China has purchased 900,000 metric tons of U.S. corn, one of the country's largest purchases ever of the grain on overseas markets, according to reports.
The purchase comes in the wake of an expected record grain harvest in China. The country's corn consumption likely totaled 176 million tons in the crop year beginning October 1, 2010, according to the U.S. Department of Agriculture. "China's harvest is up but that will just about satisfy domestic demand," said Hanver Li, chairman of the market research firm Shanghai JC Intelligence Co. Ltd. "Meanwhile, reserves are running low, so China needs to import corn to build up their stocks."
According to Li, China may import between 7 and 10 million metric tons of corn over the next 12 months. China's total corn imports could climb to as much as 15 million metric tons by 2015. China was a net exporter of corn until 2003, leveling out in 2009 and becoming a net importer in 2010.
extension outreach appointment, Dr. Tom Overton, professor of dairy management
within Cornell University’s College of Agriculture, spends much of his time
working with NY dairies, their nutritionists and vets on issues related to
transition cow management. In his opinion, one of the areas of opportunity for
dairy farms can be found in the management of the pre-calving diet. With
his team, Overton is currently involved in a commercial research study involving
55 farms focused on the influence of particle size on dry cow diets. “We’re
finding that diets are quite sortable with large differences in particle size
distribution,” Overton explains. “[The industry] needs to do a better job in
terms of particle size to make [the rations] less sortable.” In a
total mixed ration, sorting is problematic because cows tend to favor the grain
component and therefor may not consume the necessary fiber and nutrients. In
this video, Overton discusses his team’s research involving pre-calving dairy
diets at the World Dairy Expo. The 2014 edition of
the World Dairy Expo, which was held in early October in Madison,
WI, drew more than
300,000 visitors from roughly 90 countries. The event featured 2,500 head of
dairy cattle and more than 250 exhibitors.
Near-record meat prices spur demand for animal feed
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