China Archives - Page 55 of 225 - Manitoba Co-operator

File photo of containers at a seaport in Jakarta. (Leolintang/iStock/Getty Images)

APEC ministers call for curbs on farm, fuel, fishing subsidies

By David Lawder, GFM Network News, Praveen Menon November 10, 2021

Washington/Wellington | Reuters — Pacific Rim trade and foreign ministers on Tuesday pledged to sustain the recovery from the coronavirus pandemic while pursuing talks to curb subsidies for fisheries and agriculture at a forthcoming World Trade Organization meeting. The ministers from the 21 Asia Pacific Economic Cooperation (APEC) countries said in a communique issued after

CME December 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)

Livestock, Markets

U.S. livestock: CME live cattle at two-month high on strong beef demand

December hogs follow pork lower

By GFM Network News, Tom Polansek November 8, 2021

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures reached a two-month high on Monday amid expectations for solid demand for beef, traders said. Gains in cash cattle prices last week helped support futures, traders said. Meat packers killed an estimated 121,000 cattle at U.S. slaughtering plants on Monday, unchanged from a week ago,

Markets, Other

Baltic Dry Index drops to three-month lows

By GFM Network News, Phil Franz-Warkentin November 3, 2021

MarketsFarm – Ocean freight rates have dropped significantly over the past month, with declining demand out of China behind much of the weakness. The Baltic Dry Index (BDI), which is a major indicator of shipping rates, settled at 3,187 points on Nov. 2, marking its lowest level in three months and well off the 13-year

China imports around 100 million tonnes of soybeans each year to make feed for its enormous livestock sector. Photo: Reuters/Paul Whitaker

China to make protein for livestock from carbon monoxide

By Dominique Patton, GFM Network News November 1, 2021

Beijing | Reuters – Chinese researchers say they have found a way to produce an animal feed protein from carbon monoxide in what is being hailed as a breakthrough that could help reduce the country’s reliance on huge volumes of imported soybeans. China is by far the world’s top buyer of soybeans, bringing in around

Beef is on display at a Walmart in Beijing on Sept. 23, 2019. (File photo: Reuters/Tingshu Wang)

Livestock, Markets

Beef cattle producers ‘encouraged’ by new CPTPP applicants

U.K., China, Taiwan seek memberships; no additional dairy, feather access on table

By Dave Bedard, GFM Network News October 29, 2021

With their exports on an upswing, the organization for Canada’s beef cattle producers says it’s “encouraged to see other countries’ interest” in joining the Trans-Pacific Partnership trade bloc. The Canadian Cattlemen’s Association on Oct. 18 noted the official applications to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) from the United Kingdom, China and

China calls for overhaul of farm subsidy rules under WTO

By Dominique Patton, GFM Network News, Hallie Gu October 28, 2021

Beijing | Reuters – China on Thursday called for the removal of “enormous” farm subsidies in some developed countries as part of Beijing’s push for reform of the World Trade Organization. “There are very unfair rules in the agriculture sector, and enormous subsidies some developed country members are entitled to, that severely distort international agricultural trade,” Wang

Markets

CBOT weekly outlook: Potential U.S.-China trade deal moving markets

By Adam Peleshaty, GFM Network News October 27, 2021

Speculation regarding a potential trade deal between the United States and China is sparking movement on the Chicago Board of Trade (CBoT). Ryan Ettner, broker for Allendale Inc. in McHenry, Ill., said there was optimism on the markets last week when trade representatives from both nations restarted talks. With the countries’ current deal expiring at

Markets, News

China Sept. meat imports fall 17 per cent from year earlier

By Reuters October 25, 2021

China’s meat imports in September fell sharply from a year ago to their lowest in 19 months, customs data showed on Wednesday, as cheap domestic pork cut demand for overseas supply. China brought in 694,000 tonnes of meat in September, down 17 per cent from the same month a year ago, according to the General

Markets, News

China’s live hog futures jump on falling sow inventory, govt. purchases

By Reuters October 25, 2021

China’s live hog futures surged to hit a one-month high, tracking spot prices and helped by government stockpiling and falling sow inventory. “The driving force mainly came from the supply side,” said Rosa Wang, an analyst with Shanghai JC Intelligence Co. Ltd., citing decreasing sow inventory as a factor. China’s sow herd contracted by 0.9

Montecitorio, house of italian parliament, Rome. Italy. Photo: masterlu/iStock/Getty Images Plus

Italy vetoes sale of seed producer to Chinese-owned Syngenta

By GFM Network News October 25, 2021

Rome | Reuters – Italy has prevented Chinese-owned group Syngenta from buying vegetable seed producer Verisem, government officials said, underscoring Prime Minister Mario Draghi’s commitment to shield key assets from unwanted foreign bids. The decision, made at a cabinet meeting on Oct. 19 but not yet made public, marks the first time Italy has vetoed

Daily Network News

U.S. grains: Soybeans continue gains on Trump’s China comments

U.S. livestock: Cattle futures end week higher on tight supply

Pea, lentil outlooks have some positive signals – Penner

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