Canada/U.S. border signage in downtown Detroit. (RiverNorthPhotography/Getty Images)

Trump says impeachment inquiry could derail North America trade deal

Washington/Mexico City | Reuters — U.S. President Donald Trump warned on Wednesday that an impeachment inquiry against him could derail congressional approval of a North America trade pact, dragging down Mexico’s peso and stock market as investors fled riskier assets. While U.S. Trade Representative Robert Lighthizer said he was confident the U.S-Mexico-Canada trade agreement would





(Country Guide file photo)

Prairie wheat bids edge lower

MarketsFarm — Wheat bids in Western Canada edged lower during the week ended Thursday, as seasonal harvest pressure and strength in the Canadian dollar weighed on values. The Canadian dollar was up by roughly a third of a cent relative to its U.S. counterpart on the week. Minneapolis spring wheat futures held steady, but Kansas

(Country Guide file photo)

Cash wheat: Western Canadian bids mixed

MarketsFarm — Wheat bids in Western Canada were mixed for the week ended Thursday. Small gains and marginal losses were observed in CWRS, CPSR and durum wheats. Average CWRS (Canada Western Red Spring, 13.5 per cent protein) wheat prices were down $3-$5 per tonne at most locations. The outlier was in northwestern Saskatchewan, where prices


Derwin: Dollar direction signals hard to decipher

Derwin: Dollar direction signals hard to decipher

Every week the Commodity Futures Trading Commission (CFTC) releases its Commitments of Traders (COT) report. But just how committed are the traders shown in those trading activity reports? When you look at what traders can also do in the cash, over-the-counter and physical markets associated with those futures contracts, it’s difficult to say for sure. This

(Dave Bedard photo)

Rising diesel prices coming

MarketsFarm — Higher diesel prices are on the horizon for Canada and the U.S. in 2019. GasBuddy.com senior petroleum analyst Dan McTeague pointed to an increase in overall demand, combined with a slowdown in heavy oil production and the federal carbon tax as well as pending IMO 2020 regulations — that is, the International Marine