Reading Time: 2 minutes China’s state-owned COFCO bought three U.S. soybean cargoes, two trade sources said, the country’s first purchases from this year’s U.S. harvest, shortly before a summit of leaders Donald Trump and Xi Jinping.
China buys U.S. soybean cargoes ahead of Trump-Xi meet, sources say
U.S. grains: Soybeans set 15-month high on U.S.-China trade deal hopes
Reading Time: 2 minutes Chicago soybean futures reached their highest in 15 months on Tuesday, briefly topping $11 a bushel on optimism that the U.S. could reach a trade deal with China as leaders from both countries are expected to meet in South Korea on Thursday.
Monsoon promise turns sour for India’s crops ruined by late downpours
Reading Time: 2 minutes Indian farmers’ hopes for bumper crops following this year’s abundant monsoon rains were dashed by heavy downpours just before harvest that damaged their fields.
U.S. livestock: Cattle futures sink on concerns over Trump’s push to lower prices
Reading Time: 2 minutes Chicago | Reuters – U.S. cattle futures tumbled on Monday, extending a steep slide after President Donald Trump complained last week that prices were too high. Traders said they were increasingly expecting that Trump’s administration will encourage more imports of beef and cattle in a bid to offset tight U.S. supplies and bring down prices […] Read more
U.S. grains: Soy hits four-month high on hopes for China trade deal
Reading Time: 2 minutes U.S. soybean futures jumped to their highest level in more than four months on Monday on hopes that China will resume buying American supplies after President Donald Trump said the countries were set to reach a trade deal during his trip to Asia this week.
The U.S. corn crop could be the biggest ever. That’s terrible news for America’s farmers.
Reading Time: 6 minutes The USDA predicts a record corn crop for U.S. farmers, who question the agency’s accuracy amidst high debt and low crop prices.
U.S. grains: Soy, corn dip on farmer selling; U.S.-China trade talks in focus
Reading Time: 2 minutes U.S. soybean futures retreated on Friday from a one-month high, pressured by a dip in crude oil prices and a round of farmer selling while market players awaited upcoming U.S. trade talks with China, the world’s top soybean buyer.
UN weather agency reviews priorities as funding falls short
Reading Time: 2 minutes The UN weather agency plans to cut some posts and is reviewing its priorities as dozens of countries, including the United States, are late with their fees, a spokesperson said on Friday.
Carney visits Asia to forge new alliances and reduce U.S. dependence
Reading Time: 3 minutes Canada’s Prime Minister Mark Carney embarks on his first official visit to Asia on Friday in an attempt to deepen trade and security ties at a time when the North American country is struggling to lessen its overwhelming dependence on the U.S. and redefine its foreign policy in pursuit of new markets.
Trump says talks with Canada off after ad invokes Reagan as free-trader
Reading Time: 3 minutes U.S. President Donald Trump intensified his criticism of Canada on Friday after terminating trade talks over a Canadian political advertisement that used Republican icon Ronald Reagan saying tariffs cause trade wars and economic disaster.
A message from April Stewart, Country Guide's Associate Editor
