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Canada/U.S. border signage in downtown Detroit. (RiverNorthPhotography/Getty Images)
Markets

CUSMA pact to take effect July 1, USTR says

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Washington | Reuters — U.S. Trade Representative Robert Lighthizer on Friday said he has notified Congress that the new U.S.-Mexico-Canada trade agreement will take effect on July 1, a month later than initially proposed. In a statement, Lighthizer said both Mexico and Canada had taken measures necessary to comply with their commitments under the U.S.-Mexico-Canada
A canola field near Pincher Creek, Alta. (Laughingmango/E+/Getty Images)
Markets

Ag industry a potential ‘bright spot,’ post-pandemic

Agriculture could lead economic rebuild, ATB official says

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Alberta’s ag sector will be key in rebuilding the province’s economy once the pandemic is over, says the director of research for economics at ATB Financial. “Overall, I think one of the bright spots in a really dark economic situation in the province is our agriculture and agri-food sector,” Rob Roach said. “It’s still producing.
The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)
Crops, Markets

CBOT weekly outlook: Bargain buying lifts some commodities

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MarketsFarm — Despite an ever-changing economic environment due to the global COVID-19 pandemic, ag commodity prices may be sheltered from the worst bearish sentiments. “Global import businesses have taken off this week due to lower commodity prices,” said Terry Reilly of Futures International in Chicago. “If we do see an economic slowdown, we’ll probably see
(Video screengrab from CBSA-asfc.gc.ca)
Markets

U.S.-Canada border to temporarily close to nonessential travel

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Washington/Ottawa | Reuters — The U.S.-Canada border will close to nonessential traffic, U.S. President Donald Trump tweeted on Wednesday, saying details on the move would be announced later but that it would not affect trade between the two countries. “We will be, by mutual consent, temporarily closing our Northern Border with Canada to non-essential traffic.
A freighter is loaded with grain from a terminal at Vancouver’s Burrard Inlet. (Maxvis/iStock/Getty Images)
Crops

Handlers focus on keeping grain moving despite COVID-19

Grain companies, Canadian Grain Commission working but unsure of future

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Canada’s grain companies are committed to keeping grain moving to domestic and export customers, but how the spread of COVID-19 might affect business is still an unknown, says Wade Sobkowich, executive director of the Western Grain Elevator Association. “We are are going to do everything in our power to keep grain moving at this time,”
An image created by Nexu Science Communication, together with Trinity College in Dublin, shows a model structurally representative of a betacoronavirus, the type of virus linked to COVID-19. (Nexu Science Communication via Reuters)
Markets

Fraser: What will be the long-term impact of COVID-19?

Analysis: A pandemic runs the risk of driving nations further apart

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As developments around the COVID-19 coronavirus change rapidly, I can’t help but speculate on the longer-term effects of it. By now, much has been made of the economic impact it — alongside the Saudi Arabia-Russia oil trade war — will have on global economies. While it’s guesswork to estimate the total impact without knowing how
Cups of lassi, a traditional Indian yogurt drink, at a food stall. (Jedraszak/iStock/Getty Images)
Livestock, Markets

India offers U.S. dairy, chicken access in bid for elusive trade deal

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New Delhi/Washington | Reuters — India has offered to partially open up its poultry and dairy markets in a bid for a limited trade deal during U.S. President Donald Trump’s first official visit to the country this month, people familiar with the protracted talks say. India, the world’s largest milk-producing nation, has traditionally restricted dairy

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