The U.S. is not yet ready to reopen its border to Mexican cattle amid an outbreak of the flesh-eating New World screwworm parasite, Agriculture Secretary Brooke Rollins said, but she is pleased with Mexico’s efforts to contain the pest.
Chicago soybean futures hit 16-month highs on Monday on expectations China will restart large-scale U.S. soy buying after the two countries reached a deal to de-escalate their trade war.
China’s most active Zhengzhou rapeseed (canola) meal futures posted their largest daily gain in nearly three months on Monday, after Canadian Prime Minister Mark Carney and Chinese President Xi Jinping met in South Korea last week without securing a breakthrough on tariffs.
U.S. soybean futures climbed to a 15-month high and posted their biggest monthly gain in nearly five years on Friday following a rally fueled by the prospect of revived exports to China.
Prime Minister Mark Carney agreed to visit China after meeting with President Xi Jinping on Friday, in an encounter that may have marked a turning point but offered no breakthroughs on trade.
U.S. soybean futures reached a 15-month high on Thursday after President Donald Trump’s administration said top-importer China agreed to buy tens of millions of tons of American crops in the next few years as part of a trade truce.
Chicago | Reuters – Chicago Mercantile Exchange live cattle and feeder cattle futures took a breather on Thursday after falling hard recently on concerns over President Donald Trump’s push to lower U.S. beef prices, traders said. Ranchers continued to oppose Trump’s plan to boost the country’s imports of Argentine beef to reduce U.S. prices and
U.S. Treasury Secretary Scott Bessent said on Thursday that China has agreed to buy 12 million metric tons of American soybeans during the current season through January and has committed to buying 25 million tons annually for the next three years as part of a larger trade agreement with Beijing.
Prime Minister Mark Carney will meet with Chinese President Xi Jinping on Friday afternoon in South Korea, the prime minister’s office said on Thursday.
Chicago Board of Trade soybean futures hovered near a 15-month high on Wednesday after trade sources said China made its first purchases from the autumn U.S. harvest ahead of a summit between leaders Donald Trump and Xi Jinping.