fuel

China Needs More Corn to Meet Fuel Mandate

Dan Corn, Energy, Industry News Release

To meet a fuel blend requirement, China must import more corn, according to industry analysts. A Stewart Peterson advisor tells Farm Journal’s AgDay that China will need to import “an additional billion bushels of corn a year” to meet the mandate. Earlier this year, China announced the nation would require ethanol blends in all fuel by 2020. Demand is growing …

china

China Phasing Out More Pesticides in Push for Food Safety

Dan Environment, Industry News Release

China will begin eliminating the use of 12 pesticides over the next five years as it looks to improve safety of farm produce. The move comes amid an ongoing campaign to improve the environment and tackle soil pollution, according to Reuters. China has already withdrawn 22 of what the nation classifies as highly toxic pesticides from farm use, and it …

pork

Canada Looking to Boost Pork Exports to China

Dan Exports/Imports, Industry News Release, Pork

A recent ten-day trade mission to China gave Canada an opportunity to showcase its pork products in a market of 1.3 billion people hungry for more pork. Farm Scape Dot Com says Federal Ag Trade Minister Lawrence McCauley led the mission, accompanied by multiple representatives of the Canadian pork industry, which stopped in three cities over the ten-day trip. Neil …

trade mission

Trade Tops China, Canada Meeting Agenda

Dan Industry News Release, Trade

Trade will top the agenda between China and Canada next week during Canadian Prime Minister Justin Trudeau’s visit to China. The visit is aimed at promoting a “progressive trade agenda” that Canada says will “create good, middle-class jobs,” according to Bloomberg News. The trip comes as Canada is in the midst of renegotiating the North American Free Trade Agreement with …

agriculture exports

China Is The New Top Buyer of American Agricultural Goods

Dan Exports/Imports, Industry News Release

New numbers out this week show that China is the new number one buyer of American agricultural goods. Pork Business Dot Com says the fiscal year 2017 numbers show that China bought $22 billion worth of agricultural products, which is a large jump from the $19.2 billion purchased the year before. That jump meant China moved into the number one …

packers

China Online Mall To Buy Large Amounts of Beef and Pork

Dan Beef, Cattle, Exports/Imports, Industry News Release, Pork

JD.com Commits to Purchasing More Than $2 Billion of U.S. Goods Over Next Three Years Includes agreements to import over $1.2 billion of U.S. beef and pork JD.com, (NASDAQ:JD), China’s largest retailer, participated in a signing ceremony held at the Great Hall of the People, with the company entering agreements to purchase in excess of $1.2 billion of beef from The Montana Stock Growers Association (MSGA) …

pork

China Pork Imports to Increase

Dan Exports/Imports, Industry News Release, Pork

Rabobank expects China to increase its pork imports through the last few months of the year. A new report by Rabobank suggests a stronger pricing trend, as the major importing countries, including China, will likely maintain steady import growth. China’s pork imports were down 27 percent in the first eight months of this year. Meat industry publication Meatingplace reports China’s …