Canadian Cattle Association cites little effort to fix ‘non-tariff barriers,’ which they say have already been a problem for getting Canadian beef market access to the U.K.
Senior Canadian and Chinese officials discussed bilateral trade disputes involving canola and electric vehicles on Friday, Ottawa said, but gave no indication of any immediate breakthrough.
Earlier this week Heath MacDonald, Canada’s Minister of Agriculture and Agri-Food and Mexico’s Secretary of Agriculture and Rural Development, Julio Berdegué, met to discuss bilateral relations and strengthen cooperation and trade ties between the two countries.
Prime Minister Mark Carney on Thursday said he expected to meet senior Chinese leaders soon but sidestepped a question about dropping tariffs on Chinese electric vehicles in exchange for relief from Beijing’s duties on canola.
China has called on its top hog producers to “take the lead” in cutting output, state-run Shanghai Securities News reported on Thursday, as the country battles a supply glut and sluggish consumer demand in its massive pork sector.
Chicago cattle and hog futures fell for the second day running ahead of Friday’s cattle on feed report. Most-active December live cattle closed at 232.675 cents a pound, down 2.475 cents. October contracts settled at 231.100 cents a pound, down 2.350 cents. Most-traded October feeder cattle futures closed at 349.125 cents per pound, a loss […] Read more
Chicago cattle and hog futures slid on Tuesday as economic data showed signs of slowing U.S. household spending. Most-active December live cattle closed at 235.150 cents a pound, down 1.125 cents. October contracts settled at 233.450 cents per pound, down 1.150 cents. Most-traded October feeder cattle futures settled at 354.300 cents a pound, down 0.200 […] Read more
Chicago | Reuters – Chicago Mercantile Exchange cattle futures fell on investor expectations that U.S. Agriculture Secretary Brooke Rollins might announce a re-opening of the border with Mexico for cattle imports in a speech in Oklahoma on Friday. The U.S. is currently closed to cattle imports from Mexico because of an infestation south of the […] Read more