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

Beef cattle producers ‘encouraged’ by new CPTPP applicants

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

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


Photo: WTO

China calls for overhaul of farm subsidy rules under WTO

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



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

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

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

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

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

MGEX December 2021 spring wheat (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. grains: Wheat, corn, soy futures up with global demand

MGEX December wheat at nine-year high

Chicago | Reuters — U.S. corn futures hit a two-week high on Wednesday and soybean futures also advanced, supported by brisk global demand, firm cash markets and surging vegetable oil prices. U.S. wheat futures rose as Minneapolis Grain Exchange spring wheat futures set a nine-year top on tightening global supplies of high-quality milling wheat. Additional


CME February 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)

U.S. livestock: CME lean hogs down on technical selling, export worries

Chicago cattle futures up

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell on Wednesday on technical selling and fears that falling Chinese hog prices point to slowing export demand for U.S. pork, traders said. CME December lean hog futures settled down 1.375 cents at 76.025 cents/lb., after dipping to 75.925 cents and filling a gap on

“We do not want to take any options off the table..."

China may not change

U.S. officials say future moves will be tailored to Beijing’s actions

Reuters – U.S. Trade Representative Katherine Tai is seeking new talks with China over its failure to keep promises made in a “Phase 1” trade deal struck with former president Donald Trump. She will not pursue “Phase 2” negotiations over Beijing’s state subsidies and other structural issues. Senior Biden administration officials said Tai will pursue