. India announced at the end of […] Read more
(Lauri Patterson/E+/Getty Images)
Dairy Cattle, Livestock, Markets, Reuters

U.S. seeks new dispute panel over Canadian dairy imports

Panel would be second on matter since CUSMA took effect

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Washington | Reuters — The United States on Tuesday said it was seeking a second trade dispute settlement panel over Canada’s dairy import quotas, charging that Canada was still not meeting obligations to open its market to U.S. producers. The U.S. Trade Representative’s office said it was challenging Canada’s revised tariff-rate quota (TRQ) allocations that […] Read more
(Photo courtesy Canada Beef Inc.)
Cereals, Corn, Crops, Markets

Feed weekly outlook: Corn imports still weigh on domestic feed market

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MarketsFarm — Ample corn imports from the U.S. continue to keep the western Canadian feed grain market under pressure, with barley bids in Lethbridge trending lower through the early days of 2023. “We started the year with cash barley trading at roughly $450 (per tonne) in Lethbridge, it’s since declined to roughly $435,” said Jim […] Read more
Barley. (Photo courtesy Canada Beef Inc.)
Cereals, Crops, Markets

Feed weekly outlook: Alberta barley bids steady heading into holidays

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MarketsFarm — The Lethbridge feed grain market is holding relatively steady heading into the holiday season, with ample imports of corn from the U.S. keeping a lid on prices. Reports out of Alberta’s feedlot alley peg the upper edge of delivered barley bids in the $430-$435 area, with feed wheat seeing similar prices. Feedlots are […] Read more
(Lauri Patterson/E+/Getty Images)
Dairy Cattle, Livestock, Markets

U.S. brings new Canadian dairy tariff rate quota complaint

'Additional aspects' of Canadian rules now at issue

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U.S. federal trade officials plan a whole other challenge of Canada’s allocations of tariff rate quotas (TRQs) on U.S. dairy imports — on top of a challenge they’re already seeking — saying they’ve now found Canada’s revised policies are problematic in new and different ways. Canada in May published revisions of its TRQ allocation policies […] Read more
File photo of a cornfield in Mexico. (Roberto Cabrera/iStock/Getty Images)
Corn, Crops, Reuters

Mexico says it aims for agreement with U.S. on GM corn in January

U.S. officials threatening action under CUSMA pact

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Mexico City | Reuters — Mexico and the United States aim to reach an agreement in January over a pending Mexican ban on imports of genetically modified (GM) corn, the Mexican foreign ministry said on Friday after officials from the two countries held talks in Washington. In a statement, the ministry said talks would continue […] Read more
(Photo courtesy Canada Beef Inc.)
Crops, Markets

Feed weekly outlook: Barley, wheat prices pull back

Truck shortage 'hasn't gotten any better'

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MarketsFarm — Prices for feed barley and wheat are coming down on the Prairies, said Susanne Leclerc of Market Master Ltd. in Edmonton — and a big part of that trend is the lack of demand for either commodity. “Buyers are fairly well covered. There seems to be a lack of desire for buyers to […] Read more
Around 20 per cent of Mexico’s corn imports from the U.S. are white corn, used to make food products such as tortillas. (Bhofack2/iStock/Getty Images)
Corn, Crops, Markets, Reuters

Mexico to rework decree on GM corn, economy minister says

GM corn, glyphosate bans now due to take effect in 2024

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Mexico City | Reuters — Mexico has offered to extend a deadline to ban genetically modified (GM) corn until 2025 and is working on a proposal to overhaul its plan, Economy Minister Raquel Buenrostro said on Wednesday. Buenrostro said President Andres Manuel Lopez Obrador had told the U.S. Mexico could delay the contentious GM corn […] Read more
(Photo courtesy Canada Beef Inc.)
Barley, Corn, Crops, Markets

Feed weekly outlook: Looming corn imports to keep lid on Prairie barley

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MarketsFarm — Large shipments of corn from the U.S., slated for delivery to Alberta’s feedlot alley, should keep domestic barley prices under pressure going forward, according to an analyst. “The barley price here will gradually decline,” said Errol Anderson of Pro Market Communications in Calgary, adding that up to 30 unit trains of U.S. corn […] Read more
Flags in front of the European Commission headquarters in Brussels. (Inakiantonana/E+/Getty Images)
Crops, Markets, Reuters, Weather

EU cuts estimate of drought-hit maize crop, raises import outlook

Commission cuts soft wheat exports, raises imports

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Paris | Reuters — The European Commission on Friday cut its estimate of this year’s drought-hit maize harvest in the European Union to a new 15-year low while again raising its projection for this season’s maize imports. European maize (corn) crops endured severe drought and several heatwaves during the crucial summer growth period. The Commission […] Read more

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