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Canadian Cattlemen’s Association Says ‘Bring on EU Trade’

European Trade Deal Vital for Canadian Cattle Industry

By , Farms.com

The Canadian Cattlemen’s Association is advocating for more trade opportunities for Canadian beef farmers. The lobby group is in favour of securing more export markets including the proposed European Union Trade deal. The association held a town hall meeting Wednesday night with beef producers in Chesley, Ontario, where farmers expressed their anticipation for the EU trade deal to go through. President of the CCA Martin Unrau, echoed beef producers thoughts on the trade deal noting that the EU trade deal is crucial for the Canadian beef industry.

The CCA also has high hopes for increased exports to South Korea, Japan, China, Russia and Mexico. CCA supporters seemed optimistic at the gathering, with many beef producers seeing the beef industry having a vibrant future ahead. Although, the beef sector is good right now, the CCA continues to push for a national price insurance program to bring more stability for Canadian beef producers.


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Funds Ditch Ag Commodities, Chase Stocks Amid an End to Middle East War, & Trade Deal Buzz

Video: Funds Ditch Ag Commodities, Chase Stocks Amid an End to Middle East War, & Trade Deal Buzz


The 12-day war between Iran-Israel came to an end sending crude oil futures plunging as the big fund speculators removed the war risk premium.

The weather risk premium in the Ag complex is sending corn, wheat and soybean futures lower on month-end selling ahead of the market moving USDA quarterly grain stocks and acreage reports on June 30th.

Instead, funds were chasing and sending tech stocks higher with the S&P 500/NASDAQ indexes setting new all-time record highs!

June 1 USDA Hogs and pigs report was slightly bearish while the U.S. $ Index traded to new contract lows as the de-dollarization that began in 2014 continues.

Feed in the form of soybean meal futures for livestock producers got cheaper, trading to new contract lows.

The Stats Canada seeded acreage update was bullish canola and wheat.