Reading Time: 2 minutes Canadian wild rice producers, warehousers and processors interested in exporting to China now have a certification system in place to do so, clearing the way for Chinese market access. The Canadian Food Inspection Agency on Thursday released details of a new certification program in which the agency can approve Canadian wild rice processing, warehousing and […] Read more
Systems set to ship Canadian wild rice to China
China, Canada resolve canola dispute until 2020
Reading Time: 2 minutes Ottawa | Reuters — Canada and China have agreed on a solution to a trade dispute over $2 billion worth of annual canola sales, lasting to 2020, leaders of the two countries said on Thursday. The solution is “predictable, science-based and stable,” ensuring access for Canadian shipments to China, Canadian Prime Minister Justin Trudeau said […] Read more
China now taking Canadian bone-in beef
Reading Time: 2 minutes China’s premier has announced the country will accept bone-in Canadian beef from cattle under 30 months of age (UTMs) starting today, according to the Canadian Cattlemen’s Association. The expanded access is expected to add another $10 million per year in exports to China in the short term, the CCA said, given that Canada’s beef cattle […] Read more
China to conditionally lift ban on some U.S. beef
Reading Time: 2 minutes Beijing | Reuters –– China has conditionally lifted an import ban on some shipments of U.S. boneless beef and beef on the bone, the country’s agriculture ministry and quality watchdog said on Thursday. The lifting of the ban applies to imports of beef from animals under 30 months old (UTMs), according to a statement posted […] Read more
ICE weekly outlook: Export uncertainty dogs canola
Reading Time: 2 minutes CNS Canada — Canola futures don’t appear ready to climb drastically higher anytime soon as uncertainty over Chinese buying weighs on the market, according to a Winnipeg trader and analyst. The recent grain stocks report compiled by Statistics Canada has become a source of pressure for canola, said Ken Ball of PI Financial. StatsCan’s report […] Read more
U.S. challenges Chinese wheat, corn, rice price supports at WTO
Reading Time: 2 minutes Washington | Reuters — The United States on Tuesday launched a challenge to China’s price supports for domestic production of rice, wheat and corn at the World Trade Organization, charging that these far exceed limits that China committed to when it joined the WTO in 2001. The U.S. Trade Representative’s office said China’s “market price […] Read more
U.S. grains: Soy, corn, wheat gain ahead of USDA supply data
Reading Time: 2 minutes Chicago | Reuters –– U.S. corn, soybeans and wheat each rose one per cent or more on Wednesday, lifted by short-covering linked to export demand prospects and expectations of bullish supply data due next week from the U.S. Department of Agriculture. USDA earlier said exporters sold 484,000 tonnes of U.S. soybeans to China and unknown […] Read more
ICE weekly outlook: Canola sees ‘bump in a bear market’
Reading Time: < 1 minute CNS Canada — News that China would delay its implementation of stricter dockage restrictions on Canadian canola shipments gave ICE Futures Canada contracts a boost on Wednesday, but values are still trending lower overall. “It’s a bump in a bear market,” said analyst Errol Anderson of Pro Market Communications in Calgary, on the initial reaction […] Read more
China delays new canola rules in late reprieve for Canada
Reading Time: 2 minutes Beijing | Reuters –– China agreed on Wednesday to delay introducing stricter rules on shipments of canola from Canada while both countries work to end a months-long trade spat over sales of the oilseed, offering an 11th-hour temporary reprieve for Canada’s farmers. Just a day before the new standards were due to go into force, […] Read more
Canadian canola exporters book sales to China
Reading Time: 2 minutes Winnipeg | Reuters — Canadian exporters are making small sales of canola to China under Beijing’s stricter terms, an industry group and three sources said, possibly undermining Ottawa’s hardline negotiating stance with the world’s top market for the oilseed. The dispute over the new shipping standard, which industry groups in the world’s biggest canola exporter […] Read more
A message from April Stewart, Country Guide's Associate Editor
