Reading Time: 2 minutes China has signed two agricultural trade protocols with Spain covering pork and cherries as the world's second largest economy acts to bolster ties with the European Union amid an escalating trade war between Beijing and the U.S.
China expands access for Spanish pork as trade tensions with US mount
U.S. grains: Chicago soybeans continue to climb on USDA numbers, tariff delays
Reading Time: 2 minutes Chicago soybean futures extended gains on Thursday as the U.S. Department of Agriculture released its monthly supply and demand numbers, and delays to some U.S. and European Union tariffs eased concerns about U.S. crop exports.
CNH Industrial names James Nickolas as CFO
Reading Time: < 1 minute Tractor maker CNH Industrial on Thursday named James Nickolas as its new chief financial officer, succeeding company veteran Oddone Incisa.
EU pauses countermeasures after Trump’s tariff reprieve; U.S. weighing deals
Trump ratchets tariffs on China even higher; China says it will “follow through to the end”
Reading Time: 3 minutes The European Union will pause its first countermeasures against U.S. tariffs after President Donald Trump temporarily lowered the hefty dutiesless than a day after imposing them on dozens of countries, European Commission chief Ursula von der Leyen said on Thursday.
European wheat to benefit from U.S.-China trade war: Strategie Grains
U.S. trade war could make EU wheat more attractive to China
Reading Time: 2 minutes European Union soft wheat is set to benefit from the escalating trade war between the United States and China, consultancy Strategie Grains said, as it raised its output estimates for all major EU cereals this year due to improved growing conditions.
U.S. grains: Soy surges; corn, wheat rally after Trump pauses most tariffs
Reading Time: 2 minutes U.S. soybean futures soared by two per cent on Wednesday while corn and wheat closed higher, rallying along with crude oil CLc1 and equity markets after U.S. President Donald Trump said he would pause the tariff increases he announced last week for most countries, even as he raised them on China.
Trump temporarily lowers tariffs for most countries, raises them for China
White House reverses initial statements, says Canada, Mexico not subject to 10 per cent global tariffs
Reading Time: 3 minutes Canada and Mexico will be subject to the same 10 per cent tariff as many other countries, CBC reported Tuesday. The news came as U.S. President Donald Trump said on Wednesday he would temporarily lower new tariffs on many countries, even as he raised them further on imports from China, in a sudden reversal that sent U.S. stocks sharply higher.
How are U.S. tariffs affecting American agricultural trade so far?
“Irreplaceable” market China has already decreased reliance on American soy, corn
Reading Time: 5 minutes New deals could be struck with over tariffs “perhaps even by the end of the week,” U.S. Agriculture Secretary Brooke Rollins told Fox News on Tuesday as the country’s self-made trade war threatened markets for American farm goods.
U.S. grain trader ADM appoints Cuddy as President, North America
Reading Time: < 1 minute U.S. grain trader Archer Daniels Midland Co has appointed Christopher Cuddy as president for North America, according to a source and an internal memo seen by Reuters on Wednesday.
U.S. grains: Chicago soybeans climb on recovery after tariff news
Reading Time: 2 minutes Chicago soybean futures rose on Tuesday, bouncing back from a four-month low on technical trading, while corn and soy futures also firmed as traders turned their attention toward a U.S. Department of Agriculture data release and weather concerns, analysts said.