Reading Time: < 1 minute Sydney/Geneva | Reuters — The World Trade Organization (WTO) agreed on Friday to establish a dispute settlement panel to resolve a row over anti-dumping and countervailing duties imposed by China on Australian barley, a trade source attending the meeting said. Australia launched a formal appeal to the WTO last year, seeking a review of China’s […] Read more
WTO creates panel in China-Australia barley row
Coronavirus stalls talks with China on canola ban
Officials 'not in position to pursue technical discussions,' Bibeau says
Reading Time: 2 minutes Ottawa | Reuters — The coronavirus outbreak has stalled talks between Canada and China about Beijing’s decision to block Canadian canola seed shipments, Agriculture Minister Marie-Claude Bibeau said Friday. China, angry at Canada’s detention of a top Huawei Technologies executive in December 2018, blocked all imports of canola seed last March on the grounds they […] Read more
WTO tussles over hard stop or phase-out of appeals system
Reading Time: 2 minutes Geneva | Reuters — The World Trade Organization (WTO) battled on Tuesday over whether to bring its Appellate Body to an abrupt halt or allow its adjudicators to settle a handful of pending cases, according to trade officials present at a meeting on the subject. The Trump administration has for more than two years been […] Read more
U.S. seen likely to win in effort to shut down WTO’s appeals court
Reading Time: 2 minutes Geneva | Reuters — The United States is likely to succeed in shutting down the World Trade Organization’s supreme court because other WTO members are powerless to stop it, diplomats, lawyers and officials said at a conference in Geneva on Friday. The United States has blocked appointments of judges to the Appellate Body, throwing the […] Read more
CBOT weekly outlook: Corn, soy sinking below major support
Reading Time: 2 minutes CNS Canada — Corn and soybean futures on the Chicago Board of Trade softened in value during the week ended Wednesday and could be set to drop even more as growing conditions improve in the U.S. Rainy conditions across the U.S. Midwest and Plains have pressured prices in recent days. The July corn contract sunk […] Read more
U.S. grains: Soybean, corn futures fall
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell 1.9 per cent on Wednesday, dropping below US$10 a bushel for the first time since April 4, on renewed fears about a trade dispute chilling demand from China, the world’s top buyer of the oilseed. Wheat futures ticked higher on short-covering, recovering from a three-week low hit […] Read more
Trade rows spell gain, and pain, for U.S. grain exporters
Reading Time: 2 minutes Chicago | Reuters — Global grain marketers have seized upon trade tensions between the United States and several of its top export markets, including China, to turn around struggling trading units following one of the toughest years ever for the industry. After five years of bumper harvests worldwide that depressed crop prices, trading margins are […] Read more
U.S. livestock: Supplies, trade nerves keep CME hogs on defensive
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures finished mostly lower for a fourth straight session on Monday, pressured by seasonal supply buildup and continued worries about potential trade disputes, said traders. Any trade war with the U.S. will only bring disaster to the world economy, China’s commerce minister said on Sunday. The […] Read more
Canada taking U.S. to WTO in complaint over trade remedies
Reading Time: 2 minutes Geneva | Reuters — Canada has launched a wide-ranging trade dispute against the United States, challenging Washington’s use of anti-dumping and anti-subsidy duties, Canada said in a WTO filing dated Dec. 20 and published on Wednesday. Canada appeared to be mounting a case on behalf of the rest of the world, since it cited almost […] Read more
A message from April Stewart, Country Guide's Associate Editor
