U.S. Treasury Secretary Scott Bessent said on Thursday the federal government would support American farmers in light of China’s refusal to buy U.S. soybeans amidst a trade war between the countries.
Tag Archives China
U.S. to support soybean farmers amid China lag, expect news Tuesday, Bessent says
China’s canola, soybeans imports to drop one million tonnes each
China is expected to import one million tonnes less of canola in 2025/26 than in the previous marketing year, the United States Department of Agriculture attaché in Beijing projected. China was projected to acquire 3.10 million tonnes of canola this year versus 4.10 million in 2024/25.
U.S. grains: Chicago grains, soy rebound after Trump announces meeting with Xi
Chicago soy futures rebounded on Wednesday from below the psychological $10 threshold after U.S. President Donald Trump said soybeans will be a major topic of discussion when he meets with Chinese President Xi Jinping in four weeks.
Canadians pick defence on both canola and dairy
Polls with solid Canadian support for two farm sectors on different sides of the trade war rhetoric shows nuance in the public’s trade priorities
Polls with solid Canadian support for two farm sectors on different sides of the trade war rhetoric shows nuance in the public’s trade priorities.
Under Trump, U.S. cedes its share of China’s beef market to Australia
Australian beef has replaced U.S. supply in China since President Donald Trump returned to the White House.
ICE Canada Weekly: Pressure on canola is coming
As canola futures find some ground on the Intercontinental Exchange during the week ended Sept. 24, the Canadian oilseed’s path will soon be a steady decline. That’s the assessment from Tony Tryhuk, trader with RBC Dominion Securities in Winnipeg.
Carney expects ‘constructive’ trade talks with China to deepen
Prime Minister Mark Carney said he had “constructive” trade talks with Chinese Premier Li Qiang on the sidelines of the U.N. assembly in New York and covered agri-food products like canola as well as seafood and electric vehicles.
China trade envoy meets US Midwest delegation as agriculture exports loom large in talks
Senior Chinese trade negotiator Li Chenggang met political and business leaders from the U.S. Midwest. Analysts speculate the region’s food exports will be key to any U.S.-China trade deal.
Argentina throws wrench into China-U.S. soybean trade says Cordonnier
In an unexpected move, Argentina has seriously disrupted any possible new crop soybean purchases to be made by China from the United States, said analyst Michael Cordonnier of Soybean and Corn Advisor Inc. in Hinsdale, Ill.
Ag minister says tariff situation with China remains fragile, volatile
Tariffs on canola and other products were discussed at the annual federal, provincial and territorial ag ministers’ meeting
Agriculture ministers from across Canada said they’ve met with farmers and heard canola producers’ concerns about tariffs but it seems unlikely the ministers will be able to do much about them.
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