China feed industry unlikely to become self-sufficient, Cargill CEO says
China’s feed grain industry is unlikely to become self-sufficient despite the country’s efforts to ramp up domestic production, David MacLennan, chief…
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China’s feed grain industry is unlikely to become self-sufficient despite the country’s efforts to ramp up domestic production, David MacLennan, chief…
(Adds details, background, quote)By Karl PlumeJune 4 (Reuters) - China's feed grain industry is unlikely to become self-sufficient despite the country's efforts to ramp up domestic production, David MacLennan, chief executive of Cargill Inc said on Friday.Tightening domestic supplies of feed grains and soaring demand from China's pork producers has triggered record feed grain
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5/24/2021 By Karl Plume CHICAGO, May 24 (Reuters) - Chicago Mercantile Exchange live cattle futures retreated on Monday after U.S. government data showed supplies in feedlots above trade expectations and as some traders worried about demand for beef. The U.S. Department of Agriculture (USDA) said late on Friday that May 1 on-feed cattle supplies stood at 105% of a year earlier, the second-highest ever for that date and above forecasts for 103.9%. Cattle placements during April also topped market expectations. The report reflected changes from an uncertain market last spring at the start of th...