Reading Time: 2 minutes China imported 8.09 million metric tons of soybeans in October with buyers rushing to stockpile before Donald Trump takes office early next year, as the world's top soybean buyer heads for its largest annual imports on record.
China set for record soybean imports in 2024 ahead of Trump’s inauguration
U.S. farm producers brace for hit to exports to China in Trump administration
Reading Time: 2 minutes Some U.S. agriculture producers are bracing for the prospect of a fresh trade war under U.S. President-elect Donald Trump again hitting exports of farm goods to China, but they said while any new tariffs would hurt, they felt better prepared.
Trump’s tariffs would reorder trade flows, raise costs, draw retaliation
Reading Time: 4 minutes Iowa farmer Bob Hemesath is worried that U.S. agriculture will pay dearly if Donald Trump wins Tuesday's presidential election and makes good on a vow to swiftly impose a 60 per cent tariff on Chinese goods and at least a 10 per cent levy on all other imports.
China seeks stronger soybean ties with Russia
Reading Time: < 1 minute China is willing to cooperate more closely with Russia in the soybean industry, its agriculture ministry quoted an official as saying on Wednesday, without giving any details.
EU slaps tariffs on Chinese EVs, risking Beijing payback
Reading Time: 3 minutes The European Union has decided to increase tariffs on Chinese-built electric vehicles to as much as 45.3 per cent at the end of its highest profile investigation that has divided Europe and prompted retaliation from Beijing.
Opinion: BRICS summit shows determination for a new world order – but internal rifts will buy the West some time
Reading Time: 4 minutes There's an internal battle in BRICS over its future direction. This, in turn, creates space and time for the West to exercise more positive and constructive influence in the ongoing process of reshaping the international order.
China moves to develop rural economy with plan to boost farmers’ income
Reading Time: < 1 minute China's agriculture ministry outlined measures on Thursday for provincial governments to boost farmers' income by developing the rural economy, including efforts to spur employment of migrant workers.
ICE Weekly: Production uncertainty, forthcoming Chinese action fueling canola’s upswing
January contracts climbs $36/tonne
Reading Time: 2 minutes Buyers for China and others scooping up as much canola as they can, fueling hike in Intercontinetal Exchange canola futures.
US exporters race to ship soybeans as looming election stokes tariff worries
Reading Time: 2 minutes U.S. soybean export premiums are at their highest in 14 months, as grain merchants race to ship out a record-large U.S. harvest ahead of the U.S. presidential election and fears of renewed trade tensions with top importer China, traders and analysts said.
China’s rapeseed meal contract drops after Canada plans some relief from EV tariffs
Reading Time: < 1 minute China's rapeseed meal futures sunk 4.6 per cent on Monday on hopes that Beijing would ease an anti-dumping probe on imports of Canadian rapeseed after Ottawa said it would grant firms temporary relief from tariffs on Chinese electric vehicles.
A message from April Stewart, Country Guide's Associate Editor
