International Trade: Page 45

Poultry

US chicken producers applaud sunset of ethanol subsidy, but wary of final GIPSA

The sunset of the Volumetric Ethanol Excise Tax Credit and import tariff and the publishing of USDA’s long awaited Grain Inspection Packers and Stockyards Administration final livestock marketing rule are significant developments that will have major impacts on the U.S. broiler industry.

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International Trade

China may increase corn and wheat imports, report predicts

The China National Grain and Oils Information Centre published its latest report, which expects China will increase its corn and wheat imports. According to the report, in the year ending September 30, corn imports reached an estimated 4 million tons, up 3.02 million tons from last year, and wheat imports increased by 700,000 tons to 1.5 million tons in the year ending May 31.

International Trade

UK corn imports predicted to drop in 2011-2012

U.K. corn imports are forecast to drop 11% in the 2011-2012 season, to 904,000 metric tons from 1.02 million metric tons, as farmers use less corn for animal feed and more locally grown wheat, according to the Home-Grown Cereals Authority. Feed use of wheat will rise 4.9% to 6.45 million metric tons, according to HGCA data.

International Trade

Parliament group urges EU to enforce tougher feed import rules

Political group the Greens in the European Parliament are urging the European Commission to enforce tougher import rules on feed crops, saying that European markets are being undermined and domestic production has dropped because farmers can't compete with cheap imports. Specifically, the group has asked the Commission to look at its trade ties with Latin America and the Mercosur trade bloc, which grow a large part of the protein plants use in European animal feed.

International Trade

Philippine feed millers request duty-free corn imports

The Philippine Association of Feed Millers Inc. is requesting a duty-free import of 100,000 metric tons of yellow corn for the first quarter of 2012 as a result of increased corn prices due to typhoons Pedring and Quiel, according to reports. The planned import is only 13% of the total requirement estimated for the first quarter, and will not adversely affect the demand or price of local corn, said PAFMI President Norman C. Ramos.

International Trade

USDA seeks new trade advisory committee members

The U.S. Department of Agriculture is seeking new members for its trade advisory committees. Members of these committees provide advice to the Secretary of Agriculture and the U.S. Trade Representative based on their experience in international trade.

International Trade

China unlikely to import US corn

For many, it seems only a matter of time before a global battle for limited corn supplies begins. However, despite these reports, not everyone is in agreement as to what will ultimately happen in regard to China, corn exports and corn prices in 2011.

Feed Additives

Thailand lifts animal feed raw material import quotas

The Thailand government will lift import quotas for animal feed raw materials for up to three years in an effort to help manufacturers make longer-term business plans, according to reports. In addition, soybean meal and fishmeal import quotas, which have always been reviewed every year, will now be reviewed every three years.

International Trade

American Soybean Association praises passage of US trade agreements

The American Soybean Association has praised Congressional passage of the U.S. Free Trade Agreements with South Korea, Colombia and Panama, which will benefit soybean farmers and rural economies through increased exports of U.S. soy and soy-fed meat and poultry, according to the association. The Korea FTA offers immediate duty-free access to U.S. soybeans for crushing and to U.S. soybean meal.

International Trade

Taiwan to purchase corn, soybean crops from US over next two years

Members of the Taiwan Agricultural Trade Goodwill Mission have agreed to purchase between $4.1 billion and $5.12 billion worth of crops from six U.S. states over the next two years. The deal calls for Taiwan to buy locally grown corn and soybeans from Wisconsin, Illinois, Indiana, Iowa, Ohio and Virginia, in an effort to strengthen import and export relations between Taiwan and the United States.

International Trade

Algeria to increase corn, soybean imports

Algeria's animal feed agency, ONAB, will import 100,000 metric tons of corn and 50,000 metric tons of soybeans before the end of October, according to the agency's import arm. By the end of 2011, the numbers will reach 600,000 metric tons of corn and soybeans, compared with 200,000 metric tons in 2010, said Mustapha Zamoum, chief executive officer of ONAB's trading division.

International Trade

EU soymeal imports rise as rapemeal supplies drop

European Union imports of soymeal are expected to rise 10% to 24.4 million metric tons by the end of the marketing year (September 30) as grain prices continue to rise and rapemeal supplies decline, reaching second-highest levels ever, according to reports. Argentina’s soymeal exports to the EU will rise 13% to 13.3 million metric tons and Brazilian shipments are expected to rise 17% to 10.3 million metric tons.

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