Reading Time: < 1 minute Don’t expect a return to normal geopolitical conditions — at least not if you think the past several decades were normal. That was Janice Gross Stein’s message March 8, in an opening address to the Canadian Crops Convention. The noted political scientist and founding director of the Munk School of Global Affairs & Public Policy […] Read more
As globalization fades new strategies needed
U.S. wants WTO dispute system fixed by 2024
Appeals body frozen since Trump era; Washington 'very committed' to reform
Reading Time: 2 minutes Geneva | Reuters — The United States is entering a third phase of talks with countries to reform the World Trade Organization’s (WTO) hobbled trade dispute arbitration system and aims for it to be “fully functioning” by the end of 2024, the U.S. ambassador to the WTO told Reuters on Thursday. The WTO’s appeals bench, […] Read more
Brazil moves closer to China corn exports as Beijing approves traders
Reading Time: 2 minutes Beijing/Sao Paulo | Reuters – Chinese customs updated its list of approved Brazilian corn exporters on Wednesday, a move a Brazilian agriculture official said could jumpstart sales of corn to the world’s second-largest economy. The approvals could reshape global trade flows and result in fewer sales for farmers in the United States, the world’s top corn supplier. […] Read more
China’s U.S. ag imports soar to new highs in 2022, but volumes vary
Reading Time: 2 minutes Naperville, Ill. | Reuters – China is on track to be the leading international buyer of U.S. agricultural products for a third consecutive year, as the total value of exported goods reached record levels in the first half of 2022. Some of that can be explained by increased trade volumes of certain items, particularly beef, but […] Read more
Is Canada’s coming Indo-Pacific strategy too little, too late?
Canada has high hopes to grow its agriculture trade in the Indo-Pacific region, but strategists say Canada must look beyond trade or face continued irrelevance
Reading Time: 5 minutes Glacier FarmMedia – If Canada wants to continue to grow its agriculture trade in one of the fastest growing regions of the globe, it needs a new strategy. It needs to reconsider its ‘trade mission’ diplomacy strategy in the Indo-Pacific region and become relevant to the countries there. “Economic interests can no longer be separated […] Read more
Home ground
In New Zealand, farmer Ed Pinckney helped his entire country see the cost of being so open to Chinese investment
Reading Time: 7 minutes While they may be in different hemispheres and on opposite sides of the world, there are a lot of similarities between New Zealand and Canada. The New Zealand economy is driven by their land and natural resources. So is Canada’s. Our agriculture is heavily dependent on exports. So is theirs. The Kiwis export nearly 90 […] Read more
China calls for overhaul of farm subsidy rules under WTO
Reading Time: 2 minutes Beijing | Reuters – China on Thursday called for the removal of “enormous” farm subsidies in some developed countries as part of Beijing’s push for reform of the World Trade Organization. “There are very unfair rules in the agriculture sector, and enormous subsidies some developed country members are entitled to, that severely distort international agricultural trade,” Wang […] Read more
CBOT weekly outlook: Potential U.S.-China trade deal moving markets
Reading Time: 2 minutes Speculation regarding a potential trade deal between the United States and China is sparking movement on the Chicago Board of Trade (CBoT). Ryan Ettner, broker for Allendale Inc. in McHenry, Ill., said there was optimism on the markets last week when trade representatives from both nations restarted talks. With the countries’ current deal expiring at […] Read more
Slow U.S. corn shipments could pressure supply forecasts
Reading Time: 2 minutes Reuters – The United States has already secured a record corn export campaign for the nearly concluded season, but the shipments are unlikely to match the government’s current forecast because the pace has recently been too slow. Disappointing export inspections last week – a marketing year low – might be an indication that the U.S. […] Read more
India to launch $1.48 bln plan to raise oilseed output, cut imports
Reading Time: 1 minute New Delhi | Reuters – India will launch a 110 billion rupee ($1.48 billion) plan to boost domestic oilseed production to make the country self-sufficient in edible oil, Prime Minister Narendra Modi said on Monday, a move that will cut costly vegetable oil imports. India is the world’s biggest vegetable oil importer and spends an […] Read more
A message from April Stewart, Country Guide's Associate Editor
