China and India figured prominently in the September export data issued by the Canadian Grain Commission on Nov. 7. For the most part, the CGC’s numbers highlighted issues with grain, oilseed and pulse exports from licensed facilities to those countries.
Notable changes in exports to China, India
China lifts Brazilian poultry imports ban over bird flu
China lifted a ban linked to Brazil’s avian influenza outbreak, the country’s General Administration of Customs said in a notice released on Friday.
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.
Carney agrees to visit China after meeting Xi
Prime Minister Mark Carney agreed to visit China after meeting with President Xi Jinping on Friday, in an encounter that may have marked a turning point but offered no breakthroughs on trade.
China to buy 12 million metric tons of soybeans this season, Bessent says
U.S. Treasury Secretary Scott Bessent said on Thursday that China has agreed to buy 12 million metric tons of American soybeans during the current season through January and has committed to buying 25 million tons annually for the next three years as part of a larger trade agreement with Beijing.
Carney to meet China’s Xi in South Korea
Prime Minister Mark Carney will meet with Chinese President Xi Jinping on Friday afternoon in South Korea, the prime minister’s office said on Thursday.
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.
Federal agriculture minister to meet with Chinese officials, business leaders
Federal Agriculture Minister Heath MacDonald is in China this week in hopes of strengthening agricultural ties between the countries.
ICE Weekly: No upside for canola if China situation continues: trader
Tony Tryhuk of RBC Dominion Securities said canola should stay rangebound if Canada’s trade war with China continues.
Cyber-Savvy Farmer
