There’s plenty of uncertainty in 2023 grain markets. The potential for big corn and soybean acres combined with weak economic performance could push prices lower as the year unfolds. But there’s still plenty of profit opportunity, says AgMarket.Net co-founder Jim McCormick. He shared his take on the markets while participating in a market panel at… Read More
Category: China
Where Brazil and Mexico have the potential to emerge as hot markets in the longer term, China is a market that one geopolitical analyst says should be sold to when the opportunity arises, but should not be the centre of a trade strategy. Jacob Shapiro with Cognitive Investments strongly cautions Canada, and the U.S. too,… Read More
With harvest well underway, or even finished for some, markets continue to be susceptible to global events, but focus is now turning to what the actual yield numbers are as crops come off. Weighing in on the topic is Brian Voth, president of intetlliFARM, and he says he’s skeptical of the demand that is being… Read More
Next month, China will appoint its next standing committee at its 25th Congress of the Chinese Communist Party. President Xi is looking to lead an unprecedented third term, but, more broadly, the focus is on what direction the new group will take on China’s domestic and international policy. Charles Burton, senior fellow with MacDonald Laurier Institute, says… Read More
In an effort to establish new trade agreements with Asia, the U.S. has announced its intention to enter in to a trade pact named the Indo-Pacific Economic Framework. Canada was not included, but experts say there’s no need to fret over the forgotten invitation. Carlo Dade, director of the trade and investment centre with the… Read More
The Chinese government has lifted restrictions on imports of canola from Canada’s two largest exporters that dated back to March 2019. Richardson and Viterra were banned from shipping canola seed to China more than three years ago. Both companies are listed as approved for exporting canola to China in a government document that was published… Read More
Over the past few years the phrase “unprecedented times” has been used often and for good reason. There has been a continual domino effect of global events that has put a unique strain on many things, especially global trade. The result is that change isn’t coming — it’s here. As a country, Canada needs to… Read More
China and the Philippines have joined South Korea in temporarily suspending imports of Canadian beef following the discovery of an atypical case of BSE in an Alberta cow in mid-December. The Chinese customs administration has stopped issuing certificates for beef and beef products from Canada, while hides are still eligible for export, according to a… Read More
There are no indications China will be lifting restrictions on Canadian canola imports as a direct response to the exchange of Huawei executive Meng Wanzhou for Canadians’ Michael Spavor and Michael Kovrig, according to the president of the Canola Council of Canada. The two Michaels returned to Canada on Friday following a deal negotiated by… Read More
The Canadian government is planning to file another request for the World Trade Organization to establish a dispute settlement panel to look at China’s restrictions on Canadian canola seed imports. China used a procedural tactic to block Canada’s initial appeal for a dispute panel at the WTO Dispute Settlement Body’s monthly meeting on Monday (June… Read More
The Trade and Climate Change conference was held virtually on April 7 to 9, 2021, and was a joint effort of U.S.-based Farm Foundation and the Canadian Agri-Food Policy Institute (CAPI). The objective of the conference was to explore topics in the context of global trade, where climate change policies have become “increasingly ambitious and… Read More
China has a large agricultural base, but despite this, their self-sufficiency is hindered by rapid urbanization and the sheer volume of people to feed. Even though it relies on other countries for commodities, China is a challenging country to do trade with. Canada’s not the only country that has had problematic negotiations with China —… Read More
There are no simple answers when dealing with an economic superpower like China. But just because any and all answers will be complicated doesn’t mean we shouldn’t try to uphold fair and rules-based trade, and human rights. In this LIVE! Q&A, Charles Burton, senior fellow with the MacDonald-Laurier Institute, shares insight into strategies for dealing… Read More
This week marks 50 years since Canada, with a prime minister holding the surname Trudeau, formally recognized the government of the People’s Republic of China. Normally, golden anniversaries are cause for great celebration, but the world is not normal right now. Or at least it’s not in a state we want to believe is normal…. Read More
It’s a great day to talk grain markets, because, hey, the funds are in and the numbers are looking good! And so we kick off this RealAg LIVE! segment with market analyst Wendy White of Viterra. From where the good news on crop prices is coming from, to supportive moves in canola exports, and on… Read More