Kazakhstan will oppose any extension of the agriculture export restrictions a Russia-led trade bloc has so far imposed until June 30, its Agriculture Minister Saparkhan Omarov told reporters June 3. The Eurasian Economic Union, which comprises Belarus, Armenia and Kyrgyzstan as well as Kazakhstan and Russia, restricted exports of sunflower seeds, buckwheat, rice, rye and
Australian barley farmers and Canadian canola producers are on opposite sides of the world, but share a common blight: China, once their best customer is now a hostile adversary, accused of letting geopolitical goals sideline international trade rules. May 19 China, which accounts for two-thirds of Australia’s malting barley exports, imposed an 80.5 per cent
Reuters – It might take some extraordinary circumstances for U.S. soybean shipments to approach the government’s full-year target. Without an extended turnaround in export demand, U.S. soybean stockpiles could swell to the second-highest levels on record by September. China is likely the only country that could provide the needed lift to U.S. soybeans, but given
Farmers on both sides of the Canada-United States border still have access to their best market — each other. That’s despite a two-way temporary ban on non-essential travel to slow the spread of COVID-19, which was expected to be implemented by March 20. In 2018 Canada was the U.S.’s largest agricultural export customer purchasing $25
Canada and the United States have mutually agreed to close their shared border to non-essential travel, a move the Canadian government has been hinting at since Monday. United States President President Donald Trump tweeted the news Wednesday saying “trade will not be affected.” On March 16 Prime Minister Justin Trudeau and several of his ministers
Reuters – U.S. exporters sold just 6,012 tonnes of soybeans to China in the week ended Feb. 27, despite Phase 1 of the U.S.-China trade pact going into effect the prior week, U.S. government data showed March 5. The weekly total was the lowest since the week ended Sept. 5, when China’s net sales came
March 6, 2020 marked a sombre anniversary for Canada’s canola industry. It’s been a year since China banned the majority of imports of Canadian canola, and an end to the ban is nowhere in sight. “It’s a very frustrating situation for producers and the industry,” said Jim Everson, president of the Canola Council of Canada.
An overwhelming majority of witnesses testifying to the Agriculture and Agri-Food Committee in Ottawa are supporting the quick ratification of the “new NAFTA” trade deal, but the dairy industry continues to voice its opposition. Parliamentarians in Ottawa represent the last of the three countries involved in the Canada-U.S.-Mexico Agreement (CUSMA) to ratify the deal, with the law
U.S. Agriculture Secretary Sonny Perdue said January 29 he does not know whether China’s coronavirus outbreak will upset Beijing’s pledge to radically increase purchases of American farm goods as part of the countries’ recent trade deal. The virus has cast further doubt on China’s ability to buy US$36.5 billion of U.S. agricultural goods in 2020.
Canada’s Small Business, Export Promotion and International Trade Minister Mary Ng had little to say of the newly signed U.S.-China trade deal, claiming her office was still carefully reviewing it. Details of the first phase of the deal show China is committed to buying an additional US$40 billion to US$50 billion in agricultural products from