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    Home > Active Ingredient News > Feed Industry News > New progress in Sino-US trade negotiations has arrived! China and the United States are expected to move in the same way as Chinese companies conduct new U.S. agricultural purchases.

    New progress in Sino-US trade negotiations has arrived! China and the United States are expected to move in the same way as Chinese companies conduct new U.S. agricultural purchases.

    • Last Update: 2020-08-01
    • Source: Internet
    • Author: User
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    ;
    . Yesterday evening, a relatively brief news was broadcast by CCTV and Xinhua News Agency and other authoritative media. Although the text is small, but rich in content, especially for the vast number of agricultural products spot market investors, can be said to be a major news. If many things happen in the future go well, then the supply and demand relationship of some domestic agricultural products market will certainly change, the market price and so on will have a big change.. B3einformation about Chinese enterprises conducting new U.S. agricultural procurementB3e
    xinhua news agency and other authoritative media, and about Chinese companies sourcing new U.S. agricultural products. Reporters learned from relevant parties that China and the United States are implementing the important consensus reached during the Osaka Summit between the two heads of state. Recently, the U.S. side announced tariff exemptions for 110 Chinese industrial goods to the U.S., and expressed a willingness to push U.S. companies to continue supplying Chinese companies. Relevant parties said that the relevant Chinese enterprises in accordance with the needs of the domestic market, to the United States exporters on the procurement of agricultural products inquiry, and in accordance with the Relevant provisions of the State Council Tariff Committee, to exclude the proposed procurement of this part of imported agricultural products from the United States to impose tariffs. The Committee on Tariffs and Tariffs of the State Council will organize experts to evaluate the exclusion applications made by enterprises. It is understood that in order to meet the needs of Chinese consumers, the Chinese enterprises concerned intend to continue to import from the United States part of the agricultural products in line with the needs of the domestic market. The relevant Chinese departments expressed the hope that the United States side and China will follow the same level and implement the relevant commitments.. B3einformation is many and complicated, to be good at grasping some details B3e
    just past the weekend, the information about The Sino-US economic and trade negotiations is many and complicated, coupled with the attitude of the U.S. President as the summer weather is as volatile and unpredictable, therefore, the vast agricultural market spot investors should be good at analyzing the truth of information, to be good at a small analysis of things from a small point of events.. B3e
    first of all, the Us president has been thinking of the $325 billion goods tariff issue is worth our attention, but we should not pay too much attention at the moment, after all, this matter is a little far from us.. B3e
    followed by a call between the leaders of the two sides in the China-U.S. High-level Economic and Trade Consultations, which is a continuation of the important consensus reached during the osaka summit between the two heads of state. It is understood that on the evening of July 18, Liu He, a member of the Political Bureau of the CPC Central Committee, Vice Premier of the State Council and leader of the China-Us Comprehensive Economic Dialogue, spoke with U.S. Trade Representative Lethizer and Treasury Secretary Mnuchin on the evening of July 18 to exchange views on the implementation of the consensus of the Osaka meeting of the two heads of state and the next steps of consultations. Minister of Commerce Zhong Shan and other participants in the call.. B3e
    finally, although the recent market has been news of China's cancellation of imports of U.S. soybeans and pork, but there is also the news that China is increasing imports of U.S. sorghum, and the news market is not very serious. Because sorghum has a strong substitution effect on domestic corn, and at the same time has an alternative role in soybean meal, the refore, the majority of investors should do an in-depth analysis of this.. B3e
    market sources said that last week China bought 50,000 tons of U.S. sorghum and cancelled nearly 10,000 tons of U.S. soybean imports. China, the world's largest importer of sorghum, recently bought 51,072 tons of U.S. sorghum, the biggest deal since April, Reuters reported, citing data released by the U.S. Department of Agriculture on July 18. Data also showed that China recently cancelled 9,853 tons of U.S. soybean imports, the first week since April. It is worth noting that the United States exported about 40 tons of rice to China for the first time in early July, the first deal in two years for China to "green the green light" for U.S. rice.. B3e
    recalls the past may give us a better grasp of the futureB3e
    February 4, 2018, China's corn market ushered in a major positive , the Ministry of Commerce launched a "double counter-investigation" of the U.S. sorghum. On the same day, the Ministry of Commerce issued The 12th and 13th Bulletins of 2018, which decided to conduct anti-dumping and countervailing investigations into imports of sorghum originating in the United States.. B3e
    According to the Futures Daily, the investigation should normally be completed by February 4, 2019, in exceptional circumstances can be extended to August 4, 2019. According to the reporter in recent years in Hunan, Hubei, Jiangsu, Guangdong, Henan and other places feed enterprises, aquaculture farms and some alcohol processing enterprises investigation, the Ministry of Commerce decided to import sorghum originating in the United States anti-dumping and countervailing investigation is completely necessary, this aspect will be the domestic cultivation of sorghum farmers to play a protective role, on the other hand, will be conducive to corn market destocking, for the long-term downturn in domestic corn prices, this is a major positive.. B3e
    from reporters in-depth aquatic feed plants and fish farmers, pig farmers and other understanding of the situation, in recent years, domestic aquaculture, pig farming, poultry farming and other stable development, domestic demand for soybean meal, corn, sorghum, barley and other feed raw materials is very strong, but because the domestic corn, sorghum and other production is mainly a household to complete, which makes domestic corn, sorghum and other high costs. Especially since 2016, although the price of domestic corn has fallen sharply, but the import cost of corn, sorghum, barley and so on is still low, compared with domestic corn, sorghum and other prices, there is a greater competitive advantage, and the domestic related industries have formed a strong impact, is not conducive to the adjustment of China's agricultural planting structure.. According to data released by the
    , China imported only a few tens of thousands of tons of sorghum per year until 2013. After the implementation of the corn pro-storage policy, the purchase price of corn to the city continued to increase, feed enterprises in order to reduce costs to replace corn with sorghum. Imports of sorghum in China have risen sharply since 2014, reaching 10.7 million tons in 2015, and the cumulative amount of sorghum imported in 2016 and 2017 is more than 11 million tons, mostly from the United States.. B3e
    told reporters that imports of corn, sorghum, barley, DDGS, especially the number of imported sorghum and barley, since 2013 has been high, some years also increased significantly, some years of imported corn, sorghum, barley, DDGS total can reach tens of millions of tons. Due to the low prices of these imported agricultural products, in recent years soon crowded the domestic corn, sorghum and other agricultural products in the south of the traditional sales market, in the domestic feed industry, alcohol production industry, imported raw materials everywhere, some imported corn, sorghum and barley even through the Yangtze River, along the canal deep into the mainland, such as imported sorghum along the Hebei River, but also through the shahe inland river to Henan, Shaanxi and other inland areas, the formation of a serious impact on the domestic corn, sorghum market.. B3e
    China imports sorghum from the U.S. second only to soybeans, the Ministry of Commerce to the U.S. sorghum temporary anti-dumping measures once let soybean meal per ton instantly soared 90 yuan. Since 2014, China has become the world's largest importer of sorghum, accounting for more than 70% of the world's imports and imports, with most of its imports being fed sorghum and flowing to feed companies. In the same year, the United States overtook Australia as China's largest source of sorghum imports. China is also the largest exporter of American sorghum. Sorghum is the second largest agricultural product in Sino-US trade except soybeans.. B3e
    on the afternoon of April 17, 2018, the Ministry of Commerce issued Notice No. 38 of 2018, announcing the preliminary findings of the anti-dumping investigation into imported sorghum originating in the United States. The Ministry of Commerce ruled that there was dumping of imported sorghum originating in the United States, that the domestic sorghum industry had suffered substantial damage, and that there was a causal relationship between dumping and material damage, and decided to impose temporary anti-dumping measures on imported sorghum originating in the United States. According to the ruling, as of April 18, 2018, when importing sorghum originating in the United States, the importer shall provide the corresponding margin to the Customs of the People's Republic of China in accordance with the margin ratio (178.6%) of the companies determined by the ruling. The product is under the Import and Export Tax Rules of the People's Republic of China 10079000. After the initial decision, the Ministry of Commerce will continue to investigate the case and make a final decision. The Ministry of Commerce will safeguard the due process rights of all stakeholders in accordance with relevant laws, regulations and WTO rules in China. After the announcement, Dalian soybean meal pricerose by 90 yuan / ton, vegetable meal and vegetable oil and other rose 60-80 yuan / ton, market sentiment soon from the general bearish to bullish.. B3e new U.S. agricultural procurement by Chinese enterprises will have far-reaching effects B3e
    although we still don't know what new U.S. agricultural products chinese companies are buying, but not least soybeans, corn, sorghum, corn wine, pork, etc., if we combine some areas and policies that we just announced last week, then we have reason to think that The new U.S. agricultural purchases by Chinese companies will have a profound impact, mainly because China is showing great goodwill. . B3e ;
    . Yesterday evening, a relatively brief news was broadcast by CCTV and Xinhua News Agency and other authoritative media. Although the text is small, but rich in content, especially for the vast number of agricultural products spot market investors, can be said to be a major news. If many things happen in the future go well, then the supply and demand relationship of some domestic agricultural products market will certainly change, the market price and so on will have a big change. . B3e information about Chinese enterprises conducting new U.S. agricultural procurement B3e
    xinhua news agency and other authoritative media, and about Chinese companies sourcing new U.S. agricultural products. Reporters learned from relevant parties that China and the United States are implementing the important consensus reached during the Osaka Summit between the two heads of state. Recently, the U.S. side announced tariff exemptions for 110 Chinese industrial goods to the U.S., and expressed a willingness to push U.S. companies to continue supplying Chinese companies. Relevant parties said that the relevant Chinese enterprises in accordance with the needs of the domestic market, to the United States exporters on the procurement of agricultural products inquiry, and in accordance with the Relevant provisions of the State Council Tariff Committee, to exclude the proposed procurement of this part of imported agricultural products from the United States to impose tariffs. The Committee on Tariffs and Tariffs of the State Council will organize experts to evaluate the exclusion applications made by enterprises. It is understood that in order to meet the needs of Chinese consumers, the Chinese enterprises concerned intend to continue to import from the United States part of the agricultural products in line with the needs of the domestic market. The relevant Chinese departments expressed the hope that the United States side and China will follow the same level and implement the relevant commitments. . B3e information is many and complicated, to be good at grasping some details B3e
    just past the weekend, the information about The Sino-US economic and trade negotiations is many and complicated, coupled with the attitude of the U.S. President as the summer weather is as volatile and unpredictable, therefore, the vast agricultural market spot investors should be good at analyzing the truth of information, to be good at a small analysis of things from a small point of events. . B3e
    first of all, the Us president has been thinking of the $325 billion goods tariff issue is worth our attention, but we should not pay too much attention at the moment, after all, this matter is a little far from us. . B3e
    followed by a call between the leaders of the two sides in the China-U.S. High-level Economic and Trade Consultations, which is a continuation of the important consensus reached during the osaka summit between the two heads of state. It is understood that on the evening of July 18, Liu He, a member of the Political Bureau of the CPC Central Committee, Vice Premier of the State Council and leader of the China-Us Comprehensive Economic Dialogue, spoke with U.S. Trade Representative Lethizer and Treasury Secretary Mnuchin on the evening of July 18 to exchange views on the implementation of the consensus of the Osaka meeting of the two heads of state and the next steps of consultations. Minister of Commerce Zhong Shan and other participants in the call. . B3e
    finally, although the recent market has been news of China's cancellation of imports of U.S. soybeans and pork, but there is also the news that China is increasing imports of U.S. sorghum, and the news market is not very serious. Because sorghum has a strong substitution effect on domestic corn, and at the same time has an alternative role in soybean meal, the refore, the majority of investors should do an in-depth analysis of this. . B3e
    market sources said that last week China bought 50,000 tons of U.S. sorghum and cancelled nearly 10,000 tons of U.S. soybean imports. China, the world's largest importer of sorghum, recently bought 51,072 tons of U.S. sorghum, the biggest deal since April, Reuters reported, citing data released by the U.S. Department of Agriculture on July 18. Data also showed that China recently cancelled 9,853 tons of U.S. soybean imports, the first week since April. It is worth noting that the United States exported about 40 tons of rice to China for the first time in early July, the first deal in two years for China to "green the green light" for U.S. rice.
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