As harvest looms, China tells farmers to replant or switch crops

Farmers say crops are stunted from lack of water, government sees “serious threat” to food production

As China’s record heatwave starts to subside, farmers are assessing the damage caused by a prolonged drought while the government is urging them to replant or switch crops where they can. More than 70 days of extreme temperatures and low rainfall have wreaked havoc along the basin of the Yangtze, which supports more than 450

The World Trade Organization (WTO) headquarters in Geneva, Switzerland on Oct. 28, 2020. (Photo: Reuters/Denis Balibouse)

Canada, China agree to suspend WTO canola dispute

Lifting of canola ban renders case moot

Berlin | Reuters — Canada and China have agreed to suspend proceedings against Chinese measures affecting the importation of Canadian canola seed, according to a World Trade Organization (WTO) complaint on Thursday. The WTO Dispute Settlement Body (DSB) panel suspended its work as of Tuesday, the complaint said. Work can be suspended at any time


An aerial view of parched terrace fields at Chongqing’s Fuyuan village in east-central China on Aug. 19, 2022. (Photo: Reuters/Thomas Peter)

Yangtze tributary runs dry as China faces another month of drought

Water is running low when crops are at a crucial stage, officials say

Chongqing/Shanghai | Reuters — Residents living near a tributary of the Yangtze river in the southwestern region of Chongqing clambered along the dry riverbed Aug. 18 amid an unprecedented drought across the region that could last another month. “I am actually pretty worried, because the water has been cut off in my compound,” said Tian







CBOT December 2022 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and green lines). (Barchart)

U.S. grains: Grains fall on weather, Ukrainian exports

Concerns over Chinese economic growth weigh on soybeans, corn

Chicago | Reuters — Chicago corn, wheat and soybean futures fell for a second day on Tuesday, pressured by rainfall across parts of the U.S. Midwest, as well as economic uncertainty in China and grain shipments from war-torn Ukraine. The most-active soybean contract on the Chicago Board of Trade (CBOT) fell 31-1/4 cents to $13.81


CBOT November 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, brown and dark green lines). (Barchart)

U.S. grains: Soy dives on China’s economic uncertainty

Improved outlook for Ukraine exports weighs on grains

Chicago | Reuters — Chicago soybeans fell on Monday, pressured by forecasts for beneficial rainfall in parts of the U.S. Midwest and unexpected data from China that suggested declining demand for U.S. agricultural commodities from the country. The People’s Bank of China cut key interest rates on weaker-than-expected economic data from the world’s second-largest economy,