Reuters – Farmers in the world’s top pork market have lost money for most of this year due to low prices and high feed costs, and the trend is likely to continue. China’s pig production is still growing, a farm ministry official said Oct. 23, and a higher-than-normal number of breeding sows is set to
Few improvements expected in Chinese hog market
Australia calls for China to end remaining trade curbs
Barley barriers are in the rear-view, but issues remain on Australian wine
Australia used China’s decision to drop anti-dumping tariffs on its barley imports to call for the end to all remaining trade restrictions, led by barriers against Australian wine, as commercial ties between the two trading partners edge toward normalization. China’s Ministry of Commerce said Aug. 4 that anti-dumping and anti-subsidy tariffs on Australian barley would
Northern China drought-wracked
Reuters – About 7.4 million acres of Chinese farmland is suffering from drought, state media agency Xinhua reported June 25 after record-high temperatures hit a large part of the country’s north. About 200,000 people and 760,000 large livestock do not have access to sufficient water as of the last week of June, Xinhua reported, citing
Soybean influx into China cools buying appetite
Reuters – A flood of Brazilian soybeans into China is weighing on soymeal purchases and may curb buying of beans later in the year, traders and analysts said. Soybean arrivals into the world’s top buyer have been running at record levels since the start of the year, after a record crop in Brazil pushed down
Cargill to sell China poultry unit
Reuters – U.S. agribusiness giant Cargill said it is selling its poultry business in China to private equity firm DCP Capital, exiting a Chinese meat market that has become increasingly challenging for foreign players. The sale of the unit, known as Cargill Protein China, is subject to regulatory approvals but is expected to close this
China approves safety of first gene-edited crop
China has joined the list of countries to approve gene-editing as a breeding tool
Reuters – China has approved the safety of a gene-edited soybean, its first approval of the technology in a crop, as the country increasingly looks to science to boost food production. The soybean, developed by privately owned Shandong Shunfeng Biotechnology Co., has two modified genes, significantly raising the level of oleic acid, a healthy fat,
Little Chinese soybean growth predicted
Flagging prices likely mean acres will not dramatically rise in China
Reuters – China’s soybean acreage may only slightly increase this year, an official said April 20, suggesting output is unlikely to match last year’s jump. The world’s top soybean importer launched a major effort to increase production of the pulse in 2022 amid concerns over its heavy reliance on imports. Output increased almost 24 per
Food security drives China to cut soymeal use in animal feed
Latest announcement another notch in reduction strategy, analyst says
Reuters – China’s agriculture ministry has issued a three-year action plan to reduce soymeal use in animal feed as it tries to reduce its heavy reliance on soybean imports. The new plan proposes soymeal ratios in animal feed should be reduced to less than 13 per cent by 2025, from 14.5 per cent in 2022. Authorities in
Australia reaches deal with China in barley dispute
Trade shift may be 'bad news' for Canada and other exporters
Sydney/Beijing | Reuters — Australia has reached an agreement with China to resolve their dispute over barley imports, the two countries said on Tuesday, a latest sign of improving ties between the major commodity trade partners. Relations between the two had been strained for years, and worsened after Australia called for an inquiry into the
China to plant more soy, speed up GMOs to ensure food supply
Beijing reiterates goals to increase soy acres, intercrop with corn
Beijing | Reuters — China will increase its efforts to boost output of soybeans and edible oils, state media reported on Monday, citing a key rural policy document, as it continues to push for greater self-sufficiency in its key food supplies. The world’s top soybean buyer is trying to lower its heavy reliance on imports
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