Global food commodity prices declined in May, driven by marked drops in cereal, sugar, and vegetable oil prices, the United Nations's Food and Agriculture Organization said on Friday.
World food prices dip in May as cereal, sugar and vegoils drop
FAO forecasts record global cereal production in 2025
U.S. grains: Chicago futures firm on weather, U.S.-China trade optimism
Chicago grains and soybeans firmed on Friday as expectations improved for U.S.-China trade relations after leaders of the two countries spoke and agreed to further discussions.
India’s Modi to attend G7 summit in Canada
India and Canada to work together “with renewed vigour”
India's Prime Minister Narendra Modi said he looked forward to meeting his Canadian counterpart Mark Carney during the G7 summit, after the latter invited him to the gathering over a phone call on Friday.
China seeks improved ties with Canada amid rising trade tensions
Carney and Li agreed to establish regular communication channels
China called on Friday for steps to improve bilateral ties with Canada, saying there were no deep-seated conflicts of interest, following a spike in trade tensions with many of Beijing’s Western trade partners this year.
U.S. grains: Soybean futures rise on U.S.-China trade optimism
Wheat futures rise amid Russia-Ukraine tensions
Chicago Board of Trade soybean futures climbed to a one-week high on Thursday on optimism about the U.S. trade relationship with China, the world's largest soybean buyer, after leaders of the two countries spoke by phone for more than an hour.
China blocks Canada’s request for review of Chinese duties on agriculture, fish
Next meeting June 23
China has blocked Canada's request to set up a dispute panel to review additional import duties by China on certain Canadian farming products and fish, a Geneva-based trade official said on June 5.
U.S. grains: Wheat prices climb amid Ukraine-Russia unrest
China's dry weather may impact wheat harvests
U.S. wheat futures rose more than one per cent on Wednesday as signs of a hardening conflict between Ukraine and Russia and worries about dryness in China appeared to spark a round of short-covering, analysts said.
Two Chinese researchers accused of smuggling ‘potential agroterrorism weapon’ into U.S.
Fusarium poses threat
U.S. federal prosecutors have accused two Chinese nationals of smuggling a dangerous biological pathogen that had the potential to be used as an agricultural terrorism weapon into the United States for research.
EU farmers raise alarm over Mercosur, Ukraine trade deals
Comments come ahead of visit by Brazil’s Lula
French and Spanish farmers warned on Wednesday that a flood of imports under planned European Union trade agreements with South American bloc Mercosur and Ukraine risked severely undermining European agriculture.
U.S. grains: Soybeans buoyed by higher crude oil; wheat sags
Chicago | Reuters — U.S. soybean futures rose on Tuesday, rallying from a seven-week low struck a day earlier, as strong crude oil prices lifted soyoil futures and traders weighed expectations that the leaders of United States and top global soy buyer China will speak this week. Corn futures bounced after dipping to multi-month lows […] Read more
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