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General, Reuters, Weather

Trump administration scales back U.S. water protections

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Washington | Reuters — The Trump administration finalized a rule on Thursday to pare back the types of waterways protected from pollution under federal law, easing burdens on industries such as agriculture and mining but angering environmental groups. The Navigable Waters Protection Rule could win political points ahead of the November election for Republican President […] Read more
General, Markets, Reuters

U.S. Senate passes CUSMA trade deal

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Washington | Reuters — The U.S. Senate on Thursday approved a revamp of the 26-year-old North American Free Trade Agreement that includes tougher rules on labour and automotive content but leaves US$1.2 trillion in annual U.S.-Mexico-Canada trade flows largely unchanged. The legislation for the U.S.-Mexico-Canada Agreement (CUSMA) passed on an 89-10 bipartisan vote, sending the […] Read more
Crops, Markets

CBOT weekly outlook: Trading cautious on Phase One pact

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MarketsFarm — Though China and the United States signed their Phase One trade deal on Wednesday, commodity markets remained “extremely cautious,” according to one analyst. Prices were muted at midday following a signing ceremony at the White House, due to the lack of public details regarding the deal. The market is “preparing for disappointment,” according […] Read more
General, Markets, Reuters

U.S., China reset trade relationship with Phase One agreement

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Washington | Reuters — The United States and China announced an initial trade deal on Wednesday that will roll back some tariffs and boost Chinese purchases of U.S. goods and services, defusing an 18-month conflict between the world’s two largest economies. Beijing and Washington have portrayed their “Phase One” agreement as a momentous step after […] Read more
Crops, Markets

CBOT weekly outlook: Headlines, geopolitics drive prices

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MarketsFarm — To Terry Reilly, about the only things driving the Chicago Board of Trade (CBOT) are headlines and geopolitics developments. “Traders are trading headlines,” Reilly, an analyst for Futures International in Chicago, said in reference to the latest developments in U.S.-China trade talks. Reports on Wednesday morning said the two countries were close to […] Read more
Crops, Markets, Reuters

U.S. grains: Soy rises on trade hopes

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Chicago | Reuters — U.S. soybean futures rose on Wednesday, buoyed by renewed optimism about a U.S.-China trade deal as well as some bargain buying, traders said. Corn futures were lower, giving up early gains on technical selling, while wheat futures firmed after two days of sharp declines. Investors were reassured by a Bloomberg report […] Read more

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AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending January 24, 2020.

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