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Crops, Reuters

U.S. Supreme Court agrees to hear biofuel waiver case

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Reuters — The U.S. Supreme Court on Friday agreed to review a lower court ruling that severely limited the government’s powers to exempt small refineries from the nation’s biofuels law, rekindling a long-running dispute between the oil and corn industries. The decision came after appeals by refining companies that argued the 10th Circuit Court’s decision […] Read more
A guest looks at their corn cob-themed tie signed by U.S. President Donald Trump during a signing ceremony for the Canada-U.S.-Mexico Agreement (CUSMA) on the South Lawn of the White House in Washington on Jan. 29, 2020. (Photo: Reuters/Leah Millis)
Crops, Markets, Reuters

Trump’s payments to farmers hit all-time high ahead of election

Canadian growers seek level playing field

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Chicago | Reuters — U.S. President Donald Trump is assuring a bumper year for farmers as the Nov. 3 election approaches, with record government subsidies projected to make up more than a third of farm income in 2020. The aid programs could be key to Trump’s chances of success in swing states such as Wisconsin, […] Read more
CBOT November 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn, soybeans sag on harvest pressure, investor caution

CBOT December wheat closes higher

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Chicago | Reuters — U.S. corn and soybean futures fell on Friday on expectations for the harvest of both crops to expand in the heart of the Corn Belt, and on investor caution following news of U.S. President Donald Trump’s positive test for COVID-19, analysts said. Wheat futures firmed on concern about dry weather in […] Read more
(DWalker44/iStock/Getty Images)
Livestock, Machinery, Reuters

U.S. to remove tariffs on Canadian aluminum

Ottawa drops threat of retaliation on stock trailers, fencing, other aluminum goods

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Washington/Ottawa | Reuters — The Trump administration said on Tuesday it will remove 10 per cent U.S. tariffs on raw Canadian aluminum as long as imports of the metal stay below levels that are expected to “normalize” over the next four months. In response, Canada dropped a threat to impose billions of dollars of retaliatory […] Read more
(DWalker44/iStock/Getty Images)
General, Machinery, Markets, Reuters

Canada may unveil retaliatory tariffs on U.S. goods Tuesday

Stock trailers could be among affected aluminum wares

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Ottawa | Reuters — Canada will announce on Tuesday that it is going ahead with a threat to slap retaliatory tariffs on U.S. goods after Washington said it would impose punitive measures on Canadian aluminum imports, CTV said on Monday. Deputy Prime Minister Chrystia Freeland said last month that Ottawa would impose sanctions on $3.6 […] Read more
(Pierre-Olivier Valiquette/iStock/Getty Images)
General, Markets, Reuters, Weather

U.S. court finds for California’s work with Quebec on carbon market

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Washington | Reuters — A U.S. federal district court has ruled that California’s co-ordination with Quebec in a cap-and-trade carbon emissions market is constitutional, a blow to the Trump administration made public in a filing late on Friday. In October, the Trump administration sued California for entering a climate agreement with Quebec, saying the state […] Read more
CBOT December 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn, soybeans drop on favourable weather

Chicago wheat jumps

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Chicago | Reuters — U.S. corn and soybean futures prices fell on Friday on expectations for beneficial rains in crop-growing areas and as President Donald Trump said the country’s relationship with trading partner China was severely damaged. A monthly U.S. Department of Agriculture (USDA) report pegged America’s harvests below analysts’ expectations, although the estimates were […] Read more

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