GFM Network News


File photo of a pineapple field in Taiwan. (Bing-Jhen Hong/iStock/Getty Images)

Taiwan applies to join Pacific trade pact week after China

Taipei | Reuters — Taiwan has formally applied to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the government said Wednesday, less than a week after China said it too had submitted an application. Taiwan has been angling to join the grouping for a while and had already been discussing the issue informally […] Read more

Beef is on display at a Walmart in Beijing on Sept. 23, 2019. (File photo: Reuters/Tingshu Wang)

China applies to join Trans-Pacific trade pact

Second-biggest economy seeks to add to economic clout

Updated, Sept. 17 — Beijing | Reuters — Japan said it would have to determine if China meets the “extremely high standards” of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) after the world’s second-biggest economy formally applied to join. Commerce Minister Wang Wentao submitted China’s application to join the free trade agreement in […] Read more


CBOT December 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn, soy rise on export hopes

Wheat futures dip on profit taking

Chicago | Reuters — Chicago Board of Trade corn and soybean futures rose on Wednesday, as concerns about dry conditions in key global production areas of South America boosted export prospects for both U.S. commodities. Strength in the cash market also supported gains in corn and soybean futures, traders said. CBOT soft red winter wheat […] Read more



A view from the steps of Memorial Hall in Taiwan’s capital, Taipei. (CIA.gov)

Taiwan again accepting Canadian UTM beef

One of the top international importers of Canadian beef is back in the market after closing its ports to the product last year. Agriculture Minister Lawrence MacAulay and Trade Minister Chrystia Freeland on Friday announced Taiwan will again accept beef from Canadian cattle under 30 months of age (UTMs), effective immediately. Taiwan had pulled the […] Read more