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Kansas City July 2019 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: CBOT wheat rallies on weather

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Chicago | Reuters — U.S. wheat futures rallied on Monday on concerns about harvest risks as more heavy rain was forecast in some U.S. grain belts and warm, dry weather was expected in top wheat exporter Russia. Meanwhile, corn and soybean futures traded choppily as the markets digested a threat of U.S. tariffs against Mexico, […] Read more
U.S. grains: Trump tariff threat pushes corn, soy, wheat lower
Crops, Markets, Reuters

U.S. grains: Trump tariff threat pushes corn, soy, wheat lower

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Chicago | Reuters — U.S. corn, wheat and soybean futures fell on Friday, weighed down by fresh concerns about demand after U.S. President Donald Trump threatened to place tariffs on imports of goods from Mexico in response to illegal immigration across the U.S. border. All three commodities also faced pressure from profit-taking after posting big […] Read more
(Canada Border Services Agency video screengrab)
General, Markets, Reuters

Mexico, Canada plow ahead on trade pact ratification despite Trump threats

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Mexico City/Ottawa | Reuters — Mexico and Canada said on Friday they would proceed with plans to ratify a new continental trade pact despite a new threat from U.S. President Donald Trump that critics say could undermine chances of the treaty coming into force. Trump, whose administration has made passing the United States-Mexico-Canada (USMCA) free […] Read more
A Mexican port-of-entry sign on Highway 92 near Naco, Arizona. (Rex_Wholster/iStock/Getty Images)
Crops, Markets, Reuters

Target Trump’s base if trade spat worsens, Mexican farm lobby says

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Mexico City | Reuters — The Mexican government should target agricultural goods produced in states that have voted for U.S. President Donald Trump’s Republican Party if the trade conflict between the two neighbours worsens, the head of Mexico’s main farm lobby said on Friday. Bosco de la Vega, head of Mexico’s national farm council CNA, […] Read more
Prime Minister Justin Trudeau meets with steel workers at Stelco in Hamilton on March 13, 2018. (File photo: Reuters/Mark Blinch)
General, Machinery, Markets, Reuters

U.S. boosts trade pact’s outlook lifting tariffs on Canadian, Mexican metals

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Washington/Ottawa | Reuters — The United States struck deals on Friday to lift tariffs on steel and aluminum imports from Canada and Mexico, the three governments said, removing a major obstacle to legislative approval of a new North American trade pact. The separate agreements, which will not impose U.S. quotas on Canadian and Mexican metals […] Read more
A Mexican port-of-entry sign on Highway 92 near Naco, Arizona. (Rex_Wholster/iStock/Getty Images)
Crops, Markets, Reuters

New Mexican duties against U.S. ready soon, minister says

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Toronto | Reuters — Mexico is finalizing duties to impose on new U.S. products in retaliation for the Trump administration’s steel and aluminum tariffs and details should be available soon, Economy Minister Graciela Marquez said on Tuesday. Mexico and Canada have both imposed retaliatory measures on billions of dollars of U.S. goods. Mexico said in […] Read more
(Scott Bauer photo courtesy ARS/USDA)
Crops, Fruit/Vegetables, Reuters

U.S. to levy tariff on imported Mexican tomatoes in trade spat

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Washington | Reuters — The U.S. Commerce Department said on Tuesday it will begin imposing a 17.5 per cent tariff on imported Mexican tomatoes, but said it is optimistic that a deal can be reached to extend a 2013 agreement that suspended a U.S. anti-dumping investigation. “The Department of Commerce remains committed to ensuring that […] Read more

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