Rome | Reuters – Italy has prevented Chinese-owned group Syngenta from buying vegetable seed producer Verisem, government officials said, underscoring Prime Minister Mario Draghi’s commitment to shield key assets from unwanted foreign bids. The decision, made at a cabinet meeting on Oct. 19 but not yet made public, marks the first time Italy has vetoed […] Read more
Tag Archives china — page 36
Italy vetoes sale of seed producer to Chinese-owned Syngenta
U.S. grains: Wheat, corn, soy futures up with global demand
MGEX December wheat at nine-year high
Chicago | Reuters — U.S. corn futures hit a two-week high on Wednesday and soybean futures also advanced, supported by brisk global demand, firm cash markets and surging vegetable oil prices. U.S. wheat futures rose as Minneapolis Grain Exchange spring wheat futures set a nine-year top on tightening global supplies of high-quality milling wheat. Additional […] Read more
U.S. livestock: CME lean hogs down on technical selling, export worries
Chicago cattle futures up
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell on Wednesday on technical selling and fears that falling Chinese hog prices point to slowing export demand for U.S. pork, traders said. CME December lean hog futures settled down 1.375 cents at 76.025 cents/lb., after dipping to 75.925 cents and filling a gap on […] Read more
More acres seen needed worldwide to meet mounting crops demand
U.S. acres may have already hit ceiling: AgResource chief
Geneva | Reuters — Farmers need more space to grow crops to meet mounting demand for food and renewable fuel at a time of slowing growth in yields, consultancy AgResource said on Tuesday. A renewable fuel push under U.S. President Joe Biden’s climate agenda is set to trigger a boom in soyoil use, reinforcing a […] Read more
Alternative pork export markets soar as Chinese sales fall
Philippines, Mexico help offset large drop in shipments to China caused by COVID concerns and softer domestic demand
Glacier FarmMedia – Canada’s pork exports to China were $609 million in the first seven months of 2021. That sounds decent, but sales to China were $1.025 billion at the end of July in 2020, which means Canadian pork exports to China are down $400 million this year. In a normal year, a $400 million […] Read more
U.S. to lift restrictions Nov. 8 for vaccinated foreign travelers
Washington | Reuters — The White House on Friday will lift COVID-19 travel restrictions for fully vaccinated international visitors starting Nov. 8, ending historic restrictions that had barred much of the world from entering the U.S. for as long as 21 months. The unprecedented travel restrictions kept millions of visitors out of the U.S. from […] Read more
U.S. grains: Corn, soy bounce on technical buying, potential export demand
CBOT wheat turns higher on Paris rally
Chicago | Reuters — Chicago corn and soybean futures prices rose on Friday, supported by technical buying and renewed hopes of export demand, while wheat prices were boosted by a rally in the European market, traders said. Prices of corn and soybeans have recovered since falling sharply following higher-than-expected supply forecasts from the U.S. Department […] Read more
U.S. livestock: Chicago cattle firm on export demand
CME hog futures fall on meaty supply
Chicago | Reuters — Chicago Mercantile Exchange live and feeder cattle futures firmed on Thursday, as relatively steady cash cattle prices offset higher feed costs weighing on the feeder market, traders said. Meanwhile, lean hog futures continued to slide on a seasonal trend of robust supplies, even as hog slaughter rates showed signs of slowing. […] Read more
U.S. livestock: CME hogs near three-week low amid ample supply
Chicago cattle futures also lower
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell to their lowest prices in about three weeks on Wednesday amid pressure from plentiful supplies, analysts said. Live cattle and feeder cattle futures also finished lower at CME. Hog supplies tend to increase in the autumn, pushing more pork on the market and weighing […] Read more
U.S. livestock: CME cattle futures mixed
Hogs slip on technical trading
Chicago | Reuters — Chicago Mercantile Exchange cattle futures ended mixed on Monday, as cattle prices began to see a seasonal bounce and cash cattle traders were expected to firm slightly this week, traders said. CME lean hog futures, meanwhile, slipped on technical trading and some signs of profit-taking, traders said. On Monday, October lean […] Read more
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