China’s most active Zhengzhou rapeseed (canola) meal futures fell on Monday, hovering near their lowest point in more than two weeks, as news of Prime Minister Mark Carney’s visit to China this week boosted sentiment around a potential canola-related deal.
Ahead of Carney visit, China rapeseed meal prices slide near two-week low
China buys more US soybeans, total purchases near 10 million tons
China’s state stockpiler Sinograin bought 10 U.S. soybean cargoes this week, three traders told Reuters on Tuesday, as the world’s top buyer continues purchasing from the United States following a late-October trade truce.
China imports no US soybeans for third month; Argentine arrivals up 634 per cent
China imported no soybeans from the United States for a third straight month in November, as buyers turned to South American supplies amid fears of a shortfall if the trade war with Washington dragged on.
Relief as new China ruling lowers EU pork tariffs
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China on Tuesday sharply reduced tariffs on European Union pork imports worth over $2 billion in the final ruling of an anti-dumping investigation seen as a response to the bloc’s duties on Chinese electric vehicles.
Beijing lifts some tariffs on U.S. farm goods but soybeans stay costly
China will suspend retaliatory tariffs on U.S. imports, including duties on farm goods, after last week’s meeting of the two countries’ leaders, Beijing confirmed on Wednesday, but imports of U.S. soybeans still face a 13 per cent tariff.
China rapeseed meal futures see largest one-day gain in almost three months after Xi–Carney talks
China’s most active Zhengzhou rapeseed (canola) meal futures posted their largest daily gain in nearly three months on Monday, after Canadian Prime Minister Mark Carney and Chinese President Xi Jinping met in South Korea last week without securing a breakthrough on tariffs.
China buys U.S. soybean cargoes ahead of Trump-Xi meet, sources say
China’s state-owned COFCO bought three U.S. soybean cargoes, two trade sources said, the country’s first purchases from this year’s U.S. harvest, shortly before a summit of leaders Donald Trump and Xi Jinping.
China holds off on soybean purchases due to high Brazil premiums, traders say
China has yet to secure much of its soybean supply for December and January as high premiums for Brazilian cargoes discourage buyers.
China snaps up Australian canola after trade spat with Canada, sources say
Chinese state trading firm COFCO has bought up to nine 60,000-metric-ton cargoes of Australian canola, three trade sources told Reuters, after Beijing last month imposed preliminary anti-dumping duties on imports of the oilseed from traditional supplier Canada.
China boosts soybean buys from Argentina, Uruguay amid U.S. trade war, sources say
China has yet to book US soybean imports for fourth quarter
China's soybean importers are boosting purchases from Argentina and Uruguay over the next year to fill the supply gap left by the absence of U.S. shipments as the trade war drags on.
Cyber-Savvy Farmer
