Articles tagged under: China
Ambassadors Nominated for China, Japan
Published August 30, 2021
President Joe Biden has nominated ambassadors to two key ag export markets, China and Japan. Former NATO ambassador Nicholas Burns was selected to oversee the embassy in Beijing and former Chicago Mayor Rahm Emanuel will represent the United States in…China Needs U.S. Soybeans
Published August 20, 2021
The USDA did not report any soybean export sales to China on Friday, ending an 11 day buying streak. "That was the first day since August 4 we didn't have a flash sale report from the USDA from China," said…An Aggressive Buyer
Published August 20, 2021
Iowa State University Extension Economist Chad Hart says the Chinese buying spree has been positive. "They've been incredibly aggressive in the past 12 months. Some of the buying is related to the growing economy and rebuilding after African Swine Fever.…Funds Exit Ag Commodities
Published August 20, 2021
Traders are nervous with ongoing world events, ranging from Afghanistan and the Delta variant. NAU Country Vice President of Ag Services Rich Morrison says crude oil has been a big driver in this market. "That is removing interest in commodities…Container Crisis Cranks Up
Published August 12, 2021
The availability of shipping containers may be getting even tighter. A COVID-19 outbreak has been reported at one of the major ports and China has suspended operations. Some ships are being rerouted to Shanghai, which is already dealing with the…China Buys More U.S. Soybeans
Published June 25, 2021
China bought at least 12.3 million bushels of U.S. soybeans in the last week. StoneX Group Chief Commodities Economist Arlan Suderman says USDA's confirmation was the first flash report with China buying U.S. soybeans since April 23. "It's pretty monumental.…Commodity Markets Suffer a Total Collapse Thursday
Published June 18, 2021
Corn was limit down on the first six contracts listed, July 2021 through July 2022. For soybeans, it was only the fourth time in history that prices dropped over $1. Advance Trading Risk Management Advisor Tommy Grisafi says soybeans were…China Takes Steps to Support Swine Industry
Published June 9, 2021
The Chinese government is taking efforts to stabilize hog production and the markets. That’s after prices dropped in half since the beginning of the year. State reserves will be utilized to adjust pork supplies. The Chinese swine herd was devastated…ADAMA Completes Majority Position of Huifeng’s Crop Protection Business
Published June 2, 2021
ADAMA and Jiangsu Huifeng Bio Agriculture have completed the final phase of its previously announced deal. ADAMA has acquired 51 percent of a recently established wholly-owned subsidiary of Huifeng. This agreement gives ADAMA a majority stake in one of China's…