China
China’s pig farmers, suffering record losses due to surging feed costs and weak hog demand, are switching to lower quality grain from pricier soymeal and even selling off assets in a bid for survival.
With the U.S. on the back end of COVID-19 and the conflict between Russia and Ukraine unraveling, USTR Katherine Tai says her office is currently focused on three themes: resilience, sustainability and competition.
U.S. soybean exporters have recently made record old-crop sales and new-crop bookings are well above normal, putting an awkward spin on China’s latest claim of sharply reducing soybean demand.
Rep. Garamendi says the USDA partnership with the Port of Oakland “isn’t going to solve the problem” because shippers deliver product to the U.S. and leave ports with empty containers.
On Monday the People’s Bank of China also announced a 0.1 percentage point cut to two of its key policy rates. It acted after GDP grew by more than 8% in 2021, but slowed down in the fourth quarter.
China’s imports of meat fell 5.4% in 2021 from the year before, customs data showed on Friday, as a surge in domestic supply of pork cut demand for overseas supplies.
China’s sow herd at the end of November was 4.7% higher than the previous year at 42.96 million head, the agriculture ministry said late on Thursday.
One result of the pandemic was a spike in savings rates. In the U.S. last April, Americans collectively saved a record 30% of their income. John Phipps looks at China’s savings rate and what it’s meant for exports.
After six months of losses, will Chinese pork producers be forced to cull their herd or exit the market entirely?
China’s vegetable production is basically normal and it has enough wheat to meet demand for one and a half years, officials say, in a further effort to reassure the public there is no need to worry about shortages.
A phase one trade deal with China is official, clearing the way for America’s chief trade competitor to purchase $80 billion worth of U.S. agricultural goods over the next two years.
China’s huge hog sector is struggling with excess production after millions of small, often first-time, pig farmers entered the industry to capitalise on record profits during a swine-fever related shortage.
China’s third-quarter pork production surged to its highest in three years, official data showed on Monday, after producers built thousands of large breeding farms last year to rebuild a hog herd decimated by ASF.
China said on Saturday it pressed the United States to eliminate tariffs in talks between the countries’ top trade officials that Washington saw as a test of bilateral engagement between the world’s biggest economies.
Talks with China on lifting its ban on German pork imports after the pig disease African swine fever was found in Germany remain difficult, German junior agriculture minister Uwe Feiler said Friday.
Last week’s heavy rains sparked the province’s worst flash floods in centuries, killing at least 71 people. More than a million animals died and 1,678 large livestock farms were affected, official media said.
Yu Ping knew there had to be a better way to meet the needs of modern pig farming through a better building design. After years of constructing pig farms, he decided to try something new. The result? High-rise piggeries.
China’s second-quarter pork production surged to its highest in at least seven years, after producers launched thousands of new breeding farms last year to rebuild a hog herd decimated by African swine fever.
While some signs point to a recovery for China’s hog herd, analysts say reliable and consistent data out of China is absent today after China clamped down on traditional sources of information.
Fresh data from China’s state media indicates the world’s largest pork producer is recovering from multiple years of ASF outbreaks. The news comes after the disease wiped out 40% of China’s hog herd in 2019.
China will issue new rules on the management of price indexes for commodities and services, it said on Thursday as the government steps up scrutiny of the country’s commodity markets and battles to contain inflation.
As analysts keep a close eye on rumored soybeans buys from China late last week, China has issued new rules when it comes to monitoring commodity prices as the country battles to contain inflation.
China’s top pig producers are set to report a plunge in first-quarter profits from the huge gains of last year, after hog prices fell, and disease, more expensive feed and poorly performing sows further eroded earnings.
China’s first-quarter pork production rose 31.9% from a year earlier to 13.69 million metric tons, data showed on Friday, the highest quarterly volume in two years.
China imported 1.02 million metric tons of meat in March, customs data showed on Tuesday, the highest monthly volume since at least January 2020, as the world’s biggest meat buyer stocked up to fill shortages at home.
Conflicting reports of the severity of African swine fever in China continue to raise questions for the U.S. pork industry. Secretary of Agriculture Vilsack shares insight from the Chinese Ag Minister about ASF in China.
China is taking in record amounts of soybeans from the U.S., Brazil as its hog population recovers from ASF that began nearly three years ago, but import expansion into the next marketing year might be minimal.
Two people are suspected of dumping pigs along the Yellow River. Chinese authorities have collected at least 48 pig carcasses and are conducting tests, the state media said on Tuesday.
In a unanimous Senate vote on Wednesday, Katharine Tai was confirmed as the next U.S. Trade Representative. The trade expert was confirmed with a vote of 98-0.
China booked its largest purchase of U.S. corn since January, the U.S. Department of Agriculture said on Tuesday.