International Trade
Funds have stretched the long positions on wheat; Soybeans lead the Phase 1 deal purchase
| October 28, 2020 | International Trade | Commodity
Corn * CBOT corn has been following wheat higher, with worrisome northern hemisphere planting weather pushing up the wheat/corn spread. Funds have stretched the long positions on wheat. * Corn loadings remained lackluster out of South America and Ukraine, while US stood to benefit, although loadings in recent weeks stayed range bound. With higher than normal % of the USDA estimated corn exports sold, it suggests the US corn exports could be underestimated by the USDA. So far, we have not witnessed US corn loadings to Brazil, despite the recent removal of import tariffs. * Global corn offtakes recovered in October after a poor September, mainly led by strong US loadings at the start of the 20/21 crop year. Stronger offtakes in Southeast Asia suggest sustained feed demand, limited domestic production and feed wheat supply. * Chinese corn imports remained upbeat despite shrinking import margins, though corn is increasingly priced at a premium to wheat, leading to feed wheat substitution and wheat imports.
This is what Biden has said on major US flashpoints with China
| October 28, 2020 | International Trade
While Joe Biden has spent much of the campaign criticizing U.S. President Donald Trump’s policies toward China, his own platform sounds more like a change of tactics than a strategy overhaul.
Log exports from Russia
| October 28, 2020 | International Trade | Commodity
WTO panel recommends Nigeria’s candidate for top post
| October 28, 2020 | International Trade
The World Trade Organization’s effort to name a new leader hit a new roadblock Wednesday after the Trump administration said it won’t back the appointment of Ngozi Okonjo-Iweala to be the WTO’s next director-general.
Brexit deal inches closer into view as talks make progress
| October 28, 2020 | International Trade
World’s rich nations jostle to lead globalization clubhouse
| October 28, 2020 | International Trade
World’s richest nations jostle to lead globalization clubhouse
| October 28, 2020 | International Trade
CBP automates cargo processing in the Virgin Islands
| October 27, 2020 | International Trade
Key Brexit software won’t be ready on time, developers warn
| October 27, 2020 | International Trade
Vital software needed to keep goods flowing after Brexit won’t be ready in time because the U.K. government has not given developers the information they need, according to a trade group.
Agriculture giants are finally making money from trading again
| October 27, 2020 | International Trade | Commodity
Jaguar expects border chaos with or without a Brexit trade deal
| October 27, 2020 | International Trade
South Korea rebounds from recession as exports jump
| October 27, 2020 | International Trade
Dairy farmers stymie India’s bilateral trade deal with US, EU
What ails Arab economies is older than Covid-19
| October 27, 2020 | International Trade
China ramps up imports from US as trade deal target looms
| October 26, 2020 | International Trade
Biggest export jump since 1986 fuels Korea recession rebound
| October 26, 2020 | International Trade
Huawei CFO to question Canadian police in extradition case
| October 26, 2020 | International Trade
China to sanction Boeing, Raytheon, Lockheed over Taiwan arms
| October 26, 2020 | International Trade
China will impose unspecified sanctions on Boeing Co.’s defense unit, Lockheed Martin Corp. and Raytheon Technologies Corp. after the U.S. State Department approved $1.8 billion in arms sales to Taiwan last week.
Members of Congress ask Commerce Secretary Ross not to Impose Section 232 Tariffs on Electrical Steel Imports
| October 26, 2020 | International Trade | Commodity
Members of Congress are urging Commerce Secretary Wilbur Ross to refrain from imposing Section 232 tariffs on imports of electrical transformers and their components, including grain-oriented electrical steel (GOES). These products are a critical element of this country’s aging electricity infrastructure that desperately needs restoration and upgrade.
U.S. appeals WTO ruling that Trump’s China tariffs were illegal
| October 26, 2020 | International Trade
The Trump administration on Monday appealed a World Trade Organization dispute ruling that said American tariffs on more than $234 billion of Chinese exports violated international rules, a move that rendered the decision effectively moot.
Trending News
Special Reports
Upcoming Events
Latest Print Edition:
- Ocean Carrier Review
- Northeast Ports and Trade
- Air Cargo Quarterly
- Latin America Ports and Trade
© Copyright 1999–2024 American Journal of Transportation. All Rights Reserved