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Markets

China accounting for bulk of Canadian canola exports so far

Chinese wheat imports roughly half of last years' at same time

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China has done most of the heavy lifting when it comes to Canadian canola exports through the first three months of the 2023/24 marketing year (Aug/Jul), according to the latest international trade data released Dec. 6. Statistics Canada reported canola exports through October at 1.566 million tonnes, with China accounting for 64 per cent of the total (1.006 million tonnes). Japan and Mexico followed at 273,300 tonnes and 196,900 tonnes respectively.
Comment: We must respect Mexico’s food sovereignty
Comment, Op/Ed

Comment: We must respect Mexico’s food sovereignty

Mexico has a right to determine its corn policy, even if the U.S. and Canada don’t like it

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Sept. 29 was Mexico’s national day celebrating the central place corn has in Mexican society and history. This year, there is a new threat to its future. Corn as we know it today was developed from an ancient plant called teocinte by Indigenous peoples over thousands of years, making Mexico the crop’s biological and cultural
File photo of a cornfield in Mexico. (Roberto Cabrera/iStock/Getty Images)
Crops, Markets

Canada says will join as third party in U.S.-Mexico corn dispute

Mexico's measures 'not scientifically supported,' ministers say

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Reuters — Canada said Friday it will participate as a third party in dispute settlement proceedings between the U.S. and Mexico regarding genetically modified (GM) corn in imported tortillas and dough, citing concerns about Mexico’s stance on the matter. The decision follows Washington’s request for a dispute settlement panel through the Canada-U.S.-Mexico Agreement (CUSMA), which
File photo of a cornfield in Mexico. (Roberto Cabrera/iStock/Getty Images)
Crops

U.S. escalates Mexico corn trade spat with dispute panel request

Canada 'considering its next steps'

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Washington | Reuters — The United States on Thursday escalated its objections to Mexico’s curbs on genetically modified corn imports, requesting a dispute settlement panel under the North American trade pact, the U.S. Trade Representative’s office said. The request to send the dispute to arbitrators was announced after formal consultations failed to resolve deep divisions
CBOT November 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Weather

U.S. grains: Soybeans advance on hot, dry forecast

Corn overcomes pressure over Mexico spat

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Chicago | Reuters — Chicago Board of Trade soybean futures approached a two-week high on Thursday on concerns that hot, dry weather in forecasts could reduce the upcoming U.S. harvest. The U.S. has little room for crop losses due to unfavourable weather because the government already projects tight soybean supplies, analysts said. Some worries over
Mexico says U.S. not playing ball on GM corn
News

Mexico says U.S. not playing ball on GM corn

Mexico has plans to restrict GM corn; the U.S. and Canada are not enthused

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Reuters – The United States has denied a request by Mexico to jointly conduct scientific research on the health impact of genetically modified corn, says a Mexican government official. Mexico has repeatedly called on the U.S. to work together on scientific studies amid a conflict over the Latin American country’s plans to limit the use
File photo of a view near the Canadian end of the Ambassador Bridge, which connects Windsor and Detroit and is considered one of North America’s busiest trade routes. (Steven_Kriemadis/iStock/Getty Images)

NAFTA meeting to skirt major disputes, U.S. trade rep says

Dairy, corn, energy issues to be discussed via separate channels

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Washington | Reuters — U.S. Trade Representative Katherine Tai’s meetings with North American trade partners Canada and Mexico this week will not delve deeply into major disputes over Mexico’s biotech corn and energy policies nor Canadian dairy access, a senior USTR official said on Wednesday. The annual meeting of the Canada-U.S.-Mexico Agreement (CUSMA) Free Trade
Photo: File
Crops, Markets

Mexican president moves to prioritize domestic corn for tortillas

Mexico is embroiled in a dispute with the U.S. over decree to limit use of GM corn

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Mexico City | Reuters — Mexico’s president announced on Monday he will sign an agreement this week with makers of the country’s food staple tortillas that ensures they only use non-genetically modified (GM) white corn while also setting new tariffs on imports of the grain. Tariffs on white corn imports from countries that do not
File photo of a cornfield in Mexico. (Roberto Cabrera/iStock/Getty Images)
Crops

Canada gets in on U.S. trade challenge of Mexico’s GM corn ban

Canada to have third party role in CUSMA dispute consultations

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A U.S. challenge under the Canada-U.S.-Mexico free trade agreement (CUSMA), against Mexico’s planned ban on genetically modified corn, will now also have Canada at the table. Rob Stewart, Canada’s deputy minister for international trade, wrote Friday to U.S. and Mexican trade officials, formally announcing Canada’s intent to take part in the CUSMA dispute settlement consultations
File photo of a cornfield in Mexico. (Roberto Cabrera/iStock/Getty Images)
Crops, Markets

U.S. escalates dispute with Mexico over GM corn

Canada 'considering next steps'

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Mexico City | Reuters — The U.S. is escalating its conflict with Mexico over agriculture biotech measures, including the stance on genetically modified (GM) corn, by requesting dispute settlement consultations, senior officials of the U.S. Trade Representative’s office said on Friday. The North American neighbours are inching closer to a full-blown trade dispute under the

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