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Tag Archives china — page 32

File photo of a rooster being swabbed in testing for avian influenza. (Merrimon/iStock/Getty Images)
Livestock

China reports first human case of H3N8 bird flu

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Beijing | Reuters — China has recorded the first human infection with the H3N8 strain of bird flu, the country’s health authority said on Tuesday, but said the risk of it spreading among people was low. A four-year-old boy from central Henan province was found to have been infected with the variant after developing a […] Read more
File photo of piglets at a hog operation in China. (KuLouKu/iStock/Getty Images)
Livestock, Markets

China’s hog output recovers, drags on Brazil pork exports

China's total Q1 pork imports down 64 per cent

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Sao Paulo | Reuters — Brazilian pork exporters are grappling with a drop in volumes shipped to their main buyer, China, which has increased its pork meat production after an outbreak of African swine fever in 2018. ASF forced China to cull millions of hogs and increase imports. China continued to be Brazil’s top pork […] Read more
CME June 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and dark red lines). (Barchart)
Livestock, Markets

U.S. livestock: CME hog futures top two-week high

Chicago cattle futures ease

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rallied to their highest price in more than two weeks on Monday, while live cattle and feeder cattle futures weakened. Hopes for increased domestic demand from summertime grilling and cookouts helped lift hog futures, analysts said. They added that surging grain and soybean futures raised […] Read more
A farmer in China piles wheat. An expert on China say that the country simply does not have enough arable land to grow enough food to be self-sufficient.
News

China’s food goal questioned

Despite the country’s desire to be self-sufficient in agriculture, expert says it won’t happen

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Glacier FarmMedia – Chinese President Xi Jinping might want to be independent of foreign food imports, but it will likely never be, says a noted China expert. “It will be very hard for him to realize, especially in the agricultural arena, where China has such a small percentage of arable land,” said Elizabeth Economy, a […] Read more
CBOT May 2022 wheat (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)
Crops, Markets

U.S. grains: Crop data awaited as grains fall with other commodities

China COVID-19 cases weigh on markets; grain traders monitor Ukraine news

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Chicago | Reuters — U.S. wheat, corn and soybean futures fell on Monday as worries over coronavirus cases in China weighed on commodity markets while grain traders also adjusted positions ahead of key U.S. crop reports due later this week. Crude oil dropped sharply as China’s financial hub, Shanghai, launched a lockdown to contain surging […] Read more
CBOT May 2022 soybeans (candlesticks, right column) with Bollinger bands (20,2) and NYMEX May 2022 West Texas Intermediate (WTI) crude (grey line, left column). (Barchart)
Crops, Markets

U.S. grains: Export demand boosts soybeans

Corn firm, wheat weak

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Chicago | Reuters — Chicago Board of Trade soybean futures rose for a third consecutive session on Wednesday, hitting their highest in nearly a month on expectations that demand for U.S. supplies will remain strong due to harvest shortfalls in South America, traders said. The crop woes in Argentina and Brazil also lent support to […] Read more
CBOT May 2022 wheat (candlesticks) with MGEX May 2022 spring wheat (yellow line) and K.C. May 2022 hard red wheat (orange line). (Barchart)
Crops, Markets

U.S. grains: Wheat up on Russian export suspension, U.S. drought

Corn futures firm, soy down

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Chicago | Reuters — Chicago Board of Trade wheat futures gained on Tuesday, supported as export curbs by Russia fuelled concerns about global supply, while traders see the recent decline as an opportunity for bargain buying. Soybeans fell in reaction to investor worries that renewed coronavirus outbreaks in China could curb demand, while corn traded […] Read more
The surge in China’s grain imports last year was led by 28.3 million tonnes of corn, up from the previous record of 11.3 million tonnes in 2020.
Markets, News

China expected to remain major grain buyer

It’s thought 20 to 25 million tonnes of imported corn are used annually to replace table scraps previously fed to hogs

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Glacier FarmMedia – China doubled its grain purchases in 2021, helping spur the bull run in grain markets, but what’s in store for this year? Dan Basse, president of AgResource Company, thinks more of the same. Why it matters: Grain purchases by China are expected to remain high for the coming year, which will help […] Read more

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