Articles tagged under: China
More Potential for Trade Certainty in 2020
Published December 26, 2019
This year challenged farmers, but there is optimism as 2020 inches closer. National Council of Farmer Cooperatives President Chuck Conner says farmers could see more trade certainty. The U.S.-Mexico-Canada Agreement was passed in the House and will be considered by…ASF News Prompted Swine Herd Expansion
Published December 26, 2019
The United States is clearly in an expansion phase for pork production. Bob Brown Consulting President Bob Brown says this growth began in the summer of 2018. "Looking at the last 28 weeks of hog slaughter, the fiscal year hog…More Ethanol Purchases Possible in Phase One Deal
Published December 24, 2019
China could purchase more U.S. ethanol as part of the Phase One trade agreement with China. Growth Energy Senior Vice-President of Global Markets Craig Willis explains that China has an E10 policy in place that could make U.S. ethanol attractive.…China Plans Tariff Reductions for January 1
Published December 24, 2019
As of January 1, China plans to reduce tariffs on more than 850 foreign products including frozen pork. The Chinese Finance Ministry says the cuts mainly apply to products in short supply and to foreign products for daily use. Food…U.S. Pork Production Expected to Stay Strong
Published December 24, 2019
Steiner Consulting Group senior analyst Altin Kalo says USDA's breeding hog number points to another year of record pork production. "The growth has gone to states that aren't the largest pork producers," says Kalo. "The biggest growth was in Illinois.…Grain Traders Need Concrete Phase One Numbers
Published December 24, 2019
Ag Watch Market Advisors President Dewey Strickler thinks grain traders will need to see concrete numbers on the Phase One Trade deal with China soon. "Some are beginning to question whether China can deliver on $40 billion of agricultural products…Grain Trade Digests More Details on China Trade Deal
Published December 20, 2019
Lakefront Futures market analyst Darin Fessler says traders digested a report from a Chinese consultant that says China would have no problem meeting $40 billion in U.S. goods. "I didn't see anything from the ethanol side. The biggest one is…Many Unknowns Remain on U.S.-China Deal
Published December 18, 2019
Many unknowns remain about the phase one trade deal with China. International Food Policy Research Institute Senior Research Fellow Joe Glauber says one concern is how you physically go about selling $40 to $50 billion in agricultural products to China.…NDSU Ag Economist: Be Patient with the Markets
Published December 16, 2019
A phase one trade agreement between the U.S. and China does change the market mentality. However, NDSU Extension crops economist Frayne Olson says prices won't change dramatically overnight. "What I likely see happening is a slow uptrend in prices. There…