Daily news Archive - Page 206 of 3094

New Chinese tariffs “devastating” to Canadian ag sector

Ag groups decry latest trade action

By Phil Franz-Warkentin March 10, 2025

A new trade war front opened over the weekend as China announced stiff tariffs on Canadian canola oil, meal, peas, pork and other commodities late Friday. Canadian industry groups decried the move and are calling on the federal government to intervene.

News

Carney election could change agriculture priorities ahead of federal election

New federal Liberal party head pledged to cancel capital gains hike, carbon price, but term may be short-lived

By Jonah Grignon March 10, 2025

Mark Carney has been elected as leader of the Liberal Party of Canada and will become the next Prime Minister of Canada. Carney’s victory was certified Sunday evening, as the former Bank of Canada governor took 85 per cent of the vote among Liberals

Markets, Reuters

U.S. grains: Corn futures end higher, extending rally on tariff relief

By Julie Ingwersen, Reuters March 7, 2025

Chicago Board of Trade corn futures rose for a third straight session on Friday as news of exemptions for Mexico and Canada to most U.S. tariffs allowed grain prices to stabilize after a plunge early this week.

File photo of the Canada-U.S. border crossing connecting Sarnia, Ont. and Port Huron, Michigan. (Eyfoto/iStock/Getty Images)

News

Tariffs – where do we stand now?

By Jeff Melchior March 7, 2025

As of March 7, goods under CUSMA were exempted from U.S. tariffs until April 2. Canadian tariffs on $30 billion of American goods remained in place.

News

Tariffs Day 4 | Combing through the wreckage

What does the landscape look like after the first bomb of the trade war went off?

By Gord Gilmour March 7, 2025

Daily wrap of tariff situation for March 7, exploring the current state of play for Canadian agriculture.

News

Federal government offers farmers relief but may not go far enough, says expert

Advance Payments Program interest free portion returned to $250,000

By Jonah Grignon March 7, 2025

Federal government pledged $5 billion to diversifying exports, $1 billion in extra financing through Farm Credit Canada, and returned the Advance Payments Program interest-free portion to $250,000 from $100,000.

It is apparent in the Alberta beef industry that producers realize how small and tight-knit the industry is, a commonality shared across the U.S. border. | File photo

Livestock, Markets

U.S. livestock: Cattle futures climb to end week

By Adam Peleshaty – MarketsFarm March 7, 2025

Cattle and hog prices at the Chicago Mercantile Exchange on Friday showed increases of varying degrees. United States President Donald Trump announced on Thursday that certain imports from Mexico which fall under the Canada-U.S.-Mexico Trade Agreement will see tariffs delayed until April 2. Canada was also included in the official amendment after the markets closed.

‘With the grain and flour not moving fast, it’s bringing the price down.’ Photo: Singh_Lens/iStock/Getty Images

Cereals, Markets

Prairie Wheat Weekly: Prices either side of steady

Trump tariffs pressuring U.S. wheat prices

By Glen Hallick - MarketsFarm March 7, 2025

Western Canadian cash prices for spring wheat and amber durum were mixed during the week ended March 6. Declines in the United States wheat complex weighed on Prairie cash prices, as did a stronger Canadian dollar.

The PFRA operated on the Prairies from 1935 to 2009 and was instrumental in helping farmers address soil erosion and drought they experienced during the 1930s. Photo: File

News

Former Prairie agricultural agency gains historic designation

By Karen Briere March 7, 2025

Parks Canada has designated the former Prairie Farm Rehabilitation Administration an event of national historic significance.

Ram and Leon Manufacturing made hydraulic cylinders and agricultural equipment, respectively. The family owned companies were both in business for more than 50 years but began having cash flow problems several years ago. Photo: Screencap via archive.org

News

Buyer found for bankrupt Ram Industries assets

The Yorkton, Sask. company, along with Leon Manufacturing, went into receivership last year after more than 50 years in business

By Karen Briere March 7, 2025

The company was placed in receivership last June, ordered bankrupt in late January and on Feb. 27 the Court of King's Bench approved the sale to 102203996 Saskatchewan Ltd. for an undisclosed price.

Daily Network News

ICE weekly: War news driving canola markets

War is increasing food prices, insecurity say IMF, World Bank and UN food agency

B.C. agrochemical startup gets $1.2M in federal funding

Daily news

New Chinese tariffs “devastating” to Canadian ag sector

Carney election could change agriculture priorities ahead of federal election

U.S. grains: Corn futures end higher, extending rally on tariff relief

Tariffs – where do we stand now?

Tariffs Day 4 | Combing through the wreckage

Federal government offers farmers relief but may not go far enough, says expert

U.S. livestock: Cattle futures climb to end week

Prairie Wheat Weekly: Prices either side of steady

Former Prairie agricultural agency gains historic designation

Buyer found for bankrupt Ram Industries assets

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