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China Agricultural Newsletter - June 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's trade 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 issues guideline to boost rural industries

 BEIJING - China has issued a guideline to boost rural industries in a bid to vitalize the country's vast countryside.

China to accept UK beef exports

 Britain could start exporting beef to China again later this year, both nations have confirmed, bringing to an end a 23-year import ban imposed during the mad cow disease epidemic that hit the United Kingdom in the 1990s.

State Council targets rising food prices

 The State Council has moved to stabilize the price of agricultural products amid rising vegetable, fruit and pork prices, as experts call for the establishment of a long-term warning mechanism for price hikes.

China to offer financial support to sow farms to rebuild pig herd

 The Chinese Ministry of Agriculture and Rural Affairs is urging Chinese provincial authorities to offer financial support to large-scale pig farms.

China suspends import of Canadian pork starting June 25

 China has suspended the import of pork products from relevant enterprises and required the Canadian side to conduct investigations, the Chinese Embassy in Ottawa confirmed on Wednesday in a statement. 

China opens more sectors to foreign investment with new negative lists

 BEIJING - China on Sunday rolled out revised negative lists for foreign investment market access, introducing greater opening-up and allowing foreign investors to run majority-share-controlling or wholly-owned businesses in more sectors.

Industry and Business Watch

China expects bumper summer grain harvest

 BEIJING - China is expected to see a bumper harvest for summer crops this year, with nearly 80 percent of the crops already harvested, said the Ministry of Agriculture and Rural Affairs Wednesday.

China's agricultural product price e dges down

 BEIJING, June 25 (Xinhua) - China's agricultural product price edged down Monday, according to a report from the Ministry of Agriculture and Rural Affairs.

Prices of most production goods decline in China

 BEIJING, June 24 (Xinhua) - China's official data showed that most production goods monitored by the government posted lower prices in the middle 10 days of June compared with the previous 10 days.

China says supply of soybean secured

BEIJING, June 26 (Xinhua) - A soybean harvest in South America and rising planting area in China will help secure the country's soybean supply, an agriculture official said Wednesday.

Soybean planting area rises 0.66m hectares

 The nation's soybean revitalization plan is off to a good start, with the planting area of spring-sown soybeans and summer-sown soybeans both expanding, especially in Northeast China, the agriculture ministry said on Wednesday.

China soybean imports from Brazil plummet in wake of swine fever

 China's May soybean imports from top supplier Brazil fell 31 percent from the same month last year, customs data showed today (25 June).

China corn acreage forecast to fall to 41.63 mln hectares

 BEIJING, June 2 (Xinhua) - China's corn acreage is forecast to fall to 41.63 million hectares this year and next, a recent agricultural report said.

China: Trials underway for saltwater rice strains

 China has planted about 300 new strains of saltwater-tolerant rice on 670 hectares of experimental alkali fields in search of resilient, high-yield varieties that can grow on previously unproductive land.

Chinese researchers discover gene helping rice reduce heavy metal pollution

 BEIJING - Chinese researchers have discovered a gene which plays an important role in cadmium accumulation in rice, providing a reference for the cultivation of low-cadmium rice varieties.

Pork consumers paying more as swine fever stifles supply

 The price of pork in China is likely to continue rising this year due to a significant fall in the supply of pigs caused by African swine fever outbreaks, the Ministry of Agriculture and Rural Affairs said on Wednesday.

China's pig industry attracts century-old Dutch feed firm: newspaper

 BEIJING, May 28 (Xinhua) - Royal Dutch De Heus, a century-old Dutch feed firm, hopes to build a pig slaughtering and processing plant in China in cooperation with its Chinese partner Wellhope.

China imports huge volumes of pork reaching three-year high

 China's pork imports surged nearly 63 percent in May from the same month last year, customs data showed on Sunday (23 June), as the world's top consumer of the meat stocked up on supplies ahead of an anticipated shortage.

China to suspend pork imports from third Canadian firm as dispute with Ottawa deepens

 BEIJING, June 18 (Reuters) - China will block pork imports from a third Canadian firm after a shipment was found to contain the banned feed additive ractopamine, the customs agency said on Tuesday, deepening a trade and diplomatic dispute with Canada.

Xinjiang reports foot-and-mouth disease outbreak in cattle

 BEIJING - The Chinese agriculture ministry on Tuesday confirmed an outbreak of O-type foot-and-mouth disease in cattle in Ruoqiang county, Xinjiang Uygur autonomous region.

China makes big step to control fall armyworm crop pest

 China's research team has made a breakthrough in dealing with the crop-destroying pest fall armyworm (FAW), which has seriously threatened the safety of China's agriculture and food production. 

China's cotton plantation stable this year: authority

 QINGDAO, June 20 (Xinhua) - China's cotton plantation area is stable this year, said Dai Gongxing, head of the China Cotton Association.

Organic agriculture industry attracting investment

 As the only demonstration base for green and organic agricultural products in China, Jiangxi province has attracted a group of large enterprises to invest in the region, according to local officials.

High-quality consumption a trend in food and beverage industry

 Pursuing high-quality consumption has become a trend and consumers of all age groups prefer high-quality restaurants of more influential brands, as a result of consumption upgrading in the food service industry, a report said.

Traceability platform for agricultural products launched in East China

 NANJING - East China's Jiangsu province launched Tuesday a traceability platform for agricultural products, according to the provincial department of agriculture and rural affairs.

China's online retail sales hit 3.86 tln yuan in Jan-May: report

 BEIJING, June 23 (Xinhua) - China's online retail sales reached 3.86 trillion yuan (about 562 billion U.S. dollars) in the first five months, accounting for over one-fifth of the country's total retail sales of consumer goods, industrial data showed.

Tmall Global launches English site to entice global merchants

 Chinese e-commerce giant Alibaba today launched the first English-language entry portal for its cross-border marketplace Tmall Global, making it easier for overseas merchants to sell their products in China.

Beijing company sets up Asia's largest probiotic resource bank

 Beijing-based high-tech company Scitop Bio-tech has established Asia's largest probiotic strain resource bank, and aims at creating the largest probiotic strain resource bank in the world by 2022, marking a leap-forward development in China's probiotic industry.

US company Cargill opens protein production plant in East China

 SHANGHAI - US agriculture and food company Cargill is expanding its protein production capacity in the city of Chuzhou, East China's Anhui province, with an investment of around $48.8 million in a new plant.

International nutrition company Evonik extend partnership with Chinese biotech company

 Evonik and Vland have signed a Joint Development Agreement as part of their existing broader partnership in the field of probiotics for animal nutrition and enzymes for industrial applications.

Carrefour selling 80% equity interest to Suning.com

 French retailing giant Carrefour Group announced on Sunday it had agreed to sell 80 percent equity interest in Carrefour China to the leading Chinese retailer Suning.com for 4.8 billion yuan ($698.8 million) in cash.

Statistics

Market Price of Major Agricultural Products in Circulation, June 11-20, 2019

 

Products

Units

Current Price

(CNY)

Price Change over Previous Period

(June 1-10, 2019, CNY)

± Rate (%)

Rice (Japonica Rice)

ton

3880.8

-222.1

-5.4

Wheat (Third-Class of National Standard)

ton

2262.3

-49.7

-2.1

Corn (Second-Class of Yellow Corn,)

ton

1913.6

-1.0

-0.1

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

ton

14132.6

-174.1

 

-1.2

Live Pig (External Triple Crossbreed)

kg

16.2

0.2

1.3

Soybean

ton

4218.3

35.0

0.8

Soybean Meal (Crude Protein Content≥43%)

ton

2980.8

-42.5

-1.4

Peanut (Oil Peanut)

ton

7252.9

-63.8

-0.9

Urea (Small Granule)

ton

1991.7

-5.8

-0.3

Compound Fertilizer (Compound Fertilizer of Potassium Sulfate)

ton

2572.5

-7.5

-0.3

Pesticide (Glyphosate, 95% Technical Material)

ton

23812.5

-187.5

-0.8

Source: China National Bureau of Statistics

 
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