Beijing | Reuters – China and France signed contracts totalling $15 billion during a visit by President Emmanuel Macron, a Chinese government official told a news briefing on Wednesday. Deals were struck in the fields of aeronautics, energy and agriculture, including approval for 20 French companies to export poultry, beef and pork to China. They also agreed to expand […] Read more
China, France sign deals worth $15 bln during visit
China to resume imports of Canadian beef and pork
Reuters – China will resume imports of Canadian beef and pork, Prime Minister Justin Trudeau said on Tuesday, some four months after Beijing blocked shipments amid an escalating diplomatic feud between the two countries. “Good news for Canadian farmers today: Canadian pork and beef exports to China will resume,” Trudeau tweeted. The Chinese embassy in […] Read more
Canada forgotten as U.S. president strikes trade deal with Beijing
Canola and pork producers suffer another blow as politics and president’s deal making rule the day
Reading Time: 4 minutes A new trade agreement with China that President Donald Trump is touting as “the biggest deal ever made” for the American ag sector is another blow for Canadian farmers. And it’s a hard one to take since China slammed the door on Canadian canola seed and pork after Canada detained Huawei executive Meng Wanzhou on […] Read more
No country immune to risk of African swine fever spreading: OIE
Paris | Reuters – African swine fever will spread further across Asia where it has devastated herds, and no country is immune from being hit by the deadly animal virus, the head of the World Organisation for Animal Health (OIE) said on Wednesday. The disease, which has hit the world’s top pork producer China hard, […] Read more
Bunge shares slide as China trade war, pig disease upset exports
Reuters – Agricultural merchant Bunge Ltd warned on Wednesday of a drop in annual profits due to mounting challenges to its grain trading and processing business from the U.S.-China trade war and a fatal pig disease in Asia, sending shares down more than 4 percent. The company reported better-than-expected third-quarter profits, driven by higher margins […] Read more
Beijing’s refusal to order U.S. farm buys becomes pain point
Washington/Beijing/Reuters – U.S. President Donald Trump’s demand that Beijing commit to big purchases of American farm products has become a major sticking point in talks to end the Sino-U.S. trade war, according to several people briefed on the negotiations. Trump has said publicly that China could buy as much as $50 billion of U.S. farm […] Read more
Canada, China meet over canola stalemate
[UPDATED: Oct. 31, 2019] Glacier FarmMedia – Canada and China finally had a face-to-face meeting *Oct. 28 in Geneva on China’s de facto import ban of Canadian canola seed. The private consultation under the auspices of the World Trade Organization (WTO) went well, according to Brian Innes, the Canola Council of Canada’s *vice-president of public […] Read more
China to request U.S. remove tariffs in exchange for ag buys
Washington | Reuters – Top U.S. and Chinese trade officials will discuss plans on Friday for China to buy more U.S. farm products, but in return, Beijing will request cancellation of some planned and existing U.S. tariffs on Chinese imports, people briefed on the talks told Reuters. Robert Lighthizer, the United States Trade Representative, U.S. […] Read more
ICE weekly outlook: Rangebound canola vulnerable to losses
MarketsFarm — ICE Futures canola contracts moved lower during the week ended Wednesday and may have more room to the downside, despite persistent harvest delays across Western Canada. “Overall, we’re still rangebound, but we’re going to the lower part of the trading window,” said analyst Errol Anderson of Pro Market Communications in Calgary. “Canola is […] Read more
U.S. grains: Harvest pace drags on corn, soybeans
Chicago | Reuters — U.S. soybean futures ended flat on Wednesday as optimism that China would significantly increase U.S. export purchases after offering to waive tariffs was overshadowed by a lack of confirmed buying and an accelerating U.S. harvest. Corn was also flat on harvest pressure and limited demand, while wheat firmed in a modest […] Read more
Cyber-Savvy Farmer
