International trade Archives - Page 9 of 55

“The actual supply chain for containerized grain of all types out of Western Canada is essentially broken.” – Greg Northey, Pulse Canada.

The missing link: Inside the shipping container crisis

Stuck between a shipping cartel and COVID, Canada’s pulse industry risks becoming landlocked

By Allan Dawson September 16, 2021

For many years the Prairie pulse sector revolved around an orderly flow of shipping containers. They moved out of manufacturing hubs like southern China stuffed with consumer goods of all sorts, to ports in Vancouver and Prince Rupert. There they were emptied, and loaded again with outbound goods — in this case pulse crops like

Slow U.S. corn shipments could pressure supply forecasts

By GFM Network News, Karen Braun August 11, 2021

Reuters – The United States has already secured a record corn export campaign for the nearly concluded season, but the shipments are unlikely to match the government’s current forecast because the pace has recently been too slow. Disappointing export inspections last week – a marketing year low – might be an indication that the U.S.

India to launch $1.48 bln plan to raise oilseed output, cut imports

By GFM Network News, Mayank Bhardwaj, Rajendra Jadhav August 9, 2021

New Delhi | Reuters – India will launch a 110 billion rupee ($1.48 billion) plan to boost domestic oilseed production to make the country self-sufficient in edible oil, Prime Minister Narendra Modi said on Monday, a move that will cut costly vegetable oil imports. India is the world’s biggest vegetable oil importer and spends an

Markets

ADM quarterly profit surges amid strong U.S. corn exports to China

By Arunima Kumar, GFM Network News, Tom Polansek July 28, 2021

Reuters – U.S. grain merchant Archer-Daniels-Midland Co on Tuesday reported quarterly profit leapt 52 percent due to strong exports and oilseed crushing margins. The bigger-than-expected earnings sent shares to a two-week high and extended a recovery from the COVID-19 pandemic, which last year hurt demand for the company’s ethanol and food products. Shares were up

The World Trade Organization (WTO) headquarters in Geneva, Switzerland on Oct. 28, 2020. (Photo: Reuters/Denis Balibouse)

News, Other

Multi-partisan committee calls for special measures to protect farmers

MPs release list of recommendations and priorities for WTO reform efforts

By D.C. Fraser July 13, 2021

A federal International Trade committee recommends Canada implement special measures to protect farmers. In its latest report, MPs on the committee released a list of recommendations and priorities for reforming the World Trade Organization (WTO). During witness testimony, members from the major parties heard about challenges experienced at the WTO. Officials from Global Affairs said

News

Indonesia warns of ‘challenging’ trade talks with Canada

Wheat and soybeans seen as two key agricultural commodities for Canada

By D.C. Fraser July 12, 2021

Canada is preparing to formally launch bilateral trade negotiations later this year with Indonesia, but already plans to include gender, environmental and labour provisions in a deal are being described as a “challenge.” The two nations have long flirted with the idea of a trade agreement, with Canada launching stakeholder consultations of the subject in

Letters, Op/Ed

Letters: Cold War with China costs Prairie farmers

By David Gehl April 28, 2021

According to a recently released report from the Canola Council of Canada, worsened relations with China since the December 2018 arrest of Huawei CFO Meng Wanzhou have cost Prairie farmers $1 billion or more. During the period March 6, 2019 to July 31, 2020 the losses to Canadian canola growers are estimated at from $681

News

CETA working as intended, federal government says

Meanwhile exporters continue to express concerns over its implementation

By D.C. Fraser April 28, 2021

Canada’s international trade minister said the country’s free trade deal with the European Union is working as intended. Mary Ng, Canada’s minister of small business, export promotion and international trade, made the comments in a joint statement with the European Commission. European officials met virtually with Ng on March 25 to discuss progress of implementing the Comprehensive

The Canadian Cattlemen’s Association says there are some gains into how Canada’s U.K. quota is administered, but pointed to a growing beef trade deficit.

News, Other

Feds consult on future of U.K. trade

The U.K. continuity deal, a planned bilateral trade agreement and the U.K.’s entry into CPTPP are all on the agenda

By D.C. Fraser April 27, 2021

The federal government wants to know what Canadians think of the United Kingdom joining its Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). At the same time, it is also seeking opinions on entering a possible bilateral deal with the former European Union country. Canada’s trade with the U.K. is currently governed by the Canada-U.K. Trade Continuity Agreement

Steve Verheul, Canada's chief trade negotiator, says a trade ‘implementation’ position might be unworkable.

Farmit Manitoba, News

CAFTA calls for implementation officer

Canada’s chief trade negotiator says the position would create duplication and overlap

By D.C. Fraser April 26, 2021

Canadian Agri-Food Trade Exporters (CAFTA) is calling for a trade implementation position within Global Affairs, but the country’s chief negotiator is already spilling cold water on the idea. In its list of priorities and policies for 2021, CAFTA says the creation of such a position is needed in Global Affairs Canada to monitor and facilitate engagement with

Daily Network News

Australia raises wheat harvest estimate by nearly two million tonnes

Spain deploys military to contain African swine fever near Barcelona

U.S. livestock: Chicago cattle futures climb on post-Thanksgiving trade

Tag Archives International trade