A Closer Look at China’s Pork Production, “A Strategic Imperative”
Writing on the front page of the Business Section in Friday's New York Times, Daisuke Wakabayashi and Claire Fu reported that, "The first sows arrived in late September at the…
Record Year for U.S. Farm Exports in 2022- Soybeans, Corn, Wheat in Focus
A news release Friday from the U.S. Department of Agriculture stated that, "The American agricultural sector posted its best export year ever in 2022 with international sales of U.S. farm…
FAS: “Brazil and the United States Vie for World’s Top Corn Exporter”
In its monthly Grain: World Markets and Trade report yesterday, the USDA's Foreign Agricultural Service (FAS) indicated that, "Brazil 2022/23 corn exports (Oct-Sep) are forecast to equal those of the…
Flow From Black Sea Grain Export Deal Slowed by Russia, ERS- Challenges for the Deal “Remain”
Bloomberg writers Kateryna Choursina and Aine Quinn reported on Monday that, "From his post at the mouth of the Black Sea, Ukrainian ship inspector Ruslan Sakhautdinov has seen his Russian…
Tension With China, The Largest Market for U.S. Ag Exports
In prepared remarks at a Senate Farm Bill hearing last week, Alexis Taylor, USDA's Under Secretary of Trade and Foreign Agricultural Affairs, explained that, "With a population of 1.4 billion…
FAS Reports Highlight Brazil and Argentina Crop Production and Exports
The USDA’s Foreign Agricultural Service (FAS) indicated in a report this week, “Brazil: Grain and Feed Update,” that, "Brazilian agricultural production is expected to continue growing in 2023, maintaining the…
Brazil, U.S., Ukraine, Australia Grain Exports, and China Growth, in Focus
Bloomberg writers Tarso Veloso Ribeiro and Michael Hirtzer reported late last week that, "Global demand for corn will come back to the US in the coming months, according to Archer-Daniels-Midland…
FAS Report Highlights China’s Corn Imports From Brazil; While Rice Prices Climb
The USDA's Foreign Agricultural Service (FAS) indicated in a report this week, "China: Grain and Feed Update," that, "Post forecasts MY2022/23 corn imports at 18 MMT, the same as USDA's…
USDA, USTR Officials Meet in Mexico on Corn-Import Law; Wheat Dips
Bloomberg writer Eric Martin reported yesterday that, "Mexico’s proposed changes to a planned ban on imports of US corn are insufficient, the Biden administration warned, saying that it continues to…
U.S. Sorghum Exports Dwindle on “Near-Evaporation” of Chinese Demand, as China Looks to Brazilian Corn
In its monthly Grain: World Markets and Trade report for January, the USDA's Foreign Agricultural Service (FAS) indicated that, "U.S. sorghum exports for 2022/23 are forecast down 1.5 million tons…
China: Pork Prices Fall, While Soybean Production Improves, as Covid Hits Countryside
Bloomberg writer Jinglu Gu reported today that, "China is ramping up Covid preparations in rural areas ahead of Lunar New Year holidays that may unleash a surge in infections across…
In “Historic Shift,” China’s Population Falls, as its Economic Growth “Near-Historic Low”
Eleanor Olcott and Sun Yu reported yesterday at The Financial Times Online that, "China’s population fell in 2022 for the first time in decades in a historic shift that is…
FAS: Record U.S. FY 2022 Agricultural Exports to China
In a report this month from USDA’s Foreign Agricultural Service (FAS), “Record U.S. FY 2022 Agricultural Exports to China,” Graham Soley indicated that, "U.S. agricultural exports to China in fiscal…
China’s Population Likely Shrinking, India May Become Most Populous Country This Year
Earlier this week, Bloomberg News reported that, "China’s population likely started shrinking last year for the first time in decades, experts say, a significant milestone that will have long-term repercussions…
Covid “Hammering” Rural Areas in China, While Wheat, Soybean, Rice Variables in Focus
Bloomberg News reported yesterday that, "Omicron has swept through China’s major cities including Beijing, Shanghai and Guangzhou, overwhelming hospitals and causing widely-reported, if officially unrecorded, fatalities."
China Concerned About Farmers, Countryside as Covid Surges
Late last week, Bloomberg writer Jinglu Gu reported that, "China has asked farmers to avoid large gatherings and send their Lunar New Year greetings virtually to try and curb the…
China: Road to Recovery Could “Be Uneven and Painful”
Keith Bradsher reported on the front page of Tuesday's New York Times that, "China’s reversal of its Covid restrictions in early December was meant to help places like Guangzhou [the commercial…
Global Food Crisis: Russia’s War With Ukraine “Contributing to Widespread Starvation,” and “Injects Volatility Into Grain Futures”
Edward Wong and Ana Swanson reported on the front page of today's New York Times that, "Hulking ships carrying Ukrainian wheat and other grains are backed up along the Bosporus…
After September Peak, Dollar Rally Eases- Trade Implications
Chelsey Dulaney reported in Friday's Wall Street Journal that, "The U.S. dollar’s rally in 2022 gave the world a reminder of the currency’s ability to inflict pain on the global…
FAS: U.S. Beef Exports to East Asia in 2022, Again on Record Pace
In a report yesterday from USDA's Foreign Agricultural Service (FAS), "U.S. Beef Exports to East Asia on Record Pace," Ivan Lee indicated that, "U.S. beef exports to East Asia in…