Insights and Stories of Ella Cao

Apr. 14, 2025 at 4:41 pm CDT

Global grain merchant Archer-Daniels-Midland has begun shutting down domestic trading operations in China and laying off staff within its largest business segment as part of a global cost-cutting push, the company said in an emailed statement on Monday.

By Ella Cao, Karl Plume, Reuters

Apr. 4, 2025 at 9:26 am CDT

China's retaliation on Friday against new U.S. tariffs is poised to accelerate Beijing's move towards alternative suppliers for agriculture goods including Brazil, a shift that began during the trade war of President Donald Trump's first term.

By Ella Cao, Naveen Thukral, Reuters

Mar. 14, 2025 at 10:38 am CDT

China is likely to face a supply shortage of canola (rapeseed) meal by the third quarter of this year as Beijing's tariffs on shipments from top exporter Canada disrupt trade and as alternative sources are unlikely to make up the deficit.

By Ella Cao, Mei Mei Chu, Reuters

Mar. 11, 2025 at 10:04 am CDT

Zhengzhou Exchange on Tuesday raised the trading margin requirements for some rapeseed (canola) meal futures contracts to 9 per cent from seven per cent after Beijing's 100 per cent tariff on Canadian imports triggered a two-day rally that pushed prices to a five-month high.

By Ella Cao, Mei Mei Chu, Reuters

Mar. 10, 2025 at 11:18 am CDT

Zhengzhou rapeseed (canola) meal and oil contracts jumped on Monday, the first day of trade since China decided to impose 100 per cent tariffs on imports of those agricultural products from Canada.

By Ella Cao, Mei Mei Chu, Reuters