Mexico Archives - Page 8 of 24

CBOT November 2021 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)

U.S. grains: Soybean futures extend losing streak

CBOT wheat firm, corn weak

By Mark Weinraub, GFM Network News October 4, 2021

Chicago | Reuters — U.S. soybean futures fell for the third session in a row on Monday, sinking to their lowest in 9-1/2 months on continued pressure from a government report that showed domestic supplies were bigger than expected. Wheat firmed to its highest since mid-August on technical buying. Corn futures ended slightly lower after […] Read more

A canola crop in the RM of Fletts Springs, just northwest of the RM of Pleasantdale, in 2019.

Canola, Crops, Markets, Reuters

Canada’s drought forces canola importers to turn elsewhere

'Importers...are going to be left out in the cold'

By Rod Nickel, GFM Network News October 4, 2021

Winnipeg | Reuters — Canada’s smallest canola harvest in 13 years, resulting from severe drought, is forcing importers like Japan and Mexico to pay more or scour other countries for the yellow-flowering oilseed. With the scant available Canadian canola fetching high prices, customers of the world’s biggest canola exporter are leaning more heavily on smaller-producing […] Read more

Crops, Machinery

CP, Kansas City lock in new deal as CN steps out

More efficient flow of grain, perishables, machinery parts touted

By Dave Bedard, GFM Network News September 15, 2021

Canadian Pacific Railway and U.S. railway Kansas City Southern on Wednesday again formalized their engagement after competing suitor Canadian National Railway walked away from the table. CP and KCS, which reported “unanimous” support from both companies’ boards, have entered a merger agreement committing CP to pay about $31 billion in cash and stock, or about […] Read more

General, Reuters

U.S. extends travel curbs at Canada, Mexico land borders

By GFM Network News August 20, 2021

Washington | Reuters –– The United States on Friday extended the closure of its land borders with Canada and Mexico to non-essential travel such as tourism through Sept. 21 despite Ottawa’s decision to open its border to vaccinated Americans. The latest 30-day extension by the Department of Homeland Security (DHS) came after Canada said in […] Read more

A Kansas City Southern (KCS) rail car at Toluca, Mexico on Oct. 1, 2018. (File photo: Reuters)/Edgard Garrido)

Crops

U.S. railway’s board sticks with CN’s bid

Kansas City Southern board spurns sweetened CP bid

By Dave Bedard, GFM Network News August 19, 2021

The board of directors for a U.S. railway facing takeover bids from each of Canada’s big two railways is sticking with Canadian National Railway’s (CN) proposal. The board for Kansas City Southern (KCS), in a release Aug. 12, said it unanimously agrees an upgraded Aug. 10 cash-and-stock bid from Canadian Pacific Railway (CP) “does not […] Read more

Crops, Reuters

Mexican judge rejects industry bid to halt GMO corn, glyphosate ban

Farm council warns of lost productivity

By GFM Network News May 25, 2021

Mexico City | Reuters — A Mexican federal judge ruled against a request by the National Farm Council to freeze a government plan to ban genetically modified (GMO) corn and the widely used herbicide glyphosate by 2024, the national science council said on Monday. Judge Martin Adolfo Santos Perez’s ruling allows the executive order issued […] Read more

A cornfield in Mexico’s Chihuahua state. (Undefined undefined/iStock/Getty Images)

Corn, Crops, Reuters

Mexico’s ban on GMO corn imports won’t apply to feed, U.S. says

By Tom Polansek, GFM Network News March 27, 2021

Chicago | Reuters — U.S. Agriculture Secretary Tom Vilsack said on Friday that a Mexican plan to ban imports of genetically modified (GMO) corn would apply to grain used for human food products, not livestock feed, based on recent talks he had with Mexican Agriculture Secretary Victor Villalobos Arambula. Vilsack said limiting the ban to […] Read more

U.S. Trade Representative Katherine Tai is sworn in at the White House on March 18, 2021. (Photo: Reuters/Tom Brenner)

General, Markets, Reuters

New U.S. trade chief Tai focused on CUSMA, China ties in calls

New trade deals on hold for now, White House says

By GFM Network News March 23, 2021

Washington | Reuters — New U.S. Trade Representative Katherine Tai mapped out her priorities and Washington’s desire to rebuild alliances in initial calls on Monday with her counterparts from Canada, Britain and the European Union. Tai, sworn in Thursday as President Joe Biden’s top trade negotiator, emphasized climate change, racial equity and the need to […] Read more

Crops, Machinery, Reuters

Canadian Pacific to buy Kansas City Southern in bet on trade

Biggest North American rail deal ever valued at US$25 billion

By GFM Network News March 22, 2021

Reuters — Canadian Pacific Railway (CP) agreed on Sunday to acquire Kansas City Southern in a US$25 billion cash-and-stock deal to create the first railway spanning the United States, Mexico and Canada, standing to benefit from a pickup in trade. It would be the largest ever combination of North American railways by transaction value. It […] Read more

Corn, Crops, Reuters

Mexico farm lobby blasts ban on GMO corn

Country's organic growers welcome ban

By GFM Network News January 4, 2021

Monterrey, Mexico | Reuters — Mexico’s main agricultural lobby on Saturday criticized the government’s decision to ban genetically modified corn, while organic growers hailed the move that should protect smaller farmers. Mexico will “revoke and refrain from granting permits for the release of genetically modified corn seeds into the environment,” stated a decree issued Thursday […] Read more

U.S. livestock: Live cattle drop as beef prices, packer margins erode

CBOT Weekly: Soybean, wheat futures come down

Masterfeeds to enter new ADM/Alltech feed joint venture

GFM Network News