China Archives | Country Guide

China reshapes global meat markets as swine fever rages

By Nigel Hunt 4 days ago

Reading Time: 4 minutes London | Beijing | Reuters – China is scouring the world for meat to replace the millions of pigs killed by African swine fever (ASF), boosting prices, business and profits for European and South American meatpackers as it re-shapes global markets for pork, beef and chicken. The European Union, the world’s second largest pork producer […] Read more

Corn, Markets, Reuters, Soybeans

U.S. corn exports falter, soybean business could meet same fate

By Karen Braun 5 days ago

Reading Time: 4 minutes Fort Collins | Reuters – It is no secret that overseas demand for U.S. corn has been downright terrible as of late, and relief does not seem likely in the immediate term as purchase commitments remain dismal. Forward sales for U.S. soybeans are nothing to brag about either, but soy exporters have enjoyed more success recently than […] Read more

Hogs, Reuters

China’s pork output to fall by at least 20 percent in 2019: FAO

By Sybille De La Hamaide 5 days ago

Reading Time: 1 minute Paris | Reuters – African swine fever (ASF) will cut pork output in China, the world’s largest producer, by at least 20 percent in 2019, the United Nations’ food agency said on Thursday, doubling the decline it had expected six months ago. The disease has slashed China’s hog herd since August 2018, pushing Chinese pork […] Read more

Markets

Action needed on trade talks, supply/demand report out Friday

By Glen Hallick - MarketsFarm 6 days ago

Reading Time: 1 minute MarketsFarm – There needs to be some kind of firm, tangible action when it comes to the partial trade agreement between the United States and China, said Steve Georgy of Allendale Inc. in McHenry, Ill. He pointed to China, which recently said it wants some of the tariffs the U.S. has on its imports to […] Read more

Reuters

China, France sign deals worth $15 bln during visit

By Dominique Patton, Marine Pennetier 6 days ago

Reading Time: 2 minutes Beijing | Reuters – China and France signed contracts totalling $15 billion during a visit by President Emmanuel Macron, a Chinese government official told a news briefing on Wednesday. Deals were struck in the fields of aeronautics, energy and agriculture, including approval for 20 French companies to export poultry, beef and pork to China. They also agreed to expand […] Read more

Livestock, Reuters

China to resume imports of Canadian beef and pork

By Kelsey Johnson November 5, 2019

Reading Time: 2 minutes Reuters – China will resume imports of Canadian beef and pork, Prime Minister Justin Trudeau said on Tuesday, some four months after Beijing blocked shipments amid an escalating diplomatic feud between the two countries. “Good news for Canadian farmers today: Canadian pork and beef exports to China will resume,” Trudeau tweeted. The Chinese embassy in […] Read more

Hogs, Livestock, Reuters

No country immune to risk of African swine fever spreading: OIE

By Sybille De La Hamaide October 31, 2019

Reading Time: 2 minutes Paris | Reuters – African swine fever will spread further across Asia where it has devastated herds, and no country is immune from being hit by the deadly animal virus, the head of the World Organisation for Animal Health (OIE) said on Wednesday. The disease, which has hit the world’s top pork producer China hard, […] Read more

Reuters

Bunge shares slide as China trade war, pig disease upset exports

By Arundhati Sarkar, Tom Polansek October 30, 2019

Reading Time: 2 minutes Reuters – Agricultural merchant Bunge Ltd warned on Wednesday of a drop in annual profits due to mounting challenges to its grain trading and processing business from the U.S.-China trade war and a fatal pig disease in Asia, sending shares down more than 4 percent. The company reported better-than-expected third-quarter profits, driven by higher margins […] Read more

Reuters, Soybeans

Beijing’s refusal to order U.S. farm buys becomes pain point

By Hallie Gu, Heather Timmons October 30, 2019

Reading Time: 2 minutes Washington/Beijing/Reuters – U.S. President Donald Trump’s demand that Beijing commit to big purchases of American farm products has become a major sticking point in talks to end the Sino-U.S. trade war, according to several people briefed on the negotiations. Trump has said publicly that China could buy as much as $50 billion of U.S. farm […] Read more

Canola, Markets

Canada, China meet over canola stalemate

By Allan Dawson October 29, 2019

Reading Time: 4 minutes [UPDATED: Oct. 31, 2019] Glacier FarmMedia – Canada and China finally had a face-to-face meeting *Oct. 28 in Geneva on China’s de facto import ban of Canadian canola seed. The private consultation under the auspices of the World Trade Organization (WTO) went well, according to Brian Innes, the Canola Council of Canada’s *vice-president of public […] Read more

Alberta harvest likely finished for 2019 in some regions

CWRS bids edge lower with Minneapolis futures, CPSR up

Fund traders increase canola short position

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