tariffs Archives - Page 49 of 77

CBOT November 2019 soybeans (candlestick) and December 2019 corn (line). (Barchart)

U.S. grains: Corn futures rally on weather concerns

By GFM Network News August 5, 2019

Chicago | Reuters — Volatility roiled the commodity grain futures markets on Monday, as uncertainty in the U.S. weather forecast supported corn and the growing tensions in the U.S.-China trade war weighed on soybeans. Wheat futures ended the day up on technical buying, traders said. China’s commerce ministry said that Chinese companies have stopped buying […] Read more

U.S. President Donald Trump listens to a question as he speaks to reporters at his Mar-a-Lago estate in Florida, March 29, 2019. Trump has faulted China for not making good on promises to buy more American agricultural products. Photo: Reuters/Joshua Roberts

Reuters

Trump threatens new tariffs as U.S.-China trade tensions spike again

By GFM Network News August 1, 2019

Washington | Reuters – U.S. President Donald Trump on Thursday moved to impose a 10 percent tariff on a remaining $300 billion list of Chinese imports starting Sept. 1, after U.S. and Chinese negotiators failed to kickstart trade talks between the world’s two largest economies. The levies – which would hit a wide swath of […] Read more

A cargo ship is loaded with Brazilian soybeans bound for China. (Photo: Reuters/Paulo Whitaker)

Reuters, Soybeans

China’s soy crushers in no rush to buy from U.S.

By GFM Network News July 24, 2019

Beijing | Reuters – Despite the carrot of a potential exemption from import tariffs, Chinese soybean crushers are unlikely to buy in bulk from the United States any time soon as they grapple with poor margins and longer-term doubts about Sino-U.S. trade relations, people familiar with the matter said. China imposed a 25 per cent […] Read more

U.S. Secretary of Agriculture Sonny Perdue.
Photo: Reuters/Joshua Roberts/File

Reuters, Soybeans

U.S. government to pay $15 minimum per acre to farmers hurt by China trade war

By GFM Network News July 23, 2019

Washington | Reuters – The U.S. government will pay farmers hurt by President Donald Trump’s trade war with China a minimum of $15 per acre under an aid package to be unveiled before the end of this week, Secretary Sonny Perdue said on Tuesday. “We’ll have information for you before the week ends,” he told […] Read more

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

Crops, Markets, Reuters, Weather

U.S. grains: Corn, soy ease on warmer weather

By GFM Network News July 1, 2019

Chicago | Reuters — Chicago soybean, corn and wheat futures all settled down on Monday after early strength, as outlooks for improved U.S. weather boosted crop production prospects, analysts said. The August soybean contract on the Chicago Board of Trade settled down 14-3/4 cents at $8.89-3/4 a bushel and new-crop November settled down 14-1/2 cents […] Read more

A Mexican port-of-entry sign on Highway 92 near Naco, Arizona. (Rex_Wholster/iStock/Getty Images)

Crops, Markets, Reuters

Trump calls off tariffs after Mexico vows to tighten borders

By GFM Network News June 8, 2019

Washington/Mexico City | Reuters — The United States and Mexico struck a deal on Friday to avert a tariff war, with Mexico agreeing to rapidly expand a controversial asylum program and deploy security forces to stem the flow of illegal Central American migrants. U.S. President Donald Trump had threatened to impose five per cent import […] Read more

Emerging durum south of Griffin, Sask. on May 31, 2019. (Leeann Minogue photo)

Crops, Markets, Reuters, Spring Wheat

Canadian wheat sales to China hit 14-year high despite dispute

By Rod Nickel, GFM Network News June 6, 2019

Winnipeg/Chicago | Reuters — Canada has shipped the most wheat to China in 14 years, contrasting a sudden halt in canola trade amid a diplomatic dispute between the countries, as Chinese buyers shunned the United States. China bought 1.5 million tonnes of wheat from Canada from August 2018 through April 2019, nearly double the pace […] Read more

CBOT July 2019 soybeans (candlestick chart) compared to July 2019 soybeans (orange line chart). (Barchart)

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Weather, trade wars keep futures volatile

By GFM Network News June 5, 2019

MarketsFarm — Extended durations of wet spring weather continue to buoy prices on the Chicago Board of Trade — and price volatility will remain high based on long-term weather forecasts. “Whenever you’re in a weather problem phase, volatility tends to increase,” explained Terry Reilly, a grains analyst with Futures International. Currently, soybeans are trading around […] Read more

Crops, Markets, Pulses

Pulse weekly outlook: Opportunities ahead for dry beans

By GFM Network News June 5, 2019

MarketsFarm — Ongoing trade wars between the United States, Europe, and China may open the door to new markets for Canadian edible beans. According to reports, the European Union is bracing for tariffs from the U.S. on billions of euros worth of European goods, adding to the litany of other global trade wars. If trade […] Read more

File photo of a scratch-and-sniff sticker promotion by Chipotle Mexican Grill. (Chipotle.com via PRNewswire)

Crops, Reuters

Trump tariffs could cost an extra nickel per burrito, says Chipotle

By Reuters, GFM Network News June 3, 2019

Reuters — Chipotle Mexican Grill on Monday estimated a US$15 million hit from President Donald Trump’s proposed tariffs on Mexican imports, and said it could cover that by raising burrito prices by around five cents. The U.S.-based Mexican-themed chain’s finance chief Jack Hartung said its margins would be reduced by 20-30 basis points if the […] Read more

Daily Network News

Southern California honeybees show resistance to varroa mites

Pulse Weekly: SaskPulse optimistic despite input, crop price concerns

Canadian aquaculture should be classed as agriculture, industry groups say

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