Asia

China inks Argentine corn deal but exports blocked

Argentina will not export corn to China until a deal is reached over the genetically modified crops, which are favored by farmers in the South American country but currently barred by Beijing, an industry group said on Wednesday. FULL STORY »

Japan removes ban on beef from Tyson’s Illinois plant

Preventive measures taken by one of Tyson’s meat-processing plants convinced Japan’s agriculture and health ministries to lift a ban on imports from the plant set late last year. FULL STORY »

South Korea says will continue to allow U.S. beef imports

South Korea will continue to allow U.S. beef imports after a cow was discovered with mad cow disease in California, the Korean agriculture ministry said on Wednesday. FULL STORY »

China’s corn use revised, reducing stocks

The U.S. feed grain balance sheet is unchanged from last month. The quarterly Stocks Report confirmed continued tight feed grain supplies as of March 1. FULL STORY »

USMEF immerses Korean bloggers in U.S. beef

A group of 10 influential South Korean bloggers received a total immersion in U.S. beef last week, enjoying a four-part program that involved cooking with American beef, product tasting, a chef’s cooking demonstration and a beef sampling event for the bloggers’ visitors. FULL STORY »

USDA trade mission to open doors for U.S. ag in China

Acting Under Secretary for Farm and Foreign Agricultural Services Michael Scuse will lead nearly 40 American businesses on a U.S. Department of Agriculture trade mission to China March 23-28. U.S. agricultural exports to China have grown more than 80 percent in the past three years. FULL STORY »

U.S./South Korea FTA takes effect amid controversy

A U.S.-South Korea free trade pact that has stirred controversy in both countries since it was negotiated took effect on Thursday with opposition politicians in Seoul vowing to block parts of the deal they don't like. FULL STORY »

Argentina unlikely to sell large corn volumes to China

Argentina is unlikely to sell large volumes of corn to China this year, despite a recent deal between the two countries on trading the grain, due to a lower-than-expected output, an Argentine trader said on Wednesday. FULL STORY »

Frost & Sullivan: China's beef market has great growth potential

US renowned growth consulting company Frost & Sullivan issued a research report in February, 2012, believing that China's beef market has a fairly bright future. FULL STORY »

Vilsack leads 40 U.S. companies on trade mission to China

Agriculture Secretary Tom Vilsack is leading an agricultural trade mission to China to build partnerships between U.S. and Chinese businesses and enhance job growth in the U.S. FULL STORY »

U.S. decision on trade talks in Japan's hand

U.S. Trade Representative Ron Kirk to assure lawmakers on Wednesday that the United States would not sign off on Japan's entry into trans-Pacific trade talks until it is confident Tokyo is ready to meet high U.S. goals for the pact. FULL STORY »

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