WH Group’s Smithfield Foods Rejects Bailout Assistance from the USDA’s Food Purchase and Distribution Program

The US Department of Agriculture (USDA) terminated a purchase contract worth $240,000 with Chinese-owned Smithfield Foods that had been awarded under the Trump administration’s agricultural trade bailout program, a move taken at the company’s request, a department spokesman said on Friday [16 November 2018]…Full Article: The Global Times Nov 2018 Key Point In October 2018,

GM Crops a Topic of Interest for Chinese Delegation Visiting Iowan Farm

The United States’ best-known farm in China, Kimberley Farms in Iowa, received a group of leading think tank researchers from Beijing for the first time on Sunday [11 June 2017], after becoming an attraction for Chinese visitors since President Xi Jinping’s visit five years ago. Nearly 20 members of top Chinese think tanks, including the

China Signs Agreements to Purchase More Than 13 million MTs of American Soybeans

Members of a trade delegation from China, the world’s top soybean importer, signed agreements to buy a record 13.18 million metric tons of the oilseed worth around $5.3 billion from United States shippers after annual negotiations. US industry representatives and members from the Chinese delegation announced the agreements on a conference call after talks in

Hebei and Iowan Agricultural Companies Hold Trade Fair to Strengthen Economic Relationship

Hebei province and the US state of Iowa have been friends for 30 years, but 2013 could be a breakthrough year in their business relationship. “We have a number of exchanges, including in education and culture,” Iowa Governor Terry Branstad said on Thursday. “In the area of Chinese business, we’re really just getting started.” About