A trade deal between China and Canada has damaged Australia’s hopes of becoming China’s main supplier of canola, but the Pacific nation’s access to the world’s biggest oilseed importer has significantly improved, traders and analysts said.
Australian canola down but not out of China after Xi’s deal with Canada
China buys more Canadian canola
Chinese importers secured up to 10 Canadian canola cargoes following Prime Minister Mark Carney’s visit to Beijing earlier this month, two trade sources told Reuters.
China hits 12 million ton U.S. soybean target pledged in trade truce
China has bought about 12 million metric tons of U.S. soybeans, fulfilling a U.S.-stated pledge to purchase that volume by the end of February, three traders told Reuters on Tuesday, after a late-October trade truce spurred buying.
Chinese importer buys Canadian canola after Carney visit
A Chinese importer bought a cargo of Canadian canola shortly after Canadian Prime Minister Mark Carney’s visit to Beijing last week, trader sources said.
Ahead of Carney visit, China rapeseed meal prices slide near two-week low
China’s most active Zhengzhou rapeseed (canola) meal futures fell on Monday, hovering near their lowest point in more than two weeks, as news of Prime Minister Mark Carney’s visit to China this week boosted sentiment around a potential canola-related deal.
China buys more US soybeans, total purchases near 10 million tons
China’s state stockpiler Sinograin bought 10 U.S. soybean cargoes this week, three traders told Reuters on Tuesday, as the world’s top buyer continues purchasing from the United States following a late-October trade truce.
China imports no US soybeans for third month; Argentine arrivals up 634 per cent
China imported no soybeans from the United States for a third straight month in November, as buyers turned to South American supplies amid fears of a shortfall if the trade war with Washington dragged on.
Relief as new China ruling lowers EU pork tariffs
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China on Tuesday sharply reduced tariffs on European Union pork imports worth over $2 billion in the final ruling of an anti-dumping investigation seen as a response to the bloc’s duties on Chinese electric vehicles.
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.
Cyber-Savvy Farmer
