GASC Archives - Grainews

Grain storage at a Russian seaport. (Pridannikov/iStock/Getty Images)

Crops, Markets, Reuters, Spring Wheat, Winter Wheat

Tax, competition expected to prolong Russian wheat export season

Tax complicates forward sales for exporters

By GFM Network News August 23, 2021

Moscow | Reuters — Exports of Russian wheat will stretch well into the second half of the season as Moscow’s export tax and tough competition with Ukraine and Romania slow sales until the end of 2021, traders and analysts said. Russia, the world’s largest exporter of wheat, generally sells most of its crop during the […] Read more

Hogs, Livestock, Reuters

China to suspend pork imports from Quebec processor

By GFM Network News June 18, 2019

Beijing | Reuters — China will block pork imports from a third Canadian firm after a shipment was found to contain the banned feed additive ractopamine, the customs agency said on Tuesday, deepening a trade and diplomatic dispute with Canada. The firm in question is Frigo Royal, the agency said on its Wechat account. Ractopamine […] Read more

Crops, Markets, Reuters, Soybeans

Canadian farm exports hit new Chinese obstacles amid diplomatic dispute

By Rod Nickel, GFM Network News April 29, 2019

Winnipeg/Beijing | Reuters — An expanding list of Canadian farm exports is hitting obstacles at Chinese ports, leaving sellers of soybeans, peas and pork scrambling amid a bitter diplomatic dispute. China has already blocked Canadian canola from Richardson International and Viterra, two of Canada’s biggest farm exporters, saying that shipments had pests. Other China-bound canola […] Read more

Canola, Crops, Markets, Reuters

China’s ban on Canadian canola expands to Viterra

By GFM Network News March 26, 2019

Beijing/Ottawa | Reuters — China expanded its ban on Canadian canola seed imports on Tuesday to include shipments from Viterra, the latest development in a wider trade dispute between the two countries. Viterra is the second canola exporter to have its registration cancelled, after Beijing halted shipments from top exporter Richardson International earlier this month. […] Read more

Soybeans at market. (Lnzyx/iStock/Getty Images)

Canola, Crops, Markets, Reuters, Soybeans

China forecasts rising soy imports to make up for less canola

By Reuters, GFM Network News March 8, 2019

Beijing | Reuters — China on Friday raised its forecast for soybean imports during the 2018-19 crop year to 85 million tonnes, up from 83.65 million in last month’s outlook, after the country’s customs agency suspended some imports of rival oilseed canola. China’s ministry of agriculture and rural affairs said in its monthly forecast on […] Read more

Canola, Crops, Markets, Reuters

China blocks some Richardson canola shipments

By Rod Nickel, GFM Network News March 5, 2019

Beijing/Kabul | Reuters — China has canceled Canadian agribusiness Richardson International’s registration to ship canola to China, the company said on Tuesday, the latest sign of tensions between Ottawa and Beijing. It was not immediately clear why exports to China by Richardson, the world’s top importer of canola, had been halted. Canada and China are […] Read more

Sunset in Egypt on the Nile River south of Luxor. (CIA.gov)

Crops, Markets, Reuters, Spring Wheat

Egypt court ruling revives row over ergot in wheat

By GFM Network News June 22, 2017

Cairo | Reuters — A court that ordered the suspension of Egypt’s food inspection system based its ruling in part on the quarantine service’s right to ban grain imports with any trace of the ergot fungus, raising the possibility the contested rule could be restored. The government’s new food inspection system simplified trade after a […] Read more

Crops, Markets, Spring Wheat

Speculation shrouds grain demand, rejections from Egypt

By GFM Network News March 17, 2017

CNS Canada — Egypt, the world’s biggest buyer of wheat, rejected three cargoes of the grain last week — its first rejections since it overhauled its inspection system and relaxed its import policy last fall. Three cargoes of wheat — two Russian, one Argentinian — purchased by Egyptian grain buyer GASC were rejected last week […] Read more

Crops, Markets, Reuters

U.S. grains: Wheat ends up three per cent

By GFM Network News March 1, 2017

Chicago | Reuters — U.S. wheat futures climbed about three per cent on Wednesday on a mix of technical buying and enthusiasm over a larger-than-expected wheat purchase by top global importer Egypt a day earlier, traders said. Corn and soybeans also rose, supported by fund investment at the start of a new month and carry-over […] Read more

Crops, Reuters

Egypt stocks up on strategic commodities ahead of devaluation

By GFM Network News October 5, 2016

Cairo/Abu Dhabi | Reuters –– Egypt said it plans to build a six-month reserve of essential food items, adding to other recent purchases of commodities such as oil and wheat, in what traders said was a move to build up stocks ahead of a currency devaluation. Prime Minister Sherif Ismail said late on Tuesday the […] Read more

Pulse Weekly: Saskatchewan peas, lentils in good condition

FCC extends support for canola producers

U.S. soybean farmers urge Trump to make purchase deal with China

GFM Network News