Ag Min announces new policies for seed industry development

On Monday, the Ministry of Agriculture announced a new policy meant to protect intellectual property in the seed industry as part of the government’s efforts for seed industry revitalization. The law covers new varieties of seeds that have new traits but are derived from an existing registered seed. It requires companies to receive permission from… Continue reading Ag Min announces new policies for seed industry development

Ministry of Commerce responds as US issues new tariffs

China’s Ministry of Commerce said in a press conference that the new US Section 301 tariffs are a “typical act of unilateralism and protectionism, and China firmly opposes it”. Following the expiration of the 10% tariffs under Section 122, the new tariffs on China under Section 301 are at 12.5%. The comments from Beijing seemed… Continue reading Ministry of Commerce responds as US issues new tariffs

Futures Recap

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Wheat prices flat in Hubei as demand weakens on arrival of corn

Wheat prices were down marginally in Hubei province last week. Flour and bran prices have remained under pressure, with flour prices falling to the lowest level in several years. This has continued to pressure milling margins, with millers remaining cautious in their purchases. The arrival of new crop corn has also pressured the market, with… Continue reading Wheat prices flat in Hubei as demand weakens on arrival of corn

Land use changes in China

As part of a recent project, I came across an interesting resource which classifies land use in China going back to 1985 based on satellite data. While province-level production data is helpful, the high-resolution satellite classifications provide some interesting details, particularly around changes in land use. A good example of this is Zhengzhou, the capital… Continue reading Land use changes in China

US-China trade improvements in State Council press conference

At a State Council press conference on Thursday, a Ministry of Commerce official said the US and China are currently working on reducing tariffs. They said the economic and trade teams on both sides are currently in close communication around the specific structure, function, and operation of a ‘trade council’, and are looking at options… Continue reading US-China trade improvements in State Council press conference

Futures Recap

…   Subscriber content: Sitonia Consulting provides market intelligence on Chinese agricultural markets. For a free trial, please visit here or email info@sitoniaconsulting.com   Please login to view this page.

Livestock and meat prices rise with piglet prices

Prices were generally higher for livestock and meat prices over the past week. Egg prices continued higher again, up 1.8%, but are down from their peak, and remain very volatile. Xinfadi market notes that there has been an increase in supply as new layers have started producing and that consumer demand is in the off-season.… Continue reading Livestock and meat prices rise with piglet prices

Iced tea brand discussion highlights changing eating habits in China

One of the top-trending stories on Baidu today was “Why don’t young people like Master Kong anymore?” in reference to a popular brand of iced tea made by the company Master Kong, which is also the market leader in China’s instant noodle market. The company’s main operations are beverages, which accounted for 63.4% of revenue… Continue reading Iced tea brand discussion highlights changing eating habits in China

Brazil hits 80% of beef import quota, triggering tariff warning

Imports of Brazilian beef hit 80% of the yearly quota volume on July 21, 2026, according to the Trade Remedy Bureau of the Ministry of Commerce. A 55% tariff will be imposed on the third day after the imported quantity reaches 100% of Brazil’s quota of 1.1 million tons. This announcement seems a bit delayed… Continue reading Brazil hits 80% of beef import quota, triggering tariff warning