China Archives - Page 174 of 182

Australian countryside near Bendigo, northwest of Melbourne. (CIA.gov)

Australia to defer decision on China land deal

By GFM Network News April 21, 2016

Sydney | Reuters — The Australian government is deferring until after an upcoming federal election a politically sensitive decision on whether to allow the sale of one of the country’s biggest cattle empires, S. Kidman and Co., to a Chinese-led consortium. Australian Treasurer Scott Morrison rejected a previous foreign-led offer for the ranching company — […] Read more

Crops, Grapes, Reuters

World wine trade buoyed by rebound in China demand

By Reuters, GFM Network News April 18, 2016

Paris | Reuters –– Wine exporters toasted an upturn in Chinese wine consumption in 2015 after a two-year decline, as a growing taste there for reds helped global wine trade expand, the International Vine and Wine organization (OIV) said Monday. Chinese imports jumped 44 per cent to 5.5 million hectolitres, while overall consumption in the […] Read more

Corn, Crops, Reuters

China may cultivate GM corn in next five years

By Reuters, GFM Network News April 13, 2016

Beijing | Reuters — China, the world’s second-largest corn consumer, may allow commercial cultivation of pest-resistant genetically-modified (GM) corn within the next five years, an agriculture ministry official said Wednesday. “We will push forward the commercial process of new strains of pest-resistant cotton and pest-resistant corn among other key crops,” during the 13th Five Year […] Read more

Crops, Reuters

Global GMO area dips in 2015 in first-ever decline

By GFM Network News April 13, 2016

Reuters — The world scaled back biotech crop planting for the first time ever in 2015, led by a decline in the U.S., which has fuelled rapid expansion of genetically modified crops since their commercial launch two decades ago, according to an annual report released Wednesday. The decline was blamed largely on lower crop plantings […] Read more

Syngenta’s Interaction Centre at Stein, Switzerland. (Syngenta.com)

Crops, Reuters

Chinese citizens protest ChemChina-Syngenta deal

By GFM Network News April 8, 2016

Beijing | Reuters — Around 400 Chinese citizens have signed a letter to protest the purchase of Swiss-based seeds and pesticides company Syngenta by state-owned ChemChina, saying the deal would eventually lead to genetically modified crops being sown across swathes of the country. Critics of genetically modified organisms argue the technology poses risks to public […] Read more

Canola, Crops, Markets, Reuters

China may pay more for canola if standard changes

By Rod Nickel, GFM Network News April 7, 2016

Winnipeg | Reuters –– Richardson International, one of Canada’s two largest grain handlers, may raise the price of canola shipments to China to reflect Beijing’s costly higher standard, its CEO said Thursday. The Chinese Embassy in Ottawa said in March that China had delayed to Sept. 1 its new standard for no more than one per […] Read more

Crops, Markets, Reuters, Soybeans

China’s farmers switch to soy amid corn market reform

By GFM Network News April 4, 2016

Reuters — Wang Zhonghai, a 49-year-old farmer in China’s top corn producing province of Heilongjiang, plans to switch 80 per cent of his land to cultivate soybeans this year as the government ends a near-decade-old corn price support scheme. China announced last week it will stop its corn stockpiling program and allow markets to set […] Read more

Corn, Crops, Markets, Reuters

End of China’s corn stockpiling threatens global feed trade

By GFM Network News March 29, 2016

Chicago | Reuters — Grain traders worried on Tuesday about the risk for reduced demand from China after the government said it would scrap its corn stockpiling program at a time when global markets are awash with excess supplies. Traders said importers in China would likely reduce purchases of farm products used to feed livestock, […] Read more

Corn, Crops, Markets, Reuters

China to end state corn stockpiling, free up prices

By GFM Network News March 29, 2016

Beijing | Reuters — China plans to scrap its corn stockpiling scheme and allow markets to set prices for the grain, pushing to boost efficiency on its farms and to narrow a gap between local and international prices that has sparked a surge of cheaper imports. The government will instead subsidize corn growers and encourage […] Read more

Crops, Markets, Reuters, Weather

U.S. grains: Wheat extends gains on dry, chilly weather

By Rod Nickel, GFM Network News March 29, 2016

Reuters — Chicago wheat climbed on Tuesday to add to sharp gains a day earlier as the market assessed the risk of yield losses to U.S. crops due to a combination of dry and cold weather. Corn finished stronger and touched a nearly two-month high, with traders digesting news that China is to scrap its […] Read more

U.S. grains: Soybean futures edge up as Argentina ends export tax waiver

U.S. livestock: Hog futures hit contract high, herd falls short of estimates

Eastern wheat to be included in Cereals Canada’s harvest assessment

GFM Network News