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Tag Archives China

Canola, Crops, Markets, Reuters

Coronavirus stalls talks with China on canola ban

Officials 'not in position to pursue technical discussions,' Bibeau says

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Ottawa | Reuters — The coronavirus outbreak has stalled talks between Canada and China about Beijing’s decision to block Canadian canola seed shipments, Agriculture Minister Marie-Claude Bibeau said Friday. China, angry at Canada’s detention of a top Huawei Technologies executive in December 2018, blocked all imports of canola seed last March on the grounds they […] Read more
Crops, Markets, Reuters

U.S. grains: Soy, wheat, corn close lower after early gains

Traders focus on signs of tepid demand from China

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Chicago | Reuters — U.S. soybean, corn and wheat futures fell on Friday, with all three commodities facing pressure after rising early in the session. Soybean futures hit their highest in more than three weeks after the U.S. Agriculture Department at its annual Outlook Forum projected domestic soybean ending stocks for the 2020-21 marketing year […] Read more
Canola, Crops, Markets

ICE weekly outlook: Canola values stuck in a range

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MarketsFarm — Canola prices came off of the long weekend in the green, but quickly gave back those gains at midweek, remaining stagnant and rangebound. While rail blockades across the country have hampered rail activity and backed up grain shipments, cold weather has slowed down farmer movement for canola. That has insulated canola prices from […] Read more
Crops, Markets, Reuters

U.S. grains: Wheat, corn ease after rallies

Chicago soybean futures firm

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Chicago | Reuters — U.S. wheat and corn futures fell on Wednesday on profit taking from the previous session’s strong rally, grain dealers said. Bargain buying pulled the grain contracts from their session lows ahead of the close. “Yesterday was probably a little overdone in the wheat market,” said Jim Gerlach, president of Indiana-based A/C […] Read more
Crops, Markets, Reuters

U.S. grains: Wheat futures rally, pull corn higher

Chicago soybean futures weaken

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Chicago | Reuters — U.S. wheat futures surged 4.5 per cent on Tuesday, their biggest gain since May, as cuts to the harvest outlook in Australia bolstered prospects for U.S. exports, traders said. The rally in wheat, which closed near session highs as technical buyers entered the market after the early strength, underpinned the corn […] Read more
Livestock, Markets, Reuters

U.S. livestock: Hogs rally with hopes for exports to China

Cattle market similarly hopeful

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Chicago | Reuters — U.S. hog futures rose 2.1 per cent on Tuesday on hopes for increased demand from China as the world’s top pork consumer announced plans to begin issuing tariff-free import licenses. China will grant exemptions on retaliatory duties imposed against 696 U.S. goods, the most substantial tariff relief to be offered so […] Read more

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AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending February 21, 2020.

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