China will levy countervailing duties of up to 31.4 per cent on some chicken products from the United States, the Ministry of Commerce said April 28.
The ministry said subsidies the companies receive from the U. S. government had hurt the competitive position of Chinese companies.
The ministry said that those U. S. companies exporting white-feather chicken products and which had submitted information to its investigation would face duties of 3.8 to 11.2 per cent, while those that had not complied with its requests would face the higher rate.
Starting from April 30, Chinese firms buying white-feather chicken products from the United States will need to pay a deposit to the customs authority in line with the duty, it said.
Hog Herd Shrinkage Is Tapering Off
Canadian hog farmers continued a four-year downsizing trend in the first quarter, but the pace is slowing even though the government is paying some to cease production.
Farmers reduced the national pig herd 2.1 per cent from a year earlier to 11.635 million head as of April 1, Statistics Canada said April 28.
Canada’s hog farmers have suffered from years of unprofitability due to a series of factors including a stronger Canadian dollar and volatile feed costs.
Lately, though, prices are improving.
Chicago lean hog futures have nearly doubled in value to about 88 U. S. cents per lb. since mid-August amid tight supplies and strong demand for pork.
Canada’s sow inventory dropped 5.7 per cent to 1.3 million head as of April 1, StatsCan said.
Canadian hog exports, which have been hit hard by the country-of-origin meat-labelling law in the United States that raises U. S. packer costs of processing foreign hogs, fell 20.5 per cent to 1.4 million hogs from a year earlier.