Reading Time: 2 minutes Rapid planting paces for major U.S. crops outweighed President Donald Trump's comments on trade with China at the Chicago Board of Trade during the week ended April 23.

CBOT Weekly: Planting pace outweighs Trump comments

US signals willingness to de-escalate trade war with China
Soybean futures jump on hopes of lower trade barriers
Reading Time: 2 minutes U.S. Treasury Secretary Scott Bessent said on Wednesday that high tariffs between the United States and China are not sustainable, as President Donald Trump's administration signaled openness to de-escalating a trade war between the world's two largest economies that has raised fears of recession.

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
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

Who is likely to win a trade war between the U.S, China?
Some analysts think it’s a war China cannot afford to fight, while others believe the country is in better postion than last time
Reading Time: 3 minutes China's slumping economy might not be able to withstand a prolonged trade war with the United States, according to an analyst.

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.

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.

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.

ADM halting domestic trading in China, cutting jobs in Shanghai
Reading Time: < 1 minute Global grain merchant Archer-Daniels-Midland has begun shutting down domestic trading operations in China and laying off staff within its largest business segment as part of a global cost-cutting push, the company said in an emailed statement on Monday.

Canadian Meat Council calls for federal support for pork processors, producers
Some packers are projecting losses of over $100 million this year in face of Chinese tariffs, council says
Reading Time: < 1 minute The Canadian Meat Council says pork processors and farmers need targeted support from the federal government to maintain the viability of packers and to not lose jobs.

China expands access for Spanish pork as trade tensions with US mount
Reading Time: 2 minutes China has signed two agricultural trade protocols with Spain covering pork and cherries as the world's second largest economy acts to bolster ties with the European Union amid an escalating trade war between Beijing and the U.S.