Canadian canola exports in 2024/25 will be at least a million tonnes above earlier projections, but ending stocks remain to be seen as Agriculture and Agri-Food Canada had to make some creative calculations in their latest supply/demand report.
Tag Archives exports
AAFC ups canola exports, but leaves ending stocks unchanged
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U.S. livestock: Losses for cattle, upswing in hog prices
Upswing in hog prices
Live and fed cattle futures on the Chicago Mercantile Exchange were lower on Thursday, while those for lean hogs were higher. The June live cattle contract retreated 3.175 cents at 195.200 cents per pound. May feeder cattle futures dropped 2.900 cents at 275.300 cents per pound. The USDA reported wholesale boxed beef prices were lower
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.
Trade tensions highlight need to diversify, strengthen Canada’s food export markets says RBC
New RBC report outlines recommendations to reclaim Canada’s sagging global marketshare and create new agri-food exports
Canada’s agriculture sector is heavily reliant on the US. A new report outlines how diversifying agri-food exports to new markets could boost Canada’s economy by billions and secure its place as a global food leader.
U.S. livestock: Cattle mixed, hogs higher
Strong export sales for cattle, hogs
Live and fed cattle futures on the Chicago Mercantile Exchange dropped back on Thursday, despite strong export sales. The United States Department of Agriculture reported export sales of 24,907 tonnes for the week ended Jan. 30. That’s up 23.5 per cent from the previous week and the most since August. The April live cattle contract
Don’t panic about U.S. tariffs, Canada has other buyers for its wheat: analysts
Even if tariffs do come, analysts expect that Canadian wheat feeds into enough global markets to cushion potential trade hits
Even if tariffs do come, analysts expect that Canadian wheat feeds into enough global markets that it can weather the storm
Trump tariffs would weaken loonie, then U.S. dollar
Canadian government missing in action
With Donald Trump set to become President of the United States on Jan. 20, uncertainty continues to swirl about his threat to impose a 25 per cent tariff on all goods the U.S. imports from Canada and Mexico as early as that Monday. Should Trump press ahead with his levies, the Canadian dollar would be caught up in the collateral damage.
India top destination for Canadian peas/lentils through October
India was the top customer for Canadian peas and lentils through the first three months of the 2024/25 marketing year, with total exports of both pulse crops running well ahead of the year ago pace.
China, EU account for upswing in Canadian grain, oilseed exports
Total exports through October up more than 18 per cent
Exports of Canadian oilseeds and grains for 2024/25 largely continued to be ahead of those a year ago, monthly data from the Canadian Grain Commission showed. Bulk exports through licensed facilities during the first three months of the current marketing year are more than 12.22 million tonnes, which compares with the approximately 10.33 million the same time last year.
Low loonie likely to continue
There’s little on the horizon to suggest a quick recovery for the Canadian dollar
There’s little on the horizon to suggest a quick recovery for the Canadian dollar compared to the U.S.
Cyber-Savvy Farmer
