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Thursday, October 29, 2020
USDA defends its monthly forecast of US corn imports by China
The United States Department of Agriculture (USDA) defended its monthly forecast of US corn exports to China, which analysts said has already surpassed USDA's estimate, Reuters reported.
Wednesday, October 28, 2020
China Lysine: Soaring costs, robust demand strengthen prices (week ended Oct 26, 2020)
Feed producers were keen to stock inventories as soymeal prices soared while hog population in China recovered steadily. With demand robust, lysine producers continued to lift prices while corn prices surged to levels unseen since mid-2014, ...
Monday, October 26, 2020
US: China's imports of US agricultural goods at 71% of target of Phase 1 deal
The United States government said China has increased its purchases of US agricultural goods and executed 50 out of 57 technical commitments aimed at lowering barriers to US imports, based on the US-China Phase 1 trade deal signed earlier t ...
Tuesday, October 20, 2020
Meyn's Rapid Plus M4.2 voted number one food processing machine at CIMIE, China
Meyn's Rapid Plus M4.2 was recently voted the number one food processing machine at the 18th China International Meat Industry Exhibition 2020 (CIMIE 2020).
Monday, October 5, 2020
US Agriculture Secretary: Uncertain if China will meet Phase 1 agricultural commitment
Sonny Perdue, United States Department of Agriculture Secretary said China may not meet its agricultural purchase pledge in the US - China Phase 1 agreement due to non-agricultural trade issues, Reuters reported.
Monday, October 5, 2020
New Zealand's Fonterra to sell its dairy farms in China for US$368 million
New Zealand-based Fonterra said it agreed to selling its farms in China for NZD 555 million (~US$367.97 million; NZD 1 = US$0.66) to focus on the New Zealand market and lower its debt, Reuters reported.
Sunday, October 4, 2020
Belarusian pork exporters eye China market
Belarusian companies are vying for permits to export pork to China, whose appetite for the staple has led to a surge in imports during the first half of the year.
Friday, October 2, 2020
China Corn: Robust demand lift prices (week ended Sep 25, 2020)
In view of soaring corn prices amid tight availability, deep processors eagerly stocked inventories. Hence, even as farmers were keen to release newly harvested corn, which were difficult to preserve due to the high moisture content, prices ...
Thursday, October 1, 2020
China to suspend Minerva SA beef imports for one week
China's General Administration of Customs (GACC) said it has imposed a temporary suspension on beef imports from Brazilian meatpacker Minerva SA for one week over a possible COVID-19-related contamination issue, Reuters reported.
Friday, September 25, 2020
China books record-high beef purchases from US
According to the United States Department of Agriculture (USDA) data, China made its largest beef purchase and biggest corn deals last August.
Thursday, September 24, 2020
China's pork imports doubled in August compared to 2019
China's General Administration of Customs data showed pork imports into the country doubled at 350,000 tonnes compared to 2019, Reuters reported.
Wednesday, September 23, 2020
US pork exports to China surge beyond pre-trade war numbers
Panjiva, S&P Global Market Intelligence's research unit said United States pork exports to China have increased past pre-trade war numbers, led by JBS and Smithfield Foods owner WH Group, Reuters reported.
Monday, September 21, 2020
Another Arkansas, US plant banned from exporting poultry to China
China has banned imports from a US poultry plant following COVID-19 cases reported at the facility -- the second such action by the Chinese government since June.
Wednesday, September 16, 2020
USA Poultry & Egg Export Council: China suspends second poultry plant over COVID-19
The USA Poultry & Egg Export Council said China has imposed a suspension on poultry imports from OK Foods in Fort Smith, Arkansas state after COVID-19 cases were detected among its workers, Reuters reported.
Tuesday, September 15, 2020
CP Foods supports subsidiary's acquisition of swine businesses in China
The board of directors of Charoen Pokphand Foods PCL (CP Foods) has agreed on September 11 to propose for shareholders' approval of its subsidiary in China to acquire 43 companies in swine businesses.
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