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On August 23, 2019, the People’s Republic of China’s Ministry of Finance (MOF), State Council Tariff Commission (SCTC) announced new tariffs on certain U.S. products, valued at $75 billion USD.
Total production of grain and other crops on a grain equivalent basis is estimated at 5.75 million metric tons (5 MMT, milled basis for rice and grain equivalent for soybeans) in marketing year....
High prices for Japanese table rice led to Japan’s full utilization of the simultaneous buy and sell quota (100,000 MT), and are expected to lead to continued opportunities in the coming year.
China: China Announces Standards for Vegetable Protein for Food Industry as WTO SPS Notification 1010
China notified the WTO of the National Food Safety Standard of Vegetable Protein for Food Industry (an update of the GB/T 20371), issued by the National Health and Family Planning Commission...