Insights and Stories on Tariffs

Nov. 22, 2020 at 1:31 am CST

London/Toronto | Reuters — Britain and Canada struck a rollover trade deal on Saturday to protect the flow of almost $35 billion-worth of goods and services between them after Brexit, and vowed to start talks on a bespoke agreement next year. As Britain prepares to end its transition out of […]

By Amran Abocar, Kate Holton

Nov. 16, 2020 at 7:24 pm CST

Sydney/Paris | Reuters — Out in Australia’s grain fields, farmers have started harvesting one of their biggest-ever barley crops, after drought-relieving rains convinced many to plant to the edges of their paddocks. Yet the tractors are working under the cloud of a new tariff imposed by China — seen widely […]

By Gus Trompiz, Jonathan Barrett

Nov. 9, 2020 at 5:09 pm CST

MarketsFarm — Lentil prices in Western Canada saw a counter-seasonal rally at the end of harvest and are likely to sustain that rally into winter. “Prices are going to keep going higher,” Darcy Barie, a commodity buyer with Verdient Foods at Vanscoy, Sask., said. Ahead of the 2020 harvest, red […]

By Marlo Glass – MarketsFarm

Nov. 2, 2020 at 2:40 pm CST

Sydney | Reuters — China has rejected Australia’s appeal to scrap a tariff on its barley exports, two sources familiar with the matter told Reuters, all but closing the door on a trade worth about A$1.5 billion (C$1.4 billion) in 2018. The rejection comes after Australia sought a formal review […]

By Colin Packham

Sep. 29, 2020 at 3:58 pm CDT

MarketsFarm — Canadian pea and lentil markets have shown some post-harvest strength in recent weeks, with good offshore demand providing support. “On the yellow pea side, it’s China, and on lentils, it’s basically India,” Marcos Mosnaim, of Globeways Canada, said of the strength in both markets. Yellow peas are currently […]

By Phil Franz-Warkentin