• 'Zombie machines' exposed: China launches crackdown on substandard agricultural machinery

    The Ministry of Agriculture and Rural Affairs has launched a nationwide crackdown on substandard agricultural machinery following media reports uncovering a scheme to exploit government subsidies.

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  • China’s Pork Outlook for 2024: Imports Rise as Domestic Production Declines

    China’s pork industry is facing a mixed picture for the year 2024, as indicated by the latest report from the Global Information Agricultural Network by USDA’s Foreign Agricultural Service (FAS). The report forecasts a 1% decline in both swine production and pork products within the country for the upcoming year. However, amidst these challenges, there is a projected 20% growth in live pig imports, with an estimated 6,000 head set to be imported in 2024. This increase in imports is a significant step for China’s hog herd rebuilding efforts, although the numbers remain historically low.

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  • China allocates 432 million yuan in flood relief funds for agriculture

    China will allocate 432 million yuan ($60 million) in flood relief funds to support agricultural output hit by heavy rainfall in eight provinces including Hebei, the agriculture ministry said on Wednesday.The fund is for replanting crops in flooded areas and purchasing goods to resume agricultural production, said the notification on the ministry's website.

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  • Agricultural Bank of China Issues Bonds for Rural Development

    BEIJING, June 10 (Xinhua) -- The Agricultural Bank of China, one of the country's largest commercial lenders, has issued 20 billion yuan (about 2.8 billion U.S. dollars) of special financial bonds to support rural development.

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  • China to Replenish Pork Reserves to Stabilize Market

    This is the second batch of frozen pork this year to be purchased and stored in central reserves.

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  • China Could Become The World's Largest Buyer of Wheat

    The U.S. Department of Agriculture expects a record wheat crop of 138 million tons in China this year, but analysts wonder why the country is poised to become the world's largest buyer when production is so high.

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  • China stockpiles pork reserves to stabilize market

    This year's first stockpiling work for state pork reserves is underway.

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  • China cuts its pork imports in half

    In 2022 China imported 1,760,000 t of pork or 2,870,000 t including offal, which represents decreases of 53% and 42%, respectively, in relation to imports in 2021, which stood at 3,710,000 t of pork and 4,990,000 t of pork and offal. Imports of offal alone have only decreased by 13%.

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  • Ukraine and China to deepen trade and economic relations in agrarian sector

    On December 21, the leadership of the Ministry of Agrarian Policy and Food of Ukraine held a working meeting with the Ambassador of the People's Republic of China to Ukraine Fan Xianzhong. The parties discussed the deepening of trade and economic relations in agricultural sector and the expansion of Ukrainian exports.

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  • China: strong increase in pork prices

    The prices for slaughter pigs in China have increased enormously, year-to-date prices are up 60%. The government has so far been unsuccessful in trying to counteract this and to stabilize the market by generously outsourcing state pork reserves.

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  • China to release third batch of pork reserves to tame high prices

    More pork from government reserves will be released to maintain supply and price stability.

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  • China to release additional pork reserve to maintain price stability

    This will be the second batch of pork released from the country's central reserves this year.

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  • Is China about to re-enter the U.S. pork market?

    October hog contract remains highly elevated, recently settling at $98.40, or the highest price since April 20.

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  • China includes cultured meat in five-year plan

    With a huge population, an expanding middle class, strong urbanization and the associated loss of land, people in China are very concerned about food security in the future. That is why cultured meat was included in the five-year plan of the Chinese Ministry of Agriculture.

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  • China: pork prices are picking up again

    In China, the mood on the slaughter pig market has brightened slightly, because the slaughter pig prices have risen by around 43% compared to March and are therefore again above the break even point despite higher feed costs.

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  • Major pork exporters look to markets outside China

    As China imports less pork this year, where will the EU, US, Canada, and Brazil export their product?

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  • What to expect in the Chinese pork market this year

    Pork imports will drop to 3.3 million tonnes — USDA report.

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  • China lays out new targets for meat and pork production

    In its latest plan to advance the agriculture industry, China lays out targets for meat and pork production.

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  • China seems to head for 100% self-sufficiency in pork

    The national swine herd may reach 504 million head this year, says a Polish market analyst.

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