China Archives - Page 88 of 179

China to resume imports of Canadian beef and pork

By GFM Network News November 5, 2019

Reuters – China will resume imports of Canadian beef and pork, Prime Minister Justin Trudeau said on Tuesday, some four months after Beijing blocked shipments amid an escalating diplomatic feud between the two countries. “Good news for Canadian farmers today: Canadian pork and beef exports to China will resume,” Trudeau tweeted. The Chinese embassy in […] Read more

Workers in protective suits at a checkpoint near a farm where African swine fever was detected, in Fangshan district of Beijing, China Nov. 23, 2018. The disease has spread rapidly to several countries in Southeast Asia with more countries likely to be hit in the coming months.
Photo: Reuters/File

Hogs, Livestock, Reuters

No country immune to risk of African swine fever spreading: OIE

By GFM Network News October 31, 2019

Paris | Reuters – African swine fever will spread further across Asia where it has devastated herds, and no country is immune from being hit by the deadly animal virus, the head of the World Organisation for Animal Health (OIE) said on Wednesday. The disease, which has hit the world’s top pork producer China hard, […] Read more

Piglets at a hog operation in China. The U.S.-China trade war and the impact of African swine fever are taking their toll on Bunge’s agribusiness earnings. Photo: KuLouKu/iStock/Getty Images

Reuters

Bunge shares slide as China trade war, pig disease upset exports

By GFM Network News October 30, 2019

Reuters – Agricultural merchant Bunge Ltd warned on Wednesday of a drop in annual profits due to mounting challenges to its grain trading and processing business from the U.S.-China trade war and a fatal pig disease in Asia, sending shares down more than 4 percent. The company reported better-than-expected third-quarter profits, driven by higher margins […] Read more

U.S. President Donald Trump talks to China’s Vice Premier Liu He during their meeting in the Oval Office of the White House after two days of trade negotiations in Washington, Oct. 11, 2019. Photo: Reuters/Yuri Gripas

Reuters, Soybeans

Beijing’s refusal to order U.S. farm buys becomes pain point

By GFM Network News October 30, 2019

Washington/Beijing/Reuters – U.S. President Donald Trump’s demand that Beijing commit to big purchases of American farm products has become a major sticking point in talks to end the Sino-U.S. trade war, according to several people briefed on the negotiations. Trump has said publicly that China could buy as much as $50 billion of U.S. farm […] Read more

The Canola Council of Canada hopes Canada and China’s first meeting on the canola seed dispute will lead to a resumption of Canadian canola seed exports to what was Canada’s biggest export customer. Photo: File/Greg Berg

Canola, Markets

Canada, China meet over canola stalemate

By Allan Dawson, GFM Network News October 29, 2019

[UPDATED: Oct. 31, 2019] Glacier FarmMedia – Canada and China finally had a face-to-face meeting *Oct. 28 in Geneva on China’s de facto import ban of Canadian canola seed. The private consultation under the auspices of the World Trade Organization (WTO) went well, according to Brian Innes, the Canola Council of Canada’s *vice-president of public […] Read more

U.S. President Donald Trump speaks while meeting with China’s Vice Premier Liu He in the White House Oval Office, April 4, 2019. Photo: Reuters/Jonathan Ernst

Markets, Reuters

China to request U.S. remove tariffs in exchange for ag buys

By GFM Network News October 25, 2019

Washington | Reuters – Top U.S. and Chinese trade officials will discuss plans on Friday for China to buy more U.S. farm products, but in return, Beijing will request cancellation of some planned and existing U.S. tariffs on Chinese imports, people briefed on the talks told Reuters. Robert Lighthizer, the United States Trade Representative, U.S. […] Read more

ICE January 2020 canola with 20-, 50- and 100-day moving averages. (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Rangebound canola vulnerable to losses

By GFM Network News October 23, 2019

MarketsFarm — ICE Futures canola contracts moved lower during the week ended Wednesday and may have more room to the downside, despite persistent harvest delays across Western Canada. “Overall, we’re still rangebound, but we’re going to the lower part of the trading window,” said analyst Errol Anderson of Pro Market Communications in Calgary. “Canola is […] Read more

CBOT December 2019 corn with 20-, 50- and 200-day moving averages. (Barchart)

Crops, Markets, Reuters

U.S. grains: Harvest pace drags on corn, soybeans

By GFM Network News October 23, 2019

Chicago | Reuters — U.S. soybean futures ended flat on Wednesday as optimism that China would significantly increase U.S. export purchases after offering to waive tariffs was overshadowed by a lack of confirmed buying and an accelerating U.S. harvest. Corn was also flat on harvest pressure and limited demand, while wheat firmed in a modest […] Read more

CBOT November 2019 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets, Reuters

U.S. grains: Soybeans firm on Chinese trade prospects

By GFM Network News October 22, 2019

Chicago | Reuters — U.S. soybean futures firmed on Tuesday on hopes of fresh export sales to China after Beijing gave major crushers waivers to import U.S. soybeans without retaliatory tariffs. Futures, however, drifted from early highs as new export deals failed to materialize and as farmers took advantage of the price spike to sell […] Read more

CME December 2019 lean hogs with Bollinger (20,2) bands. (Barchart)

Livestock, Markets, Reuters

U.S. livestock: Lean hogs drop on burdensome supply, export jitters

By GFM Network News October 22, 2019

Chicago | Reuters — U.S. lean hog futures slumped on Tuesday, pressured by abundant near-term hog supplies and concerns that U.S. pork export demand would not be large enough to absorb the expected surplus of meat produced. Hopes for a jump in Chinese demand for U.S. pork have supported hog futures at times in recent […] Read more

Pulse Weekly: Exports down month-to-month

U.S. livestock: Cattle futures surge, hogs up

U.S. grains: Wheat, corn sink to contract lows as large supply weighs

GFM Network News