Articles Tagged with ''china''

U.S. soybean future prices are on the rise amid continued Chinese demand and concerns of tight global supplies, putting markets in a “rationing” mode, according to a Cargill executive.

Hundreds of business leaders, including some in the ag industry, are calling on Congress not to delay confirming the results of November’s presidential election. Congress is set to meet today to count the electoral votes.

Farmers painted a slightly more optimistic picture of their expectations in December but still have a handful of policy concerns as the country prepares for a new administration and Congress.

Ag Secretary Sonny Perdue announced Monday evening that USDA is going to extend the Farmers to Families Food Box Program to a fifth round, this one worth $1.5 billion.

Chinese importers wrapped up 2020 with new purchases of U.S. soybeans, wheat and corn, according to the latest weekly USDA trade data.

The coronavirus pandemic was top of mind for nearly every aspect of the global economy in 2020, and farm policy stakeholders were keeping a close eye on Agri-Pulse’s coverage of the virus and legislative efforts to lessen its blow throughout the year.

Congress faces a midnight deadline to keep the government funded. As of Thursday evening, it wasn’t clear whether lawmakers would be asked to pass a very short-term stopgap spending bill to provide the time they need to pass a massive bill that would include both government funding for fiscal 2021 as well as a big new COVID aid package.

It’s only December and still months away from U.S. farmers going into the fields to plant next year’s soybean crop, but the Chinese are already buying it.

President-elect Joe Biden has tapped a China expert to be his U.S. Trade Representative, reflecting the most pressing trade issue his administration will face on day one – the ongoing trade war with the Asian economic powerhouse.

The recent boom in commodity prices is likely to continue through 2021 and into 2022, with supplies historically low worldwide at the same time Chinese demand for animal feed is growing and a worsening drought grips Brazil and Argentina, according to a top ag economist.