Chicago | Reuters — U.S. corn and soybean futures fell roughly one per cent on Wednesday and wheat slipped nearly three per cent on sluggish export demand for U.S. grains and a lack of news on U.S.-Chinese trade negotiations, traders said. “The single biggest potential factor right now that could turn these market dynamics is […] Read more
Tag Archives tariffs — page 44
U.S. grains: Soy, corn, wheat sag as trade news awaited
Mexican farmers urge ‘mirror’ tariffs on Trump’s rural base
Mexico City | Reuters — Leaders of Mexico’s agricultural sector are urging “mirror measures” on U.S. farm imports in politically sensitive products such as yellow corn and poultry, in an effort they argue would counter decades of subsidized imports from the United States. The three-month-old government of President Andres Manuel Lopez Obrador is currently working […] Read more
U.S. grains: Soybeans fall as news of China trade deal awaited
Chicago | Reuters — Chicago grain futures struggled to gain any traction on Tuesday, with wheat rising slightly on technical buying and soybeans slipping as traders anxiously awaited more news on the U.S.-China trade talks. Corn futures inched up late in the trading session, finding support on planting concerns and technical buying, traders said. “Corn […] Read more
Trump moves to scrap trade privilege for India
Washington/New Delhi | Reuters — U.S. President Donald Trump looked set to open a new front in his trade wars with a plan to end preferential trade treatment for India that allows duty-free entry for up to US$5.6 billion worth of its exports to the United States. Monday’s move comes as trade tensions between the […] Read more
Easing concern about CUSMA dairy concessions
Al Mussell sees potential for some Canadian ingredients to continue crossing border
Once the dust has settled on the ratifications of the Canada-United States-Mexico trade agreement (CUSMA), access to U.S. markets for certain Canadian dairy ingredients could meet or even exceed what previously existed. At least that was the assertion made by Al Mussell, research lead at Guelph-based Agri-Food Economic Systems, during a recent dairy producer information […] Read more
U.S. livestock: Hogs sag on large supply, shrug off trade talks
Chicago | Reuters — U.S. hog futures slumped on Monday as concerns about mounting supplies overshadowed hopes that Washington and Beijing will resolve the trade war that has reduced shipments of U.S. pork to China. U.S. President Donald Trump said on Sunday he would delay an increase in U.S. tariffs on Chinese goods thanks to […] Read more
U.S. grains: Soybeans firm on trade hopes
Chicago | Reuters — U.S. soybean futures climbed to a 2-1/2-week high on Monday on hopes for a trade agreement between Washington and Beijing and after China vowed late last week to make additional U.S. soybean purchases. Wheat futures plunged around four per cent to fresh contract lows on technical selling and concerns about stiff […] Read more
Trump delays tariff hike on Chinese goods, citing trade talk progress
Washington | Reuters — President Donald Trump said on Sunday he would delay an increase in U.S. tariffs on Chinese goods thanks to “productive” trade talks and that he and Chinese President Xi Jinping would meet to seal a deal if progress continued. The announcement was the clearest sign yet that China and the U.S. […] Read more
U.S. livestock: Lean hogs stumble on weak pork, trade unease
Chicago | Reuters — U.S. lean hog futures fell for a second straight day on Thursday as weak pork prices and nervousness about trade talks between the U.S. and China weighed on the market, traders and analysts said. Officials from both countries are meeting in Beijing this week to try to hammer out a deal […] Read more
U.S. grains: U.S. exports get no Valentine’s Day love
Chicago | Reuters — Chicago Board of Trade (CBOT) grains and soybean futures tumbled on Thursday on news that China and other buyers had canceled a flurry of U.S. soybean orders in early January and Argentina’s soy crop could be larger than previously expected, traders said. The U.S. Department of Agriculture’s (USDA) export sales report […] Read more
Cyber-Savvy Farmer
