China has been reporting some new outbreaks of African swine fever in recent months, but the problem is likely much worse than it appears. That’s both an opportunity for U.S. pork producers and a threat to their herds, according to U.S. industry and government officials.
China's corn imports will likely hit a record-breaking 28 million metric tons for the 2020-2021 marketing year as the country restocks its domestic reserves and deals with rising demand for livestock feed, according to the Beijing office of USDA's Foreign Agricultural Service.
Chinese buyers made another large purchase commitment for U.S. corn this week, snapping up 1.7 million metric tons for delivery in the 2020-21 marketing year, according to a daily export sale report released Thursday by the USDA.
It’s been more than a year and a half since Mexico has approved any new genetically modified seed traits and the country is showing no signs of relenting even though it remains “one of the world’s largest importers of GE corn and soy,” according to a new report from USDA’s Foreign Agricultural Service.
China is again promising that it has made structural changes to its tariff rate quota system to import corn, wheat and rice, but it’s still not clear if that’s the case as the new deadline approaches for the U.S. to tell the World Trade Organization if it agrees.
China has been ramping up its corn and soybean purchases in recent weeks, but USDA's latest trade data show Chinese imports through July this year are still below 2018 levels and are far from the pace needed to meet goals set in the “phase one” trade pact.
The quick pace of U.S. soybean and corn sales – particularly to China - is one of the biggest factors behind a new USDA forecast that shows U.S. ag exports rising to $140.5 billion in fiscal year 2021, which starts Oct. 1.