Brazil expects to resume exports of its meat products to China and Saudi Arabia before the end of the year, according to Neri Geller, Brazil’s minister of agriculture, livestock and supply. The growth potential from the readmission of Brazilian beef into the two markets will help further industrialize Brazil’s global agricultural trade and incorporate technological
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
The Ministry of Agriculture of China (MOA) published on Thursday (21 August 2014) the approval of import of 10 genetically modified varieties for commercialization. For soybeans, are released the A2704-12 (Bayer), MON89788 (Monsanto) and 305423 (Pioneer) varieties. For the corn MON88017 (Bayer), MON89034 (Monsanto), NK603 (Monsanto), GA21 (Syngenta) and MIR604 (Syngenta) varieties were approved…Full Article:
China will directly export fruit and vegetables to Russia after the Russian government banned import of agricultural products from western suppliers, according to rt.com on Tuesday [12 August 2014]. Baorong, a wholesale company dealing with agricultural products between China and Russia, is reportedly building a special logistics center in Heilongjiang province’s Dongning, which is near
Brazil’s Agriculture Ministry estimates that beef exports to China in 2015 may total between US$800 million and US$1.2 billion, or 20 percent of Brazil’s total foreign exports. In July [2014] China announced it had lifted the embargo on Brazilian beef that had been in place for 18 months. Brazilian meat sales to china totaled US$37.7
China has suspended its embargo on beef from Brazil, a measure put in place in 2012 following an atypical case of bovine spongiform encephalopathy (BSE) in Brazil’s Paraná state, Brazil’s Agriculture Ministry said Thursday after a meeting of the presidents of Brazil, Dilma Rousseff, and China, Xi Jinping. “The embargo is suspended and Brazil can
Brazilian group JBS plans to increase sales of food to China by 20 percent in 2014, the chairman of the group, who said it was the world’s largest meat producer, said in Sao Paulo Monday. According to the Reuters news agency, Joesley Batista said that demand for foodstuffs by China remains strong, and that in
China National Cereals, Oils and Foodstuffs Corp, known as COFCO and the country’s largest food trader, has agreed to purchase 51 percent of Rotterdam-based grain trader Nidera BV for an undisclosed sum to further expand China’s grain supply channel in South America. Nidera, with an annual turnover of more than $17 billion, is a major
China has agreed to allow imports of Brazilian corn, providing a key market for surging production that has left a surplus of the grain in the Latin American farming giant local media said on Wednesday. According to Reuters, an official agreement will be signed with Brazilian officials in coming hours, local papers Valor Economico and
Ships are lined up in Argentine ports to export 1.4 million tons of soybeans, mostly to China and none to the United States despite rumors of U.S.-bound shipments that have hurt benchmark Chicago prices, market sources told Reuters. U.S. soybean futures tumbled on May 1 on widespread talk South American soy may be imported into