China Archives - Page 166 of 181

(Regis Lefebure photo courtesy ARS/USDA)

Canadian pork shipment flagged in China for ractopamine

By Rod Nickel, GFM Network News May 30, 2017

Winnipeg | Reuters — A Canadian shipment of pig feet to China, produced by meat packer Olymel, has tested positive for residues of banned growth drug ractopamine and may curb future trade, Canadian government and industry officials say. China views the tainted shipment as a “systemic failure” of Canada’s program that certifies pork sent to China […] Read more

Crops, Markets, Reuters

U.S. grains: Soybeans fall on oil drop

By GFM Network News May 25, 2017

Chicago | Reuters — U.S. soybean futures fell to a 1-1/2-month low on Thursday, pressured by a sharp drop in crude oil prices, traders said. Corn futures also weakened, with investors beating down early rally attempts due to ample global supplies and signs of poor export demand. Wheat futures were mixed, with K.C. hard red […] Read more

Taste-testing during a Canadian Beef Advantage Seminar in Shanghai in 2013. (Canada Beef via YouTube)

Beef Cattle, Livestock, Markets, Reuters

U.S., China accelerate beef talks

By GFM Network News May 22, 2017

Chicago | Reuters — Talks on restarting U.S. beef exports to China are moving fast and final details should be in place by early June, the U.S. Department of Agriculture said on Friday, allowing U.S. farmers to vie for business that has been lost by rival Brazil. As part of a trade deal, U.S. ranchers […] Read more

Beef Cattle, Livestock, Poultry/Eggs, Reuters

U.S., China agree to first trade steps under 100-day plan

By GFM Network News May 12, 2017

Washington | Reuters –– The U.S. and China have agreed to take action by mid-July to increase access for U.S. financial firms and expand trade in beef and chicken among other steps as part of Washington’s drive to cut its trade deficit with Beijing. The deals are the first results of 100 days of trade […] Read more

Crops, Reuters

Proposed Dow, DuPont merger gets conditional nod from China

By Reuters, GFM Network News May 2, 2017

Beijing | Reuters — China has conditionally approved the proposed merger between Dow Chemical and DuPont, the country’s commerce ministry said on Tuesday, a step forward for the deal whose closing has been repeatedly delayed by regulatory hurdles. The merger was approved by EU antitrust regulators in March on the condition the companies divest assets […] Read more

Crops, Grapes, Reuters

China seen set to become world’s second-biggest wine market

By Reuters, GFM Network News April 29, 2017

Paris | Reuters — China is set to overtake Britain and France to become the world’s second-largest wine consumer by value behind the U.S. by 2020 as consumers turn to more middle-range wines, the International Wine and Spirit Research (IWSR) organization said Thursday. In a study for wine fair Vinexpo it forecast Chinese wine consumption […] Read more

Corn, Reuters

China to work off corn stockpile in three to five years

By Reuters, GFM Network News April 19, 2017

Beijing/Reuters – China will work off its corn stockpile in the next three to five years, said an executive at one of the country’s top corn processing firms on Wednesday, as firms ramp up processing capacity to use up the old stocks of grain. COFCO Biochemical, a listed subsidiary of the state-owned Chinese grains trader […] Read more

Finishers, Livestock, Markets

Klassen: Renewed confidence lifts feeder cattle market

By Jerry Klassen, GFM Network News April 17, 2017

Western Canadian feeder cattle markets traded $3-$5 above week-ago levels on average; stronger buying interest was noted on short-keep cattle with prices quoted $5 to as much as $8 higher. Feedlot operators stepped forward more aggressively with ideas that yearling supplies will dwindle over the next month. Quality cattle are starting to thin out at […] Read more

Livestock, Poultry/Eggs, Reuters

Bird flu redirects trade flow of U.S. chicken, eggs, grains

By GFM Network News April 14, 2017

Chicago | Reuters –– Global outbreaks of bird flu in poultry have altered the flow of U.S. chicken meat, eggs and grain around the world, adding to challenges faced by domestic exporters and giving a leg up to Brazil, which has so far escaped the disease. Different strains of avian flu have been detected across […] Read more

Crops, Markets, Reuters

Canpotex aims for ‘material’ potash price bump from China

By Rod Nickel, GFM Network News April 12, 2017

Winnipeg | Reuters — Canadian potash exporter Canpotex is pressing Chinese buyers to pay a “material” price increase for the fertilizer in their annual supply contract, as spot values in other markets rise off multi-year lows, Canpotex’s chief executive said on Monday. “We’re not interested in some kind of ratcheting down. That is for sure,” […] Read more

U.S. grains: Corn sags as bumper US crop harvest advances, soybeans retreat

U.S. livestock: Cattle futures rally, hogs rise

Fund traders flip to net short in canola futures

GFM Network News