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 retaliation on US farm goods hits soybeans, bolstering Brazil
U.S. grains: Soybean futures fall on fears of tariff retaliation
Reading Time: 2 minutes Board of Trade soybean futures slid on Thursday amid concerns that new U.S. tariffs could trigger retaliatory measures against American exports, analysts said.
France pushes for farming ’emergency brake’ in Mercosur deal
Reading Time: 2 minutes Despite previous reservations, France held a meeting with 10 EU countries to discuss a possible trade deal with Latin America's Mercosur bloc, a day after the United States unleashed a global trade war, signalling it may be a way for the bloc to offset the impact of U.S. tariffs on European exports.
Trump administration is ‘months away’ from direct payments to farmers, Rollins says
Reading Time: < 1 minute U.S. Agriculture Secretary Brooke Rollins said on Fox News on Thursday that the administration is "months away" from making a decision about whether to make payments to farmers to offset any impact from tariffs.
U.S. grains: Soy, corn, wheat futures drop on fears US tariffs will hurt demand
Reading Time: 2 minutes Chicago Board of Trade grain and soybean futures fell on Wednesday as traders worried that U.S. farm exports will suffer from new tariffs that President Donald Trump is expected to implement.
U.S. grains: Chicago soybeans rise on biofuel coalition meeting with EPA
Reading Time: 2 minutes Chicago soybean futures rose on Tuesday ahead of a meeting between a coalition of oil and biofuel groups and the U.S. Environmental Protection Agency to discuss raising federal mandates for biomass diesel blending.
Canada, Mexico not subject to new global rates as Trump announces new tariffs
Trump says he will impose 10 per cent tariff on all imports, with higher rates for some
Reading Time: 2 minutes President Donald Trump said on Wednesday that he would impose a 10 per cent baseline tariff on all imports to the United States and higher duties on dozens of the country’s biggest trading partners.
Brazil soy seed piracy generates $1.76 billion in losses per year, study finds
Reading Time: < 1 minute Soybean seed piracy in Brazil generates losses of 10 billion reais ($1.76 billion or C$2.51 billion) per year in the country, according to a study by CropLife Brasil and agribusiness consultancy Celeres Consultoria released on Wednesday.
China, Japan, South Korea will jointly respond to US tariffs, Chinese state media says
Countries met to talk trade but made no joint response plan say Japanese, Korean officials
Reading Time: 2 minutes China, Japan and South Korea agreed to jointly respond to U.S. tariffs, a social media account affiliated with Chinese state media said on Monday, an assertion Seoul called "somewhat exaggerated," while Tokyo said there was no such discussion.
U.S. grains: Chicago soybeans spike on news of biofuel coalition meeting with EPA
Reading Time: 2 minutes Chicago soybean futures rose on Tuesday ahead of a meeting between a coalition of oil and biofuel groups and the U.S. Environmental Protection Agency to discuss raising federal mandates for biomass diesel blending.