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File photo of the Raohe Night Market in Taipei, Taiwan’s capital. (Fazon1/iStock/Getty Images)
Beef cattle, Livestock, Markets

Taiwan formally opens to OTM Canadian beef

BSE-era restriction now lifted

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Taiwan has officially lifted its import ban on Canadian beef and beef products from animals over 30 months of age (OTMs). Canada’s Trade Minister Mary Ng and Agriculture Minister Marie-Claude Bibeau announced the move Friday, saying Taiwan’s decision “will offer an opportunity to expand Canadian beef exports to Taiwan and diversify export markets in the
Canada Beef at a 2022 hotel promotion with Marriott Hotel Kaohsiung in Taiwan. (Photo courtesy Canada Beef)
Beef cattle, Livestock, Markets

Taiwan pledges full access for Canadian beef

Market to reopen in 'a couple weeks,' minister says

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Canadian beef exporters can expect to regain full market access to Taiwan within the next couple of weeks, Canada’s international trade minister said Thursday. Posting on Twitter Thursday from the Asia Pacific Economic Cooperation (APEC) trade ministers’ meeting in Detroit, Mary Ng said Taiwanese officials have confirmed the decision, which she hailed as “great news
File photo of containers at a seaport in Jakarta. (Leolintang/iStock/Getty Images)
Markets

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

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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
File photo of a pineapple field in Taiwan. (Bing-Jhen Hong/iStock/Getty Images)
Markets, Other

Taiwan applies to join Pacific trade pact week after China

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Taipei | Reuters — Taiwan has formally applied to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the government said Wednesday, less than a week after China said it too had submitted an application. Taiwan has been angling to join the grouping for a while and had already been discussing the issue informally
Beef is on display at a Walmart in Beijing on Sept. 23, 2019. (File photo: Reuters/Tingshu Wang)
Markets

China applies to join Trans-Pacific trade pact

Second-biggest economy seeks to add to economic clout

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Updated, Sept. 17 — Beijing | Reuters — Japan said it would have to determine if China meets the “extremely high standards” of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) after the world’s second-biggest economy formally applied to join. Commerce Minister Wang Wentao submitted China’s application to join the free trade agreement in
Taiwan lawmakers approve imports of additive-fed U.S. pork
Livestock Markets, Markets

Taiwan lawmakers approve imports of additive-fed U.S. pork

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Taiwan’s parliament has approved measures that pave the way for imports of U.S. pork containing a leanness-enhancing additive, despite objections by the main opposition Kuomintang (KMT) party which says the move is a health risk. President Tsai Ing-wen’s decision in August to permit imports of U.S. pork containing ractopamine, banned in the European Union and
CBOT December 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Weather

U.S. grains: Corn, soy rise on export hopes

Wheat futures dip on profit taking

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Chicago | Reuters — Chicago Board of Trade corn and soybean futures rose on Wednesday, as concerns about dry conditions in key global production areas of South America boosted export prospects for both U.S. commodities. Strength in the cash market also supported gains in corn and soybean futures, traders said. CBOT soft red winter wheat

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