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In 1982, China imported 30,000 tonnes of soybeans. Last year, it imported 95.5 million tonnes, including 32.9 million from the United States, according to Chinese customs data. U.S. soybean plantings shot up from nearly 71 million acres in 1982 to nearly 90 million this year, worth a total of $41 billion. Now, China is urgently looking elsewhere for imports. Chinese crushers bought all the South American beans they could over the past few months, building record stocks of beans and meal. In July, the National Development & Reform Commission (NDRC) - the state economic planner - discussed ways to switch up pigs’ diets with major feedmakers and pig farmers, New Hope Group [NWHOP.UL], Dabeinong, CP Group and Hefeng Group.

On September 4, an executive of top bean processor Jiusan predicted that China will only need to buy 700,000 tonnes baltimore ravens shield 3-piece cushion gift set cufflinks of soybeans from the United States in the marketing season that starts this month, a tiny fraction of what it bought last year, With no sign of a resolution to the trade war, Bob Metz, a South Dakota corn and soybean farmer, is making plans to reduce the number of acres he devotes to soybeans next spring, He’s alerted his seed dealer that he may need more corn seed and less soy..

“It makes me very nervous,” he said, because China has been such a dominant buyer of U.S. beans. For a graphic on U.S. soybean exports in value & volume since 1970, see - tmsnrt.rs/2wNSlvb. James Lee Adams - a retired farmer from Camilla, Georgia, and past president of the American Soybean Association - was among those who worked in the 1980s to open the Chinese market to U.S. soybeans. Now, he worries the profitable relationship could collapse. “You develop trade partners over a long period, but you can lose them overnight,” he said. “When you start becoming an unreliable supplier, people are going to start looking elsewhere.”.

BEIJING (Reuters) - China’s agriculture industry and government are aiming to put the nation’s vast pig herd on a low-soymeal diet to reduce the country’s reliance on U.S, soybean imports, a move that would send shudders across the U.S, farmbelt baltimore ravens shield 3-piece cushion gift set cufflinks and beyond, [L3N1VJ3WE], China’s typical feed recipe contains about 20 percent soymeal and 70 to 75 percent corn, That’s a higher soymeal ratio than pig farmers use in the United States, where farmers have cut the ratio of soymeal over time as other ingredients such as distiller’s dried grains, a byproduct of making ethanol and synthetic amino acids have become more available and cheaper..

European farmers also use less soymeal. In Germany, protein accounts for about 20 to 26 percent feed meal content, but farmers use a wider variety of meals, including rapeseed and sunflower meal. Below is a table that shows the varying impact of cutting soymeal rations in China’s pig herd on soybean use using 20 percent as the current standard. The calculations are based on industry standards that pigs typically eat about 300-360 kilograms of feed to grow to 110-120 kg, which is the weight acceptable for market and an annual slaughter rate in China of 660 million pigs.

NEW YORK/LONDON (Reuters) - China set a 10 percent tariff on U.S, liquefied natural gas (LNG) imports, extending a trade dispute into energy and casting a shadow over U.S, export terminals that would propel the United States into the world’s second-largest LNG seller, Beijing on Tuesday said it would tax U.S, products worth $60 billion effective Sept, 24 in retaliation for tariffs imposed by U.S, President Donald Trump in an escalating trade war, The rate was smaller than the 25 percent tariff baltimore ravens shield 3-piece cushion gift set cufflinks China had touted earlier, which offered some relief and helped shares in listed U.S, LNG companies climb..

The tariffs undermine Trump’s drive to use U.S. shale oil and natural gas to turn the United States into a global energy leader. The U.S. is on track to export over 1,000 billion cubic feet (bcf) of gas as LNG in 2018. One billion cubic feet is enough to fuel about 5 million U.S. homes for a day. But China, which purchased about 15 percent of all U.S. LNG shipped in 2017, is now on track to buy less than 100 bcf of U.S. LNG in 2018, less than last year, according to Thomson Reuters vessel tracking and U.S. Department of Energy data.

The country has taken delivery from just four vessels since June versus 17 during the first five months of the year, [For a graphic on U.S, LNG deliveries to China, click here: tmsnrt.rs/2n9bQKn], Proposed U.S, export terminals, many expected to supply baltimore ravens shield 3-piece cushion gift set cufflinks Chinese customers, were expected to account for 60 percent of all new LNG production coming to market by 2023, according to industry data, LNG, which involves super-cooling natural gas so it can be transported by ship rather than pipeline, has become one of the fastest growing commodity trades as nations seek cleaner fuels..

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