Reading Time: 2 minutes Paris | Reuters — A prohibitive Chinese import tariff on Australian barley will benefit other suppliers without changing the bleak global outlook caused by large stocks and depressed beer demand, analysts and traders said. Beijing said on Monday it would apply an 80.5 per cent tariff on Australian barley imports for the next five years, […] Read more
China-Australia row to reshuffle trade in bulging barley market
Gains for Canada, other exporters won't be 'magical'
Feed weekly outlook: Barley prices strong
Jury still out on impact of China-Australia trade spat
Reading Time: < 1 minute MarketsFarm — Feed grain prices across the Prairies have been stronger during the week ended Thursday, buoyed by rainy conditions in southern Alberta coupled with steady demand. “To fill the gaps, prices have had to go up,” said Allen Pirness of Market Place Commodities in Lethbridge. Prices for feed barley went up by about $5 […] Read more
China hits Australia with barley tariff
Duty to last for five years; China may turn to Canada, other exporters
Reading Time: 2 minutes Beijing/Sydney | Reuters — China added to tensions with Australia on Monday by announcing anti-dumping and anti-subsidy duties totalling 80.5 per cent on Australian barley imports from Tuesday (May 19), which is expected to all but halt a billion-dollar trade between them. China’s ministry of commerce said it had confirmed dumping by Australia and significant […] Read more
More Mexican beef headed to U.S. dinner tables as supply crunch bites
"I think we're going to leap past Canada this year"
Reading Time: 3 minutes Mexico City/Chicago | Reuters — More Mexican steaks and other beef cuts are headed north of the border after the coronavirus outbreak has hobbled U.S. meat processing plants, potentially offsetting fears of shortages affecting businesses from fast-food chains to grocery stores but angering U.S. ranchers. The Mexican industry chalks up the export growth to new […] Read more
Australia requests China trade talks over beef, barley
Reading Time: 2 minutes Sydney | Reuters — Australia’s trade minister is seeking urgent talks with his Chinese counterpart after key agriculture exports were hit with suspensions and tariff threats, but said Australia will continue to push for an inquiry into the COVID-19 outbreak. Trade minister Simon Birmingham requested a telephone call with Chinese commerce minister Zhong Shan after […] Read more
Global wheat, corn, soy production expected to increase
Reading Time: < 1 minute MarketsFarm — Global crop production in the latest monthly supply and demand report from the U.S. Department of Agriculture (USDA) is expected to increase for wheat, corn and soybeans. USDA released its world agriculture supply and demand estimates (WASDE) on Tuesday. The expectation is that global wheat production will be bumped up by 0.56 per […] Read more
Grains, oilseeds, pulses hold their own amid pandemic
Reading Time: 3 minutes MarketsFarm — Prices for grains, oilseeds and pulses are not as bad off as livestock values are due to the COVID-19 pandemic, according to Neil Townsend, chief market analyst for FarmLink Solutions in Winnipeg. FarmLink hosted a webinar Wednesday to provide its outlook for the coming crop year. One thing Townsend stressed was there is […] Read more
Canola production paths diverge for Canada, Australia
Issues seen in Canadian crop quality, logistics
Reading Time: 2 minutes MarketsFarm — Canola production is on different paths in Canada and Australia, according to the respective attachés from the U.S. Department of Agriculture (USDA). For the world’s top two canola exporters, the attachés forecast production in Canada to remain steady and project strong gains for Australia. USDA’s Foreign Agricultural Service (FAS) published the reports Monday, […] Read more
U.S. grains: Wheat futures rally, pull corn higher
Chicago soybean futures weaken
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures surged 4.5 per cent on Tuesday, their biggest gain since May, as cuts to the harvest outlook in Australia bolstered prospects for U.S. exports, traders said. The rally in wheat, which closed near session highs as technical buyers entered the market after the early strength, underpinned the corn […] Read more
Strong export demand, acreage ahead for barley
Lower supplies from Australia benefit Canadian growers
Reading Time: 2 minutes MarketsFarm — Canadian malting barley acreage is expected to remain high in the coming year, mostly due to strong export demand. Peter Watts, managing director of the Canadian Malting Barley Technical Center in Winnipeg, said tough harvest conditions were partially to blame for lowered malt barley output in 2019. “We had a fairly lousy harvest, […] Read more
A message from April Stewart, Country Guide's Associate Editor
