China Archives - Page 38 of 224 - Manitoba Co-operator

Soybean influx into China cools buying appetite

By Dominique Patton June 29, 2023

Reuters – A flood of Brazilian soybeans into China is weighing on soymeal purchases and may curb buying of beans later in the year, traders and analysts said. Soybean arrivals into the world’s top buyer have been running at record levels since the start of the year, after a record crop in Brazil pushed down

File photo of barley being loaded off the combine. (Collab Media/iStock/Getty Images)

Crops, Markets

Australia expects ‘favourable decision’ from China on barley

Heavy tariffs in place since 2020

By GFM Network News, Reuters June 16, 2023

Sydney | Reuters — Australia is expecting a positive decision over the next two weeks from China to fully settle a dispute over barley tariffs, Trade Minister Don Farrell said Thursday. “We are expecting in the next couple of weeks a favourable decision on the tariffs that has prevented Australian barley going into China,” Farrell

News

Cargill to sell China poultry unit

By Dominique Patton June 14, 2023

Reuters – U.S. agribusiness giant Cargill said it is selling its poultry business in China to private equity firm DCP Capital, exiting a Chinese meat market that has become increasingly challenging for foreign players. The sale of the unit, known as Cargill Protein China, is subject to regulatory approvals but is expected to close this

CBOT July 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets

U.S. grains: Corn, soy up on weather worries, macroeconomic optimism

Black Sea tensions, China weather support wheat

By GFM Network News, Julie Ingwersen June 2, 2023

Chicago | Reuters — U.S. corn and soybean futures closed higher on Friday, lifted by bargain-buying following this week’s multi-month lows, dryness in the Midwest crop belt and spillover strength from equities and crude oil, traders said. Wheat followed the firm trend, drawing additional support from weather concerns in China and tensions over a shipping

ICE November 2023 canola with Bollinger bands (20,2) and July 2023 canola (green line). (Barchart)

Crops, Markets

ICE weekly outlook: Don’t bank on $700 canola, analyst suggests

Fresh bullish news not yet in view

By GFM Network News, Glen Hallick - MarketsFarm May 25, 2023

MarketsFarm — New-crop canola prices on ICE Futures seemed to be destined to remain well below $700 per tonne, according to analyst Errol Anderson of ProMarket Communications in Calgary. “The market tends to be back where it came from,” Anderson said, stressing that chances of canola pushing higher requires fresh bullish news. “It’s got to

CBOT July 2023 soft red winter wheat with Bollinger bands (20,2), MGEX July 2023 hard red spring wheat (yellow line) and K.C. July 2023 hard red winter wheat (orange line). (Barchart)

Crops, Markets

U.S. grains: Profit-taking pressures wheat futures

CBOT corn firm, soy mixed

By GFM Network News, Mark Weinraub May 25, 2023

Chicago | Reuters — U.S. wheat futures fell on Wednesday on a round of profit-taking as traders said the market lacked fundamental inputs to drive prices higher a day after a rally driven by renewed concerns over a Black Sea deal. Corn futures were firm for the second day in a row, with old-crop contracts

CBOT December 2023 corn with 20-day moving average (yellow line) and July 2023 corn (orange high/low/close). (Barchart)

Crops, Markets

U.S. grains: July corn down on poor exports, strong crop prospects

CBOT soybeans, wheat also down; new-crop December corn up off decline

By GFM Network News, Julie Ingwersen May 18, 2023

Chicago | Reuters — Benchmark U.S. corn futures fell on Thursday to their lowest in 19 months, pressured by disappointing export data and prospects for big U.S. crops, analysts said. Soybean futures hit a 10-month low, and wheat futures slipped more than two per cent as an extension of a deal to allow war-ravaged Ukraine

China is the largest oilseed importer in the world. So when our market access is blocked, it has implications for Canadian trade.” – Jim Everson, Canola Council of Canada.

News

Commodity groups cast watchful eye on Canada-China trade

The diplomatic tit-for-tat over Chinese interference hasn’t affected agricultural exports so far

By Don Norman May 18, 2023

Agricultural exporters are optimistic that a trade war won’t result from the latest Chinese-Canadian diplomatic spat. The current dispute is the result of leaked reports from the Canadian Security Intelligence Service, cited by the Globe and Mail. The reports indicated that Conservative Member of Parliament Michael Chong had been targeted by China for criticizing its

CBOT July 2023 corn with 20-day moving average (yellow line) and December 2023 corn (orange high/low/close). (Barchart)

Crops, Markets

U.S. grains: Corn hits 18-month low on crop prospects

Chicago wheat tumbles on Ukraine deal

By GFM Network News, Julie Ingwersen May 17, 2023

Chicago | Reuters — Benchmark U.S. corn futures fell to an 18-month low on Wednesday on news that China cancelled purchases of U.S. corn, and as favourable early-season crop weather bolstered projections for bumper U.S. harvests this year, analysts said. Wheat futures tumbled 3.4 per cent after the Black Sea grain deal, allowing for the

News

China approves safety of first gene-edited crop

China has joined the list of countries to approve gene-editing as a breeding tool

By Dominique Patton May 16, 2023

Reuters – China has approved the safety of a gene-edited soybean, its first approval of the technology in a crop, as the country increasingly looks to science to boost food production. The soybean, developed by privately owned Shandong Shunfeng Biotechnology Co., has two modified genes, significantly raising the level of oleic acid, a healthy fat,

Daily Network News

U.S. grains: Chicago grain prices fall amid profit-taking and dollar rebound

U.S. livestock: Cattle fall back as inventory hits 75-year low

Farm family income gains driven by off-farm earnings: StatCan

Tag Archives China

Soybean influx into China cools buying appetite

Australia expects ‘favourable decision’ from China on barley

Cargill to sell China poultry unit

U.S. grains: Corn, soy up on weather worries, macroeconomic optimism

ICE weekly outlook: Don’t bank on $700 canola, analyst suggests

U.S. grains: Profit-taking pressures wheat futures

U.S. grains: July corn down on poor exports, strong crop prospects

Commodity groups cast watchful eye on Canada-China trade

U.S. grains: Corn hits 18-month low on crop prospects

China approves safety of first gene-edited crop

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