Kirin Holdings and China Mengniu Dairy said on Tuesday they have given up on the sale of the Japanese company’s wholly owned Australian dairy firm Lion-Dairy and Drinks to the Chinese company, reported Reuters. The announcement follows a media report last week that the Australian government could block the deal in what would mark its […]
Category: Agriculture
What to say about the decoupling process? It’s a train that is picking up speed, from whatever angle you view it. The related steps being taken by both China and the US are too numerous to list out, but there is a sense of serious determination on both sides to hold to existing positions, and […]
China booked deals to buy 522,000 tons of soybeans, the US Agriculture Department said on Thursday, the latest in a string of purchases by the world’s top buyer of US agricultural products, reported Reuters. In a separate report on Thursday, the USDA said that export sales of corn to China totaled 1.37 million tons in […]
China booked its biggest single-day US corn purchase on record on Tuesday, its second massive deal for the yellow grain in less than a week, as it tries to meet its trade deal commitments even as tensions between Washington and Beijing rise, reported Reuters. China on Friday increased its corn and soybean import forecasts for […]
Construction of pig farms and rapid restocking will ease tight pork supply from the fourth quarter, an official at China’s Ministry of Agriculture and Rural Affairs said on Monday, reported Reuters. Stocks of productive sows have increased by 28.6% compared with the level in September 2019, official news agency Xinhua cited Yang Zhenhai, director of […]