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Chinese workers in protective suits are seen at a checkpoint on a road leading to a village near a farm where African swine fever was detected, Nov. 23, 2018.
News

France, China agree regional approach to pig disease and trade

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France has signed an agreement with main export customer China to ensure pork trade can continue even if an outbreak of African swine fever (ASF) occurs, potentially providing a blueprint for European countries threatened by the pig disease. Blanket bans on meat trade by China and other importing countries due to outbreaks of ASF and
Corn growers in China are already illegally growing GMO corn, suggesting a robust market awaits seed companies.
News

China’s Monsanto

Little-known Beijing biotech firm banks on GM corn in race to be China’s market leader

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Reuters – As China prepares to open its US$120-billion corn market to genetically modified (GM) seed, little-known Dabeinong Biotechnology hopes to reap the benefits of early biotech investments and a law keeping foreign firms on the sidelines. The long-anticipated commercialization of GM corn in the world’s No. 2 producer is set to significantly boost yields,
News

China’s corn output rises 4.6 per cent on year in 2021

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China’s corn output rose 4.6 per cent in 2021 from the previous year to stand at 272.6 million tonnes, the statistics bureau said Dec. 6. The annual official number came as the market closely watched the new corn crop in the world’s second-largest consumer of the grain, after the planting acreage rose on soaring prices.
(Xinzheng/Getty Images)

New China import rules bring headaches for food, beverage makers

Cooking oil, milled grains among foods moved to higher-risk categories

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Beijing | Reuters — Makers of Irish whiskey, Belgian chocolate and European coffee brands are scrambling to comply with new Chinese food and beverage regulations, with many fearful their goods will be unable to enter the giant market as a Jan. 1 deadline looms. China’s customs authority published new food safety rules in April stipulating
Markets, News

China buys U.S., Brazilian soybeans after price drop

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Chinese importers bought a small number of bulk soybean cargoes on Dec. 1 for shipment in December and January from the U.S. Gulf Coast and Brazilian ports, analysts and an export trader said. The purchases of around three to four cargoes, or up to about 240,000 tonnes, came after a sharp drop in prices as
China’s Oct. soy imports from U.S. slump due to weak demand
Markets, News

China’s Oct. soy imports from U.S. slump due to weak demand

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China’s October soybean imports from the United States fell sharply from the previous year, customs data showed in mid-November, hit by poor demand and limited exports. China brought in 775,331 tonnes of U.S. soybeans in October, down 77 per cent from 3.4 million tonnes a year earlier, according to data released from the General Administration
Dominic Barton. (Video screengrab from McKinsey.com)
Crops

Ambassador to China to leave post after helping free detainees

Canola, 5G access, other issues remain

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Ottawa | Reuters –– Canada’s ambassador to China said on Monday he would soon leave his post after a two-year assignment where he helped secure the freedom of two Canadian detainees despite icy relations between Beijing and Ottawa. Dominic Barton’s departure, which will take effect Dec. 31, leaves a crucial diplomatic post open at a
Geopolitical issues will always have an impact on business, especially a global industry like agriculture where China will continue to be the main factor.
Markets, News

Global factors key in changing ag landscape

China, Russia, biofuel trends among factors likely to affect future market risks

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I recently read The New Merchants of Grain: Out of the Shadows by Jonathan Kingsman. It’s like an updated version of the 1979 classic Dan Morgan book The Merchants of Grain. The book follows a series of interviews and discussions with senior executives from many well-known grain companies like ADM, Bunge and Glencore but also
CBOT March 2022 wheat (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)
Crops, Markets

U.S. grains: Wheat rallies as global demand offsets virus worries

USDA confirms China buys U.S. soybeans

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Chicago | Reuters — U.S. and European wheat futures jumped on Thursday as a series of import tenders and fears of rain damage to Australia’s harvest overshadowed concerns over the spread of the new coronavirus variant. Soybean and corn futures also advanced at the Chicago Board of Trade (CBOT). Global demand for wheat put renewed

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