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Farmers demanding higher bids from grain dealers could contribute to rising prices at the grocery store.
Crops, News

U.S. farmers look for premium on remaining 2021 crop

Sellers remain stubborn in the U.S., waiting to see what happens

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Reuters – American grain buyers will have to boost prices to pry farmers’ corn and soybeans from their bins as growers are already flush with cash and can afford to wait and see if the market rallies. “I assume we are going to have to bid up throughout the summer,” a grain dealer in Ohio
Photo: File
Crops

Larger U.S. barley crop expected in 2022

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MarketsFarm — Barley production in the U.S. is forecast to be up substantially in 2022, with early indications pointing to the largest crop in seven years. In its latest production estimates, the U.S. Department of Agriculture forecast the country’s 2022 barley crop at 3.8 million tonnes, which would be up from the 2.6 million tonnes
A Mexican port-of-entry sign on Highway 92 near Naco, Arizona. (Rex_Wholster/iStock/Getty Images)
Markets

CUSMA leaders to discuss agreement during Mexico visit

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Mexico City | Reuters — U.S. President Joe Biden and Canadian Prime Minister Justin Trudeau will discuss terms of the Canada-U.S.-Mexico (CUSMA) agreement, which was ratified in 2018, during a visit to Mexico, Mexican President Andres Manuel Lopez Obrador said Monday. “We’ll have a summit to discuss terms of the trade agreement treaty… in Mexico,”
News

Biden administration putting up US$2.1 billion to strengthen food system

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Reuters – The Biden administration plans to spend more than US$2.1 billion in funding to shore up weaknesses in the country’s food supply system exposed during the COVID-19 pandemic and the aftermath of the Russian invasion of Ukraine. U.S. Agriculture Secretary Tom Vilsack will unveil the new funding, designed to enhance competition in food processing
(Qingwa/iStock/Getty Images)
Crops, Markets

June USDA report includes few changes or surprises

U.S. corn, soybean carryout projections down from May's

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MarketsFarm — There were only a handful of major changes in the monthly supply and demand report released Friday by the U.S. Department of Agriculture (USDA). “I thought it was neutral to a little bit friendly,” said Terry Reilly, grains analyst with Futures International in Chicago. Perhaps most notable were the ending stocks for new-crop
U.S. beef pricing bill on Canadian radar
Livestock, News

U.S. beef pricing bill on Canadian radar

The Canadian sector says U.S. packer competition and price discovery are good for cattle producers north of the border

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The United States is pondering federal legislation to boost competition among beef packers and improve cattle price discovery, and the Canadian cattle industry is watching closely. “Producers in general, but more specifically cattle and beef producers on both sides of the border, crave better price transparency and price discovery,” Manitoba Beef Producers president Tyler Fulton
Rep. Glenn 'GT' Thompson speaks to reporters in Washington, D.C. in late April 2022.
Livestock, News

Dairy market access in U.S. crosshairs

Canada says its new TRQ policy is trade-compliant

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The American dairy industry is clamouring for its federal government to slap retaliatory tariffs on Canada for what they say is policy restricting U.S. access to Canada’s dairy market. At issue is Canada’s dairy tariff-rate quota (TRQ) allocation, which was the subject of a CUSMA (Canada-United States-Mexico Agreement) dispute panel last year. TRQ holders are
(RyanJLane/E+/Getty Images)
Livestock, News

Canada concerned as COOL talk builds on Capitol Hill

The U.S. seeks ways to resurrect country-of-origin labelling without sparking another WTO complaint from Canada

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Democrats and Republicans in the U.S. don’t agree on much, but in trade protectionism, there’s common cause. That’s why increasing bipartisan talk on Capitol Hill to resurrect COOL (country-of-origin labelling) for U.S.-sold beef, has Canada’s meat sector on guard. COOL is back in the headlines, seven years after a lengthy World Trade Organization (WTO) dispute

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