BEIJING, July 30 (Reuters) – Agriculture officials in northern China’s Shandong province warned on Tuesday that an infestation of the fall armyworm pest will spread further in the key corn-producing area, posing a “major threat” to autumn crop output in the region. The insect has already caused damage in some areas in Shandong, China’s third-largest […] Read more
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China’s Shandong province says fall armyworm a ‘major threat’ to autumn crop output
Canola futures dip on soft demand, stronger dollar
WINNIPEG, Manitoba, (Reuters) – ICE canola futures dipped on Monday, as ample supplies and soft demand kept the market locked in its trading range. Large leftover Canadian supplies from last year’s harvest and expectations for a decent Canadian crop this year despite earlier dry conditions have weighed on the market, a trader said. A stronger Canadian dollar […] Read more
U.S., China move trade talks to Shanghai amid deal pessimism
BEIJING/WASHINGTON, (Reuters) – U.S. and Chinese trade negotiators shift to Shanghai this week for their first in-person talks since a G20 truce last month, a change of scenery for two sides struggling to resolve deep differences on how to end a year-long trade war. Expectations for progress during the two-day Shanghai meeting are low, so […] Read more
Feds boost funding for pork exports
Canada Pork International received $6 million from the federal government July 25 to strengthen and diversity Canadian pork exports. Market diversification is a priority for the sector now that trade relations with China, a major market, have deteriorated. Agriculture Canada said the additional investment is earmarked to help Canada’s pork industry boost awareness in international […] Read more
U.S. soybean exports to China rise, but big purchases remain elusive
CHICAGO, (Reuters) – U.S. government data on Monday showed exports of soybeans to China picking up to the most in five months last week ahead of trade talks between the two countries in Shanghai, although the shipments were for beans bought months ago and new purchases have proven elusive. China has yet to make the […] Read more
Western Canadian wheat: Small gains for most prices
WINNIPEG,(MarketsFarm) – Wheat bids in Western Canada were generally higher for the week ended July 26. There were gains in Canadian Western Red Spring Wheat (CWRS) and Canadian Western Amber Durum (CWAD), while Canada Prairie Red Spring (CPRS) incurred small losses and gains depending on location. A slip in the Canadian dollar provided some support, […] Read more
U.S. judge cuts $2 billion Roundup verdict to $86 million
(Reuters) – A California judge on Thursday reduced a $2 billion jury verdict, slashing the award for a couple who blamed Bayer AG’s glyphosate-based weed killer, Roundup, for their cancer to $86.7 million. Superior Court Judge Winifred Smith of the California Superior Court in Oakland said the jury’s billion-dollar punitive damage awards were excessive and […] Read more
Argentina wheat farmers eye record harvest as bad crop weather hits rivals
BUENOS AIRES/CHICAGO, (Reuters) – Argentine wheat farmers are preparing for a record harvest, even as global rivals see crop yield prospects cut amid floods in the United States, searing heat in Europe and drought in Australia. The grain bounty in the world’s No. 6 wheat exporter, with exports valued at $2.4 billion in 2018, will boost the […] Read more
China’s June soy imports from U.S. fall 2.5% on year amid renewed tension
BEIJING, (Reuters) – China‘s soybean imports from the United States fell 2.5 percent in June compared with the same month a year earlier, customs data showed on Saturday, as renewed trade tensions between Beijing and Washington curbed buying. China brought in 614,805 tonnes of soybeans from the United States, down 2.5 percent from June 2018. […] Read more
French region orders harvest standstill after fields burn in heatwave
PARIS, (Reuters) – Farmers have been ordered to stop harvesting in France’s second largest grain producing department Oise after hundreds of hectares of fields caught fire during an intense heatwave. At least one farmer was killed during when his harvester became engulfed in one inferno, local media reported. Harvesting is in full swing in France, […] Read more
