China to Cut Corn Cultivation in 2016

China plans to cut its corn acreage by close to 670,000 hectares in 2016, an official with the Ministry of Agriculture said on Thursday [19 November 2015], as the country comes under mounting pressure to reduce its corn stocks. Pan Weibo, deputy director with the Department of Crop Production under the ministry, said the country

DuPont and Jilin’s NTL Sign Biofuel Tech Agreement in Changchun

DuPont and Jilin Province New Tianlong Industry Co., Ltd., (NTL) announced a licensing agreement to begin the development of China’s largest cellulosic ethanol manufacturing plant, located in Siping City, Jilin Province, China.  The agreement allows NTL to license DuPont’s cellulosic ethanol technology and use DuPont™ Accellerase® enzymes, to produce renewable biofuel from the leftover biomass

USDA Decreases 2023/2024 Chinese Corn Import Estimate from 22 Million MTs to 6.5 Million MTs

The perils of forecasting the Chinese agricultural market came to the fore earlier this month when the US Department of Agriculture slashed its predictions for Chinese corn imports. Last year, the USDA reckoned China was set to become the largest importer of grain. But mounting evidence of rising inventories and falling demand triggered a rethink

The MIR 162 Debacle – Implications for US Exporters

Lying on the western bank of the Mississippi River, the New Orleans suburb of Westwego (pop. ~9,000) would seem to have little in common with Shenzhen, the thriving southern Chinese metropolis of 15 million people located some 8,500 miles away. In September 2014, their distant connection became front page news when the family-owned American agribusiness