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CBOT November 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Soybeans advance on hot, dry forecast

Corn overcomes pressure over Mexico spat

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Chicago | Reuters — Chicago Board of Trade soybean futures approached a two-week high on Thursday on concerns that hot, dry weather in forecasts could reduce the upcoming U.S. harvest. The U.S. has little room for crop losses due to unfavourable weather because the government already projects tight soybean supplies, analysts said. Some worries over […] Read more
File photo of a view near the Canadian end of the Ambassador Bridge, which connects Windsor and Detroit and is considered one of North America’s busiest trade routes. (Steven_Kriemadis/iStock/Getty Images)
General, Reuters

NAFTA meeting to skirt major disputes, U.S. trade rep says

Dairy, corn, energy issues to be discussed via separate channels

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Washington | Reuters — U.S. Trade Representative Katherine Tai’s meetings with North American trade partners Canada and Mexico this week will not delve deeply into major disputes over Mexico’s biotech corn and energy policies nor Canadian dairy access, a senior USTR official said on Wednesday. The annual meeting of the Canada-U.S.-Mexico Agreement (CUSMA) Free Trade […] Read more
Photo: File
Corn, Crops, Markets, Reuters

Mexican president moves to prioritize domestic corn for tortillas

Mexico is embroiled in a dispute with the U.S. over decree to limit use of GM corn

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Mexico City | Reuters — Mexico’s president announced on Monday he will sign an agreement this week with makers of the country’s food staple tortillas that ensures they only use non-genetically modified (GM) white corn while also setting new tariffs on imports of the grain. Tariffs on white corn imports from countries that do not […] Read more
File photo of a cornfield in Mexico. (Roberto Cabrera/iStock/Getty Images)
Corn, Crops

Canada gets in on U.S. trade challenge of Mexico’s GM corn ban

Canada to have third party role in CUSMA dispute consultations

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A U.S. challenge under the Canada-U.S.-Mexico free trade agreement (CUSMA), against Mexico’s planned ban on genetically modified corn, will now also have Canada at the table. Rob Stewart, Canada’s deputy minister for international trade, wrote Friday to U.S. and Mexican trade officials, formally announcing Canada’s intent to take part in the CUSMA dispute settlement consultations […] Read more
File photo of a cornfield in Mexico. (Roberto Cabrera/iStock/Getty Images)
Corn, Crops, Markets, Reuters

U.S. escalates dispute with Mexico over GM corn

Canada 'considering next steps'

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Mexico City | Reuters — The U.S. is escalating its conflict with Mexico over agriculture biotech measures, including the stance on genetically modified (GM) corn, by requesting dispute settlement consultations, senior officials of the U.S. Trade Representative’s office said on Friday. The North American neighbours are inching closer to a full-blown trade dispute under the […] Read more
Corn in progress just east of Blumenort, Man. on July 20, 2022. (Dave Bedard photo)
Corn, Crops, Reuters

After growing GM corn for decades, some U.S. farmers open to Mexican restrictions

Biden administration seeks to challenge ban

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Chicago | Reuters — Mexico has found unexpected allies as it tries to limit imports of genetically modified (GM) corn: some U.S. farmers who grow the crops. Farmers have for decades planted GM corn, which protects against insects and herbicides, with seeds sold by companies such as Bayer, Corteva and ChemChina’s Syngenta. But as believers […] Read more
Corn in progress just east of Blumenort, Man. on July 20, 2022. (Dave Bedard photo)
Corn, Crops, Reuters

Canada reported seeking formal talks with Mexico on GMO rule

U.S. already seeking similar talks

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Ottawa | Reuters — Canada has asked for formal consultations with Mexico over its restrictions on genetically modified (GM) agricultural imports under the North American free-trade agreement, Bloomberg News reported Wednesday, citing people familiar with the matter. Canada requested the talks on Tuesday, according to Bloomberg, a day after the U.S. requested formal trade consultations […] 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, Reuters

U.S. demands formal trade talks with Mexico over GMO corn dispute

U.S. says new rules a breach of CUSMA

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Chicago/Washington | Reuters — The United States requested formal trade consultations with Mexico on Monday over U.S. objections to its southern neighbour’s plans to limit imports of genetically modified corn and other agricultural biotechnology products. The U.S. Trade Representative’s office announced the request for technical talks after months of informal discussions with Mexican officials over […] Read more
(CBSA via YouTube)
General, Reuters

Ontario police charge seven with trafficking, exploiting migrants

Workers provided for farms and other sites, police say

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Toronto | Reuters — Ontario’s York Regional Police have charged seven people with trafficking and exploiting 64 Mexican migrants, saying the accused were part of an international labour trafficking ring operating in the Toronto region. Police in Ontario said on Friday they had obtained information in November that migrant men and women were being exploited […] Read more
File photo of a cornfield in Mexico. (Roberto Cabrera/iStock/Getty Images)
Corn, Crops, Markets, Reuters

Mexico opens door for GM corn in feed, industrial uses

U.S. 'disappointed' in Mexico's new decree

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Mexico City | Reuters — Mexico on Monday scrapped a deadline to ban genetically modified corn for animal feed and industrial use amid trade tensions with the United States — but retained plans to prohibit use of the GM grain for human consumption, as well as the herbicide glyphosate. The move, approved in a government […] Read more

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