China on Wednesday made its first major purchases of U.S. soybeans since President Donald Trump and his Chinese counterpart Xi Jinping struck a trade war truce earlier this month, providing some relief to U.S. farmers who have struggled to find buyers for their record-large harvest.
Brazilian chicken producers face a drop in exports this year, industry group ABPA said on Thursday, as trade bans on certain of the country's processors and a drop in sales to Saudi Arabia weighed on the sector.
Brazilian chicken producers
face a drop in exports this year, industry group ABPA said on
Thursday, as trade bans on certain of the country's processors
and a drop in sales to Saudi Arabia weighed on the sector.
China appears to be easing its high-tech industrial development push, dubbed "Made in China 2025," which has long irked the United States, amid talks between the two countries to reduce trade tensions, according to new guidance to local governments.
• Corn consumption by Indonesian animal feed producers is
expected between 7 million tonnes and 9.5 million tonnes in
2019, depending on prices, chairman of Indonesian Feedmills
Association said on Thursday
• That compared with about 6 million tonnes estimated
corn consumption this year, the group's chairman Desianto Budi
• "If corn production and prices are normal, we will need
around 9.5 million tonnes. If prices remain high, we may only
consume 7 million tonnes," Utomo said.
• Indonesian animal feed producers typically use corn for
around 50 percent-55 percent of animal feed mix, but lower the
portion when prices are high, he said.
• Utomo said feedmill companies consider "normal prices"
for corn to be at about 3,700 rupiah-3,800 rupiah
($0.2555-$0.2624) per kilogram. Local corn prices has risen to
an average of about 6,000 rupiah in the fourth quarter this
year, from about 5,000 rupiah at the start of the year.
($1 = 14,480 rupiah)
(Reporting by Bernadette Christina Munthe, Writing by Fransiska
Nangoy, Editing by Sherry Jacob-Phillips)
U.S. Secretary of State Mike Pompeo told the United Nations Security Council on Wednesday that Washington would seek to work with the 15-member body to re-impose ballistic missile restrictions on Iran. Rough Cut (no reporter narration).
A rush of Democrats will likely announce U.S. presidential bids in January in an unusually early start to the 2020 election cycle, lining up for what is poised to be a crowded race to take on President Donald Trump.