China Archives - Page 46 of 179

A drone image shows Muyuan Foods newly built multi-storey pig farm in Neixiang county, Henan province, China November 6, 2020. Photo: Muyuan Foods/Handout via Reuters

Flush with cash, Chinese hog producer builds world’s largest pig farm

By GFM Network News December 7, 2020

China | Reuters – Behind the walls of a hulking industrial compound in rural China, top pig producer Muyuan Foods is trying to raise more hogs on a single site than any company in the world – a risky investment with deadly African swine fever lingering. The new farm, which began construction in March and […] Read more

Crops, Markets

Grain, oilseed exports well ahead of year-ago

Chinese demand up substantially for Canada's crops

By MarketsFarm Team, GFM Network News December 5, 2020

MarketsFarm — Canadian grain exports continue to run at a very solid pace, with canola, wheat and barley movement-to-date all up substantially on the year. Total exports of Canada’s major grains and oilseeds as of Nov. 29 came in at 18.9 million tonnes, according to Canadian Grain Commission (CGC) data. That’s up by nearly five […] Read more

CBOT March 2021 wheat with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets, Reuters

U.S. grains: Wheat posts weekly dip as supply worries ease

Corn, soy futures also lower

By Julie Ingwersen, GFM Network News December 5, 2020

Chicago | Reuters — U.S. wheat futures fell more than one per cent on Friday and recorded a weekly loss as expectations for bumper wheat harvests in Australia and Canada tempered fears of tightening global supplies. Corn and soybean futures declined on forecasts for beneficial rains in northern and central Brazil, although worries about dry […] Read more

Huawei chief financial officer Meng Wanzhou arrives at court in Vancouver on Nov. 23, 2020. (File photo: Reuters/Jennifer Gauthier)

Crops, Reuters

U.S. in talks with Huawei exec on resolving criminal charges, source says

'This would be a great way to end this nightmare'

By GFM Network News December 4, 2020

Reuters — U.S. prosecutors are discussing a deal with lawyers for Huawei chief financial officer Meng Wanzhou to resolve criminal charges against her, a person familiar with the matter said, signaling a potential end to a case that has strained ties between the U.S., China and Canada. Negotiations between Meng’s attorneys and the U.S. Justice […] Read more

CBOT January 2021 soybeans with Bollinger (20,2) bands. (Barchart)

Crops, Markets, Soybeans

CBOT weekly outlook: Soy trade watching weather, export demand

By GFM Network News December 2, 2020

MarketsFarm — Soybean contracts on the Chicago Board of Trade tested contract highs around US$12 per bushel in overnight trade earlier in the week, but couldn’t maintain those levels due to a lack of support. A technical selloff put pressure on prices on Wednesday, with the nearby January contract closing down by nine cents at […] Read more

CBOT January 2021 soybeans with 20- and 50-day moving averages. (Barchart)

Crops, Markets, Reuters

U.S. grains: Soybeans firm as South American crops struggle

Corn, wheat futures also higher

By Christopher Walljasper, GFM Network News November 27, 2020

Chicago | Reuters — Chicago soybean futures ended higher on Friday as continued dryness in South America threatened to stress the crop in Brazil and Argentina, while strong export demand strengthened corn and wheat. Chicago Board of Trade’s most-active soybean futures added 7-3/4 cents to $11.91-3/4 a bushel, ending the week up 10-3/4 cents for […] Read more

Beef is on display at a Walmart in Beijing on Sept. 23, 2019. (File photo: Reuters/Tingshu Wang)

Beef Cattle, Livestock, Markets, Reuters

China’s coronavirus testing chokes beef trade

Additional inspections, disinfections costly for importers

By GFM Network News November 27, 2020

Beijing | Reuters — In a supermarket in downtown Beijing, refrigerator shelves normally filled with steak from around the world sit empty as tougher testing for the novel coronavirus creates supply bottlenecks and raises prices for importers. Fresh supplies of beef won’t arrive for days, a salesman at the Suning.com-owned Carrefour outlet told Reuters — […] Read more

Barley, Crops, Markets

Feed weekly outlook: Export demand supports grain prices

By GFM Network News November 20, 2020

MarketsFarm — There continues to be a very strong demand for feed grains with large amounts headed for export, according to Saskatoon-based trader Evan Peterson of JGL Commodities. “It’s driven the prices up and made a massive competition between feed for Alberta versus shipping it overseas,” Peterson said, noting China has been the main driver […] Read more

CBOT December 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Corn, soy continue rallies

By GFM Network News November 18, 2020

MarketsFarm — Commodities on the Chicago Board of Trade (CBOT) have appreciated a significant rally over the past weeks. Last week’s world agriculture supply and demand estimates (WASDE) from the U.S. Department of Agriculture (USDA) detailed lower-than-expected ending stocks for soybeans, which were bullish for soybean values. “Beans are on a mission right now,” said […] Read more

Cherilyn Jolly-Nagel. (GGC video screengrab)

Crops, Markets

Grain Growers of Canada lobby Parliament Hill

Agriculture can help restart Canada's economy and the federal government help by addressing some issues, group says

By Allan Dawson, GFM Network News November 18, 2020

Agriculture can help revitalize Canada’s post-COVID economy, but the federal government should clear the track for it. That means updating regulations to encourage technological innovation, improving market access for agricultural exports and recognizing farm practices that help the environment, Grain Growers of Canada (GGC) says. The organization, which represents 15 regional, provincial and national grain […] Read more

CFIA rejects beekeeper proposals on U.S. packaged bees

U.S. livestock: Cattle futures fall hard, hogs mixed

Alberta Crop Report: Scattered rains, crop conditions

GFM Network News