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China grants waivers on U.S. soybeans

China is clearing the way for importers to buy U.S. soy exempt from tariffs — sources

China has given new waivers to several importers to buy U.S. soybeans exempt from retaliatory tariffs, in a goodwill gesture ahead of high-level trade talks next month, two sources familiar with the matter said Sept. 24. The waivers, offered in two batches, total around five million to six million tonnes, according to one of the […] Read more


Canadian farm exports run into Chinese wall

New commodities are reporting unexpected delays for importation to China

An expanding list of Canadian farm exports is hitting obstacles at Chinese ports, leaving sellers of soybeans, peas and pork scrambling amid a bitter diplomatic dispute. China has already blocked Canadian canola from Richard­son International and Viterra, two of Canada’s biggest farm exporters, saying that shipments had pests. Other China-bound canola cargoes have been cancelled, […] Read more



Huawei? No way

Canadian canola runs into Chinese delays after Huawei CFO arrest

A political dispute between China and Canada over the arrest of a Huawei executive is slowing canola shipments through Chinese ports. That’s causing some importers to hesitate to buy from their biggest supplier, according to interviews with a dozen traders. Since Canadian authorities arrested Huawei chief financial officer Meng Wanzhou in December for extradition to […] Read more


China’s COFCO makes painful cuts in drive to lead global food trade

The state-owned trading company is aiming to elbow its way in to the club of top grain traders

China’s COFCO International is in the throes of a staffing upheaval as the group pursues its professed ambition of sitting at the top table of global agricultural traders. But doubts persist among some in the industry over whether the trading firm will really challenge the existing four dominant players in grains, oilseeds and sugar. In […] Read more