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China Agricultural Newsletter - February 2019

The China Agricultural Update is provided by the Iowa Economic Development Authority's (IEDA) office in China, which is operated by Phoenix Consulting LLC. Ms. Wendy Zhang, IEDA'strade specialist in the China office, can provide customized market research information for your company. For more information on how to utilize the services offered by IEDA's Beijing Office, please contact Mr. Joseph Rude at joseph.rude@iowaeda.com.

Laws, Regulations and Policies

China unveils guidelines on prioritizing agricultural, rural development

 BEIJING - Agriculture, rural areas and farmer's issues remain China's top priorities for the 16th consecutive year as its "No 1 central document" prioritizes development of agriculture and rural areas.

China unveils guidelines to support small household farmers

 BEIJING - China issued guidelines on Feb 21 to support small household farmers and encourage them to become involved in modern agriculture.

Plan to rejuvenate soybean farming

 Agriculture, rural communities and the welfare of farmers are once again the topics of China's No 1 Central Document. This year's first policy document, jointly released by the Central Committee of the Communist Party of China and the State Council on Tuesday, vows to make "marked progress" in agriculture by 2020 to ensure society becomes moderately prosperous.

China to impose anti-dumping duties on chicken from Brazil

 China's Ministry of Commerce (MOC) on Friday announced anti-dumping measures on imported white-feather broilers and chicken products that are originated from Brazil.

China unveils guideline to toughen supervision over food safety

 BEIJING - China has unveiled a guideline to enhance the accountability system of local governments to strengthen supervision over food safety.

Industry and Business

China's farm produce prices continue to retreat

 BEIJING, Feb. 26 (Xinhua) - Prices of farm produce in China continued to fall in the week ending Feb. 24, according to the Ministry of Commerce.

China plans further crop structure improvement

 BEIJING - China will further improve its agricultural plantation structure and narrow the deficit in the supply of certain farm products in 2019, the Minister of Agriculture and Rural Affairs Han Changfu said Wednesday.

China to develop over 5 mln hectares of high-standard farmland

 China will build at least 80 million mu (5.33 million hectares) of high-standard farmland this year, the Ministry of Agriculture and Rural Affairs said Sunday.China has started building drought and flood resistant farmland since 2011, in a bid to ensure food security. By the end of 2018, China has already developed 640 million mu of such farmland, with grain output increasing 100 kg per mu on average.

New preservation center to house 1.5m seed samples

 China kicked off a crop germpalsm preservation project on Tuesday, which is designed to house about 1.5 million seed samples, the Ministry of Agriculture and Rural Affairs said.

China to increase soybean production

 China plans to increase its domestic production of soybeans, amid a drop in imports of the legume in January. China will ramp up its production of soybeans and oilseeds, while rice and wheat fields in regions suffering from damagedunderground water supplies will be reduced, Chinese Minister of Agriculture and Rural Affairs Han Changfu announced on Wednesday at a national work conference on spring farming.

Soybean production, imports to increase

 China plans to boost its soybean production capability and also seek a high volume of imports to meet the country's domestic demand, agriculture and rural affairs officials said on Wednesday.

China commits to buy additional 10 million tonnes of US soybeans

After China’s importation of US soybeans came to a virtual standstill last year because of the trade war between the two nations, news that the Asian economic giant is buying an additional 10 million tonnes of the legume, which is a cheap source of protein for animal feeds, should be sweet to the ears of American farmers. 

China to boost high-quality development of agriculture

 BEIJING - China on Monday issued a plan to boost high-quality development of its agricultural sector through 2022.The country will work to improve the quality of agricultural products, as well as the agricultural sector's efficiency and international competitiveness, according to the plan jointly issued by the Ministry of Agriculture and Rural Affairs and six other ministries and government agencies.

China's agricultural keywords in next 5 years: centralization, integration, service

 Over the last five years, the structural reform on the supply side has required high quality and green agricultural development, which has been carried out with releases of a series of government policies including the Fertilizer & Pesticide Use Zero Growth Plan 2020 and the new Regulation on Pesticide Administration. 

China vitalization efforts on agriculture technology should remain on independent course: analyst

China will enhance efforts on agriculture innovation while strengthening safety management on genetically modified organisms (GMOs), according to a work plan released on Monday.

African swine flu hits Hebei

 African swine flu has been found in Xushui district of Baoding, North China's Hebei province, the Ministry of Agriculture and Rural Affairs announced on Sunday.

China warns pork food firms over African swine fever risks

 BEIJING, Feb. 18 (Xinhua) - China has urged pork food firms to enhance their management of pork to guard against African swine fever after media reports of suspected contaminated dumplings.

Chinese food products recalled following discovery of swine fever

 Products sold by Chinese frozen food Sanquan have been recalled over fears of contamination by African swine fever (ASF), South China Morning Post.

Wine importers experience shaky start to 2019

 Imported wines suffered a decline in China at the turn of the year, hampered by fierce market-competition after continuous rapid growth in the previous years.

Online retail sales soar in China's rural areas

 BEIJING - Online retail sales across China's rural areas experienced tremendous growth last year, the Ministry of Commerce (MOC) said Thursday.

Statistics

Market Price of Major Agricultural Products in Circulation, February11-20, 2019

 

Products

Units

Current Price

(CNY)

Price Change over Previous Period

(February1-10, 2019, CNY)

±Rate(%)

Rice (Japonica Rice)

ton

4233.8

0.0

0.0

Wheat (Third-Class of National Standard)

ton

2476.8

-1.2

0.0

Corn (Second-Class of Yellow Corn,)

ton

1829.1

-6.0

-0.3

Cotton (Ginned Cotton, Third-Class of White Cotton,)

ton

15486.2

0.5

 

0.0

Live Pig (External Triple Crossbreed)

kg

11.9

0.9

8.2

Soybean

ton

3801.3

-0.4

0.0

Soybean Meal (Crude Protein Content≥43%)

ton

2731.3

-37.5

-1.4

Peanut (Oil Peanut)

ton

6183.3

0.0

0.0

Urea (Small Granule)

ton

1978.0

-5.3

-0.3

Compound Fertilizer (Compound Fertilizer of Potassium Sulfate)

ton

2616.3

-3.7

-0.1

Pesticide (Glyphosate, 95% Technical Material)

ton

25018.8

-118.7

-0.5

 

Source: China National Bureau of Statistics

 

 
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