agricultural products Archives

U.S. sees progress on China trade deal’s ag provisions

China makes first U.S. hard red wheat buy since 2017

By Reuters, GFM Network News March 24, 2020

Washington | Reuters — The U.S. and China have made progress in implementing the agriculture-related provisions of their Phase One trade deal that took effect on Feb. 14, the U.S. Department of Agriculture (USDA) and U.S. Trade Representative said on Tuesday. In a joint statement, they listed a number of steps taken that should help […] Read more

Chinese Vice-Premier Liu He and U.S. President Donald Trump shake hands after signing “Phase One” of a U.S.-China trade agreement during a ceremony at the White House in Washington on Jan. 15, 2020. (Photo: Reuters/Kevin Lamarque)

General, Markets, Reuters

‘Market condition’ caveat on U.S. ag purchases adds to Phase One doubts

By Reuters, GFM Network News January 15, 2020

Chicago | Reuters — China’s pledge to buy U.S. farm goods based on “market conditions” during the Phase One trade deal signing ceremony on Wednesday added to doubts among farmers and commodity traders over the lingering tariffs on U.S. exports. The agreement, meant to reduce tensions after nearly two years of a tit-for-tat tariff war, […] Read more

General, Markets, Reuters

U.S., China reset trade relationship with Phase One agreement

By GFM Network News January 15, 2020

Washington | Reuters — The United States and China announced an initial trade deal on Wednesday that will roll back some tariffs and boost Chinese purchases of U.S. goods and services, defusing an 18-month conflict between the world’s two largest economies. Beijing and Washington have portrayed their “Phase One” agreement as a momentous step after […] Read more

U.S. President Donald Trump appears with China’s President Xi Jinping at the start of their bilateral meeting at the G20 leaders summit in Osaka on June 29, 2019. (File photo: Reuters/Kevin Lamarque)

General, Markets, Reuters

U.S. farmers suffer ‘body blow’ as China slams door on farm purchases

By GFM Network News August 5, 2019

Beijing | Reuters — Chinese companies have stopped buying U.S. agricultural products, China’s commerce ministry said on Tuesday, a blow to U.S. farmers who have already seen their exports slashed by the more than year-old trade war. China may impose additional tariffs on U.S. farm products bought shortly before the purchase ban took effect, China’s […] Read more

File photo of apples in a U.S. supermarket. (CHUYN/iStock/Getty Images)

Crops, Markets

Canada gearing up to slap more tariffs on U.S. imports

By Allan Dawson, GFM Network News April 9, 2019

Canada will update its list of U.S. imports, including farm products, on which it will place tariffs in retaliation to U.S. tariffs on imported Canadian steel and aluminum, David MacNaughton, Canada’s ambassador to the United States, said Monday. “The intention… is not to escalate anything but simply to do what we said we’d do — […] Read more

Crops, Machinery, Reuters

Alberta to buy rail cars for oil

By GFM Network News November 28, 2018

Ottawa | Reuters — The Alberta government is in talks to buy rail cars to transport 120,000 barrels per day of crude oil and expects a deal to conclude within weeks, Premier Rachel Notley said Wednesday, as the province takes actions to move oil stuck in the region because of a lack of pipeline capacity. […] Read more

General, Markets, Reuters

Amid fresh Trump tension, negotiators seek NAFTA progress

By GFM Network News February 26, 2018

Mexico City | Reuters — U.S., Mexican and Canadian negotiators met on Monday seeking to narrow disagreements on how to overhaul the NAFTA trade deal despite renewed signs of tension between Mexico and U.S. President Donald Trump over his planned border wall. The trade teams began a seventh round of talks on Sunday aiming to […] Read more

Crops

Viterra results offset Glencore’s improved year-end

By Grainews Staff, GFM Network News February 23, 2017

Commodity giant Glencore’s efforts to ratchet down its debts paid off in fiscal 2016 — though “challenges” weighed on the ledger for its Viterra grain handling arm. Swiss-based Glencore on Thursday released preliminary results for 2016, booking net income attributable to equity holders of $1.379 billion on $152.948 billion in revenues, up from an $8.114 […] Read more

Crops, Reuters

Bayer sees pesticide profits stagnating before Monsanto takeover

By GFM Network News February 22, 2017

Leverkusen, Germany | Reuters — German drugs and pesticides maker Bayer forecast a year without earnings growth for its agricultural products business on Wednesday, as it seeks to complete its US$66 billion deal to take over U.S. seeds giant Monsanto. Bayer has said the deal, which would put the size of its agricultural business on […] Read more

U.S. livestock: Cattle futures climb higher to end week

Draft ‘MAHA’ commission report avoids pesticide crackdown feared by farm groups

U.S. grains: Corn, soybeans rise on short-covering ahead of weekend, crop tour

GFM Network News

U.S. livestock: Cattle futures climb higher to end week

Draft ‘MAHA’ commission report avoids pesticide crackdown feared by farm groups

U.S. grains: Corn, soybeans rise on short-covering ahead of weekend, crop tour

Tag Archives agricultural products

U.S. sees progress on China trade deal’s ag provisions

‘Market condition’ caveat on U.S. ag purchases adds to Phase One doubts

U.S., China reset trade relationship with Phase One agreement

U.S. farmers suffer ‘body blow’ as China slams door on farm purchases

Canada gearing up to slap more tariffs on U.S. imports

Alberta to buy rail cars for oil

Amid fresh Trump tension, negotiators seek NAFTA progress

Viterra results offset Glencore’s improved year-end

Bayer sees pesticide profits stagnating before Monsanto takeover

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