Perdue Archives - Page 2 of 3

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

U.S. grains: Crop prices seesaw as traders eye China talks

By GFM Network News February 22, 2019

Chicago | Reuters — U.S. grain and soy futures seesawed on Friday as traders waited for signs that Washington and Beijing were making progress toward a trade agreement that could boost Chinese imports of U.S. crops. After the close of trading, U.S. Agriculture Secretary Sonny Perdue said on Twitter that China, in a meeting at […] Read more

Chickpeas in India. (Nikhil Patil/iStock/Getty Images)

Crops, Markets, Pulses

Canada, U.S. to challenge India’s pulse price supports

By GFM Network News February 18, 2019

Canada and the U.S. are set to challenge India’s market price supports for certain pulses including chickpeas and lentils. U.S. Trade Representative Robert Lighthizer and U.S. Agriculture Secretary Sonny Perdue on Friday announced that “together with Canada” they’ve submitted a “counter notification” on the matter to the World Trade Organization (WTO) Committee on Agriculture (COA). […] Read more

Crops, Reuters

USDA outlines first-ever rule for GMO labeling

By Reuters, GFM Network News December 21, 2018

Washington | Reuters — The U.S. Department of Agriculture on Thursday laid out its first-ever requirements for labeling of genetically engineered, or GMO, foods as early as 2020, a rule met with praise from some farmers and criticism from consumer groups. Consumers have been pushing for years for greater transparency over what is in their […] Read more

Crops, Markets, Reuters, Soybeans

U.S. confirms China soybean purchase, but no clarity over more sales

By GFM Network News December 13, 2018

Chicago/Washington | Reuters — U.S. government officials on Thursday hailed China’s first meager purchase of U.S. soybeans since its trade war with the United States began in July and said they hoped for, but could not guarantee, more to come. The U.S. Department of Agriculture (USDA) announced private sales of 1.13 million tonnes of U.S. […] Read more

CBOT January 2019 soybeans, with 20-day moving average. (Barchart)

Crops, Markets, Reuters

U.S. grains: Soybeans strike post-harvest highs on trade truce

By GFM Network News December 3, 2018

Chicago | Reuters — U.S. soybean futures rallied to their highest since at least August on Monday, joining a broad rally in commodity and equity prices after Washington and Beijing sealed a truce in a trade war that has halted nearly all U.S. soy shipments to the world’s top importer. Soybean prices, however, set back […] Read more

A Sept. 12 view from the International Space Station down the eye of Hurricane Florence, which has since weakened to a post-tropical cyclone. (NASA photo)

Livestock, Reuters, Weather

Florence shuts down U.S. slaughterhouses

By GFM Network News September 18, 2018

Chicago/Los Angeles | Reuters — U.S. food companies kept slaughter plants shut on Monday in southeastern states swamped by Hurricane Florence as flash floods collapsed the walls of at least two hog manure pits, made roads undriveable and delayed rail shipments. Catastrophic flooding from Hurricane Florence, which has dumped up to 36 inches of rain […] Read more

Candian Foreign Minister Chrystia Freeland speaks to journalists outside the U.S. Trade Representative’s office in Washington on Aug. 28. (Photo: Reuters/Chris Wattie)

Dairy Cattle, General, Reuters

Freeland to hold NAFTA talks Tuesday

By GFM Network News September 10, 2018

Ottawa | Reuters — Canadian Foreign Minister Chrystia Freeland will meet U.S. Trade Representative Robert Lighthizer in Washington on Tuesday for another round of talks to renew the NAFTA trade pact, an official said on Monday, as time runs short to seal a deal. Freeland spokesman Adam Austen did not give details. After more than […] Read more

Dairy cattle in Canada. (Pearman314/iStock/Getty Images)

Dairy Cattle, Livestock, Reuters

Fear, frustration on dairy farms as trade concessions sought

By Rod Nickel, GFM Network News August 30, 2018

Winnipeg/Montreal | Reuters — Marie-Pier Vincent, a fourth-generation Quebec dairy farmer, worries it will be even harder to make ends meet if Canada allows more tariff-free imports of milk products from the U.S. under a reworked North American Free Trade Agreement. Vincent, 28, is already looking for a second job to pay back the money […] Read more

General, Markets, Reuters

U.S. maps out tariff-related direct payments to farmers

By Reuters, GFM Network News August 27, 2018

Chicago | Reuters — The U.S. Department of Agriculture said on Monday its farm aid package would include US$4.7 billion in direct payments to farmers to help offset losses from retaliatory tariffs on U.S. exports this season. The bulk of the payments, $3.6 billion, would be made to soybean farmers (all figures US$). That amounts […] Read more

G20 agriculture ministers on July 28, 2018 at La Rural in Buenos Aires, Argentina. (G20.org)

General, Markets, Reuters

G20 ag ministers slam protectionism, pledge WTO reforms

By GFM Network News July 28, 2018

Buenos Aires | Reuters — Agriculture ministers from the G20 countries criticized protectionism in a joint statement on Saturday, and vowed to reform World Trade Organization (WTO) rules, but did not detail what steps they would take to improve the food trade system. In the statement, they said they were “concerned about the increasing use […] Read more

U.S. livestock: Cattle futures continue rally on constrained supply

A missed opportunity for farmers says analyst

CBOT Weekly: Trade focuses on crop tour

GFM Network News