Reading Time: 2 minutes China imported the most soybeans on record in 2024 as buyers concerned about rising U.S.-China trade tensions rushed to secure U.S. supplies ahead of President-elect Donald Trump's inauguration.

China soybean imports hit record in 2024 ahead of Trump inauguration

China rapeseed meal futures slide after Trudeau announces plans to resign
Reading Time: < 1 minute China's rapeseed meal futures fell to a three-week low on Tuesday after Canadian Prime Minister Justin Trudeau's plans to resign sparked hope that trade tensions between Beijing and Ottawa will soften.

Trump’s policies may not prove inflationary, Bernanke, others say
Reading Time: 3 minutes A number of leading economists, including advisers to past U.S. presidents, have coalesced around the view that President-elect Donald Trump's plans to broaden tariffs, cut taxes and curb immigration may not prove as inflationary as early analysis had suggested.

China’s state importer books US soy purchases as tariff threat looms
Reading Time: 3 minutes China's Sinograin has bought nearly 500,000 metric tons of U.S. soybeans this week for shipment in March and April, paying more for U.S. supplies for state reserves rather than buying cheaper Brazilian beans, two U.S. traders familiar with the deals said.

China to promote modernization of farms in pledge to stabilize grain output
Reading Time: 2 minutes China will accelerate the pace of agricultural and rural modernization and stabilize grain planting area in its quest to ensure stable and high production of grains, state media reported on Wednesday, citing an annual rural policy meeting.

Finance minister Freeland quits after clash with Trudeau
Freeland says Trudeau's push for spending could hurt Ottawa's ability to deal with potential tariffs as Trump assumes office
Reading Time: 4 minutes Federal Finance Minister Chrystia Freeland quit on Monday after clashing with Prime Minister Justin Trudeau on issues including how to handle possible U.S. tariffs, dealing a huge blow to an already unpopular government.

Freeland resigns from cabinet
Reading Time: < 1 minute Deputy Prime Minister Chrystia Freeland announced Monday morning she will be stepping down from her position as finance minister and resigning from cabinet.

Canadian beef producers urged to lean into coalitions with U.S. producers to ward off Trump tariff threats
Reading Time: 2 minutes Relationships developed between Canadian, American and Mexican cattle producers during country-of-origin labelling discussions more than a decade ago may help protect Canadian cattlemen from damaging tariffs proposed by US president-elect Donald Trump, said the former head of the national cattle organization.

China, EU account for upswing in Canadian grain, oilseed exports
Total exports through October up more than 18 per cent
Reading Time: 2 minutes Exports of Canadian oilseeds and grains for 2024/25 largely continued to be ahead of those a year ago, monthly data from the Canadian Grain Commission showed. Bulk exports through licensed facilities during the first three months of the current marketing year are more than 12.22 million tonnes, which compares with the approximately 10.33 million the same time last year.

Chinese buyers slash Canadian canola imports on fears of anti-dumping duty
Reading Time: 2 minutes Chinese importers are scaling back purchases of Canadian canola with shipments from December likely to plunge as most buyers are reluctant to sign new deals for fear that Beijing could impose retaliatory anti-dumping duties.