Photo: File

China to work off corn stockpile in three to five years

Beijing/Reuters – China will work off its corn stockpile in the next three to five years, said an executive at one of the country’s top corn processing firms on Wednesday, as firms ramp up processing capacity to use up the old stocks of grain. COFCO Biochemical, a listed subsidiary of the state-owned Chinese grains trader […] Read more


Schoepp: Weighing in on a Free Trade Agreement with China

Schoepp: Weighing in on a Free Trade Agreement with China

Straight from the hip with Brenda Schoepp

Canada’s trade has doubled in the past decade and much of that has been to China, our second-largest trading partner. On March 4 the Canadian government opened public consultations for a possible Free Trade Agreement (FTA) between the two countries and this platform will stay open until June 2, 2017. Glen Hodgson, senior fellow with […] Read more




(Dave Bedard photo)

Canpotex aims for ‘material’ potash price bump from China

Winnipeg | Reuters — Canadian potash exporter Canpotex is pressing Chinese buyers to pay a “material” price increase for the fertilizer in their annual supply contract, as spot values in other markets rise off multi-year lows, Canpotex’s chief executive said on Monday. “We’re not interested in some kind of ratcheting down. That is for sure,” […] Read more


Syngenta’s Interaction Centre at Stein, Switzerland. (Syngenta.com)

China clears ChemChina’s Syngenta deal

Zurich | Reuters — ChemChina’s US$43 billion planned takeover of Swiss pesticides and seeds group Syngenta has received approval from China’s Ministry of Commerce (MOFCOM), the two companies said Wednesday. “This represents a further step towards the closing of the transaction, which is expected to take place in the second quarter of 2017,” they said […] Read more



(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soybeans rebound on Argentina rains

Chicago | Reuters — U.S. soybeans rebounded on Wednesday from multi-month lows sparked a day earlier by fears of harvest delays in Argentina, while China’s return to the market after a holiday helped boost prices, analysts said. Corn and wheat followed the strength in soybeans, but rising stockpiles of corn-based ethanol pressured corn futures at […] Read more