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- (-) August 2019
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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.
Dry conditions prevailing since last fall and throughout the entire crop cycle reduced Spanish fodder production for MY2019/20, despite a larger registered area.
ATO Shenyang attended the opening ceremony of the Liaoning Furniture Association’s (LFA) 10th Shenyang International Furniture Expo (SIFE) on August 9, 2019.
Argentina’s raisin production is forecast stable at 44,000 metric tons (MT) in CY 2020.
Chicken meat production will increase approximately 14 percent, totaling 15.8 million metric tons (MMT) in 2020.
Argentina’s fuel ethanol production and consumption remains stable with 2019 forecast at 1.1 billion liters with no trade expected and the E12 mandate blend near 11.5 percent.
China’s race to improve air quality is emerging as the major driver for expanded fuel ethanol production and use.
For marketing year (MY) 2019/20, Post wheat production is forecast higher than USDA at a record 20.8 million tons on larger planted area than USDA lifting exports to a record 14.3 million tons.
Argentina’s fuel ethanol production and consumption remains stable with 2019 forecast at 1.1 billion liters with no trade expected and the E12 mandate blend near 11.5 percent.
China’s race to improve air quality is emerging as the major driver for expanded fuel ethanol production and use.
Based on trends in the swine sector, the MY2019/20 soybean import forecast for China is reduced to 80 million metric tons (MMT).