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Canadian Agriculture and Food Industry Calls for Government Action to Restore Essential Transport and Trade Corridors

With the prolonged disruptions at Canada-U.S. border crossings, Canada’s agriculture and food industry is calling for an immediate conclusion of the blockades and for all levels of government to work collaboratively towards action to reinstate integral transport and trade corridors.

Transport of fruits and vegetables, meat, food packaging, feed supplies, livestock shipments, transport equipment, and integral inputs for agriculture and food processing have already been seriously impacted by the blockades. These blockades are impacting the livelihoods of Canadian farm families, the further businesses they are connected to and the timely supply and delivery of essential goods.

Canada and the U.S. have the largest two-way trade of essential goods and each day the blockades continue further strains these integral supply chains and the Canadian economy. In 2020, Canada and the U.S. traded $50 billion CDN dollars of agriculture and food for an average of $137 million per day with Coutts, Alberta, Emerson, Manitoba, and the Ambassador bridge being key trade routes for these goods.

The signatories below are requesting immediate action by all parties to fully reopen Canada’s trade corridors. This is imperative to the livelihoods of Canadian agriculture businesses and key to maintaining Canada’s strong reputation as a stable trading nation.

Source : cattle.ca

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Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?

Video: Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?


Historically, the USDA December crop report is a non-event or another dud report as the USDA reserves any final supply changes to the final report in January of the following year in this case 2026. But after the longest U.S. government shutdown in history at 43 days and no October crop report will they provide more data/surprise and make an exception?
Our China U.S. soybean purchase tracker is now at 26.6% or a total of 3.2 mmt but for traders it’s taking too long to unfold.
The final Stats Canada production report was bearish canola and wheat projection a record crop in both (it adds to the global glut of supplies) and bullish local corn and soybean prices in Ontario/Quebec thanks to a drought. It will not help the fund flow short-term, the USDA may need to offset it?
A U.S. Fed interest rate cut of another 25-basis point next Wednesday (probability 87.1%) could help fund flow and sentiment in stock and ag commodities into year end.
More inflows into Bitcoin this past week saw prices rebound back above 90,000 with support at 82,000 and resistance at 96,000.
A V-shaped bottom in cattle suggest the lows are in after Mexico reported another new world screwworm case. Lower weights, seasonal demand and higher U.S. beef select/choice values with a continued closure of the Mexican border to cattle will result in a resumption of higher cattle futures into yearend.
Australia is expected to produce its 3rd largest wheat crop ever at 36 mmt adding to the global glut of supplies.
Reports of ASF in hogs in Spain the largest pork exporter in Europe could see the U.S. win more pork export business long-term.
If the rains verify into next week of 3-5 inches for Brazil it would go a long way to fixing the dry regions from the last 2-months, but the European weather model has been wrong for the past 2-months!
Natural gas futures are surging to the 3rd price count as frigid hold temps set in.
CDN $ is also surging to end the week on a very resilient economy and better employment numbers suggesting no interest rate cuts next week.
Finally, the CFTC report showed funds were net buyers of soybeans but sellers of corn, canola and wheat. In real time the funds have gone back to selling as they take some profits.