United States Archives | Canadian Cattlemen

Trade deal will not affect China’s other ag suppliers, Liu says

Beijing | Reuters — China’s other suppliers of agricultural commodities will not be impacted by the Sino-U.S. trade deal since buying will be based on market principles, Vice-Premier Liu He said, according to a report from state-owned CCTV on Thursday. Liu was speaking on Wednesday at a press briefing after signing the Phase One trade […] Read more

General, Markets, Reuters

U.S., China reset trade relationship with Phase One agreement

By Andrea Shalal, David Lawder 4 days ago

Washington | Reuters — The United States and China announced an initial trade deal on Wednesday that will roll back some tariffs and boost Chinese purchases of U.S. goods and services, defusing an 18-month conflict between the world’s two largest economies. Beijing and Washington have portrayed their “Phase One” agreement as a momentous step after […] Read more

Crops, Markets, Soybeans

Brazil to become top soybean producer, USDA says

By Glen Hallick - MarketsFarm January 7, 2020

MarketsFarm — Brazil is set to pass the United States as the world’s top producer of soybeans during the 2019-20 marketing year, according to a report from the U.S. Department of Agriculture (USDA). As soybean production in both countries has risen dramatically over the last 10 years, the U.S. continued to lead the world in […] Read more

Crops, Reuters, Soybeans

China eases customs curbs for soy imports through northern border

By Reuters January 2, 2020

Beijing | Reuters — China has eased customs regulations on imports of soybean through some northern border checkpoints, the commerce ministry said, a move that could smooth the way for shipments from neighbours such as Kazakhstan, Russia and perhaps Ukraine. The changes come as China looks to diversify soybean imports amid trade tension with the […] Read more

Crops, Markets, Reuters, Soybeans

Grain flow shifts from China trade war may last years, CHS says

By Karl Plume, P.J. Huffstutter December 19, 2019

Chicago | Reuters — The U.S.-China trade war has accelerated Brazilian efforts to erode the United States’ share of the world soybean export market, and some of the shifts in global grain flows could last for years, according to executives at CHS Inc., the largest U.S. farmer co-operative. Even with a so-called ‘Phase One’ trade […] Read more

Crops, Markets, Reuters

Chinese officials, Trump agree to tariff rollbacks

By David Lawder, Stella Qiu December 13, 2019

Beijing/Washington | Reuters — The United States and China cooled their trade war on Friday, announcing a “phase one” agreement that reduces some U.S. tariffs in exchange for increased Chinese purchases of U.S. farm goods. Chinese officials offered no specific details on the amount of U.S. agricultural goods Beijing had agreed to buy, a key […] Read more

Dairy Cattle, Livestock, Reuters

Nestle sells U.S. ice cream brands to Froneri

By Reuters December 11, 2019

Zurich | Reuters — Nestle SA has agreed to sell its U.S. ice cream business to Froneri in a deal valued at US$4 billion, moving control of brands including Häagen-Dazs to a joint venture the Swiss group set up in 2016. Froneri was created after Nestle merged its European ice cream business in 20 countries […] Read more

General, Markets, Reuters

U.S. seals demise of WTO appeals bench, trade officials say

By stephanie-nebehay December 9, 2019

Geneva | Reuters — The fate of the World Trade Organization’s top court was effectively sealed on Monday after the United States said it would not back a proposal to allow it to continue, trade officials said, although the WTO chief vowed to find a solution. The Trump administration has been blocking appointments to the […] Read more

Beef Cattle, Livestock, Markets, Reuters

EU lawmakers clear U.S. beef imports but fault U.S. tariffs

By philip-blenkinsop November 28, 2019

Brussels | Reuters — European Union lawmakers approved an increase in U.S. beef imports to the EU on Thursday, a move likely to ease transatlantic tensions. But they also criticized tariffs imposed by U.S. President Donald Trump on metal imports and a threat he has made to target EU cars and car parts. The European […] Read more

Corn, Markets, Reuters, Soybeans

U.S. corn exports falter, soybean business could meet same fate

By Karen Braun November 7, 2019

Fort Collins | Reuters – It is no secret that overseas demand for U.S. corn has been downright terrible as of late, and relief does not seem likely in the immediate term as purchase commitments remain dismal. Forward sales for U.S. soybeans are nothing to brag about either, but soy exporters have enjoyed more success recently than […] Read more

U.S. livestock: CME cattle, hogs firm on winter weather woes

CGC revises domestic canola usage downward

Prairie cash wheat: Bids mostly lower

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