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A crenellated walkway on top of the Great Wall of China. (Cia.gov)

Crops, Reuters, Soybeans

Canada frets about potential Chinese crackdown on more exports

By GFM Network News June 6, 2019

Ottawa | Reuters — Canadian Prime Minister Justin Trudeau said on Thursday he was concerned that China could broaden its crackdown on Canada’s exports, and that he might seek a meeting with Chinese President Xi Jinping later this month. China has already blocked imports of Canadian canola seed and looks set to boost customs examinations […] Read more

(Zevei-Wenhui/iStock/Getty Images)

Hogs, Livestock, Markets, Reuters

Increased Chinese inspections on Canadian meat for pork only

By Reuters, GFM Network News June 5, 2019

Ottawa | Reuters — Chinese plans to boost inspections of Canadian meat imports only affect pork rather than all meat products as the federal agriculture ministry initially stated, a Canadian government official said on Wednesday. A ministry notice seen by Reuters on Tuesday said the Canadian embassy in Beijing had been told Chinese customs agents […] Read more

CME September 2019 feeder cattle with Bollinger (20,2) bands. (Barchart)

Livestock, Markets, Reuters

U.S. livestock: Feeder cattle rally on corn futures slump

By GFM Network News June 5, 2019

Chicago | Reuters — Chicago Mercantile Exchange (CME) feeder cattle futures continued to rally on Wednesday, as corn futures fell sharply and traders hoped that feed costs will continue to remain under pressure. The burgeoning U.S.-Mexico trade fight pressured Chicago Board of Trade corn futures, despite a Reuters report that corn has been excluded from […] Read more

(Zevei-Wenhui/iStock/Getty Images)

Livestock, Markets, Reuters

China to ramp up inspections on all Canadian meat imports

By Glacier FarmMedia staff, GFM Network News June 4, 2019

Customs agents in China now plan to open all containers of inbound Canadian meat and meat products and will inspect up to 100 per cent of their contents, Reuters reported Tuesday. The news agency quoted a notice from Agriculture and Agri-Food Canada which said the Canadian embassy in Beijing had been informed of the boost […] Read more

U.S. livestock: Warming weather, easing feed costs spur rallies

Livestock, Markets, Reuters

U.S. livestock: Warming weather, easing feed costs spur rallies

By GFM Network News June 4, 2019

Chicago | Reuters — Chicago Mercantile Exchange (CME) feeder cattle futures rebounded on Tuesday as traders hoped that feed costs will remain under pressure following news U.S. buyers are importing corn from South America. Both live cattle and lean hog futures also rose amid a rally in the U.S. stock market and forecasts of warming […] Read more

Vanilla farmer Jao Nasaina holds a spear and a handmade gun as he patrols at his plantation, to guard the crop against thieves, in Ambavala, near Andapa in the Sava region of Madagascar on July 14, 2018. (Photo: Reuters/Clarel Faniry Rasoanaivo)

Spice maker seeks path to make vanilla milkshakes cheaper

By GFM Network News June 3, 2019

Chicago/Antananarivo, Madagascar | Reuters — A kilo of vanilla beans costs more than a kilo of silver. Cultivated painstakingly over years from an orchid plant, vanilla is the second most expensive spice in the world, after saffron. In less than five years, the wholesale price has risen nearly 500 per cent, partly because of growing […] Read more

A Western blot analysis, used to confirm BSE in bovine brain tissue. (Peggy Greb photo courtesy ARS/USDA)

Beef Cattle, Livestock, Markets, Reuters

Brazil halts beef exports to China after atypical BSE case

By GFM Network News June 3, 2019

Sao Paulo | Reuters — Brazil has temporarily halted beef exports to China following an atypical case of BSE in leading farm state Mato Grosso, the agriculture ministry said on Monday. China, Brazil’s largest beef importer by sales, spent US$1.5 billion on Brazilian beef last year, totaling 322,400 tonnes or almost 20 per cent of […] Read more

Kansas City July 2019 wheat with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets, Reuters

U.S. grains: CBOT wheat rallies on weather

By GFM Network News June 3, 2019

Chicago | Reuters — U.S. wheat futures rallied on Monday on concerns about harvest risks as more heavy rain was forecast in some U.S. grain belts and warm, dry weather was expected in top wheat exporter Russia. Meanwhile, corn and soybean futures traded choppily as the markets digested a threat of U.S. tariffs against Mexico, […] Read more

CME August 2019 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

Livestock, Markets, Reuters

U.S. livestock: Trade fights continue to batter live cattle, lean hogs

By GFM Network News June 3, 2019

Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle and lean hog futures fell for a second trading day on Monday — with live cattle futures hitting a near-10 month low — amid robust supplies and trade fights quelling export demand, traders said. But trade issues helped feeder cattle futures settle the day slightly […] Read more

Ag Minister Marie-Claude Bibeau speaks to media at Cigi in Winnipeg on March 13, 2019. (Dave Bedard photo)

Cash advance boost to take effect next week

By GFM Network News June 3, 2019

Regulations permanently expanding loan limits under the federal Advance Payments Program — and temporarily boosting interest-free advances for canola growers — are in place for applications to begin next Monday at the earliest. Agriculture Minister Marie-Claude Bibeau said Monday amendments to the Agricultural Marketing Programs Regulations are now in place to boost the APP loan […] Read more