China

Watching China’s End of the Bargain

May 8, 2020 DairyBusiness News Yoda 0

Purchases Need to Accelerate to Meet Phase 1 Goal As part of the Phase 1 Economic And Trade Agreement between the U.S. and China, the Chinese agreed to purchase no less than $12.5 billion in U.S. agricultural [Read More …]

Reviewing Expected Benefits of Dairy Revenue Protection and Dairy Margin Coverage

April 29, 2020 DairyBusiness News Yoda 0

As global milk supplies tightened toward the end of 2019, milk prices reached their highest level since 2014, coming in at more than $20 per hundredweight. USDA’s December World Agricultural Supply and Demand Estimates projected that all-milk [Read More …]

COVID-19 could alter ag trade relationships

April 14, 2020 DairyBusiness News Team DP 0

COVID-19 has raised questions about diversifying suppliers for world-wide trade While progress was being made on the U.S.-China Phase One agricultural deal with changes to regulations on non-tariff barriers, COVID-19 has raised questions about diversifying [Read More …]

U.S.-China Phase One Agreement moves forward

March 30, 2020 DairyBusiness News Yoda 0

USDA and USTR announce continued progress in implementation of U.S.-China agreement The U.S. Department of Agriculture (USDA) and the Office of the U.S. Trade Representative (USTR) Tuesday announced continued progress in the implementation of the [Read More …]

Coronavirus will delay anticipated ag export surges

March 20, 2020 DairyBusiness News Team DP 0

Need for economic recovery means U.S.-China trade war unlikely to further escalate in 2020 The novel coronavirus has shocked the world’s economies. The virus has spread to more than 100 countries and many U.S. states. This has rattled global stock markets, [Read More …]

Will virus alter demand for farm goods?

March 17, 2020 DairyBusiness News Yoda 0

Could slow global economic growth and recovery from trade disputes As countries affected by the coronavirus try to control its spread, market and public reactions to the fast-moving situation have sent ripple effects to people [Read More …]

Progress on China Phase One Agreement

March 16, 2020 DairyBusiness News Yoda 0

Perdue: this agreement will produce positive gains for the entire economy U.S. Secretary of Agriculture Sonny Perdue announced Tuesday that China has continued its progress in implementing the U.S.-China Phase One Economic and Trade Agreement [Read More …]

Dairy Quarterly Q1 2020: The Corona Hangover

March 16, 2020 DairyBusiness News Team DP 0

The upward trajectory in global dairy product prices visible in Q4 2019, stalled in Q1 2020. The onset of the coronavirus in China and the permeation across the globe have buyers and sellers scrambling to [Read More …]

Strong February Jobs Report Belies Economic Effects of COVID-19

March 6, 2020 DairyBusiness News Team DP 0

The February jobs report, released March 6, showed another whopping 273,000 new jobs, the same figure in the January report. Though the more than 250,000 new slots is impressive, recall the survey is conducted the [Read More …]

The Coronavirus: Protecting Your Business from a Sick Supply Chain

March 5, 2020 DairyBusiness News Team DP 0

The rapid spread of the Coronavirus Disease 2019 (COVID-19) in China is already impacting the global supply chain. Industry experts are predicting the impact on the global supply chain will peak in mid to late [Read More …]

China uses dairy factory to show it’s getting back to work

March 5, 2020 DairyBusiness News Yoda 0

China is striving to restore public & business confidence, avert a deeper economic downturn As milk bottles and yogurt six-packs zipped past on a conveyor belt at a state-owned dairy, reporters heard a sales pitch [Read More …]

Progress on U.S.-China Phase One agreement

February 28, 2020 DairyBusiness News Yoda 0

China has taken actions to begin implementing its agriculture-related commitments U.S. Secretary of Agriculture Sonny Perdue and United States Trade Representative Robert Lighthizer announced today that China has taken numerous actions to begin implementing its [Read More …]

IFCN Top-10 List: Dairy Farming Companies Worldwide 2020

February 27, 2020 DairyBusiness News Yoda 2

According to IFCN’s latest research, Saudi Arabia and China have the largest dairy farming enterprises in the world. China holds half of the top 10 list, while the rest of the companies are located in [Read More …]

Food processing standards are tested as coronavirus outbreak intensifies globally

February 27, 2020 DairyBusiness News Yoda 0

The Coronavirus outbreak in China becomes a major global concern, which has pushed the food processing market to adopt to the new environment. A major advantage the food processing market has is its use of [Read More …]

Trump prepared to give farmers more federal aid

February 27, 2020 DairyBusiness News Yoda 0

Comments come after report projects ag exports to China will reach $14 billion in fiscal year President Donald Trump signaled Friday that he’s prepared to tap federal coffers again to help farmers suffering from the [Read More …]

What will the China Trade Agreement do for Milk Producers?

February 14, 2020 DairyBusiness News Team DP 0

On January 15, 2020, the U.S./China Trade agreement was signed. This is what is popularly known as Phase-one, implying that other phases are coming. There are many general topics that cover all import and export issues and [Read More …]

Farmer sentiment soaring after China trade deal

February 7, 2020 DairyBusiness News Yoda 0

Survey of 400 U.S. agricultural producers and was conducted from January 13-17 There was a sharp rise in agricultural producer sentiment in January as the Purdue University/CME Group Ag Economy Barometer rose 17 points from December to [Read More …]

President Sets China Travel Quarantine

February 4, 2020 DairyBusiness News Team DP 0

Public Health Emergency Declared The Trump administration declared a public health emergency in the U.S. Friday in response to the global coronavirus outbreak. In addition, the White House held a public briefing by the Coronavirus [Read More …]

The T.C. Jacoby Weekly Market Report Week Ending January 31, 2020

February 4, 2020 DairyBusiness News Team DP 0

Markets This Week Succumbed to Fear and Uncertainty The CDC reports that the symptoms of coronavirus typically only last for a short time and may include a cough, runny nose, headache, fever, and “a general [Read More …]

Only Modest Benefit from Dairy from China Deal

February 1, 2020 DairyBusiness News Team DP 0

The phase one trade deal with China looks like a bit of a disappointment. Chinese officials say they will buy American goods based on market conditions, but they aren’t doing anything to shift those market [Read More …]

Alltech Global Feed Survey reveals first production decline in nine years

January 27, 2020 DairyBusiness News Team DP 0

The 2020 Alltech Global Feed Survey estimates that international feed tonnage decreased by 1.07% to 1.126 billion metric tons of feed produced last year, due largely to African swine fever (ASF) and the decline of [Read More …]

China: What Does it Mean Now?

January 20, 2020 DairyBusiness News Yoda 0

Today, the United States and China signed a long-awaited Phase One trade deal that, as expected, substantially addresses trade in food and agricultural products. Under the agreement, China has signaled it will purchase and import [Read More …]

INTL FCStone’s In-Depth Analysis – US-China Phase One Deal

January 20, 2020 DairyBusiness News Team DP 0

I’m jumping on the bandwagon with the people who are skeptical that China will live up to commitments made in the “Phase One” trade deal signed with the US this week. I guess I [Read More …]

The American Dairy Coalition Congratulates President on Signing of a Phase One Trade Agreement with China

January 17, 2020 DairyBusiness News Yoda 0

President Donald Trump signed a historic trade agreement with China today that will represent a Phase One Agreement between the two countries. Through this enforceable agreement, China has agreed to structural reforms in intellectual property, technology [Read More …]

Phase One Deal Signed, Yet Many Issues Remain

January 17, 2020 DairyBusiness News Yoda 0

President Trump has signed an initial trade deal with China. In a ceremony with Chinese Vice Premier Liu He at the White House today, President Trump celebrated the agreement which commits Beijing to halt intellectual [Read More …]

Dairy Economist Projects Recovery Year in 2020, Possible $20 Class III Price

January 17, 2020 DairyBusiness News Team DP 0

A Class III price of $20.00 per cwt is a likely possibility during the 2020 calendar year, according to Dr. Mark Stephenson, director of dairy policy analysis in the UW-Madison College of Ag. Positive factors [Read More …]

U.S. Treasury Declassifies China as a Currency Manipulator

January 16, 2020 DairyBusiness News Yoda 0

The U.S. Treasury has announced that it is dropping its designation of China as a currency manipulator. The phase one deal that is set to be signed today will include about $200 billion in purchases [Read More …]

Dairy Applauds Key Achievements Made in China Phase One; Still, Dairy Market Access Contingent on Lifting Retaliatory Tariffs

January 15, 2020 DairyBusiness News Team DP 0

Today’s signing of the Phase One trade agreement with China makes important advances on non-tariff issues harming U.S. dairy trade. While promises of additional Chinese purchases of U.S. agricultural products in the next two years [Read More …]

China and MFP Tranche 3

January 10, 2020 DairyBusiness News Team DP 0

To assist farmers and ranchers who have lost markets due to retaliatory tariffs, the Trump administration issued two rounds of Market Facilitation Program payments (Trade Aid Round One: A State Perspective and USDA Announces Details Behind the [Read More …]

United States and China Reach Phase One Trade Agreement

December 17, 2019 DairyBusiness News Yoda 0

The United States and China have reached an historic and enforceable agreement on a Phase One trade deal that requires structural reforms and other changes to China’s economic and trade regime in the areas of [Read More …]

Watching China’s End of the Bargain

Reviewing Expected Benefits of Dairy Revenue Protection and Dairy Margin Coverage

COVID-19 could alter ag trade relationships

U.S.-China Phase One Agreement moves forward

Coronavirus will delay anticipated ag export surges

Will virus alter demand for farm goods?

Progress on China Phase One Agreement

Dairy Quarterly Q1 2020: The Corona Hangover

Strong February Jobs Report Belies Economic Effects of COVID-19

The Coronavirus: Protecting Your Business from a Sick Supply Chain

China uses dairy factory to show it’s getting back to work

Progress on U.S.-China Phase One agreement

IFCN Top-10 List: Dairy Farming Companies Worldwide 2020

Food processing standards are tested as coronavirus outbreak intensifies globally

Trump prepared to give farmers more federal aid

What will the China Trade Agreement do for Milk Producers?

Farmer sentiment soaring after China trade deal

President Sets China Travel Quarantine

The T.C. Jacoby Weekly Market Report Week Ending January 31, 2020

Only Modest Benefit from Dairy from China Deal

Alltech Global Feed Survey reveals first production decline in nine years

China: What Does it Mean Now?

INTL FCStone’s In-Depth Analysis – US-China Phase One Deal

The American Dairy Coalition Congratulates President on Signing of a Phase One Trade Agreement with China

Phase One Deal Signed, Yet Many Issues Remain

Dairy Economist Projects Recovery Year in 2020, Possible $20 Class III Price

U.S. Treasury Declassifies China as a Currency Manipulator

Dairy Applauds Key Achievements Made in China Phase One; Still, Dairy Market Access Contingent on Lifting Retaliatory Tariffs

China and MFP Tranche 3

United States and China Reach Phase One Trade Agreement

The Downside and Upside of Increasing Exports

Not all fiber behaves the same in dairy rations

What Is Your Reason?

Preparing Grain Storages for Harvest