China – U.S. Trade Prospects Buoyed by “Substantial Progress” in Talks

The Chinese delegation stated that during the latest round of talks in Washington, the two sides focused on the text of the agreement. This is the seventh round of talks since February last year. The...

EU Allows U.S. Soybean Imports For Biofuel

The European Commission said on January 29 it had approved U.S. soybeans that meet the technical requirements by the European Union (EU) for producing biofuels, as part of the bloc’s efforts to ease tight...

Soybean Prices Kept in Check Despite Tariff Dispute

Soybean prices didn’t suffer major fluctuations in 2018, despite the significant cuts of imports from the US due to the trade spat, according to the Ministry of Agriculture and Rural Affairs. Prices of imported soybeans...

EU Imports of Soybeans from the U.S. Up 112%

According to information released by the European Commission, in the market year from July to December 2018, European imports of U.S. soybeans increased by 112% at 5,181,833 tonnes from the same period in the...

China to Remove Some Import, Export Tariffs in 2019 Amid Open-Trade Drive

As China further opened up the economy, the Ministry of Finance announced on December 24 that China will cut or scrape import and export tariffs on certain items starting 2019. In an online statement, China...

China Resumes Purchase of U.S. Soybeans

Chinese companies made a big purchase of U.S. soybeans(worth $180 m) on Wednesday December 12, a sign that the biggest buyer of U.S. soybeans is turning back to the market that had suffered from...

Brazilian Agricultural Exports to Surpass $100 Billion in 2018

Brazilian exports of agricultural commodities in the whole 2018 are estimated to expand to as much as $102 billion, thanks to the world’s growing city population and resilient demand from China, which is stuck...

U.S. Farming Sector Stocks Up Chinese Chemicals Before Tariffs Kick in

U.S. suppliers for agricultural production are building up stockpiles of the Chinese chemicals that farmers use to control pests and improve yields - before new more-than-double tariffs on those Chinese products kick in on...

Oil Prices Rally As Doha Quits OPEC, China And US Agree On No Additional...

Oil prices rose on Monday December 3, as China and US agreed not to levy new tariffs on each other and Qatar decided to quit OPEC, wrapping up its 57-year membership. The world’s largest and...

Russia Competes With EU, U.S. For New Wheat Export Markets

Russia, already the world’s largest wheat exporter, set its mind to step further into some new markets dominated by the European Union and United States in efforts to squeeze into places what have usually...

MOST POPULAR

EU and Japan Sign Free Trade Agreement

The European Union(EU) and Japan signed an agreement on tariff reduction on Tuesday. According to the deal, 99 percent of the tariffs on Japanese...