September 27, 2016

Cautious Optimism on Beef Trade with China

cattle-conventionNew regulations announced on Thursday mean that some American beef is welcome back in China.  The devil is going to be in the details when it comes to when and how this market will open. USDA officials who are working with China’s inspection authorities to approve certificates and protocols to export beef to the country.

We spoke with North Dakota Stockmen’s Association President Steve Brooks about the topic – on the sidelines of the NDSA’s 87th annual convention and trade show in Minot.

Steve Brooks on China

Thirteen years ago, China banned U.S. beef imports. The move followed confirmation of a case of (BSE) in a dairy cow in Washington State.

By far, the largest seller of beef to China is Australia, with about 40% of the market. That country has seen herd numbers plummet to a 20-year low recently, due to increased demand and drought.

 

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Mexican Trade Delegation To Tour North Dakota Soybean Production

image002The North Dakota Soybean Council will be hosting a Mexican Trade Team on Friday, September 23, 2016.  The guests will tour Alton Grain Terminal, Colfax Elevator, and area soybean farms.  North Dakota Soybean Council staff will be accompanying the group to answer questions from the guests and promote soybeans grown in the state.

The purpose of the visit is to build relationships between North Dakota soybean producers and international customers, and to educate them on the quality of North Dakota soybeans and purchasing opportunities for livestock feed.  The members of the trade team represent the animal feed industry in Mexico.

 

SCHEDULE – Friday, Sept. 23rd:

9:00 a.m.        Depart for Alton Grain Terminal – Hillsboro

10:30 a.m.      Lovas Family Farm – Hillsboro

Joel Thorsrud Farm – Hillsboro

 

1:00 p.m.        Depart for Ryan Richard Family Farm – Fargo

2:00 p.m.        Depart for Colfax Elevator

 

 

For questions regarding the delegation’s schedule and exact locations on Friday, September 23rd, please contact ND Soybean Council Marketing Director Stephanie Sinner on her cell phone at (701) 373-5226 or by email at ssinner@ndsoybean.org.

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Bayer and Monsanto Could Be the Biggest Deal This Year

At this week’s Senate hearing on mergers within the seed and chemical industries, Senator Chuck Grassley said the “consolidation wave may have become a tsunami.”

Executives from DuPont, Dow Chemical, Syngenta, Monsanto and Bayer were among witnesses at the hearing.

At the ABIC 2016 conference at the FargoDome, we visited with David Hollinrake, Vice President of Marketing & Portfolio Management, Bayer CropScience LP.

David Hollinrake and Rusty Halvorson

 

Learn more Here

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