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.
Reuters
U.S. grains: Corn futures end higher, extending rally on tariff relief
Trump says Canada, Mexico tariff reprieve is short-term move, duties may rise over time
U.S. President Donald Trump said on Friday the reprieve given to Mexico and Canada on tariffs is a short-term measure and tariffs could go up over time.
Canada launches $5 billion program to help exporters reach new markets
More financing to be made available through Farm Credit Canada
Canada is launching a $5 billion program to help Canadian exporters reach new markets as part of a suite of measures to support businesses and workers in response to U.S. tariffs.
Canada suspends imports from biggest US pork processing plant
Issue relates to "certain offal shipments,' says company; ties to tariffs unclear
Canada has suspended imports from the biggest U.S. pork processing plant, a facility run by Smithfield Foods in Tar Heel, North Carolina, the company said on Friday.
Global demand forecasts for US crops to factor in tariffs in effect, USDA says
A monthly U.S. Department of Agriculture WASDE supply and demand report due next week will consider trade policies in place when the forecasts for grains and soybeans are issued, an agency official said on Thursday, as President Donald Trump suspended tariffs he imposed this week on Canada and Mexico.
Bayer tells US it could halt Roundup weedkiller sales over legal risks
Bayer has told U.S. lawmakers it could stop selling Roundup weedkiller unless they can strengthen legal protection against product liability litigation.
U.S. grains: Corn, soy, wheat climb as Mexico earns tariff reprieve
Chicago corn futures surged nearly two per cent on Thursday as trade tensions cooled with Mexico, the top buyer of U.S. corn, after President Donald Trump temporarily suspended steep tariffs that he had imposed on Mexico this week.
Trump delays tariffs for goods covered under Mexico, Canada trade deal
President Donald Trump on Thursday exempted goods from both Canada and Mexico under a North American trade pact for a month from the 25 per cent tariffs that he had imposed earlier this week
Canada will be in trade war with US for foreseeable future, says Trudeau
Canada will continue to be in a trade war with the United States for the foreseeable future, Prime Minister Justin Trudeau said on Thursday, a day after what he called a "colorful" call with President Donald Trump.
U.S. grains: Corn, soy and wheat bounce as traders monitor tariff relief
U.S. corn, soybean and wheat futures closed higher on Wednesday, bouncing from multi-month lows set a day earlier as indications that U.S. tariffs against Canada and Mexico may be reduced helped ease market jitters over escalating trade tensions.
Cyber-Savvy Farmer
