U.S. Agricultural Exports at Record Level in First Four Months of 2021
Late last week, the USDA's Foreign Agricultural Service (FAS) released a report titled, "Early Months Suggest a Bright 2021 for United States Agricultural Exports."
China Pork Imports Expected to Drop, as U.S. Pork Prices Fall- Feed Grain Demand Potentially Impacted
Late last week, Wall Street Journal writer Jacky Wong reported that, "Prices of everything seem to be going up this year. Pork prices in China are doing the opposite as…
China’s Pig Population at Near Normal Levels After ASF, Chinese Hog Producers Urged to Not Panic Amid Low Prices
Bloomberg News reported this week that, "China’s hog population rose 24% in the year through May and has now almost fully recovered from the recent resurgence in African swine fever,…
China Makes Large U.S. Soy Purchase, While Granting Domestic Subsidies to Its Grain Farmers
Late last week, Reuters writer Karl Plume reported that, "Chinese state-owned importers bought at least eight cargo shipments of U.S. soybeans on Friday, or at least 480,000 tonnes, the country’s largest…
China Hog Futures Fall as Pig Farmers Urged to Maintain Production- 2020/21 U.S. Corn Exports Increased
Financial Times writers Hudson Lockett and Thomas Hale reported this week that, "Hog futures in China have fallen to record lows as mass slaughtering of pigs prompts fears that the…
Amid China’s Record Grain Buying, Port Delays Arise- While U.S. Corn Exports Reach New High for 2020/21
Bloomberg News reported on Friday that, "China’s embarked on a record corn-buying spree this year and some vessels have been delayed for as long as a month outside southern ports…
China Meat Imports Decline in May, as Domestic Pork Production Increases and Corn Imports from the U.S. Rise
Reuters News reported this week that, "China imported 789,000 tonnes of meat in May, down 3.3% from the same month a year earlier, customs data showed on Monday, after a…
Livestock Sector in China Looks to Wheat
Reuters writers Hallie Gu and Gavin Maguire reported on Friday that, "China’s massive livestock sector is set to snap up millions of tonnes of wheat from the country’s winter harvest that…
USDA Forecasts Record Farm Exports in FY 2021
On Wednesday, 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). Today’s update includes highlights…
Under USMCA, U.S. Begins Trade Dispute Process Against Canadian Dairy Quotas
Wall Street Journal writer Josh Zumbrun reported on Tuesday that, "The Biden administration initiated a dispute process against the Canadian dairy industry, triggering the formal dispute mechanism of the new…
As Phase One Purchases Fall Short, China Cracks Down on Commodity Inflation- Sparking Reflection on Demand
Bloomberg writer Ailing Tan reported on Monday that, "China’s imports of American goods slowed in April, pulling back on the already incremental progress toward the purchase targets agreed with the…
China Accelerates Corn Orders From the U.S., While Farmers in Argentina Prepare to Strike
On Wednesday, Bloomberg writers Daniela Sirtori-Cortina and Breanna T Bradham reported that, "China has tapped the U.S. for more than a third of next season’s expected corn imports, accelerating its…
ERS Report: U.S. Beef Exports Up in March on Robust China Demand, Pork Exports Accelerate, and Short Term Chicken Supply a Challenge
In its monthly Livestock, Dairy, and Poultry Outlook report from Tuesday, USDA's Economic Research Service (ERS) indicated that, "In March, the United States exported the most beef (in volume) ever…
China Makes Its Fifth Largest Purchase of U.S. Corn, While Brazil Soybean Exports Hit Monthly Record on Chinese Buying
Bloomberg writers Breanna T Bradham, Michael Hirtzer, and Dominic Carey reported on Friday that, "China made one of its biggest purchases of corn in U.S. history, a sign that its…
Corn, Soybean Prices Climb, While Record Chinese Corn Imports Expected
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…
U.S. Soybean Exports to China Swell in March, as Brazil Suspends Corn, Soy Import Duties
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…
China Sees Record Pork Imports in March, as Swine Fever Continues to Limit German Pork Exports
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…
An Increase in Wheat Feeding to Hogs in China, as China’s First-Quarter Pork Production Rose
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…
China Meat Imports Soar in March Amid African Swine Fever Concerns
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…
China Demand Could Create “Mini Super-Cycle,” U.S. Corn, Soybean Exports Remain Robust, as Shipping Costs Increase
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…