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Tag Archives: China

CHINA’S LIVESTOCK, FEED INDUSTRIES GROWING

China is now the world’s largest producer of livestock products and has also emerged as the largest manufacturer of animal feed, after nearly four decades of transitioning from a largely plant-based diet toward greater meat consumption.

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CHINA CORN CROP

The record corn crop China was counting on to sustain its huge pork habit is coming up short. Drought and late-season rains have stunted yields, according to the Daily Journal & Bloomberg.

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SET-ASIDES IN CHINA

China’s ruling Communist Party has for the first time proposed to let land lie fallow in some areas to ease pressure on exhausted water and land resources while grain stocks are near record levels, state media reported on Wednesday.

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PORK UPDATE

China, the world’s biggest consumer of pork, has agreed to resume imports of the meat from 14 U.S. plants and warehouses, ending restrictions that had been in place, in some cases for more than year.

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DEADLY SINS

China’s ruling Communist Party has listed golf and gluttony as violations for the first time as it tightens its rules to prevent officials from engaging in corrupt practices, Reuters reports.

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CHINESE PURCHASES

Contrary to reports that Chinese firms were buying or leasing millions of hectares of prime African farmland, Chinese investors have acquired only about 600,000 acres, according to a book published on Monday.

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CHINA AND ETHANOL

GROWMARK Energy says China has been increasing ethanol imports from both the U.S. and Brazil, but the volume has not been stable. It is believed they are using most of it to blend into gasoline.

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BIG BUY

Chinese trade groups signed contracts to buy more than 484 million bushels of U.S. soybeans, a deal worth $5.3 billion, says the U.S. Soybean Export Council. The deal is equal to one-eighth of this year’s crop and comes ahead of today’s meeting of Chinese President Xi Jinping and President Obama.

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DAIRY GLUT

A world milk glut and a decline in Chinese demand for imported dairy products have sent prices down by 50% in New Zealand. Many farmers there are borrowing to stay afloat and rural suicides have increased.

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U.S. SOYBEAN FARMERS LOSING OUT TO BRAZIL IN WORLD EXPORT MARKET

American soybean farmers are beginning to harvest what’s expected to be their second-biggest crop. At the same time, they’re seeing their share of the global export market shrink, reflecting the growing interdependence of Brazil and China in agricultural trading, as reported by Bloomberg News.

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