trade

Bloomberg writers Kim Chipman and Michael Hirtzer reported on Wednesday that, "Corn prices climbed above $6 a bushel to the loftiest level in almost eight years after the U.S. said it expects China to buy an all-time high amount of…

Reuters writers Shivani Singh and Dominique Patton reported this week that, "China’s March soybean imports from Brazil plunged as rain delayed some shipments from the world’s top exporter, but U.S. bean imports rocketed more than fourfold as delayed cargoes arrived, hitting…

Bloomberg News reported on Monday that, "China’s pork imports jumped to an all-time high in March on supply concerns following a resurgence of African swine fever in the world’s biggest consumer and producer."

Reuters writer Dominique Patton reported late last week that, "China’s first-quarter pork production rose 31.9% from a year earlier to 13.69 million tonnes, data showed on Friday, the highest quarterly volume in two years."

Bloomberg News reported on Tuesday that, "China imported a record amount of meat in March on supply concerns as hog herds in the world’s biggest pork consumer struggled to recover from African swine fever."

Last week, Bloomberg writer Andy Hoffman reported that, "Agricultural commodities are poised for a “mini supercycle” as China’s rampant demand keeps supplies tight, according to the head of a key Cargill Inc. trading unit that’s seeing its best results in…

Last week, Reuters News reported that, "Philippine President Rodrigo Duterte on Wednesday reduced pork import tariffs as the government seeks to address a domestic shortage by ramping up purchases from abroad."

This week, the USDA's Foreign Agricultural Service (FAS) released its 2020 U.S. Agricultural Export Yearbook, a statistical summary of U.S. agricultural commodity exports.  Today's update includes highlights from the report, with a focus on soybeans, corn and pork.

Reuters writer Dominique Patton reported late last week that, "A wave of African swine fever outbreaks this year has wiped out at least 20% of the breeding herd in northern China, industry sources and analysts said, exceeding expected losses and…

Reuters News reported last week that, "China reported an outbreak of African swine fever in Xinjiang region, the agriculture ministry said on Wednesday."

Last week, New York Times writers Vivian Yee and Peter S. Goodman reported that, "Trying to convey the sheer scale of the nearly quarter-mile-long container ship that has been stuck in the Suez Canal since Tuesday evening, some news outlets compared…

Writing recently in the CARD (Center for Agricultural and Rural Development) Agricultural Policy Review, from Iowa State University (“Is China’s Hog Rebuilding Complete? Reconciling Inventory and Price Data“), Dermot Hayes, Xi He, and Wendong Zhang stated that, "The African swine fever…

William Mauldin reported in Saturday's Wall Street Journal that, "High-level talks between the Biden administration and Beijing that veered into acrimony put the U.S.-China rivalry in sharp relief, complicating efforts by the two powers to erect guardrails and keep tensions…

Bloomberg News reported on Wednesday that, "China, the biggest corn consumer after the U.S., is still short of the feed grain, and more overseas purchases are likely."

Earlier this month, Bloomberg News reported that, "African swine fever is re-emerging in Asia, threatening to upend efforts to replenish national herds after the virus killed tens of millions of pigs in the region and created a huge shortage of…

Wall Street Journal writer Jesse Newman reported on Wednesday that, "China is once again the U.S.’s chief customer for agricultural goods, three years after the start of a bruising trade war that prompted American farmers to try to wean themselves…

On Thursday, the Senate Finance Committee held a confirmation hearing for U.S. Trade Representative nominee Katherine C. Tai.

Financial Times writers Emiko Terazono and Sun Yu reported last week that, "Record purchases by China have sent corn prices soaring since the end of last year, leaving farmers and analysts pondering how long the surge can be sustained."

Financial Times writer Emiko Terazono reported last week that, "Global food prices have reached their highest in almost seven years, further raising the spectre of food inflation and hunger at a time when the Covid-19 pandemic continues to hit economies…

Last week, Reuters writers Mark Weinraub and Karl Plume reported that, "China booked its biggest purchase of U.S. corn yet, the U.S. Agriculture Department said on Friday, buying more at once than any country except the Soviet Union 30 years…