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File photo of a vineyard in South Australia. (Alicat/iStock/Getty Images)
Crops, Markets

Australian wine industry faces hangover from China’s tariffs

Over two billion litres of wine in storage

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Sydney | Reuters — Australia’s wine industry faces severe oversupply problems that will need years to resolve, experts say, pointing to Chinese tariffs, high production and export bottlenecks during the COVID-19 pandemic. Vineyards nationwide have enough wine in domestic storage to fill 859 Olympic swimming pools, Rabobank said this week in its third-quarter wine report.
Australia calls for China to end remaining trade curbs
Markets, News

Australia calls for China to end remaining trade curbs

Barley barriers are in the rear-view, but issues remain on Australian wine

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Australia used China’s decision to drop anti-dumping tariffs on its barley imports to call for the end to all remaining trade restrictions, led by barriers against Australian wine, as commercial ties between the two trading partners edge toward normalization. China’s Ministry of Commerce said Aug. 4 that anti-dumping and anti-subsidy tariffs on Australian barley would
File photo of a sunrise over an Alberta barley crop. (MNphotography/iStock/Getty Images)
Crops, Markets, Weather

Feed weekly outlook: Crop conditions, barley demand lower

Prices expected steady to lower for now

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MarketsFarm — As combining operations begin, dryness continues to plague crops in many parts of Saskatchewan. But while crop conditions aren’t as bad as they were during the drought of 2021, according to trader Evan Peterson from JGL Commodities in Saskatoon, crops are still very parched. “Southern and western parts are very, very poor. But
CBOT December 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn, wheat firm ahead of USDA report

CBOT soybeans end mixed

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Chicago | Reuters — Chicago Board of Trade corn and wheat futures firmed on Thursday, with traders unwinding bearish bets ahead of a key U.S. government report on supply and demand on Friday. The soybean market was mixed, with thinly traded old-crop contracts easing and new-crop contracts firming as investors adjusted positions ahead of the
CME October 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: Cattle up on U.S. supply worries

CME lean hog futures sag

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures strengthened on Wednesday as tight U.S. supplies continued to support the market, analysts said. Feeder cattle futures also advanced, while lean hog futures declined. The live cattle market is largely trading sideways in the most-active contract this week after finishing with strong gains on Friday,
A corn farmer in China in 2015: ‘…it has been proven that when we try to conquer the land and severely disrupt watersheds, challenging the biodiversity that makes critical events like pollination possible, the opposite of food availability occurs.’
Op/Ed, Opinion

Opinion: The increasing danger of forced farming

Autocratic regimes seem hell-bent on returning to the scary past

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A troubling trend is creeping up on global farmers as governments control food production and eliminate crop diversity. In China, “non-grain” farming has become the target of the Rural Comprehensive Administrative Law Enforcement Brigade, or nongguan, which exercises agricultural administrative penalties and related inspections for the Agriculture and Rural Development ministries. Rules include no burying
Workers load the cargo ship Kypros Land with soybeans headed for China in Santos, Brazil in 2017.
Markets, News

China’s soy imports up 25 per cent year over year

Buyers in China buying up cheap supplies from Brazil

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Reuters – China imported 10.27 million tonnes of soybeans in June, up 24.5 per cent from a year earlier, July 12 customs data showed, as large purchases of cheap Brazilian beans reached the market. The imports by the world’s top soybean buyer were significantly lower than the record 12.02 million tons in May, when delayed
File photo of a Chinese cornfield. (Baona/iStock/Getty Images)

Rain in China’s northeast brings relief for corn, drought risk remains

An oversupply of hogs, weak demand are pressuring pork prices

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Beijing | Reuters – Recent rainfall in China’s northeastern breadbasket has relieved drought across most of the region, an agriculture ministry official said Friday, but risks remain with the El Nino weather pattern potentially bringing more extreme weather this summer. China is the world’s second-biggest corn producer and about 40 per cent of its crop
Northern China drought-wracked
News, Weather

Northern China drought-wracked

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Reuters – About 7.4 million acres of Chinese farmland is suffering from drought, state media agency Xinhua reported June 25 after record-high temperatures hit a large part of the country’s north.  About 200,000 people and 760,000 large livestock do not have access to sufficient water as of the last week of June, Xinhua reported, citing

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