Canada’s agriculture minister Heath MacDonald said in an interview on Monday his weeklong trip to China is evidence of bilateral relations beginning to thaw, something desperately needed by Canada’s farmers and canola exporters.
Tag Archives China
Canada agriculture minister says canola trade prospects are improving after China visit
U.S. grains: Soybeans bounce as Chinese demand assessed, wheat drops
Chicago soybean prices firmed on Friday in a bargain-buying bounce after a sharp fall on Thursday, as traders assessed prospects for more U.S. sales to China after the trade war truce between the countries.
Notable changes in exports to China, India
China and India figured prominently in the September export data issued by the Canadian Grain Commission on Nov. 7. For the most part, the CGC’s numbers highlighted issues with grain, oilseed and pulse exports from licensed facilities to those countries.
China lifts Brazilian poultry imports ban over bird flu
China lifted a ban linked to Brazil’s avian influenza outbreak, the country’s General Administration of Customs said in a notice released on Friday.
Canola trade watchful during harvest intermission
Geopolitics and speculative money flows are driving grain markets as we enter ‘reaction season’
The flow of speculative money, reacting to whatever world news is available, can be expected to steer grain and oilseed futures in this stretch between Northern and Southern Hemisphere harvests, Phil Franz-Warkentin writes.
Beijing lifts some tariffs on U.S. farm goods but soybeans stay costly
China will suspend retaliatory tariffs on U.S. imports, including duties on farm goods, after last week’s meeting of the two countries’ leaders, Beijing confirmed on Wednesday, but imports of U.S. soybeans still face a 13 per cent tariff.
China rapeseed meal futures see largest one-day gain in almost three months after Xi–Carney talks
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.
Carney agrees to visit China after meeting Xi
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.
China to buy 12 million metric tons of soybeans this season, Bessent says
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.
Carney to meet China’s Xi in South Korea
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.
Cyber-Savvy Farmer
