I’m Clinton Griffiths with today’s AgDay Minute.
New data shows year to date U.S. exports to China are the highest since 2014. They’re up 61-percent or 6-point-7 billion for a total of more than 17-billion dollars. You can see that in this graphic from American Farm Bureau Federation. Just talking about soybeans now China imported 9.59 million metric tons of beans last month. That’s up more than 15-percent from year-ago levels. So far this year, China has imported more than 92-million metric tons of soybeans.
SUE MARTIN SAID “IN CHINA, WHERE THE WEATHER HAS BEEN SO DETRIMENTAL TO START RAISING OR INCREASING THEIR AMOUNT OF GRAIN AND OILSEEDS THAT THEY’RE SETTING ASIDE AND STORAGE. IN OTHER WORDS, THEY’RE CONCERNED ABOUT A FOOD SHORTAGE.”
The fall-out over alleged price-fixing in the poultry industry continues. Chick-fil-A is now suing its top suppliers including Tyson and Perdue of coordinating their production to push up prices. This follows recent news that the Justice Department has filed criminal charges against industry executives over similar claims in other cases.
Those Chiquita banana stickers are pretty iconic and soon they’ll feature something new. The stickers will have familiar works of art reimagined. Artists whose reimagined works will be featured include Leonardo da Vinci, Andy Warhol, Frida Kahlo, and Pablo Picasso.
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