GFM Network News


China denies ‘coercive’ diplomacy with Canada

Envoy again urges release of Huawei executive

Ottawa | Reuters — China on Thursday denied it had taken two Canadian men hostage, and repeated a call for the release of a Huawei Technologies executive held in Canada who faces extradition to the United States amid a long-running diplomatic dispute. Huawei chief financial officer Meng Wanzhou, a Chinese citizen, was arrested in Vancouver […] Read more

China says could take more action against Canada

Ottawa and allies 'kicking against the pricks,' foreign ministry says

Beijing | Reuters — China said on Monday it reserved the right to take more action after Canada suspended its extradition treaty with Hong Kong and said efforts to pressure Beijing were “doomed to fail like kicking against the pricks.” Chinese foreign ministry spokesman Zhao Lijian made the remarks about the potential for more action […] Read more


U.S. grains: Soybeans up on China sales hopes

Wheat down on U.S. harvest; rains seen for Black Sea

Chicago | Reuters — U.S. soybean futures hit a three-week high on Tuesday on confirmation of U.S. soy sales to top global importer China and signs of an improving export outlook, traders said. Wheat futures fell as the U.S. winter wheat harvest got rolling while corn ended modestly higher. Chicago Board of Trade July soybeans […] Read more

U.S. grains: Soybeans end fractionally lower amid China trade woes

Corn pulls back on fair weather; wheat slips as U.S. harvest gets underway

Chicago | Reuters — U.S. soybean futures closed fractionally lower after a choppy session on Monday as brokers weighed pressure from rising U.S.-China trade tensions against news of fresh U.S. soybean sales to the Asian country, traders said. Corn fell on an above-average planting pace and fair weather forecasts across the Midwest that should support […] Read more


China tells state firms to halt purchases of major U.S. farm products

Purchases of soybeans, pork, corn, cotton on hold

Beijing/Singapore | Reuters –– China has told state-owned firms to halt purchases of soybeans and pork from the United States, two people familiar with the matter said, after Washington said it would eliminate special treatment for Hong Kong to punish Beijing. Large-volume state purchases of U.S. corn and cotton have also been put on hold, […] Read more

U.S. grains: Corn, soybeans slide on China tensions

Midwest weather poses risks for wheat

Chicago | Reuters — U.S. corn and soybean futures fell on Friday as escalating U.S.-China tensions over Beijing’s proposed restrictions on Hong Kong dampened markets after a week of gains. Three sources told Reuters China may reduce U.S. agricultural imports if Washington issues a severe response to Beijing’s push to impose national security laws on […] Read more


U.S. livestock: Cattle futures end lower ahead of weekend

CME lean hogs mostly up

Chicago | Reuters — U.S. live cattle futures retreated on Friday in a profit-taking and technical selling setback ahead of the weekend amid weakening beef prices and concerns about lower-than-normal summer demand as much of the economy remains partially closed. Lean hog futures clawed back earlier losses to end mostly higher as an early drop […] Read more



Canada, other countries raise meat inspection bar for Brazil

Winnipeg/Chicago | Reuters — Meat-importing countries from North America to Europe and Asia have tightened inspection standards for shipments from Brazil in a bid to protect consumers, following a probe into possible corruption involving inspectors. The Canadian Food Inspection Agency (CFIA) said on Wednesday that the tighter inspection standards it enacted in April have resulted […] Read more