Blog Post

China, Beef, and Corn | Beef Magazine

China purchased a record $35.9 billion in ag products from the U.S. in 2021. While activity fell short of the Phase 1 trade agreement thresholds – if that’s even a thing anymore – it was a roughly $7 billion, or 25%, increase from 2020 activity and the previous record of $29.0 billion (2013). This week’s article […]

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Farm Progress America, June 6, 2022

Max Armstrong looks at how vegetable oil markets are being impacted by the Ukraine situation. Ukraine and Russia account for nearly 80% of the sunflower oil for the world, and concerns about soybean production in the U.S. may crimp soybean oil supplies. Max offers market insight on the market from Dale Durchholz including a look […]

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China continues to add beef to dinner plate

Amid all the recent market drivers affecting beef and cattle markets — the pandemic, drought, inflation and high feed costs — it is instructive from time to time to step back and look at longer-term global trends in meat consumption. Using the supply and demand database from the USDA Foreign Agricultural Service, I considered the […]

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