China
Demand concerns have been intensifying with the spike in Covid numbers in China. That’s been sending a negative tone across the energy sector, equities and portions of the ag markets.
Export tariffs on aluminum and aluminum alloys will be raised. The current import tariff will stay on seven types of coal until March 31, with tariffs adopted for most favored nations from April 1.
Taiwan’s defense ministry said China sent 71 warplanes and seven naval vessels on “strike drills” — rehearsals for conflict — into its air-defense zones.
John Phipps has noticed more unsettling problems for the second-largest nation to the point that despite their skills and accomplishment, he thinks China is heading for trouble. He explains why in John’s World.
China’s most active live hog futures contract fell more than 3% on Wednesday, the biggest decline since July, as spot prices came under pressure from weak consumption and heavy slaughter volumes.
China moved to close parks, malls and museums on Tues. as COVID-19 cases hit near-record levels. Lockdowns follow reports that, days before COP27, Xi sent policy and business advisers to New York to meet U.S. executives.
“In the last 2,500 years, every Chinese government that has fallen, has fallen over food,” says Kuehl, Armada chief economist. “They need those import markets—be it from the U.S, Canada, Brazil or Australia.”
China’s third-quarter pork output reached 12.11 million metric tons, up by less than 1% year-on-year, official data showed, highlighting the impact on production after farmers recorded huge losses earlier in the year.
Global inflation will likely decrease to 6.5% in 2023 and to 4.1% by 2024, according to the International Monetary Fund (IMF) forecast.
Tech innovator Alibaba is working with Chinese pork producers to manage pig production with artificial intelligence sensors and video tracking.
Have the Pacific Coast port bottleneck issues been resolved, or moved somewhere else? The East Coast may now be carrying the burden.
While China grapples with choosing which production lines to reopen, the food shortage conversation looks to ramp up.
China will release 15,000 metric tons of frozen pork from state reserves on Saturday in preparation for the upcoming holidays.
Fufeng Group recently bought 300 acres of land in North Dakota and the proximity to a U.S. military base has many concerned. But this isn’t the first time questions have been raised about China’s stake in the U.S.
Do tariffs fuel inflation? John Phipps’s Customer Support segment explains why economists have struggled to come up with estimates of economic effects due to lingering COVID influence on world business.
China’s second-quarter pork output climbed to 13.78 million tonnes, according to calculations based on official data released on Friday, the highest level for the period since at least 2015.
China’s inflation soars with the local pork industry a reason to blame. Several tactics will be used to decrease pork prices, but they face some headwinds.
China’s soymeal inventories have tripled in the last three months as large volumes of soybeans arrived in the country where demand for the animal feed ingredient is weak, analysts and traders said.
The zero-Covid strategy by the Chinese government is slowing their economy. In a rare admission, officials have lowered their GDP growth estimate, almost totally based on cities that aren’t working, especially ports.
Shanghai offered some tax rebates for companies and allowed all manufacturers to resume operations from June as authorities rolled out policies to revitalize an economy impacted by Covid-19 lockdowns.
Tiny slivers of ear tissue snipped from hours-old piglets offer clues for the team at Best Genetics Group as it strives to improve genetics of China’s hog herd to produce cheaper meat for the world’s top pork consumer.
The U.S.-China trade war began in July 2018 when the Trump administration imposed tariffs on $550 billion worth of Chinese goods. Nearly four years later, the debate remains as to which country actually won.
The Office of the U.S. Trade Representative is reviewing Section 301 tariffs, which is required every four years by law, on more than $370 billion of Chinese goods. Here’s why it matters to you.
China’s soybean imports in April climbed from a month ago, helped by the arrival of cargoes delayed by poor weather and slow harvests in South America, customs data showed on Monday.
Chinese hog farmers should return to profit in the third quarter, a farm official said on Wednesday, after more than a year of heavy losses that have eroded rural incomes and curbed demand for some feed ingredients.
China stocks closed down on Monday, with investors disappointed about a smaller-than-expected cut in the reserve requirement ratio (RRR) that many felt might not be enough to reverse a sharp economic slowdown.
China posted its highest quarterly pork production in more than three years during January through March, data showed on Monday, reflecting a boost in breeding following a disease-led decline.
What happens to meat imports when the largest city in China is under lockdown? USMEF’s Joel Haggard explains.
China’s state planner said on Friday it will buy another 40,000 tonnes of frozen pork for state reserves in its fourth round of stockpiling this year to support prices.
Chinese pork processing giant WH Group Ltd on Monday reported a 7.2% rise in annual profit to $1.043 billion driven by higher sales in the U.S. and Europe.