China reported another four cases of African Swine Fever. The trade website Meating Place Dot Com says that brings the total number of cases to 13 since the virus was first found in the country last month. The United Nations’ Food and Agriculture Organization called a three-day emergency meeting of experts to propose responses to halt the spread of the …
African Swine Fever Accelerating in China
China reported a new case of African swine fever this week, raising risks of a further spread of the disease. The new outbreak is the seventh reported since early August. A Rabobank analyst told Reuters that “it looks like it’s accelerating,” and creating the expectation that farmers will start selling off pigs before they are forced to cull animals if …
China Predicted to cut U.S. Soybean exports
China’s exports of U.S. soybeans are expected to plummet over the next marketing year, according to the latest forecast. A soybean crushing industry executive told Reuters this week that China will almost entirely replace its soybean imports from the United States with Brazilian beans and other origins in the upcoming season. The latest forecast from China predicts Imports from the …
Trump Threatens to Add $200 Billion in More Tariffs
Bloomberg says President Trump wants to proceed with another $200 billion in tariffs on Chinese imports as soon as the public comment period wraps up next week. Six people familiar with the matter spoke anonymously with Bloomberg for the article. Companies and people have until Sept. 6 to submit comments on duties that will cover everything from semiconductors to selfie …
Agriculture Trade Surplus to Shrink
Agriculture is consistently one of the few areas of the American economy that sells more overseas than it buys. However, Farm Journal’s Ag Web Dot Com says that’s going to drop in the upcoming year. The surplus is set to shrink as shipments to China collapse because of the trade war with the U.S. A government forecast says the world’s …
China Suspends Hog Transportation Due to Swine Fever
China has suspended transportation of live hogs from provinces infected with African Swine Fever. Reuters says the Chinese Ag Minister will also shut down all live hog markets in the infected provinces. Pork is a staple meat in China, which has reported five cases of swine fever in five different provinces over the past month. The outbreak is prompting Chinese …
Perdue on US-China Trade Talks
Agriculture Secretary Sonny Perdue commented this week on recent discussions between U.S. and Chinese officials in an attempt to resolve current trade disputes. Rod Bain has the story. Perdue on US-China Trade Talks Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Agriculture Welcomes USDA Help, Urges End to Trade Disputes
Agriculture groups welcomed the aid offered by a Department of Agriculture relief package announced Monday, but urged the administration to end trade disputes. Pork exports are one of the hardest-hit export categories, as U.S. pork exports to China are down significantly for the year, with the value falling nine percent through June. The drop has come mostly because of the …
China Grain Imports Plunge Amidst Tariffs
Imports of grain to China plunged in July after rounds of heavy tariffs between the U.S. and China were enacted. Data reviewed by Reuters shows China imported 220,000 metric tons of sorghum in July, down 62.5 percent from 588,300 metric tons a year ago. The imports were also below June’s 450,000 metric tons, when buyers scooped up U.S. shipments of …
U.S./China Trade Talks Draw a Blank
The trade war between China and the United States seems primed to worsen as the governments failed to make progress in two days of discussions. Reuters says the two sides met last week with low expectations of progress and there are no further talks scheduled at this time. A source close to the negotiations told Reuters that Chinese officials have …