By John DePutter & Dave Milne – July 30, 2019
The news:
“China has approved wheat imports from the Russian region of Kurgan, the Chinese customs office said on Friday, bringing Russia a step closer to its goal of dramatically increasing grain exports.”
Reuters, July 26, 2019
Statistics Canada released 2018 farm income data this week, showing just slightly higher crop receipts compared to a year earlier, sharply lower realized net income and rising debt.
“The US is likely to permanently lose soybean export market share in China the longer US-China trade talks drag on, a top executive at the US Soybean Export Council (USSEC) industry group said on Friday.”
– Reuters, May 17, 2019
“The USDA forecast new-crop soybean ending stocks at 970 million bu, which would represent a 25-million bu reduction from the revised 2018-19 ending stocks estimate of 995 million.”
– Syngenta website article, May 10, 2019
“Up to 200 million pigs could be culled or die from being infected as African swine fever spreads through China, Rabobank said, by far the highest such forecast yet and underscoring the gravity of the epidemic in the world’s top pork producer.”
– Reuters, Apr. 12, 2019