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USDA Anticipate 50% Increase in Winter Wheat Production

Despite dry weather in the past month, Indiana farmers anticipate good wheat yields in 2023.

Nathanial Warenski, State Statistician of the USDA  Indiana Field Office says the Indiana winter wheat production is anticipated to be 29.3 million bushels, up 50 percent from last year on more harvested acres.

The crop condition was rated 79 percent good to excellent at the beginning of June compared to 64 percent a year ago.

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Canada reaches tariff deal with China on canola, electric vehicles

Video: Canada reaches tariff deal with China on canola, electric vehicles

Canada has reached a deal with China to increase the limit of imports of Chinese electric vehicles (EVs) in exchange for Beijing dropping tariffs on agricultural products, such as canola, Prime Minister Mark Carney said on Friday.

The tariffs on canola are dropping to 15 per cent starting on March 1. In exchange for dropping duties on agricultural products, Carney is allowing 49,000 Chinese EVs to be exported to Canada.

Carney described it as a “preliminary but landmark” agreement to remove trade barriers and reduce tariffs, part of a broader strategic partnership with China.