China imports more U.S. trash than agricultural commodities, but that could soon change. China earlier this year filed a notice with the World Trade Organization about its plans to limit the entry of “foreign waste.” The Wall Street Journal reports this week that under the new rules, China by year’s end would ban imports of used plastics and require paper-scrap …
Exports are Critically Important to the Pork Industry
Exports are critically important to the swine industry. With large hog supplies, National Pork Board CEO Bill Even believes the significance of foreign demand will only grow. U.S. pork is known for its quality. Even as part of a National Pork Board trade mission to Japan and China. These markets are very different. The Japanese market is a …
More U.S. Peanuts Could Go to China
When it comes to peanut exports, Tyron Spearman reports today that more of the U.S. crop could possibly be heading to China. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
China Set to Import $100 Million Worth of U.S. Peanuts
China is buying U.S.-produced peanuts on a very high level. The USDA says that will continue. An Agri-Pulse report says China will purchase $100 million dollars of American peanuts. Sales data so far in 2017 says it very well could happen. The U.S. has already sold $29 million dollars’ worth of peanuts from Texas, Georgia, Alabama, North Carolina, Virginia, as …
WTO Will Investigate U.S. Complaint over China
The World Trade Organization has created a dispute panel to investigate U.S. complaints regarding import quotas by China. The panel came at the request of the U.S. regarding quotas on wheat, rice, and corn. The panel on tariff rate quotas for agricultural products was automatically established as it was the second request by the United States at the WTO Dispute …
China Poultry Safety Standard Similar to U.S.
The Department of Agriculture last week quietly released an audit report of China’s inspection system for poultry processing. The audit says China’s system is equivalent to U.S. systems and standards. The Food Safety and Inspection Service performed the audit last year. USDA released the report one month after the comment period closed on a proposed rule that will allow China …
China, India, Call for End of Farm Subsidies by U.S., Others
China and India are calling for an end to farm subsidies by others, including the European Union and the United States. India-based newspaper Live Mint, a collaboration with the Wall Street Journal, reports China and India have jointly proposed the elimination of $160 billion of farm subsidies in the U.S., European Union, and other wealthy nations. The move comes months …
China Threatening Retaliation Against U.S. Over Trade Sanctions
China is threatening to retaliate against the U.S. over trade sanctions and a trade investigation, and that has U.S. agriculture on edge. China’s upset with U.S. sanctions against Chinese firms buying coal and other minerals from North Korea, and with a pending U.S. probe of China’s intellectual property practices. Beijing says the probe’s “poured cold water” on improving trade relations, …
Agri View: Resuming Beef Trade
Everett Griner talks about resuming beef trade with China in today’s Agri View. Well, China is buying American beef again. It is not what cattlemen would like to see, but it is happening. China stopped buying American beef 14 years ago. There is still no formal trade agreement between the two countries but, individual buyers, you know …
U.S. Beef Products Struggling in China
U.S. beef products are struggling to gain traction following a return to China after a 14-year ban. Bloomberg reports that U.S. cuts of beef are largely unnoticeable in China’s meat isles. China, the world’s largest pork producer, and the consumer has seen beef demand climb as incomes increase, prompting people to spend on new and varied types of food. Imports …