China | Morning Ag Clips

June 25, 2020

STATEMENT RELEASED ...

USDA, FDA release statement on food export restrictions

"There is no evidence that people can contract COVID-19 from food or from food packaging"

June 23, 2020

VIRUS OUTBREAK ...

US meat industry puzzled by China's import ban for 1 plant

Ban raised concerns about the implications if the action is expanded to other plants

June 17, 2020

FOOD DISTRIBUTION ...

USDA trade mitigation purchases surpass $2B

Purchased food is provided to states for distribution to nutrition assistance programs

June 17, 2020

SOYBEAN MARKET ...

Soybean exports, acreage and yield

July 2020 soybean futures jumped by 33% since June 1

June 3, 2020

REGULAR RALLY? ...

Seasonal price rally in soybeans

Planting pace sits above the five-year average as of May 24

May 25, 2020

Lighthizer. (U.S. Department of Agriculture, Flickr/Creative Commons)

TRADE ...

Progress on U.S.-China agreement implementation

Recent actions build upon actions announced by USDA and USTR in February and March

May 7, 2020

Each year, nearly 70 percent of the 255 million bushels of soybeans harvested in South Dakota are exported. China is the largest importer of South Dakota soybeans. South Dakota's export narrative is not unique. Nation-wide, one out of every three rows of soybeans harvested is shipped to China. In 2017, this amounted to $13.9 billion worth of U.S. soybeans. (Courtesy of SDSA)

ROCKY ROAD ...

Tariff revival and soybean exports

New tariffs against China threatened for China's coronavirus behavior

April 15, 2020

While the vast majority of corn produced in Colorado goes to local livestock operations, Colorado Corn staff and board members see the value in supporting efforts to expand grain exports, both in terms of helping feed and fuel the world, and in strengthening markets for U.S. farmers. (Courtesy Colorado Corn Growers Association)

ESSENTIAL EXPORTS ...

Soybean and corn export outlook

Revealing consumption information relevant to price formation in 2020

March 26, 2020

INTERNATIONAL PURCHASES ...

Corn exports continue despite COVID-19

Chinese firms have purchased another 250,000 tonnes of U.S. corn

March 12, 2020

CORONAVIRUS CONCERNS ...

Will virus alter demand for farm goods?

Could slow global economic growth and recovery from trade disputes