Reading Time: 2 minutes Canberra is close to an agreement with Beijing that would allow Australian suppliers to ship five trial canola cargoes to China, sources familiar with the matter said, a move towards ending a years-long freeze in the trade.
Australia nears breakthrough canola deal with China, sources say
Phytosanitary rules have restricted Australia’s canola exports to China
China soybean imports hit record June high on strong Brazil shipments
Reading Time: < 1 minute China’s soybean imports hit the highest level ever for the month of June, a Reuters calculation of customs data showed on Monday, driven by a surge in shipments from top supplier Brazil.
Bunge charters first Argentine soy meal cargo to China, shipping data show
Reading Time: < 1 minute Grains merchant Bunge has chartered 30,000 metric tons of Argentine soybean meal cargo destined for China, data seen by Reuters on Monday showed, which would mark the first such soymeal cargo since Beijing approved Argentine imports in 2019.
Bunge-Viterra merger clears final hurdle with China’s conditional approval
Reading Time: < 1 minute China's market regulator has granted conditional approval for global agribusiness Bunge Global's merger with Glencore-backed grain handler Viterra, it said on Monday, clearing the final hurdle for the $34 billion mega-deal announced two years ago.
China delays decision in EU pork import case amid EV tariff talks
Reading Time: < 1 minute China extended on Tuesday a high-profile investigation into imported pork from the European Union by six months, days before it was due to wrap up and as negotiators from Brussels and Beijing carve out a deal over the bloc's electric vehicle tariffs.
China wants slimmer pigs
Chinese government cracking down on speculative “refattening” practice
Reading Time: 2 minutes Chinese farmers and small firms have increasingly bought market-ready pigs from larger breeders and fattened them in a bet on higher prices, but the government is cracking down on the speculative practice to slim down hogs and stabilize the market.
US beef off the menu as the trade war hits Beijing’s American-style restaurants
US beef exports to China worth $125 million a month at risk
Reading Time: 2 minutes Beijing | Reuters – At Home Plate BBQ, an American-style restaurant in Beijing, staff are reprinting menus. The U.S.-China trade war means American beef – once the star ingredient – will soon be off the table. Home Plate’s beef, previously sourced entirely from the U.S., is increasingly Australian. The restaurant uses about 7 to 8 […] Read more
ADM halting domestic trading in China, cutting jobs in Shanghai
Reading Time: < 1 minute Global grain merchant Archer-Daniels-Midland has begun shutting down domestic trading operations in China and laying off staff within its largest business segment as part of a global cost-cutting push, the company said in an emailed statement on Monday.
China retaliation on US farm goods hits soybeans, bolstering Brazil
Reading Time: 2 minutes China's retaliation on Friday against new U.S. tariffs is poised to accelerate Beijing's move towards alternative suppliers for agriculture goods including Brazil, a shift that began during the trade war of President Donald Trump's first term.
China set for canola meal shortage after 100 per cent duty on top supplier Canada
China faces limited availability of meal in other markets, plans to plant more rapeseed
Reading Time: 2 minutes China is likely to face a supply shortage of canola (rapeseed) meal by the third quarter of this year as Beijing's tariffs on shipments from top exporter Canada disrupt trade and as alternative sources are unlikely to make up the deficit.
A message from April Stewart, Country Guide's Associate Editor
