United States Archives - Page 20 of 22

China will be looking to other markets to fill its annual shortfall of 90 million tonnes of soybeans, a third of which the U.S. had traditionally supplied. Photo: Thinkstock

China expects its U.S. agricultural imports to fall sharply

By GFM Network News August 10, 2018

Beijing | Reuters – China’s imports of U.S. agricultural products will fall sharply once Beijing implements retaliatory trade measures and the country is able to cover its demand for cooking oil and animal feed, vice agriculture minister Han Jun said on Friday. The trade dispute will have a limited impact on China’s agriculture sector, but hit its U.S. counterparts […] Read more

China has proposed tariffs that would include LNG, semiconductors, beef, aircraft. Photo: Darwel/iStock/Getty Images

Livestock, Markets, Reuters

China plans tariffs on $60 bln of U.S. goods in latest trade salvo

By GFM Network News August 3, 2018

Beijing | Singapore | Reuters – China proposed retaliatory tariffs on $60 billion worth of U.S. goods ranging from liquefied natural gas (LNG) to some aircraft on Friday, as a senior Chinese diplomat cast doubt on prospects of talks with Washington to solve their bitter trade conflict. The Trump administration tightened pressure for trade concessions from […] Read more

Crops, Reuters, Soybeans

Trump says agreed with EU to work to lower trade barriers

By Reuters, GFM Network News July 25, 2018

Washington | Reuters — U.S. President Donald Trump said on Wednesday the United States and the European Union were kicking off talks aimed at lowering trade barriers as officials looked to head off a brewing trade war. “This was a very big day for free and fair trade, a very big day indeed,” Trump told […] Read more

General, Markets, Reuters

World’s ‘affection’ for Canada will help in trade diversification: Carr

By GFM Network News July 20, 2018

Ottawa | Reuters — There is “an awful lot of affection for Canada” around the world that will help the government’s push to diversify exports away from the United States, the country’s new trade minister said on Thursday, as ties with Washington become more strained. Winnipeg MP Jim Carr, previously the minister for natural resources, […] Read more

Crops, Markets

Firm, steady flax prices seen in the cards

By GFM Network News July 13, 2018

CNS Canada — Farmers with flax in the ground should be pleased come autumn. Statistics Canada revised its seeded acreage estimate downward in late June and that, combined with lower carryout stocks and several other factors, should bring strong prices. “Given the demand in the market from China, the United States and potentially even the […] Read more

Crops, Reuters, Soybeans

China signals to state giants: ‘Buy American’ oil and grains

By GFM Network News May 23, 2018

Singapore/Beijing | Reuters –– China will import record volumes of U.S. oil and is likely to ship more U.S. soy after Beijing signalled to state-run refiners and grains purchasers they should buy more to help ease tensions between the two top economies, trade sources said on Wednesday. China pledged at the weekend to increase imports […] Read more

A crenellated walkway on top of the Great Wall of China. (Cia.gov)

Crops, Markets, Reuters

China agrees to import more ag commodities, fuels from U.S.

By GFM Network News May 21, 2018

Washington | Reuters — China has agreed to significantly increase its purchases of U.S. goods and services, the two countries said Saturday, but made no mention of a US$200 billion target the White House had touted earlier. Beijing and Washington agreed they would keep talking about measures under which China would import more energy and […] Read more

General, Markets, Reuters

Canada taking U.S. to WTO in complaint over trade remedies

By GFM Network News January 10, 2018

Geneva | Reuters — Canada has launched a wide-ranging trade dispute against the United States, challenging Washington’s use of anti-dumping and anti-subsidy duties, Canada said in a WTO filing dated Dec. 20 and published on Wednesday. Canada appeared to be mounting a case on behalf of the rest of the world, since it cited almost […] Read more

U.S. President Donald Trump celebrates after signing a pair of documents meant to promote rural internet access, after his remarks to the American Farm Bureau Federation convention in Nashville on Jan. 8. Photo: Reuters/Jonathan Ernst

General, Markets

Better trade deals coming for U.S. farmers, Trump says

By Allan Dawson, GFM Network News January 8, 2018

In a 40-minute speech to the United States’ biggest farm organization, U.S. President Donald Trump spoke about free trade for 49 seconds. In 120 words Trump told the American Farm Bureau Federation’s annual meeting Monday in Nashville he was working to get U.S. farmers better trade deals. “To level the playing field for our great […] Read more

Beef on display in a market in Japan. (File photo)

Beef Cattle, Livestock, Markets, Reuters

Japan to propose changes to beef import safeguards in talks with U.S.

By GFM Network News October 12, 2017

Tokyo | Reuters — Japan will propose changes to its safeguard mechanism on frozen U.S. beef imports that will shorten review periods and allow importers to voluntarily lower import volumes to prevent tariffs from automatically kicking in, two government sources said on Thursday. The proposal will be made at the second round of the U.S.-Japan […] 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