Surprises from USDA put turbulence in canola market

Surprises from USDA put turbulence in canola market

NAFTA anxiety puts pressure on the Canadian dollar

The ICE Futures Canada canola complex saw some volatile activity during the week ended Jan. 12, as fluctuations in the Canadian currency and a surprising U.S. Department of Agriculture report created choppy waters for the futures. USDA released its monthly supply-and-demand report on Jan. 12, lowering its estimate for soybean yields in the U.S. to


(Ville.montreal.qc.ca)

Montreal round of NAFTA talks extended to Jan. 29

Mexico City | Reuters — The upcoming round of talks in Montreal to update the North American Free Trade Agreement (NAFTA) will be extended by one day and will now conclude Jan. 29, Canadian and Mexican sources told Reuters on Thursday. Trade negotiators from the U.S., Canada and Mexico were originally scheduled to meet from



(Gloria Solano-Aguilar photo courtesy ARS/USDA)

U.S. livestock: Hogs turn up on short-covering, bargain buying

Chicago | Reuters — Chicago Mercantile Exchange lean hogs finished higher on Friday after short covering and bargain buying pared some of the market’s recent losses tied to fears about NAFTA negotiations, said traders. On Wednesday, Mexico said it would withdraw from the North American Free Trade Agreement, following Canadian government worries that the U.S.




A freight train at Manchac, La., about 75 km east of Baton Rouge. (CN.ca)

Canadian companies struggle to plan for post-NAFTA world

Toronto | Reuters — Canadian industries that would be most acutely impacted by the death of the North American Free Trade Agreement are unable to meaningfully plan for a possible post-NAFTA world given the uncertainty of what could replace it, analysts and executives said. With three quarters of Canadian exports landing in the U.S., the