China Archives - Page 67 of 227 - Manitoba Co-operator

JBS profit bolstered by weak currency, strong Chinese and U.S. markets

China became third largest beef export market for JBS Canada, company says

By Ana Mano, GFM Network News, Nayara Figueiredo March 27, 2021

Sao Paulo | Reuters — Meat processor JBS SA’s fourth-quarter profit rose 65 per cent from a year earlier, boosted by strong food sales in China and the U.S. and a sharp devaluation of Brazil’s real currency, the company said in a securities filing on Wednesday. For full-year 2020 its profit was 4.6 billion reais,

Hogs, Livestock, Markets

Hog market recovering from pandemic lows

China again a major driver of hog values

By Adam Peleshaty, GFM Network News March 27, 2021

MarketsFarm — In April 2020, during the early days of the COVID-19 pandemic, prices for lean hog futures dropped to their lowest point since 2002, falling below US$40 per hundredweight. Nearly a year later, the industry is in the middle of a speedy recovery. At the Chicago Mercantile Exchange (CME) on Thursday, lean hog futures

The USDA building in Washington, D.C. (Art Wager/iStock/Getty Images)

Crops, Markets, Weather

CBOT weekly outlook: Markets move ahead of USDA report

By Adam Peleshaty, GFM Network News March 25, 2021

MarketsFarm — Chicago Board of Trade (CBOT) market participants are awaiting next week’s prospective plantings report from the U.S. Department of Agriculture (USDA), due out March 31. Ahead of the report, average trade estimates predict 93 million acres of corn, 90 million acres of soybeans and 46 million acres of wheat will be planted in

Pigs are seen at a backyard farm on the outskirts of Harbin, Heilongjiang province,  China, Sept. 5, 2018.

Hogs, News

China to crack down harder on fake African swine fever vaccines

Industry insiders believe use of illicit vaccines has caused a new, chronic form of the disease

By Dominique Patton March 24, 2021

Reuters – China’s Ministry of Agriculture and Rural Affairs says it will crack down further on illegal production and sales of African swine fever vaccines in a sign of the extent of a problem that is damaging the world’s largest pig industry. The ministry, which has been warning against such behaviour since 2019, said tougher measures were needed

U.S. Trade Representative Katherine Tai is sworn in at the White House on March 18, 2021. (Photo: Reuters/Tom Brenner)

Markets

New U.S. trade chief Tai focused on CUSMA, China ties in calls

New trade deals on hold for now, White House says

By David Lawder, GFM Network News March 23, 2021

Washington | Reuters — New U.S. Trade Representative Katherine Tai mapped out her priorities and Washington’s desire to rebuild alliances in initial calls on Monday with her counterparts from Canada, Britain and the European Union. Tai, sworn in Thursday as President Joe Biden’s top trade negotiator, emphasized climate change, racial equity and the need to

CME June 2021 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

Livestock, Markets

U.S. livestock: Lean hogs resume climb on robust demand

Cattle down ahead of USDA report

By GFM Network News, Karl Plume March 20, 2021

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures ended mostly higher on Friday, rebounding from sharp declines the previous day as strong pork demand and tight hog supplies extended the market’s recent advance. Hog futures have soared in recent weeks, with April futures touching a 6-1/2 year front-month-contract high on Friday, as traders

CBOT May 2021 corn (candlesticks) with Bollinger bands (20,2) and May 2021 WTI crude (black line). (Barchart)

Crops, Markets

U.S. grains: Corn, soy slump in broad-based commodities selloff

Weekly corn export sales top estimates, China buys more

By GFM Network News, Karl Plume March 18, 2021

Chicago | Reuters — U.S. corn and soybean futures fell on Thursday as a firm U.S. dollar and tumbling energy prices, with crude oil down more than eight per cent, stoked broad selling across commodities markets. The steepest corn and soy declines in more than a week marked a further pullback from recent highs as

Two years later a new study has put a very large price tag on to China’s canola ban.

News, Oilseeds

The canola price puzzle

Two years into China’s ban on Canadian canola, a new report pegs the true cost to farmers at as much as $1.3 billion

By Allan Dawson March 18, 2021

Many brush off the effect of China’s de facto ban on Canadian canola, pointing to record prices and huge global exports. But that’s a mistake, according to a new study commissioned by the Canola Council of Canada. LeftField Commodity Research delved a bit deeper for the council and found that between March 6, 2019 and

Yellow peas. (Victoria Popova/iStock/Getty Images)

Crops, Markets, Pulses

Pulse weekly outlook: Yellow pea demand continues to rise

By Adam Peleshaty, GFM Network News March 18, 2021

MarketsFarm — This St. Patrick’s Day, it’s not easy being green if you’re a pea. Having reached price parity less than two months ago, Canadian yellow peas are now trading at a premium. According to Prairie Ag Hotwire data from Wednesday, high-delivered bids for yellow peas are now priced at $11.25 per bushel, $4.16 (59

Livestock Markets, Markets

German pig prices up again

By Reuters March 17, 2021

German pig prices have risen again as sales inside the EU help markets recover from Asian import bans on German pork, traders and industry sources said on Wednesday. German pig prices on March 3 rose to 1.40 euros a kg slaughter weight from 1.30 euros the previous week, said the association of German animal farmers

Daily Network News

Iran says Strait of Hormuz open as Trump sees deal ‘soon’ to end war

Agriculture groups welcome seed, fertilizer approval bill

AAFC projects tighter canola stocks for 2026-27

Tag Archives China