China’s tariff threats on Australian barley force farmers to pause mid-planting

China’s tariff threats on Australian barley force farmers to pause mid-planting Australian grain farmers have stopped sowing barley mid-stream in some paddocks as they brace for lower prices and the prospect of losing a major market in a brewing trade storm. At the weekend, farmers were told by Australian grain groups that China was proposing …

Recovery Quickens as PBOC Vows Support

Recovery Quickens as PBOC Vows Support Chinese industrial commodities began the week on the front foot after the central bank pledged more powerful policies to combat the coronavirus’s hammer blow to growth. The evidence of the past few days, from shrinking crude and metals stockpiles, to the rebound in car sales and usage, suggest that …

China’s April Soybean Imports Fall to Lowest in Five Years

China’s April Soybean Imports Fall to Lowest in Five Years Soybean imports by China fell 12% in April from a year earlier on delayed loadings from top supplier Brazil and as the coronavirus pandemic hurt demand from restaurants. * The country shipped in 6.7 million tons in April, compared with 7.6 million tons in the …

Brazil Caps Best Month Ever for Soy Exports Amid Forex Woes

Brazil Caps Best Month Ever for Soy Exports Amid Forex Woes (Bloomberg) — Brazil never shipped so many soybeans in a single month as it did in April. A combination of currency weakness, record harvest and logistical improvements helped the nation export 16.3 million metric tons last month, according to preliminary data released by the …