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Huawei chief financial officer Meng Wanzhou arrives at court in Vancouver on Nov. 23, 2020. (File photo: Reuters/Jennifer Gauthier)
Crops

U.S. in talks with Huawei exec on resolving criminal charges, source says

'This would be a great way to end this nightmare'

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Reuters — U.S. prosecutors are discussing a deal with lawyers for Huawei chief financial officer Meng Wanzhou to resolve criminal charges against her, a person familiar with the matter said, signaling a potential end to a case that has strained ties between the U.S., China and Canada. Negotiations between Meng’s attorneys and the U.S. Justice
CBOT January 2021 soybeans (candlesticks) with 20-day moving average (green line) and CBOT January 2021 soyoil (black line). (Barchart)
Crops, Markets

U.S. grains: Soybeans up one per cent as soyoil climbs

Corn up; wheat declines on global supply outlooks

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Chicago | Reuters — U.S. soybean futures rose about one per cent on Thursday, rallying on bargain buying after a two-week low set a day earlier and on uncertainty about South American crop prospects, traders said. Soybeans also drew support from strength in soybean oil futures, which advanced about two per cent on news of
Canola south of Ethelton, Sask. on Aug. 3, 2017. (Dave Bedard photo)
Crops, Markets

Canada’s canola harvest smallest in five years

Wheat crop a bin-buster, StatsCan report finds

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Winnipeg | Reuters — Canadian farmers produced the smallest canola crop in five years, but the largest wheat output since 2013, Statistics Canada said in its final harvest estimate of the year. Canola production looked set to reach 18.7 million tonnes, down 4.5 per cent from last year and below trade expectations. It was a
Employees working at cargo ship Kypros Land which is loading soybeans to China at Tiplam terminal in Santos, Brazil, March 13, 2017.
Grain Markets, Markets

Canola futures pressured following month of gains

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Canola contracts on ICE Futures were due for a pullback during the week ended Nov. 26, after gaining about $50 throughout the month. Canola prices started the week at $584.10 per tonne, with the January contract gaining over $7 per tonne. After making significant gains during November, market participants expected canola to pull back and
(iStock/Getty Images Plus)
Crops

Four-way Seeds Canada merger approved

Four organizations to amalgamate in February without CSGA on board

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A merger of four Canadian seed industry organizations has been cleared to proceed without its fifth partner. Members of the Canadian Plant Technology Agency (CPTA), Commercial Seed Analysts Association of Canada (CSAAC), Canadian Seed Institute (CSI) and Canadian Seed Trade Association (CSTA) have voted in favour of amalgamation, the groups announced Wednesday. An inaugural board
(Dave Bedard photo)
Crops, Markets, Weather

StatsCan report to provide clarity on 2020 crop production

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MarketsFarm — Market participants and producers will be looking to Statistics Canada’s principal field crop report, due out Thursday, for clarity regarding 2020 crop yields. “We’re looking to see how severely the heat damaged the crop, and how yield estimates were tempered later in the growing season,” said Jerry Klassen, an analyst in Winnipeg. Klassen
FCC identifies export, market diversification opportunities for Canadian food
News, Other

FCC identifies export, market diversification opportunities for Canadian food

The ag lender’s latest report highlights canola oil, pork, potato products, crab meat

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Canada is already a major exporter of agricultural goods, food and beverages — but increasing food and beverage exports is still one of Canada’s biggest trade opportunities, says Farm Credit Canada (FCC). And by diversifying exports farmers will become less dependent on current major markets reducing their financial risk. “When borders close for any number of reasons due to trade tensions or shock caused by disease
Some seed sector officials have said companies won’t cancel a registration so long as there’s commercial demand for it, but doubts remain.
News

CFIA wants farmer feedback on cancelling variety registrations

It’s part of the upcoming modernization of the Seeds Act

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The process for cancelling crop variety registrations will be part of the upcoming ‘modernization’ of Canada’s Seeds Act — a move welcomed by some farm groups that want continued access to farm-saved seed without an additional royalty attached. “We want to hear from everyone involved with seeds, everyone who has a stake in the regulations, whether or not it is
Centre Block at Parliament Hill in Ottawa, Canada.
News, Other

Grain Growers of Canada lobbies Parliament Hill

Agriculture can help restart Canada’s economy and the federal government can help by addressing some issues

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Agriculture can help revitalize Canada’s post-COVID economy, but the federal government should clear the track for the sector. That means updating regulations to encourage technological innovation, improving market access for agricultural exports and recognizing farm practices that help the environment, says the Grain Growers of Canada (GGC). The organization, which represents 15 regional, provincial and national grain farmer groups,

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