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Fear of New Disease Outbreaks in Pigs Linger after China Floods

Reuters writer Emily Chow reported this week that, “[Chinese producer Cheng’s] farm is one of thousands in Henan, famous for agriculture, and pork production in particular. The province was struck by heavy rains last week that sparked the worst flash flooding…

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Recent News Summaries

Threat of Food Inflation Persists, as Sec. Vilsack Sees Prices Moderating

At the end of last week, Bloomberg News reported that, “Extreme weather is slamming crops across the globe, bringing with it the threat of further food inflation at a time costs are already hovering near the highest in a decade…

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Easing Protein Demand in China Could Slow Soybean Imports

Late last week, Reuters writers Hallie Gu and Gavin Maguire reported that, “China’s soybean imports are set to slow sharply in late 2021 from a record first-half tally, confounding expectations for sustained growth from the top global buyer and denting…

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Kansas City Fed: Outlook for Ag Economy in 2021 Remains Strong

In an update late last week from the Federal Reserve Bank of Kansas City (“Interest Rates for Operating Loans Rise Slightly From All-Time Lows”), Nathan Kauffman and Ty Kreitman pointed out that, “Interest rates on agricultural loans made by commercial…

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Record U.S. Beef Exports Forecast for 2021- Robust Demand from China a Factor

A report last week from the USDA’s Foreign Agricultural Service (FAS), “Banner Year for U.S. Beef Exports in 2021,” stated that, “As countries roll back COVID-19 restrictions, foreign market demand for beef is becoming a bright spot for U.S. producers.”

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African Swine Fever Confirmed on German Pig Farm, While China’s Record Pork Imports Cool

Reuters News reported late last week that, “The first cases of African swine fever have been confirmed in farm pigs in Germany, the country’s federal agriculture ministry said on Friday.”

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China Pork Production Balloons in Second Quarter, While Meat Inflation in the U.S. Climbs

Reuters writers Emily Chow and Dominique Patton reported this week that, “China’s second-quarter pork production surged to its highest in at least seven years, official data showed on Thursday, after producers launched thousands of new breeding farms last year to rebuild…

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