After seeing its domestic pork production decimated by an outbreak of African Swine Fever, China is aiming to recover enough to produce 95% of its pork within its own borders.

USDA’s latest farm income forecast is making clear how critical government payments are to the ag economy this year. USDA is projecting that payments will be up 66% this year to more than $37 billion. And that number may go higher.

On to September. The Senate has adjourned until after Labor Day, which means we likely won’t see a deal on coronavirus relief this month.

China imported 11.16 million tons of soybeans in June, according to Chinese customs data, likely to feed the nation’s hog herd after recovering from the effects of African Swine Fever.

The World Organization for Animal Health (OIE) and the UN Food and Agriculture Organization (FAO) announced Monday that they have teamed up to create a new initiative to control the spread of African Swine Fever.

China’s livestock sector is booming even as the country recovers from African swine fever, and the country’s demand for feed is fueling optimism for U.S. corn and soybean exports in the 2020-21 marketing year, which begins Sept. 1.