File photo of a container vessel being unloaded at a U.K. port. (Sterling750/iStock/Getty Images)

Trans-Pacific trade partners agree for U.K. to start joining process

Tokyo | Reuters — Member nations of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on Wednesday officially agreed to allow the United Kingdom to start the process of joining the pact, Japan’s economy minister said. Japanese Economy Minister Yasutoshi Nishimura told reporters he welcomed the start of Britain’s joining process after hosting an […] Read more

(Lisa Guenther photo)

CBOT weekly outlook: 2019 ends on high note

MarketsFarm — Despite a number of tough challenges in 2019, one broker at the Chicago Board of Trade said the year ended on a high note. “For what we went through with China this whole year, this trade war, you had corn, wheat and soybeans close higher for the year on Dec. 31,” said Scott […] Read more

CBOT March 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soybeans set highest price since June 2018

Chicago | Reuters — U.S. soybean futures on Monday rose to their highest price since June 2018 on expectations that Washington and Beijing will soon sign an initial trade deal that will increase American agricultural exports. China agreed to import more U.S. farm goods under the Phase 1 deal struck this month, providing support for […] Read more


Huawei chief financial officer Meng Wanzhou leaves her family home in Vancouver in this May 8, 2019 file photo. (Photo: Reuters/Lindsey Wasson)

U.S.-China deal should secure Canadians’ release, Trudeau says

Ottawa | Reuters — Canadian Prime Minister Justin Trudeau said on Thursday that the U.S. government should not finalize a trade deal with China unless the pact also secured the release of two Canadians detained by Beijing. The two men were picked up separately in December 2018, shortly after police in Vancouver held Huawei Technologies […] Read more

Prime Minister Justin Trudeau speaks during Question Period in the House of Commons on Parliament Hill in Ottawa on Dec. 11, 2019. (Photo: Reuters/Blair Gable)

Canada could be last to ratify CUSMA deal, Trudeau says

Ottawa | Reuters — Canada could be the last of the three North American countries to ratify a new trade deal, Prime Minister Justin Trudeau said on Tuesday, indicating that his plan to match the U.S. timetable was set to fail. Trudeau’s Liberal government said from the start it wanted to work in tandem with […] Read more



(Medioimages/Photodisc/Getty Images)

CBOT weekly outlook: Headlines, geopolitics drive prices

MarketsFarm — To Terry Reilly, about the only things driving the Chicago Board of Trade (CBOT) are headlines and geopolitics developments. “Traders are trading headlines,” Reilly, an analyst for Futures International in Chicago, said in reference to the latest developments in U.S.-China trade talks. Reports on Wednesday morning said the two countries were close to […] Read more

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

A ‘little more work’ needed on CUSMA deal, Trudeau says

Ottawa | Reuters — Canadian Prime Minister Justin Trudeau on Friday said a little more work needed to be done on a new continental trade deal which has run into opposition from some U.S. Democrats over labour and environmental provisions. Officials are trying to agree on a series of tweaks to the U.S.-Mexico-Canada Agreement (CUSMA) […] Read more