Given China’s current demand, some see such a move reshaping global grain flow
China issued guidelines on April 21 recommending the reduction of corn and soymeal in pig and poultry feed, a measure that could reshape the flow of grains into the world’s top corn and soybean buyer. China’s corn prices surged more than a third in the most recent year following a drop in output and state
China moves to cut corn, soy in feed rations
China seeks to cut corn, soymeal content in animal feed
The country feels overly reliant on imported feedstocks
Reuters – China’s Agriculture Ministry has launched a campaign to lower the content of corn and soymeal in animal feed, according to a document issued this week, which could have repercussions for the global grain trade. The document, sent to animal feed producers and other government departments, outlines a plan for nutrition experts to draw
China to raise grain purchase prices, support breeding sector
The country aims to secure animal- and plant-breeding resources
Reuters – China’s government said on March 5 it will raise its minimum purchase price for wheat and rice and expand corn-planting areas this year, reiterating earlier plans to boost grain output after prices soared last year. The moves, outlined by Premier Li Keqiang and the state economic planning agency in annual reports to parliament,
China to approve further domestic GMO corn, soy crop varieties
Beijing | Reuters — China said on Monday it was set to approve the safety of another genetically modified (GMO) corn variety and a GMO soybean, both produced by Beijing Dabeinong Technology Group Co. Ltd. The move comes after China last year approved three domestically designed GMO crops as safe, the first in a decade,
China meat assoc calls for exporters to disinfect shipments to prevent COVID-19
Beijing | Reuters – Chinese meat importers and processors have called on exporters in countries with COVID-19 outbreaks to step up checks on shipments before they are sent to the world’s biggest market, the country’s top industry group said. “China has been importing a large quantity of meats this year, and has detected virus on
China drafts new law on grains reserves amid food security concerns
Reuters – China published a new draft law on management of its grain reserves on Dec. 3 to include oversight of stocks in regions and provinces as it seeks to bolster its food security. Previous rules governing grain reserves only applied to its central state stockpiles but Beijing has this year heightened its focus on
China’s coronavirus testing chokes beef trade
Additional inspections, disinfections costly for importers
Beijing | Reuters — In a supermarket in downtown Beijing, refrigerator shelves normally filled with steak from around the world sit empty as tougher testing for the novel coronavirus creates supply bottlenecks and raises prices for importers. Fresh supplies of beef won’t arrive for days, a salesman at the Suning.com-owned Carrefour outlet told Reuters —
China’s corn imports soar
At the same time its domestic pork supply is rebuilding
China imported more than one million tonnes of corn in September, customs data showed Oct. 23, bringing shipments for the first nine months of the year close to its annual low-tariff quota volume for the first time on record. The country has been purchasing large volumes of corn to ease the pressure from tight supplies
Canadian canola prices spike as shippers find back door to China
'Profits are extravagant... It is like gold oil now'
Winnipeg/Beijing | Reuters — Canadian canola prices have soared to the highest in nearly two years, despite a diplomatic dispute between Ottawa and Beijing, as exporters find roundabout ways to reach top oilseed buyer China. Chinese authorities have since March 2019 blocked canola shipments by two Canadian exporters, an action they took after Canadian police
China to encourage foreign investment in livestock breeding, plant-based meat substitutes
Beijing | Reuters – China’s state planner said on Friday that it will encourage foreign investment in livestock and poultry breeding, as well as plant-based meats substitutes, from this year. The move by the National Development and Reform Commission comes as China, the world’s top meat market, strives to boost supplies of meat and alternative
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