U.S. wheat futures fell about two per cent on Monday on seasonal pressure from the start of the Northern Hemisphere winter wheat harvest and corn futures sagged on mostly favorable crop weather, traders said.
U.S. grains: Wheat retreats on harvest pressure; corn, soybeans end lower
Experts doubt FBI’s claim that crop fungus smuggled by Chinese students is a threat
A biological sample that a Chinese researcher was accused of smuggling into the United States and that prosecutors cast as a “dangerous biological pathogen” is a common type of fungus already widespread in U.S. crop fields that likely poses little risk to food safety, experts said.
China wants slimmer pigs
Chinese government cracking down on speculative “refattening” practice
Chinese farmers and small firms have increasingly bought market-ready pigs from larger breeders and fattened them in a bet on higher prices, but the government is cracking down on the speculative practice to slim down hogs and stabilize the market.
Tariffs on canola seen supercharging Canadian farmers’ shift to spring wheat
U.S. Great Plains farmers skipping the cereal in favour of more profitable crops
The prospect of Chinese and U.S. tariffs on canola have prompted Western Canadian farmers to seed more wheat.
World food prices dip in May as cereal, sugar and vegoils drop
FAO forecasts record global cereal production in 2025
Global food commodity prices declined in May, driven by marked drops in cereal, sugar, and vegetable oil prices, the United Nations's Food and Agriculture Organization said on Friday.
U.S. grains: Chicago futures firm on weather, U.S.-China trade optimism
Chicago grains and soybeans firmed on Friday as expectations improved for U.S.-China trade relations after leaders of the two countries spoke and agreed to further discussions.
India’s Modi to attend G7 summit in Canada
India and Canada to work together “with renewed vigour”
India's Prime Minister Narendra Modi said he looked forward to meeting his Canadian counterpart Mark Carney during the G7 summit, after the latter invited him to the gathering over a phone call on Friday.
China seeks improved ties with Canada amid rising trade tensions
Carney and Li agreed to establish regular communication channels
China called on Friday for steps to improve bilateral ties with Canada, saying there were no deep-seated conflicts of interest, following a spike in trade tensions with many of Beijing’s Western trade partners this year.
U.S. grains: Soybean futures rise on U.S.-China trade optimism
Wheat futures rise amid Russia-Ukraine tensions
Chicago Board of Trade soybean futures climbed to a one-week high on Thursday on optimism about the U.S. trade relationship with China, the world's largest soybean buyer, after leaders of the two countries spoke by phone for more than an hour.
China blocks Canada’s request for review of Chinese duties on agriculture, fish
Next meeting June 23
China has blocked Canada's request to set up a dispute panel to review additional import duties by China on certain Canadian farming products and fish, a Geneva-based trade official said on June 5.