Canada
Vince Boddicker with Farmers Trading Company says the market disregarded flash export sales for corn and soybeans and instead funds took some profits after a sizable rally staged in August and early September and before the WASDE.
The monitor overseeing the court-supervised sale of 274,000 acres can begin designating winning bids as of Sept. 1.
Former US Trade Representative Bob Lighthizer says Mexico, not Canada, will be the biggest test in USMCA talks, citing trade deficits. That’s as agriculture leaders push to protect billions in North American trade.
The Canadian bankruptcy court continues to support Monette Farms’ efforts to restructure and satisfy creditors.
China has resumed its purchases of Canadian canola, an early sign of a revival in the trade
Canada has agreed to lower tariffs on 49,000 Chinese electric vehicles, as part of a deal aimed at rebuilding ties with Beijing.
Hay and livestock producers are finishing up a solid year and specialized equipment like balers, loader tractors and feed trucks are seeing high dollar bids on the used farm equipment auction circuit.
This week’s Machinery Pete “Pete’s Pick of the Week” is a nearly 40-year-old John Deere tractor beloved by farmers for decades now, and Pete gets you ready for an active week on the used farm equipment auction circuit.