Chinese Cotton Stockpiles Reach 58 Million Bales (~13.1 million MTs), Over Half of the World’s Stock

As the US Department of Agriculture (USDA) sees it, the greatest uncertainty for US commodities trade with China lies in the cotton fields. “Right now, China holds a very large proportion of cotton stocks,” chairperson of commodity forecasts for the USDA’s World Agricultural Outlook Board Gerald Bange told China Daily. “One thing we’re looking at

Share Prices in Chinese Agricultural Companies Rise after Ministry of Agriculture Announces Increases in Direct Farm Subsidies

Agricultural companies saw a rise in share prices Thursday after China launched measures to boost grain production and livestock husbandry by increasing subsidies for farmers, land contractors and farmers’ cooperatives. Shares in Jiangsu-based pesticide producer Nantong Jiangshan Agrochemical & Chemicals rose by 5.6% Thursday from the previous trading day. Veterinary drugs and feedstuff additive producer