Pork Export Variables and China
Earlier this month, in its Livestock and Poultry: World Markets and Trade report, the USDA's Foreign Agricultural Service (FAS) stated that, "Driven by higher estimates for pork, the China total…
Chinese Demand Undergirds Robust Soybean, Corn Prices
Reuters writers Hallie Gu and Dominique Patton reported last week that, "China’s soybean imports jumped 13% to an annual record in 2020, customs data showed on Thursday, after crushers ramped…
Need for Animal Feed: China Approves GMO Corn Varieties
Bloomberg News reported earlier this week that, "China approved two genetically modified corn varieties from Bayer AG and Syngenta AG for imports as demand for animal feed surges."
Phase One Ag Targets Lag, But U.S. Soybean and Corn Exports to China Surge
Last week, Bloomberg News reported that, "China is far away from meeting its U.S. trade-deal commitments, with the latest data showing it’s imported just over half of the American goods…
Brazil in “Advanced” Talks with China to Boost Corn Sales as China’s Hog Herd Rebuilds
Last week, Bloomberg writers Isis Almeida, Samy Adghirni, and Tatiana Freitas reported that, "Brazil is close to an agreement that would allow the world’s second-largest corn exporter to boost sales…
“Dynamic” Forecast for Feed Grain Trade, and China is the “Primary Driver.”
Last week, in its monthly Grain: World Markets and Trade report, the USDA's Foreign Agricultural Service (FAS) explained that, "Trade data for 2019/20 (October-September) are largely complete. Many countries imported record…
Corn Exports: Chinese Pigs, American Crops- “Increasingly Interdependent”
On Monday, Reuters writer Dominique Patton reported that, "Behind the walls of a hulking industrial compound in rural China, top pig producer Muyuan Foods is trying to raise more hogs on…
China Imports of U.S. Corn Next Year Could Hit 30 Million Tons
Bloomberg News reported late last week that, "China is set to import more U.S. corn, with volumes for next year seen hitting the top end of market expectations and squeezing…
USDA Agricultural Trade Outlook- FY 2021 U.S. Exports Forecast Up $11.5 Billion
On Monday, the USDA released its Outlook for U.S. Agricultural Trade, a quarterly report from the Department’s Foreign Agricultural Service (FAS) and Economic Research Service (ERS).
Factors Taming China’s Demand for Imported Pork, as Supplies Build in Europe
Wall Street Journal writer Lucy Craymer reported late last week that, "China’s voracious appetite for imported meat is starting to wane, as domestic pork prices fall and consumer worries grow…
China’s Grain Buying Is “Rocking the Global Market”
Late last week, Reuters writers Hallie Gu, Maximilian Heath, and Naveen Thukral reported that, "Chinese feed producers, pig farmers and traders are reshaping the global grain market as they scour the…
China’s Corn Imports Estimated to Hit 22 Million Metric Tons, USDA- FAS
A report earlier this month from USDA's Foreign Agricultural Service (FAS), "China's Corn Imports Estimated to Hit 22 Million Metric Tons," stated that, "The forecast for China’s corn imports for…
German Pork “Effectively Trapped in Europe” Due to African Swine Fever, as China Rebuilds Herds
Late last week, Bloomberg News reported that, "China is flying in record numbers of pigs to improve genetics and boost productivity while rapidly rebuilding the nation’s hog population after it…
As Importer’s Need for Corn and Soybeans Seen Rising, Few Countries Currently Competing with U.S. for Export Demand
Bloomberg News reported last week that, "China’s corn imports could more than double to 17 million tons in 2020-2021 from a year earlier on prospects for a smaller domestic harvest…
China Has Purchased 71% of Its Phase One Target- and Could Issue More Corn Import Permits
A news release from USDA on Friday stated that, "The Office of the U.S. Trade Representative (USTR) and [USDA] today issued a report highlighting the progress made to date in implementing…
Robust Soybean Export Forecast, While Countries “Bulk Up” Their Food Supplies
Mark Ash and Dana Golden explained in this month's Oil Crops Outlook, from USDA's Economic Research Service (ERS), that, "Despite an unchanged yield, USDA pegs the 2020/21 U.S. soybean crop…
Recent FAS Reports Highlight Soybean, Meat, and Corn Export Variables
Reports this month from the USDA's Foreign Agricultural Service (FAS) have provided updated information on market variables impacting soybeans, meat, and corn. Today's update highlights some of the key findings…
African Swine Fever in Germany Continues to Impact Pork Markets
Reuters News reported this week that, "One more case of African swine fever (ASF) has been confirmed in a wild boar in the eastern German state of Brandenburg, Germany’s federal…
FAS Report- Biggest Challenge For U.S. Ag Trade With China: Strong Competition, Especially From Brazil
A recent report from USDA's Foreign Agricultural Service (FAS), "China: Evolving Demand in the World’s Largest Agricultural Import Market," stated that, "As part of the Phase One Agreement, China has…
As Germany Battles African Swine Fever, Inventory of U.S. Hogs Reaches Record for September
Bloomberg writer Michael Hirtzer reported late last week that, "American hog producers have been cutting back on the herd for several months, but there are signs they haven’t been moving…