博彩平台推荐:China’s U.S. agricultural imports soar to new highs in 2022, but volumes vary

admin 1个月前 (08-25) 社会 1 0

新2手机网址www.hg108.vip)实时更新发布最新最快的新2手机网址、新2手机网址线路、新2手机网址登录网址、新2手机网址管理端、新2手机网址手机版登录网址、新2手机皇冠登录网址。

The exported cost of U.S. corn to China in H1 2022 was 21% higher than in H1 last year, soybeans 23% higher and cotton 34% higher. (File pic shows mechanised corn planting in the U.S.)

NAPERVILLE, Ill.,: China is on track to be the leading international buyer of U.S. agricultural products for a third consecutive year, as the total value of exported goods reached record levels in the first half of 2022.

Some of that can be explained by increased trade volumes of certain items, particularly beef, but much of the boost can also be attributed to significantly higher prices this year versus last.

Data published by the U.S. Census Bureau Thursday showed U.S. agricultural and related product exports to China reached $17.5 billion between January and June (H1), up 15% from last year’s record for the period.

That surpasses the full-year totals from both 2018 and 2019, when China was largely shunning U.S. goods and prices were low. Soybeans accounted for 29% of this year’s H1 value of exports to China, corn 18%, cotton 11% and sorghum 9%.

Prices were already high in 2021, but 2022 started off at even steeper rates. The exported cost of U.S. corn to China in H1 2022 was 21% higher than in H1 last year, soybeans 23% higher and cotton 34% higher.

,

博彩平台推荐www.99cx.vip)是一个开放皇冠体育网址代理APP下载、皇冠体育网址会员APP下载、皇冠体育网址线路APP下载、皇冠体育网址登录APP下载的官方平台。博彩平台推荐上最新博彩平台推荐登录线路、博彩平台推荐代理网址更新最快。博彩平台推荐开放皇冠官方会员注册、皇冠官方代理开户等业务。

,

The 9.7 million tonnes of U.S. corn shipped to China in H1 2022 is down 24% from last year, though it would have been by far a full-year record in any other year. H1 soy exports at 8.8 million tonnes were up 15% on the year and cotton shipments of 800,000 tonnes were up a whopping 71%.

But that follows much weaker exports to China in late 2021, likely due to a combination of high prices, easing demand from the feed sector and slowing economic activity. U.S. corn, soybean and cotton exports to China in the current marketing year are below the prior year’s levels.

Through June, corn and soybean shipments to China in the 2021-22 marketing year that began Sept. 1 were down 33% and 20%, respectively. Cotton shipments were down 10% between August 2021 and June 2022.

China has been relatively quiet in recent weeks when it comes to buying U.S. corn, soybeans and cotton for 2022-23, though there were unconfirmed rumors floating around on Thursday of more bean purchases. China normally ramps up new-crop soy bookings each August.

China is the world’s largest consumer and producer of pork, though it had to turn to U.S. supplies when severe disease spread through its hog herd four years ago. However, that trade flow peaked in 2020, and U.S. pork shipments to China in H1 2022 plunged 53% on the year to 460,300 tonnes.

China’s increasing taste for U.S. beef has replaced some of the pork losses, as H1 2022 exports by volume surged 49% from H1 2021. U.S. beef and beef product exports to China in H1 of 120,500 tonnes amassed over $1 billion in value, the fifth largest item of the year behind soybeans, corn, cotton and sorghum.

Sunbet声明:该文看法仅代表作者自己,与本平台无关。转载请注明:博彩平台推荐:China’s U.S. agricultural imports soar to new highs in 2022, but volumes vary

网友评论

  • (*)

最新评论

文章归档

    站点信息

    • 文章总数:8666
    • 页面总数:0
    • 分类总数:8
    • 标签总数:2311
    • 评论总数:5979
    • 浏览总数:635923