Asia

USMEF: Don’t lose faith in Korea-U.S. FTA

With exports of both U.S. beef and pork to South Korea being lower than in 2011, some observers may question whether the Korea-U.S. Free Trade Agreement – which took effect in March – is living up to its promises. FULL STORY »

China to stockpile domestic corn, soy for state reserves

The Chinese government will start stockpiling soy and corn from local farmers at higher prices than a year ago, an industry source said on Tuesday, a move set to stabilize domestic prices and support soy imports. FULL STORY »

September beef exports fall, pork remains steady

U.S. pork exports in September were steady with last year’s volume, while beef exports were well below a year ago. Despite sluggish volumes, however, the value of both pork and beef exports through the third quarter of 2012 remains ahead of last year’s record-setting pace. FULL STORY »

USMEF looks for steady exports in 2013

While global economic uncertainty can change predictions at any moment, the U.S. Meat Export Federation (USMEF) looks for 2013 to be fairly steady in terms of pork and beef exports. The export trade group wrapped up its strategic planning meeting in Indianapolis. FULL STORY »

China’s nitrogen use is increasing warming

A new study says China could halve its current nitrogen fertilizer use without affecting yields and would decrease greenhouse gas emissions. FULL STORY »

JSR expands franchise into China

JSR has strengthened its swine genetics position in China by signing a franchise deal with Tianjin Bo Hui Rui Kang Livestock Breeding Ltd based in the Jinnan district of Tianjin in Northern China. It will establish a nucleus herd in the Tianjin region following the delivery of the first animals planned for May 2013. FULL STORY »

U.S. corn dominance may be waning due to drought

Asian countries may no longer look toward the United States for its corn needs after a severe drought this past summer shriveled crops and sent corn prices soaring. FULL STORY »

China inks 10-year potash supply deal with U.S. miner

A state-owned Chinese fertilizer company has signed a 10-year potash supply agreement with Prospect Global Resources Inc, guaranteeing China a steady flow of the crucial fertilizer and helping it partially sidestep multinational suppliers. FULL STORY »

USGC, USMEF partner for first U.S.-China hog summit

In an ongoing effort to facilitate the increasing modernization of China's hog industry, the U.S. Grains Council (USGC) partnered with the U.S. Meat Export Federation (USMEF), the U.S. Embassy in China and others to host the first ever U.S.-China Hog Summit. FULL STORY »

China’s pork production will change the world market

Pork is China’s No. 1 consumed meat, and like the country’s population, the hunger for it is growing. If current trends in China's pork production and industrialization continue, corn imports could reach 20 million tons annually within just five short years, according to a Rabobank report. FULL STORY »

International markets vital to U.S. pork industry

With livestock producers facing economic and financial challenges, the importance of maintaining and growing U.S. pork exports cannot be overstated. Ongoing efforts by the U.S. Meat Export Federation (USMEF) are key to bolstering international demand. FULL STORY »

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