The Dalian Commodity Exchange Launches New Soymeal Futures Options, Sugar Options Expected Next

Dalian Commodity Exchange launched new soymeal futures options on Friday [31 March 2017] – the first commodity options in China – offering one more hedging tool for investors, as well as soybean processing firms. The exchange is also considering launching futures options for more commodities, such as corn and soybeans, according to Wang Fenghai, managing

COFCO Group to Implement Mixed-Ownership Reforms Including IPOs and ESOPs

Shares of three listed units of State-owned China National Cereals, Oils and Foodstuffs Corp rose sharply on Wednesday [22 February 2017], after the country’s biggest food supplier by volume announced further plans for mixed-ownership reform on Monday. COFCO Biochemical (Anhui) Co Ltd stocks reached their 10 percent daily limit in early trading hours, and settled

The Dalian Commodity Exchange Pushes for Soybean Meal Options

The Dalian Commodity Exchange has urged regulators to approve the launch of soybean meal [animal feed] options and said it plans to introduce a hog futures contract, expanding its agricultural product offerings. Speaking at a conference on Wednesday [9 November 2016], the exchange’s general manager, Wang Fenghai, said soybean meal options would help farmers and

China’s Ministry of Commerce Slaps Anti-Dumping Duty on American DDGS

China’s Ministry of Commerce has decided to impose anti-dumping duties on distiller’s dried grains (DDGs) from the United States by requiring importers to pay a cash deposit on purchase. The domestic industry has been “substantially” harmed by the dumping of DDGs, the ministry said in its preliminary ruling following an investigation launched earlier this year…Full

Jiangsu-based Animal Feed Company to Help China’s Livestock Industry ‘Go Green’

The livestock industry needs green development as China strives to modernize its agriculture industry by making it more efficient, inclusive and environment-friendly throughout the 13th Five-Year Plan period (2016-2020), said Li Junyang, secretary-general of the International Ecological Economy Promotion Association (IEEPA), at a seminar in Beijing on Aug. 28…Full Article ECNS.cn Aug 2016 Key Point

Chinese Animal Feed Producer to Set Up a Joint-Venture in Iran

On Friday May 27, China’s Liaoning Wellhope Agri-tech Joint Stock Co. Ltd. signed a cooperation document with Iran’s Abzi Gostar Mobtakeran Tehran to set up a joint venture in Iran following the removal of anti-Tehran sanctions, Reuters reported. It comes after China’s President Xi Jinping paid an official visit to the Iranian capital in late

China-Australia Free Trade Agreement A Boon for Australian Wine, Fruit, Beef, and Milk Powder

The free trade agreement signed by Australia and China late last year is “delivering” for Australian businesses, the nation’s Minister for Trade and Investment said on Monday [2 May 2016]. Steven Ciobo said the Chinese appetite for premium Australian products such as wine, beef, seafood and vegetables had contributed to a number of impressive gains