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Emerging corn plants in Canada. (Sophie-Caron/iStock/Getty Images)
Crops, Markets

CBOT weekly outlook: More acres expected for U.S. corn, soybeans, wheat

USDA acreage projections due out March 31

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MarketsFarm — With expectations of far fewer prevent-planting acres for 2023-24, Terry Reilly of Futures International has called for increases in planted area for corn, soybeans and wheat in the U.S. this spring. The U.S. Department of Agriculture (USDA) is scheduled to release its planting projections on March 31. Reilly pegged planted corn acres at […] Read more
Commercial vessels –including vessels which are part of the Black Sea grain deal — wait to pass the Bosphorus strait off the shores of Yenikapi during a misty morning in Istanbul, Turkey on Oct. 31, 2022. (Photo: Reuters/Umit Bektas)
Crops, Reuters

U.S. pushes back against Russian demands linked to Ukraine grain deal

Russian food, fertilizer already carved out from sanctions, U.S. says

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United Nations | Reuters — The United States pushed back on Russian demands that Western sanctions be eased before it allows Ukrainian Black Sea grain exports beyond mid-May, saying there were no restrictions on Russian agricultural products or fertilizer. Moscow’s demands include allowing the Russian Agricultural Bank to return to the SWIFT banking system and […] Read more
Corn in progress just east of Blumenort, Man. on July 20, 2022. (Dave Bedard photo)
Corn, Crops, Reuters

Canada reported seeking formal talks with Mexico on GMO rule

U.S. already seeking similar talks

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Ottawa | Reuters — Canada has asked for formal consultations with Mexico over its restrictions on genetically modified (GM) agricultural imports under the North American free-trade agreement, Bloomberg News reported Wednesday, citing people familiar with the matter. Canada requested the talks on Tuesday, according to Bloomberg, a day after the U.S. requested formal trade consultations […] Read more
Around 20 per cent of Mexico’s corn imports from the U.S. are white corn, used to make food products such as tortillas. (Bhofack2/iStock/Getty Images)
Corn, Crops, Reuters

U.S. demands formal trade talks with Mexico over GMO corn dispute

U.S. says new rules a breach of CUSMA

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Chicago/Washington | Reuters — The United States requested formal trade consultations with Mexico on Monday over U.S. objections to its southern neighbour’s plans to limit imports of genetically modified corn and other agricultural biotechnology products. The U.S. Trade Representative’s office announced the request for technical talks after months of informal discussions with Mexican officials over […] Read more
File photo of a cornfield in Mexico. (Roberto Cabrera/iStock/Getty Images)
Corn, Crops, Markets, Reuters

Mexico opens door for GM corn in feed, industrial uses

U.S. 'disappointed' in Mexico's new decree

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Mexico City | Reuters — Mexico on Monday scrapped a deadline to ban genetically modified corn for animal feed and industrial use amid trade tensions with the United States — but retained plans to prohibit use of the GM grain for human consumption, as well as the herbicide glyphosate. The move, approved in a government […] Read more
File photo of a Canadian Holstein dairy cow outdoors. (Diane Kuhl/iStock/Getty Images)
Dairy Cattle, Livestock, Reuters

New U.S. ag trade chief demands Canada broaden dairy quota access

USTR's new ag rep's eyes also on Mexico GM corn ban

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Washington | Reuters — Canada must let U.S. processors of cheese, ice cream, yogurt, milk powder and other dairy products have access to its import quotas to resolve a second U.S. dairy trade challenge, Washington’s new agricultural trade boss told Reuters. Doug McKalip, chief agricultural trade negotiator for the U.S. Trade Representative’s office, told Reuters […] Read more
(Saputo Cheese USA video screengrab via YouTube)
Dairy Cattle, Livestock, Markets

Saputo to consolidate U.S. cheesemaking, shut three plants

Plans include one new plant, one repurposed

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The Canadian company ranked among the three biggest cheesemakers in the U.S. is preparing to consolidate five of its cheese plants in that country down to two. Montreal-based Saputo announced last Thursday it has construction underway on a new $240 million cut-and-wrap cheese plant in the Milwaukee suburb of Franklin, to be up and running […] Read more
(Lauri Patterson/E+/Getty Images)
Dairy Cattle, Livestock, Markets, Reuters

U.S. seeks new dispute panel over Canadian dairy imports

Panel would be second on matter since CUSMA took effect

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Washington | Reuters — The United States on Tuesday said it was seeking a second trade dispute settlement panel over Canada’s dairy import quotas, charging that Canada was still not meeting obligations to open its market to U.S. producers. The U.S. Trade Representative’s office said it was challenging Canada’s revised tariff-rate quota (TRQ) allocations that […] Read more
(RyanJLane/E+/Getty Images)
Markets, Prime cuts

Prime Cuts: Where’s the (U.S.) beef?

Prime Cuts with Steve Kay: Global beef production expected to be fractionally lower

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“Where’s the beef?,” a slogan coined by hamburger chain Wendy’s, is one of the most successful ad campaigns of the past few decades. But in light of a big decline in U.S. beef production next year, global beef users might be asking the same question about U.S. beef. U.S. production is expected to decline to […] Read more
A drone’s-eye view of crews repairing a levee, north of the Cosumnes River, after it was breached by heavy rains and flooded Sacramento County roads and properties near Wilton, just southeast of Sacramento, on Jan. 2, 2023. (Photo: Reuters/Fred Greaves)
General, Weather

Northern California deluge’s current rainfall level expected again

Flood risk to continue into next week

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MarketsFarm — While the deluge of rain over northern California took a day’s break on Tuesday, agricultural meteorologist Drew Lerner of World Weather Inc. said the heavy precipitation would soon resume. Following the worst drought in California history, the state has been receiving very intense precipitation that’s brought flooding to its northern areas. “It will […] Read more

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