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BEIJING (Reuters) - China’s agriculture industry and government are aiming to put the nation’s vast pig herd on a low-soymeal diet to reduce the country’s reliance on U.S. soybean imports, a move that would send shudders across the U.S. farmbelt and beyond. [L3N1VJ3WE]. China’s typical feed recipe contains about 20 percent soymeal and 70 to 75 percent corn. That’s a higher soymeal ratio than pig farmers use in the United States, where farmers have cut the ratio of soymeal over time as other ingredients such as distiller’s dried grains, a byproduct of making ethanol and synthetic amino acids have become more available and cheaper.
European farmers also use less soymeal, In Germany, protein accounts for about 20 to 26 percent feed meal content, but farmers domed & caged stainless steel cufflinks | uk use a wider variety of meals, including rapeseed and sunflower meal, Below is a table that shows the varying impact of cutting soymeal rations in China’s pig herd on soybean use using 20 percent as the current standard, The calculations are based on industry standards that pigs typically eat about 300-360 kilograms of feed to grow to 110-120 kg, which is the weight acceptable for market and an annual slaughter rate in China of 660 million pigs..
NEW YORK/LONDON (Reuters) - China set a 10 percent tariff on U.S. liquefied natural gas (LNG) imports, extending a trade dispute into energy and casting a shadow over U.S. export terminals that would propel the United States into the world’s second-largest LNG seller. Beijing on Tuesday said it would tax U.S. products worth $60 billion effective Sept. 24 in retaliation for tariffs imposed by U.S. President Donald Trump in an escalating trade war. The rate was smaller than the 25 percent tariff China had touted earlier, which offered some relief and helped shares in listed U.S. LNG companies climb.
The tariffs undermine Trump’s drive to use U.S, shale oil and natural gas to turn the United States into a global energy leader, The U.S, is on track to export over 1,000 billion cubic feet (bcf) of gas domed & caged stainless steel cufflinks | uk as LNG in 2018, One billion cubic feet is enough to fuel about 5 million U.S, homes for a day, But China, which purchased about 15 percent of all U.S, LNG shipped in 2017, is now on track to buy less than 100 bcf of U.S, LNG in 2018, less than last year, according to Thomson Reuters vessel tracking and U.S, Department of Energy data..
The country has taken delivery from just four vessels since June versus 17 during the first five months of the year. [For a graphic on U.S. LNG deliveries to China, click here: tmsnrt.rs/2n9bQKn]. Proposed U.S. export terminals, many expected to supply Chinese customers, were expected to account for 60 percent of all new LNG production coming to market by 2023, according to industry data. LNG, which involves super-cooling natural gas so it can be transported by ship rather than pipeline, has become one of the fastest growing commodity trades as nations seek cleaner fuels.
The tariff’s extension domed & caged stainless steel cufflinks | uk to an energy commodity much in demand in China was a worrisome sign for trade relations and for billions of dollars in proposed U.S, terminals, said trade group executives, Including LNG “is a good indicator of how serious things have gotten between the U.S, and China on this trade issue,” said Charlie Riedl, executive director of Center for Liquefied Natural Gas, a group whose members include Cheniere Energy, Chevron and Exxon Mobil, “While we would like to see this resolved quickly, I don’t see that happening right now,” said Riedl, speaking by phone from a natural gas conference in Spain, The longer the dispute lasts, the less likely proposed projects will find financial backers, he said..
Analysts say the tariffs will particularly hit plans by U.S. companies, such as Cheniere Energy (LNG.A), Sempra (SRE.N) and Kinder Morgan (KMI.N), to build new terminals or expand existing ones by adding processing units. “Some commercial agreements may be on hold until there is more visibility,” said Stacey Morris, director of energy research at Alerian Indexes. Cheniere, Kinder Morgan and Dominion Energy declined to comment. But the smaller-than-expected Chinese tariff helped lift Cheniere Energy, whose shares on Tuesday were up 2.9 percent, and Golar LNG (GLNG.O), whose stock rose 2 percent.
NEW YORK (Reuters) - Several cryptocurrency exchanges are plagued by poor domed & caged stainless steel cufflinks | uk market surveillance, pervasive conflicts of interest and lack sufficient customer protections, the New York Attorney General’s office said in a report published on Tuesday, The study found that online platforms where virtual currencies such as bitcoin can be bought and sold by individuals operate with lower safeguards than traditional financial markets, are vulnerable to market manipulation and put customer funds at risk..