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(FIle photo by Allan Dawson)
Crops, Markets, Reuters

U.S. grains: Soy, corn fall on crop prospects, trade fears

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Chicago | Reuters — U.S. soybean and corn futures closed lower Thursday on improving South American crop prospects and jitters about U.S. trade relationships, analysts said. Wheat futures rose on better-than-expected weekly U.S. export sales. Chicago Board of Trade soybeans for March delivery settled down 5-3/4 cents at $10.49-1/2 per bushel and March corn ended […] Read more
(Photo courtesy Canada Beef Inc.)
General, Reuters

Canada not seen as U.S. target in NAFTA talks

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Calgary | Reuters — Canada has a “very special status” and is unlikely to be hit hard by changes the U.S. wants to make to the NAFTA trade accord, the head of a business advisory council to U.S. President Donald Trump said on Monday. Stephen Schwarzman made his remarks after addressing Canadian Prime Minister Justin […] Read more
(British Columbia Wine Institute photo)
Crops, Grapes, Reuters

B.C. to defend wine industry against U.S. trade action

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Vancouver | Reuters — The British Columbia government said Wednesday it would defend its wine industry against a trade challenge from the U.S., and was confident it was not breaking any international trade rules. Earlier Wednesday, the U.S. said it started action against Canada at the World Trade Organization, accusing B.C. of discriminating against U.S. […] Read more
Trade Minister Chrystia Freeland, shown here at the Prospectors and Developers Association of Canada conference in March. Global Affairs Canada via YouTube)
General, Reuters

Trudeau to shuffle Dion out of foreign affairs

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Ottawa | Reuters –– Canadian Prime Minister Justin Trudeau will shuffle his cabinet this week and is set to move Foreign Minister Stephane Dion, who ran into political trouble last year, a person with knowledge of the matter said on Monday. “Dion is out,” said the person, who requested anonymity because of the sensitivity of […] Read more
donald trump and beef cuts
Livestock, Markets, Prime cuts

Trump threatens NAFTA and more

Prime Cuts with Steve Kay, from the December 2016 issue of Canadian Cattlemen

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The integration of North America’s cattle/beef sector is one of the outstanding success stories of the North American Free Trade Agreement (NAFTA), which took effect at the start of 1994. The sectors in all three countries have thrived under NAFTA, with all classes of cattle entering the U.S. and beef flowing in all directions. Trade […] Read more
A U.S. Customs and Border Protection agent monitors the Canada/U.S. border near Sweet Grass, Montana, about 100 km southeast of Lethbridge. (CBP.gov)
Beef Cattle, Livestock

Guenther: Canada’s beef export sector waiting, watching

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As speculation swirls around U.S. President-elect Donald Trump’s promise to renegotiate NAFTA, officials with Canada’s beef industry are taking a measured approach. They’re not ignoring the possibility of trade disruptions in the U.S., said Ryder Lee, CEO of the Saskatchewan Cattlemen’s Association — “but neither are we lighting our hair on fire yet at each […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Reuters

Cattle producers urge trade fight if Trump revives COOL

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Winnipeg | Reuters — Canadian cattle producers will urge Ottawa to retaliate against the U.S. if the incoming Trump administration imposes a meat labelling program it views as discriminatory, restarting a six-year trade battle, an industry group said on Wednesday. U.S. news network CNN reported on Tuesday that a memo drafted by President-elect Donald Trump’s […] Read more
President-elect Donald J. Trump won the electoral vote in the U.S. presidential election held on Nov. 8, 2016. Photo: Wikimedia Commons
General, Markets

World continues to digest Trump win

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As the world continues to digest Donald Trump’s surprise win in the U.S. presidential election, in many ways it seems to be business as usual. After see-sawing at the open, North American equity markets logged surprisingly strong gains after most market participants were said to have priced in a Hillary Clinton victory. The U.S. dollar […] Read more

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