China’s Agriculture and Finance Ministries issued a joint notice on Friday urging farmers to maximize China’s spring plowing season of wheat and soybeans from early April in an effort to alleviate an expected global food supply shortage caused by Russia’s latest war with Ukraine, China’s state-run Global Times reported.
China came up about $6 billion short of the $40 billion in U.S. agricultural products it agreed to purchase in the two-year trade deal it signed in January 2020 – but suddenly began making up a bit of that deficit after the Russian invasion of Ukraine, as Chinese buyers scrambled to cover potential shortfalls of Ukrainian corn.
Brazil’s Vale, an ore mining company with expansive business interests in China, will collaborate with China’s Ningbo Zhoushan Port operators on a $624-million project to expand export capacity into the communist country, the South China Morning Post confirmed on Tuesday.
Swedish journalist Jenny Wennberg has declared that so-called “soy boys”, who are often effeminate, feminist, and “antithetical” to traditional patriarchal men, are the future and have a role to play in Swedish society.
American farmers are backing President Trump in the United States’ trade war with China, calling the president’s billions in federal aid to farmers “a godsend.”
An editorial in China’s state-run China Daily on Wednesday dismissed the G7’s offer of $20 million in firefighting aid to Brazil as “chump change” given the scale of the Amazon crisis and inadvertently revealed one of the reasons China is interested in the outcome: Brazil is a major source of soybeans, a crop central to the trade war between the United States and China.
Russia’s leading meat producer on Thursday said it is ready to fill the “food gap” in China created by retaliatory tariffs against American products and a devastating outbreak of swine flu.
China’s state controlled orders of U.S. soybeans have been halted, according to a report from Bloomberg.
Vice President Mike Pence reassured Minnesota farmers this week that the Trump administration is working “literally hour by hour to reach an agreement with China.”
Chinese officials agreed to increase purchases of U.S. soybeans by ten million metric tons on Friday during a meeting with President Donald Trump.
China’s Vice Premier pledged to President Donald Trump in the Oval Office Thursday that China will purchase five million tons of soybeans a day from the U.S.
American farmers have been hit by China’s retaliatory tariffs on U.S. soybeans. Nonetheless, farmers are sticking by the president and his Make American Great Again agenda.
Democrat Sen. Heidi Heitkamp was caught in a lie over soybeans, tariffs, and her Republican opponent Kevin Cramer when the North Dakota farm she exploited debunked her claims.
China plans to grow genetically modified soybeans in Argentina, hoping the crop will provide a “hand-up for China in the face of the ongoing trade war with the US.”
“They are not going to win, just so you understand, we have all the cards, we’re going to win,” he promised during a roundtable discussion with Iowa business and political leaders.
President Trump and EU Commissioner Jean-Claude Juncker announced an agreement to work toward and operate in the spirit of a “zero tariffs, zero non-tariff barriers, zero subsidies on non-auto industrial goods” trade deal.
FDA Commissioner Scott Gottlieb said that the Trump administration is preparing to crack down on soy and almond products calling themselves “milk.”
President Donald Trump had American farmers on his mind at the NATO summit on Wednesday, calling out other countries for trade barriers and tariffs “destroying their businesses.”
China would like to turn America’s heartland against President Trump and has aimed its tariffs to maximize damage to American farmers and Midwestern industrial workers.
President Donald Trump acknowledged that his stand-off with China on trade was hurting American farmers, but promised that conditions would change eventually.
