China Archives - Page 152 of 179

(Deyana Robova photo/iStock/Getty Images)

U.S. livestock: Hogs fall on trade war fears, cash prices

By Michael Hirtzer, GFM Network News June 19, 2018

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell over two per cent on Tuesday, giving back gains notched in the previous session on broad selling across commodities amid fears of trade wars with importers of U.S. products including China and Mexico. A decline in U.S. cash hog prices late on Monday also […] Read more

Crops, Markets, Reuters

U.S. grains: Soy nears 10-year low on trade row, weather

By Julie Ingwersen, GFM Network News June 19, 2018

Chicago | Reuters — U.S. soybean futures plunged to their lowest level in nearly a decade on Tuesday as escalating trade tensions between the U.S. and China, the world’s biggest soy buyer, prompted fund-driven selling, analysts said. Corn and wheat followed broad declines in the commodity sector. Favourable weather in the Midwest bolstered corn and […] Read more

U.S. President Donald Trump addresses a meeting of the National Space Council in the East Room of the White House in Washington on June 18. (Photo: Reuters/Leah Millis)

Crops, Reuters

Trump’s tariff war threatens to erode support of farmers

By GFM Network News June 18, 2018

Chicago | Reuters — President Donald Trump’s tariff battle with key buyers of U.S. apples, soybeans and corn threatens the support of some of his biggest backers — U.S. farmers now seeing their livelihoods in jeopardy. Farmers overwhelmingly supported Trump in the 2016 election, welcoming how he championed rural economies and vowed to repeal estate […] Read more

Livestock, Markets, Reuters

U.S. livestock: CME live cattle pivot higher on bargain buying

By Reuters, GFM Network News June 15, 2018

Chicago | Reuters — Chicago Mercantile Exchange live cattle turned up sharply on Friday, with support from short-covering and bargain buying after Thursday’s losses that were partly led by U.S. trade uncertainty, said analysts and traders. On Friday China said it planned to impose similar size tariffs soon after Washington announced duties on $50 billion […] Read more

Crops, Reuters, Spring Wheat

Japan suspends sale of Canadian wheat

By Rod Nickel, GFM Network News June 15, 2018

Tokyo/Winnipeg | Reuters — Japan’s farm ministry said Friday it has suspended its tender and sale of wheat from Canada after grain containing a genetically modified trait was discovered last summer in Alberta. The Canadian Food Inspection Agency (CFIA) said Thursday the wheat containing a genetically modified trait, developed by Monsanto to tolerate Roundup herbicide, […] Read more

Crops, Markets, Reuters

U.S. grains: China trade spat sparks soy futures selloff

By GFM Network News June 15, 2018

Chicago | Reuters — U.S. soybean futures plunged 2.5 per cent to a one-year low on Friday on concerns that escalations in a trade fight with China would threaten shipments to the biggest buyer of the oilseed, traders said. U.S. President Donald Trump announced hefty tariffs on $50 billion of Chinese imports on Friday, with […] Read more

Crops, Reuters, Soybeans

U.S. soybeans stay on China’s retaliation list for Trump tariffs

By GFM Network News June 15, 2018

Washington/Beijing | Reuters — U.S. President Donald Trump said he was pushing ahead with hefty tariffs on US$50 billion of Chinese imports on Friday, and the smoldering trade war between the world’s two largest economies showed signs of igniting as Beijing immediately vowed to respond in kind. Trump laid out a list of more than […] Read more

Livestock, Markets, Reuters

U.S. livestock: Trade fears drag down CME live cattle, hogs

By Reuters, GFM Network News June 14, 2018

Chicago | Reuters — Chicago Mercantile Exchange live cattle and hog futures closed lower on Thursday, partly weakened by uncertainty over U.S. trade with China, traders said. China on Thursday urged the U.S. to make a “wise choice” on trade, saying it was ready to respond in case Washington chose confrontation, as U.S. President Donald […] Read more

Crops, Markets, Reuters, Weather

U.S. grains: Corn, soy drop to multi-month lows as weather improves

By GFM Network News June 14, 2018

Chicago | Reuters — Forecasts for crop-boosting weather in key growing areas of the U.S. Midwest pushed corn and soybean futures to multi-month lows on Thursday, traders said. Wheat futures also were sharply lower, their second straight day of steep declines, with investors continuing to push back against a sharp rally on Tuesday amid abundant […] Read more

Canola, Crops, Markets

ICE weekly outlook: Canola facing uncertainty

By GFM Network News June 13, 2018

CNS Canada — ICE Futures Canada canola contracts fell to their lowest levels in more than three months during the week ended Wednesday, but could still have more room to the downside given the general sense of global trade uncertainty. “Every commodity trader in North America or globally is scared to death right now,” said […] Read more

Pulse Weekly: Exports down month-to-month

U.S. livestock: Cattle futures surge, hogs up

U.S. grains: Wheat, corn sink to contract lows as large supply weighs

GFM Network News