EU states gave a provisional go-ahead on Friday for the bloc to sign its largest ever free trade accord with South American group Mercosur, more than 25 years since talks began.
Reuters
EU states back record South America trade deal after 25 years
World food prices extend fall in December, UN’s FAO says
World food prices declined for a fourth consecutive month in December, marking the lowest average since January, the United Nations’ Food and Agriculture Organization said on Friday.
U.S. grains: Wheat futures backpedal as US rains ease weather worries
Chicago | Reuters – U.S. wheat futures backpedaled from their highest levels in nearly two weeks on Thursday as rains eased concerns over dry weather in U.S. growing areas, analysts said. Corn futures set their highest level in more than a week before finishing slightly lower, and soybeans also slipped. Traders adjusted positions in the […] Read more
Mexico’s active screwworm cases down 57 per cent since mid-December, ministry says
Mexico’s active cases of New World screwworm, which have kept the U.S. border closed to Mexican cattle imports, have fallen 57 per cent since mid-December.
U.S. grains: Wheat futures set one-week highs as dryness stokes crop worries
Chicago | Reuters – U.S. wheat futures jumped to their highest level in more than a week on Wednesday as dry weather fuelled concerns about crop conditions in the key Plains region, analysts said. Soybean and corn futures also topped one-week highs following recent sales of U.S. soy to top importer China. Wheat and soybean […] Read more
Brazil surpassing U.S. as top beef producer, easing global supply squeeze
Brazil surpassed the U.S. as the world’s top beef producer last year, according to market estimates, after the South American country beat output forecasts by hundreds of thousands of tons, easing a global supply squeeze and helping limit a surge in meat prices.
Carney to visit China next week, spokesperson says
Prime Minister Mark Carney will visit China January 13-17, his office said on Wednesday, in what will be the first visit by a Canadian prime minister since 2017.
U.S. grains: Soybeans retreat from one-week high on China purchases
Chicago | Reuters – Chicago Board of Trade soybean futures ended lower on Tuesday after jumping earlier to a one-week high as top importer China bought more U.S. supplies. Corn and wheat futures also finished weaker, with agricultural markets pulling back from gains during the previous session. Soybean futures turned down after the U.S. Department […] Read more
EU summons farm ministers to secure Mercosur deal support
The European Union has convened EU agriculture ministers for last-minute talks on Wednesday to convince Italy and other wavering member countries to sign up to a contentious free trade deal with South American bloc Mercosur.
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.