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Tag Archives china — page 18

Rising U.S.-Chinese tensions raise concerns about trade
Market observers point to moves over the past few years by China and the West to disengage
The trade relationship between China and the United States is deteriorating and poses a threat for U.S. farmers, say analysts.

Beijing nudged Syngenta to withdraw $9 billion Shanghai IPO on market weakness, sources say
China's securities watchdog's tighter scrutiny of IPOs has led some companies to scrap plans, move offshore
Chinese authorities nudged Swiss agrichemicals and seeds group Syngenta to withdraw its application for a long-delayed $9 billion IPO in Shanghai on concerns about the impact a sizeable new offering would have on a volatile market, four people said.

China expands list of GM soybean, corn variety approvals
China has approved 27 genetically modified corn seed varieties and 3 GM soybean varieties, expanding its list of approvals as it aims to increase the development and planting of high-yielding crops.

ICE Canada Weekly: Look for canola to ease back
At mid-March one broker said he expects canola prices on the Intercontinental Exchange to make their way lower for the balance of the month.

U.S. livestock: Lean hogs retreat in nearby contract after rally
Cattle futures declined in a retreat from rallies on Friday
Chicago Mercantile Exchange lean hog futures on Monday ended lower in the front-month contract in a setback from strong recent gains, traders said.

The ripple effects from China’s declaration of self-sufficiency
The country’s decision to limit soybeans in feed rations could be challenging
China has long relied on imported food and feed ingredients for its livestock herds and poultry flocks, but there are signs that could change. A Jan. 3 Feed & Grain article detailed a Chinese policy pledge to reduce soybeans in feed rations. According to the report, soybean meal usage for January to November of 2023 […] Read more

U.S. grains: Soy hits 2-yr lows on South American crop prospects, demand worries
Chinese demand less certain as real estate crisis deepens there
U.S. soybean futures fell to two-year lows below $12 a bushel on Monday, pressured by improving prospects for large South American harvests and worries about demand as top global soy buyer China struggles with a real estate crisis, analysts said.

USDA attaché reports from Canada, other countries
Drought, grasshoppers among concerns cited for Canadian Prairies
The Global Agricultural Information Network of the United States Department of Agriculture issued a series of reports during the week ended Jan. 26. Of those, some of them could have an affect on the North American markets.

Australia achieves average wheat, barley harvests
Total exports down, but percentage going to China increased
Australian wheat and barley came away with average crops for 2023/24, as the threat of dryness caused by an El Niño posed a major challenge, according to the United Stated Department of Agriculture attaché in the country’s capital of Canberra.

China to encourage hog farmers to reduce capacity after price slump
Aggressive expansion in Chinese hog sector turns to mounting losses on demand downturn
China will "guide" farmers to reduce hog production capacity as it steps up regulation of the industry, the agriculture ministry said on Tuesday, after an aggressive expansion drive led to an oversupply of pigs and heavy losses.