2009
08.03

China’s decide to buy 1.8 million tonnes of new-crop U.S. soybeans.It shows that the world’s top soy buyer will be active in the market for the next year and the stocks situation could remain tight for the foreseeable future.

Some market watchers have been concerned that the China might curtail its buying on the export market until clearing the reserves it has built up during the past year.

Private exporters reported the sale of 1.9 million tonnes of U.S. soybeans to China, with 1.8 million tonnes for delivery during the 2009/10 marketing year, and 120,000 tonnes for delivery during 2008/09, the U.S. Agriculture Department said on Thursday.

In June of 2008, the USDA reported sales to China of 2.24 million tonnes for the new crop year. China booked 2.092 million tonnes of U.S. soybeans for the new crop year in May of 2007 and 1.752 million tonnes for the new crop year in April 2006.

China’s buying will support soybean prices because it shows demand will be out there even if questions remain about the availability of new-crop supplies.

Tight stocks of soybeans have supported futures prices throughout 2009, even as prices for other agricultural commodities have faltered. The nearby CBOT soybean contract was up more than 15 percent for the year.

U.S. farmers were heavy sellers of soybeans in 2008 as record prices caused them to unload larger-than-usual amounts of newly harvested supplies, leaving them with little left in their storage bins during the past few months.

2009
07.31

China’s second round of state corn reserve auctions recorded modest increases in sales in early trade on Tuesday, as traders lamented unattractive prices amid ample spot supply.

Jilin province sold 355,800 tonnes of corn for the second round of state auctions on Tuesday, more than double that of last week, the official National Grain&Oil Trade Centre (NGOTC) said.

Heilongjiang province received bids of 23.69 percent, or 71,100 tonnes, a rise of 17,900 tonnes from the first bidding a week earlier.

Analysts said they expected still tepid buying interest for the second round of corn auctions, citing cheaper spot prices and abundant supplies.

Source: Reuters

2009
07.29

After the Chinese Dairy event happend, the whole industry of Chinese dairy had been hit heavily. People rejected all the food that contain dairy that time.The negative growth came to the end in the industry as a whole, finally achieving positive growth.

 However, the situation is turning around in the second half of 2009 with higher milk prices and less excess dairy products.The latest statistics show that from January to April this year, the large-scale dairy enterprises of China produced 5,864,300 tons of dairy products, an increase of 2.67 percent.

The State Council released a new plan for China’s ailing milk industry on November 19. lastt year. Although the guidelines include provisions for financial support from the government, it also contains a fair measure of candid criticism.The Chinese government is encouraging dairy farmers to expand their businesses with subsidies. The Chinese dairy industry is expected to see a real turning point in September.After the melamine scandal, the Chinese government has taken a series of measures to regulate and standardize Chinese dairy industry to ensure that the dairy source quality is safe for processing, and that manufacturing is stringently checked for quality.

With efforts of the government and all  the people who are in dairy industry,We belive the chinese dairy must turn around.

2009
07.27

China’s aquatic industry has maintained a rapid growth in the recent years. The export volume of aquatic hit $10.6 billion last year, which represented 26.2% of the country’s total farm produce exports.

The total import and export volume rose 4.9 percent to 6.85 million tonnes, worth 16.02 billion U.S. dollars, up 10.7 percent from a year earlier.

Influenced by the United States import ban on four Chinese aquatic products in 2007, fearing it contained carcinogen and other harmful substances, and “dumpling poisoning” case in Japan in early 2008, China’s aquatic products export faced difficulties for some time.

According to The Ministry of Agriculture, by the end of 2010, the output of aquatic product will reach 60 million tons with an average annual growth rate of 3.3%; the output Value of fishery industry will reach CNY 570 billion with an average annual growth rate of 6.4%.

2009
07.27

Last week, China announced it will sell 500,000 tonnes of soybeans, 1.2 million tonnes of corn and 750,000 tonnes of wheat.

China is one of the world’s biggest consumers of soybeans for its huge pig and livestock industry. It has become a heavy buyer of U.S. soybeans after the crop in Argentina, the No. 3 world producer, was battered by drought. Sales of old crop US soybeans to China have supported prices in the US in the face of falling crude oil futures which have been a big driver of late, and it has reduced carryover stocks to 110 million bushels, the lowest in over three decades. China has also been a big consumer of last season’s canola, doubling the average amount that they normally take from Canada.

2009
07.23
garlic

garlic

Garlic as a kind of spice is widely used in daily food.And the garlic is good for our health in some aspects.Garlic is a powerhouse super food that can wipe out unwanted visitors in the body and prevent disease.It is generally regarded as more beneficial when it is fresh out of the bulb.

Research shows that the antioxidant allicin is anti cancerous. When the garlic is eaten, a chemical reaction occurs which can kill tumors. Research at the University of North Carolina at Chapel Hill analyzed 18 studies looking at garlic eaters and revealed that high people who ate a high amount of raw or cooked garlic had a decreased risk of colorectal cancer of 10% to nearly 50%.

Garlic contains allicin, which increases blood levels of two powerful antioxidant enzymes.Garlic prevents free radical damage to protect against aging and disease. It fights against the oxidative damage from the environment and cigarette smoke.

A recent study found that the daily intake of garlic reduced the risk of volunteers catching a cold by half. The researchers also discovered that even when those who did catch the cold got over it quicker than the subjects who did not take garlic.

China is the world’s top producer at 66% of world production of garlic. It is an annual crop that is planted in the fall and is harvested next May/June.Chinese garlic has a shelf life up to nine months, hot taste and good price. Just about facts, garlic is a living organism, it cannot easily be shipped around the world; temperatures, humidity and airflow affects its storage life.

2009
07.22
Bangkok: Global rice trade is likely to be thin in the second half of the year and prices could weaken since buyers expect supply to outpace demand as India resumes exports, a senior rice analyst said.
Samarendu Mohanty, head of the social sciences division at the Manila-based International Rice Research Institute (IRRI), said demand in 2009 as a whole would be much the same as last year but some big deals had already gone through.
He said some buyers had held back orders as the market realised there would be ample supply from India after it resumed exports following a hiatus of almost two years.
India banned rice export in late 2007 but has in recent months allowed the sale of non-basmati rice through specific traders.
Another factor would be how the Thai government decided to release rice from its stockpiles, Mohanty said, speaking ahead of a big rice convention in Thailand.
“Looking at the demand side, I think Africa is the only active buyer in the second half of this year,” he said.
That echoed the view of traders. They believe demand from African countries in the second half of this year should remain strong and expect them to buy 100,000-200,000 tonnes of Thai rice a month, mostly parboiled rice.
Around 300,000 tonnes of Thai parboiled rice was sold to African buyers in June after an estimated 250,000 tonnes in May , traders said.
Demand for parboiled rice has helped support prices in general in Thailand, the world’s biggest exporter, as parboiled rice is made from the benchmark grade of white rice paddy.
The benchmark 100% B grade white rice has been steady at $580 per tonne for the past month, even though demand for white rice, which accounts for around 50% of annual Thai rice exports, has been thin.
Mohanty forecast that export prices could drop slightly in late 2009, especially if Thailand released its stocks.
Its stockpile has risen to a record high of 6 million tonnes of milled rice, which senior officials said needed to be released soon in a bid to cut storage costs.
Mohanty forecast benchmark white rice could eventually move in a range of $525-$550 per tonne, while the broken grade 5% white rice should be in a range of $470-$500.
“I don’t think prices will go up to the $1,000 per tonne they were at last year. We’re not in that situation,” he said.
2009
07.21

BEIJING, July 16 – China’s summer grain output, which includes mainly winter wheat, rose 2.2 percent to 123.35 million tonnes, the National Bureau of Statistics said on Thursday.

The rise was the result of increased acreage for wheat and rapeseed, said the bureau.

Pork output in the first half of the year grew 8.1 percent to 23.63 million tonnes, said the bureau. Beijing’s subsidy programme for breeding sows have encouraged farmers to increase the numbers of the livestock.

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