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Tag Archives International trade

Markets, News

China September meat imports slightly up on month

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China imported 834,000 tonnes of meat in September, customs data showed Oct. 13, slightly higher than the previous month, as the world’s biggest meat consumer continues to stock up on proteins after a plunge in its pork output. The large volume compares to August’s imports of 832,000 tonnes and suggests there has been little impact
Markets, News

China says corn output to grow, after fears of shortfall drive prices

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China’s Agriculture Ministry said Oct. 15 that the country’s corn-planting acreage had remained “basically stable” this year and annual output was set to increase despite the northeastern Corn Belt being hit by three typhoons in recent weeks. The ministry’s comments, attributed to an unnamed official, came after Chinese corn futures hit a record high of
Editorial, Op/Ed

Editor’s Take: Time for an Agpec trade agreement?

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It would seem times are about to get tough for ‘trading nations’ as Canada has styled itself for the past few decades. That designation makes sense, and in many ways is inevitable. After all, we’re talking about a land mass of nearly 10-million square kilometres, the second-largest country in the world. And on that enormous
News

Cotton latest casualty in China-Australia spat

Australian barley, cotton and wine producers are now all under the gun

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In the latest round of a China-Australia spat side-swiping agricultural trade, China has ordered cotton mills to stop buying Australian supplies. That word came Oct. 16 from an Australian government source and two China-based cotton traders briefed on the matter. Relations soured after Canberra accused China of meddling in domestic affairs, and worsened when Prime Minister Scott
An inflatable model of a
News

EU trade deal: High hopes replaced by frustration

Instead of billions in extra trade, agreement 
bogged down in fruitless talks on ‘technical’ trade barriers

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Glacier FarmMedia – CETA is short for the Comprehensive Economic and Trade Agreement, but for many it’s become a term for frustration and disappointment. “When CETA was signed and ratified three years ago, there were lots of promises,” said Doug Sawyer, a cow-calf producer from Pine Lake, Alta. and co-chair of the foreign trade committee
Strong soybean performance is primarily what bolstered a record August.
Comment, Markets

Comment: China making good on Phase 1 trade deal

U.S. farm exports to China hit new August record thanks to soybeans

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U.S. agricultural exports to China had a sluggish start to 2020 relative to the lofty expectations set forth by the Phase 1 trade agreement, but the August value soared substantially over that of the prior months owing to strong soybean shipments. U.S. cotton exports to China hit a 7-1/2-year high in August, while corn shipments
Markets, News

Ukraine grain exports down so far in 2020/21 season

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Ukraine’s grain exports fell 11.2 per cent in the first three months of the 2020/21 July-June season to 11.78 million tonnes, the economy ministry said Sept. 30. The volume included 4.258 million tonnes of grain exported in September, the ministry’s data showed. The data showed that the overall export volume included 8.2 million tonnes of
China’s near-insatiable appetite for canola won’t be met with domestic production.
Grain Markets, News

Political posturing can affect grain prices

China is still buying Canadian canola through the various back doors it’s found to exploit

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When you cut through the politics and posturing, China still needs some of what Canada is selling. “They are repopulating their hog herd so they need feed,” Darren Bond, a farm enterprise management specialist with Manitoba Agriculture and Resource Development, told the CropTalk Webinar Sept. 16. “They have developed a taste for canola oil. At

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