China Archives - Page 177 of 182

World corn stocks hit record high on cut in China use: USDA

By GFM Network News November 10, 2015

Chicago | Reuters — The U.S. Department of Agriculture unexpectedly revised its global coarse grain supply estimate on Tuesday, saying Chinese feed millers were using feeds other than corn at a higher rate than previously thought over the past three years. Along with an increase in USDA’s 2015 U.S. corn production forecast and cuts to […] Read more

Crops

China to let land lie fallow as grain stocks surge

By GFM Network News November 4, 2015

Beijing/Reuters – China’s ruling Communist Party has for the first time proposed to let land lie fallow in some areas to ease pressure on exhausted water and land resources while grain stocks are near record levels, state media reported on Wednesday. After years of excessive cultivation and bumper grain harvests, China is facing severe shortages […] Read more

Cereals, Columns

Keep your eyes on the dollar

Prairie farmers should care about the current state of world currencies in the world market

By Brian Wittal October 29, 2015

The past two years have seen some major political and economic shifts around the world. The Russia/Ukraine standoff in the Crimean region resulted in economic embargoes and sanctions against Russia. This threw a major kink into trade in that region, causing serious economic hardships. It caused internal inflationary pressures to build, devaluing the Russian ruble […] Read more

Markets

Global Markets: US GDP hits the brakes

By MarketsFarm Team, GFM Network News October 29, 2015

WINNIPEG, October 29 – The following is a glance at the news moving markets globally. US GDP GROWTH SLOWED IN THIRD-QUARTER Economic growth in the US halted sharply in the third-quarter, according to data released by the country’s Commerce Department. Gross domestic product increased at a 1.5 per cent annual rate, compared with 3.9 per […] Read more

(Regis Lefebure photo courtesy ARS/USDA)

Hogs, Livestock, Markets, Reuters

China to resume imports from U.S. pork plants

By Reuters, GFM Network News October 24, 2015

Chicago | Reuters — China, the world’s largest pork consumer, will soon resume imports from 14 U.S. pork plants and warehouses, after halting some shipments last year over the use of a feed additive, the U.S. Department of Agriculture said Friday. USDA did not provide a date on which China will resume the imports. China’s […] Read more

Crops, Markets

Global markets: Apple in China, U.S. oil rig flatlining

By MarketsFarm Team, GFM Network News October 22, 2015

CNS Canada –– The following is a glance at the news moving markets globally. APPLE CEO SAYS HE IS NOT WORRIED ABOUT OPENING STORE IN CHINA — Apple CEO Tim Cook has said he is not concerned about opening a new store in China, despite the country’s recent economic downturn. China has seen losses in […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Corn, soybean prices expected to rise

By GFM Network News October 21, 2015

CNS Canada –– The ongoing U.S. harvest has pressured CBOT corn and soybeans in recent sessions, but support for the commodities will ramp up long-term, moving prices higher, according to a U.S. analyst. “I think you’re going to see demand improve and you’re going to see weather problems in South America emerge,” said Sean Lusk, […] Read more

Crops, Markets, Reuters

U.S. grains: Soyoil tops two-month high on export sales

By GFM Network News October 21, 2015

Chicago | Reuters — U.S. grain and oilseed futures advanced on Wednesday, with export sales driving soybean oil prices to their highest in more than two months. Exporters struck deals to sell 40,000 tonnes of U.S. soybean oil, including 20,000 to China and 20,000 to unknown destinations, the U.S. Department of Agriculture said. The deals […] Read more

Corn, Crops, Markets, Soybeans, Weather

CBOT weekly outlook: Corn, soy move on weather, interest from China

By GFM Network News October 14, 2015

CNS Canada –– It’s a game of follow-the-leader in corn and soybean markets at the Chicago Board of Trade, according to one analyst — and short-term, neither looks especially bullish. “Beans have been the leader, corn is the follower, because we’re getting into the teeth of harvest,” said Scott Capinegro, senior broker for HighGround Trading […] Read more

Canola, Crops, Markets

ICE weekly outlook: Canola climbs despite harvest pressure

By GFM Network News September 30, 2015

CNS Canada –– ICE Futures Canada canola contracts finished higher for the week ended Wednesday, posting gains of $9-$10 per tonne despite mounting harvest pressure and large world supplies of vegetable oil. The slumping Canadian dollar, which momentarily reached its lowest point in 11 years during the session, has been a big reason behind canola’s […] Read more

U.S. livestock: Hog futures hit contract highs on shock herd decline

Alberta Crop Report: Harvest more than three-quarters finished

NFU says proposed plant breeders’ rights come at farmers’ expense

GFM Network News