(File photo)

Australia to appeal at WTO over China’s barley tariffs

China in May imposed tariffs totalling 80.5 per cent

Sydney | Reuters — Australia will launch a formal appeal to the World Trade Organization (WTO) later on Wednesday seeking a review of China’s decision to impose hefty tariffs on imports of Australian barley, Minister for Trade Simon Birmingham said. Acknowledging the appeal may take years to be resolved, Birmingham told reporters Australia would also […] Read more


U.S. grains: Wheat slides on Russian export tax details

CBOT soybean, corn futures firm

Chicago | Reuters — U.S. wheat futures dropped 2.9 per cent on Monday, their biggest daily sell-off in two weeks, with traders saying that Russia’s export tax plan was bearish for prices in the short term. Soybean futures were firm, supported by a rising forecast for imports by top global producer Brazil, while corn edged […] Read more

Barley. (Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Prairie prices remain strong

Exports, domestic use both up on year

MarketsFarm — Feed grain prices in Western Canada held steady during the first week of December as solid export demand from China continues to underpin the domestic feed market. “Demand has backed off a little bit for December. We’ve seen a flattening [of prices], but I think that’s just a step back for now,” said […] Read more



CBOT March 2021 wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Futures rebound on short covering, pre-report positioning

Wheat bounces from two-month low

Chicago | Reuters — U.S. soybean and grain futures firmed on Wednesday in a short-covering rebound from prior session losses and as investors took positions ahead of a monthly U.S. Department of Agriculture (USDA) supply and demand report on Thursday. Wheat, which hit a two-month low this week, posted the strongest advance, while improving crop […] Read more


CME February 2021 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Short covering, bargain buying lift cattle, hog futures

Meat prices, cash values temper gains

Chicago | Reuters — U.S. live cattle futures firmed on Wednesday in a short-covering and bargain-buying bounce following four straight losing sessions that had dragged prices to 2-1/2-week lows. Lean hog futures also firmed on short covering and bargain buying, though livestock traders remained generally cautious as they monitor broadening coronavirus restrictions and pandemic relief […] Read more

U.S. Trade Representative Robert Lighthizer walks toward reporters ahead of a meeting with his Canadian and Mexican counterparts to discuss talks on modernizing the NAFTA trade deal, in Washington, D.C. on May 11, 2018. (Photo: Reuters/David Ljunggren)

U.S. throws down CUSMA challenge on Canada’s dairy import limits

Filing challenges Canadian tariff rate quota reserved for processors

Five months and counting since the Canada-U.S.-Mexico Agreement came into force, the U.S. government has launched a CUSMA challenge of how Canada applies tariff exemptions on dairy imports. U.S. Trade Representative (USTR) Robert Lighthizer said Wednesday he has served Canadian Trade Minister Mary Ng with written notice that the U.S. is “exercising its rights to […] Read more


CBOT January 2021 soybeans with Bollinger (20,2) bands. (Barchart)

U.S. grains: Soybeans sink on South American rains, slowing demand

Wheat pressured by bumper crops in Australia, Canada

Chicago | Reuters — U.S. soybean futures fell for a third straight session on Tuesday on slowing export demand and as forecasts for more rain in South American crop areas tempered concerns about tightening supplies. Corn and wheat followed soybeans lower, pressured by improved South American crop prospects and a firmer U.S. dollar. Grain prices […] Read more

(PortOfHalifax.ca)

Grain, oilseed exports well ahead of year-ago

Chinese demand up substantially for Canada's crops

MarketsFarm — Canadian grain exports continue to run at a very solid pace, with canola, wheat and barley movement-to-date all up substantially on the year. Total exports of Canada’s major grains and oilseeds as of Nov. 29 came in at 18.9 million tonnes, according to Canadian Grain Commission (CGC) data. That’s up by nearly five […] Read more