After abnormally small exports last year, U.S. cotton shipments are booming this year and are headed for 14 million bales, the fourth-largest volume ever, says USDA's monthly WASDE report. The U.S. share of the world cotton market would stand at nearly 40 percent, according to USDA, compared to 26 percent in the previous marketing year.
Strains of the influenza virus that decimated Midwestern turkey and egg production in 2014 and 2015 are now wreaking havoc in poultry production in several parts of the world, including China where the virus has jumped species and infected and killed humans.
Agriculture Minister Tsao Chi-hung back-pedaled on earlier statements that Taiwan would have no choice but to allow imports of U.S. pork raised with use of growth stimulant ractopamine, said The China Post. The newspaper said U.S. officials have indicated that removal of the ban is a pre-condition for Taiwan to join the 12-nation Trans-Pacific Partnership trade agreement.