(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle stumble on profit-taking

Chicago | Reuters — Chicago Mercantile Exchange live cattle turned lower on Friday after profit-taking and fund liquidation gave back some of the market’s gains over the past two days, said traders. U.S. stocks’ plunge over trade war fears unnerved CME livestock investors still digesting Monday’s Chinese tariff hike on U.S. pork, with similar plans […] Read more





(WhiteHouse.gov)

Trump proposes US$100 billion more in new tariffs on China

Washington | Reuters — U.S. President Donald Trump said on Thursday he had instructed U.S. trade officials to consider US$100 billion in additional tariffs on China, fueling an already heated trade dispute between the world’s two biggest economies. Trump said in a statement the further tariffs were being considered “in light of China’s unfair retaliation” […] Read more



(Dave Bedard photo)

ICE weekly outlook: Canola watching U.S./China spat

CNS Canada — ICE Futures Canada canola contracts moved steadily higher over the past week as grain markets reacted to a mounting trade dispute between China and the U.S. While no sanctions are yet in place, the back-and-forth sabre-rattling between the two countries now includes proposed Chinese tariffs on U.S. soybeans, which weighed heavily on […] Read more



Attendees at the 2017 Food and Hotel China trade show watch USMEF chefs prepare U.S. beef and pork. (USMEF.org)

U.S. meat groups fear for market growth with China beef tariff hike

Chicago | Reuters — China’s proposal on Wednesday for tariffs on U.S. beef confirmed the worst-case scenario for the U.S. cattle industry, trade groups said Wednesday, even as they remained hopeful the dispute could be resolved quickly. China listed U.S. goods from soybeans to beef that could potentially incur a 25 per cent import tariff […] Read more

U.S. grains: Soy, corn tumble as China slaps tariffs on imports

Chicago | Reuters — Chicago soybean futures tumbled two per cent on Wednesday after China readied tariffs against U.S. soy, corn, beef and other goods to retaliate against the Trump administration’s planned tariffs on Chinese exports as a trade war intensified. U.S. corn futures also fell sharply, then recovered a portion of the heavy losses. […] Read more