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Mexico will miss corn output forecast, farmers’ group says
Markets, News

Mexico will miss corn output forecast, farmers’ group says

A direct cash payment program for farmers is panned as insufficient

By
Reuters – Mexican corn production is likely to total no more than 24 million tonnes this year, significantly less than the government’s forecast, the head of one of the country’s largest corn farmer associations said in an interview. Juan Pablo Rojas told Reuters that the official estimate of nearly 27 million tonnes by the Agriculture
The proposed deal would create the first rail network spanning Canada, the U.S. and Mexico.
News

Continental rail deal seen boosting farm sales

Canadian Pacific buyout of Kansas City Southern rail will create first Canada-U.S.-Mexico network

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Reuters – Canadian Pacific’s US$25-billion deal to buy Kansas City Southern will create a rail network from Canada to Mexico that farm groups say could smooth the flow of their goods to market. The deal, subject to approval by the U.S. Surface Transportation Board, would combine CP’s cross-Canada network, which stretches as far south as Kansas City,
U.S. Trade Representative Katherine Tai is sworn in at the White House on March 18, 2021. (Photo: Reuters/Tom Brenner)
Markets

New U.S. trade chief Tai focused on CUSMA, China ties in calls

New trade deals on hold for now, White House says

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Washington | Reuters — New U.S. Trade Representative Katherine Tai mapped out her priorities and Washington’s desire to rebuild alliances in initial calls on Monday with her counterparts from Canada, Britain and the European Union. Tai, sworn in Thursday as President Joe Biden’s top trade negotiator, emphasized climate change, racial equity and the need to
(File photo by Dave Bedard)
Crops

Canadian Pacific to buy Kansas City Southern in bet on trade

Biggest North American rail deal ever valued at US$25 billion

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Reuters — Canadian Pacific Railway (CP) agreed on Sunday to acquire Kansas City Southern in a US$25 billion cash-and-stock deal to create the first railway spanning the United States, Mexico and Canada, standing to benefit from a pickup in trade. It would be the largest ever combination of North American railways by transaction value. It
Mexico is self-sufficient in white corn, but has been importing plenty of GMO yellow corn, mainly for livestock feed.
News

Mexico pressing ahead with GMO corn, glyphosate bans, says key official

The move is popular with environmentalists but alarming to ag industry

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Reuters – Mexico is sticking to a plan to stop importing genetically modified corn and a ban on a widely used herbicide, a senior official told Reuters, doubling down on a policy that has pleased green advocates but alarmed industry leaders. The plan announced late last year by executive order aims to replace some 16
Mexican corn bans complex
Grain Markets, News

Mexican corn bans complex

Proposal would see GMO corn and glyphosate both targeted for elimination

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Reuters – The Mexican government’s push to wean itself off a massive dependence on genetically modified corn imports would upend the country’s food supply, including its big livestock sector, industry officials warn. A Dec. 31 decree banning the use of genetically modified corn over three years has sparked a frenzy of lobbying urging officials to reconsider. Both the Agriculture and Economy ministries held high-level meetings
A cornfield in Mexico’s Chihuahua state. (Undefined undefined/iStock/Getty Images)
Crops

Mexico farm lobby blasts ban on GMO corn

Country's organic growers welcome ban

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Monterrey, Mexico | Reuters — Mexico’s main agricultural lobby on Saturday criticized the government’s decision to ban genetically modified corn, while organic growers hailed the move that should protect smaller farmers. Mexico will “revoke and refrain from granting permits for the release of genetically modified corn seeds into the environment,” stated a decree issued Thursday
CBOT December 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn, wheat hit two-week lows on COVID-19 fears

Commodity selling continues dragging on grains, analysts say

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Chicago | Reuters — U.S. grain futures extended losses on Thursday, with corn and wheat hitting two-week lows as concerns over the COVID-19 pandemic’s economic impact weighed on prices. Improving global crop weather added pressure on prices, with rains benefiting dry wheat-growing areas in the U.S. and Russia and soybean-producing regions of Brazil, traders said.
(CBSA via YouTube)

Feds seek feedback on farm worker living conditions

Consultations focused on 'primary agriculture' labour stream of TFWs

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Improving and standardizing living conditions for temporary foreign workers (TFWs) in Canada — specifically, those on Canadian farms — is the subject of a new round of federal consultations. Employment Minister Carla Qualtrough and Agriculture Minister Marie-Claude Bibeau on Tuesday announced consultations are now underway until Dec. 22 with “provinces and territories, employers, workers, worker

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