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
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
U.S. grains: Wheat up on US Plains dryness, soybeans fall on profit taking
Reading Time: 2 minutes Chicago wheat futures rose on Thursday, supported by concerns that forecasted rain will not be enough to alleviate dryness in some U.S. wheat production regions, analysts said.
China says it will ignore US ‘tariff numbers game’
Reading Time: < 1 minute China will pay no attention if the United States continues to play the “tariff numbers game”, China’s foreign ministry said on Thursday, after the White House outline how China faces tariffs of up to 245 per cent due to its retaliatory actions.
IGC raises world corn crop forecast, trims wheat
Reading Time: < 1 minute The International Grains Council (IGC) has raised its forecast for 2025/26 global corn production, driven by an improved outlook in sub-Saharan Africa and the United States.
Bayer CEO: targeting US state regulation to stem glyphosate costs
Reading Time: < 1 minute Bayer is lobbying U.S. states to adjust their regulatory framework in its battle to wind down costly litigation over its weed killer glyphosate, the German chemicals company's CEO said in a draft speech released on Thursday.
U.S. grains: Soybeans rise on weaker dollar; tariff threats priced in
Reading Time: 2 minutes Chicago soybean futures gained strength on Wednesday from a weaker dollar and a report that China would be open to trade negotiations with the U.S., though big supplies from South America and nearly nonexistent Chinese demand for U.S. beans continued to loom over the market, analysts said.
Bank of Canada holds rates, says tariffs could cause deep recession
Reading Time: 3 minutes The Bank of Canada on Wednesday held its key policy rate at 2.75 per cent, its first pause after seven consecutive cuts, and said that the uncertainty around U.S. tariffs made it impossible to issue regular economic forecasts.
China Q1 pork output rises 1.2 per cent year-over-year, oversupply pressures persist
Reading Time: 2 minutes China's pork output rose 1.2 per cent in the first quarter of 2025 from a year earlier to 16.02 million metric tons, helped by a rise in breeding sows last year, pre-holiday slaughter and heavier hog weights.
U.S. grains: Soybeans slip from highs on weak export demand, trade tensions
Reading Time: 2 minutes Chicago soybean futures fell on Tuesday, a day after hitting a seven-week high, under pressure from weak demand from top buyer China amid an escalating trade war and Brazil's bumper soybean harvest.
China, Vietnam support multilateral trade regime amid U.S. tariff pressure
Reading Time: 2 minutes China and Vietnam expressed their support for maintaining a multilateral trade regime centered around the World Trade Organization in a joint statement issued on Tuesday at the end of a two-day visit by Chinese President Xi Jinping.
A message from April Stewart, Country Guide's Associate Editor
