(Gassen/iStock/Getty Images)

China tells state firms to halt purchases of major U.S. farm products

Purchases of soybeans, pork, corn, cotton on hold

Beijing/Singapore | Reuters –– China has told state-owned firms to halt purchases of soybeans and pork from the United States, two people familiar with the matter said, after Washington said it would eliminate special treatment for Hong Kong to punish Beijing. Large-volume state purchases of U.S. corn and cotton have also been put on hold,




Chickpeas. (CalypsoArt/iStock/Getty Images)

Pulse weekly outlook: Chickpea acreage expected lower

MarketsFarm — High global prices in the 2017-18 marketing year caused a global spike in chickpea production in 2018. It’s since taken a while for consumers to “chew through supplies,” which has put pressure on prices, according to Chuck Penner of LeftField Commodities. In a kabuli chickpea global outlook webinar hosted by the Global Pulse


Canada/U.S. border signage in downtown Detroit. (RiverNorthPhotography/Getty Images)

CUSMA pact to take effect July 1, USTR says

Washington | Reuters — U.S. Trade Representative Robert Lighthizer on Friday said he has notified Congress that the new U.S.-Mexico-Canada trade agreement will take effect on July 1, a month later than initially proposed. In a statement, Lighthizer said both Mexico and Canada had taken measures necessary to comply with their commitments under the U.S.-Mexico-Canada

$16 billion pledged to U.S. farmers due to COVID-19

$16 billion pledged to U.S. farmers due to COVID-19

USDA predicts lower prices for most commodities, excluding wheat and rice

While the Canadian Federation of Agriculture asks for ad hoc subsidies to help Canadian farmers to offset lower incomes expected due to COVID-19, the United States administration could spend as much as $25 billion to help its farmers due to the pandemic. American farmers will receive billions of dollars of subsidies through direct payments. But


(Dave Bedard photo)

Bunge to sell 35 U.S. elevators to Zen-Noh Grain

Chicago | Reuters — Agricultural commodities trader Bunge said on Tuesday it will sell 35 of its interior U.S. grain elevators to Zen-Noh Grain, dramatically reducing its grain origination network in the United States. Financial details of the sale with the subsidiary of Japan’s Zen-Noh Group were not disclosed, and the deal is subject to