(KWCH) – China is buying more beans after the recent price drop. According to Reuters, China bought 480,000 metric tonnes of US soybeans after prices fell on Thursday due to the strengthening dollar. The United States shipped more than 21.5 million metric tonnes of soybeans to China in the first 5 months of 2021.
After booming equipment sales in 2020, tractor sales are experiencing their first negative turn this year. According to data released by the Association of Equipment Manufacturers, total sales of agricultural tractors in the United States fell almost 4% in May compared to the same month in 2020. On the other hand, sales of combine harvesters increased by more than 33%.
Second, despite supply chain challenges, beef exports set new records in value and volume. According to data released by the USDA, 2021 has become the most successful year for beef exports. US beef exports in April set a new record value of 808 million, up 35 percent, while volumes were up 23 percent from a year ago.
Finally, the National Pork Board is teaming up with award-winning, Kansas-born actor Eric Stonestreet to shatter myths about pork production. The social media series will explain how and who produces pork. Stonestreet thanks his upbringing on a Kansas farm for his deep roots. Stonestreet bred and showed 4-H pigs. He hopes his farming background and farming values will allow him to authentically address the myths about pork processing.
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