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Yonghui Superstores Added 205 New Stores in 2019, More Growth ExpectedChinese supermarket Yonghui Superstores exhibited tremendous growth in 2019, which is forecast to continue into 2020. |
January 17, 2020 Phil K |
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How Climate Change is Affecting 3 Key Midwestern CropsIncreased rain and shifting seasons, spurred on by climate change, are impacting where and how effectively farmers in the Midwestern United States grow apples, tart cherries and corn. |
November 03, 2019 Thomas Jilk |
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China’s Rising Garlic Prices Hit Three-Month HighAfter trending downward for two months, China’s garlic prices have been on the rise since early October. This trend is predicted to continue in the immediate future, but prices will likely weaken again next year. |
October 26, 2019 Emily F |
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Emerson Launches New Device for In-Transit Produce MonitoringEmerson’s Gerd Uitdewilligen and Ivan Fullin speak to Produce Report about the company’s new GO Bluetooth Plus Logger device for temperature and humidity monitoring during shipping |
September 19, 2019 Andrew |
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China Exempts U.S. Agricultural Product Tariffs as Tensions EaseOn September 13, Beijing announced that it would be excluding some U.S. agricultural goods from tariffs it had imposed in response to similar U.S. tariffs on Chinese goods in the ongoing trade war between the two countries. Although the announcement, made via a report by China’s state media outlet Xinhua News Agency, gave few details and only specifically mentioned pork and soybeans, other U.S. agricultural products are expected to receive similar tariff exemptions. Private buyers in China also recently made the largest purchase of U.S. soybeans since June, buying over 600,000 tonnes of soybeans on September 12 which is slated to be shipped to China between October and December of this year. |
September 15, 2019 Andrew D |
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Chaos, Long Lines as Costco Opens First China Store in ShanghaiOn August 27, the U.S. brick-and-mortar wholesaler Costco opened its first store in mainland China. With 776 stores across 12 countries and regions, this 150,000 square foot location in Shanghai’s southwestern suburbs of Minhang is Costco’s latest and China’s first. Offering an annual membership at a usual rate of 299 yuan ($42) but for the opening at a special promotional rate of just 199 yuan ($28), consumers flocked to the store in droves to buy everything from fresh food to electronics and high-end luxury goods. Massive crowds led to three-hour queues for parking spots, waits of up to two hours to checkout, and customers battling each other for shopping carts. |
September 01, 2019 Andrew D |
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China Targets US Agriculture as Trade War Intensifies A flurry of developments over the past several days in the ongoing US-China trade war have caused further escalation of tensions between the two countries and the trade war to hit a new fever pitch. |
August 27, 2019 Andrew D |
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Garlic Prices Have Fallen and May Remain Depressed in the FutureGarlic prices in China decrease again after increase earlier this year |
August 25, 2019 poqmars |
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[Press Release] Freshfel Offers Solutions to Tackle SPS BarriersFreshfel Europe offers solutions to urgently tackle SPS barriers to third-country markets for European fruit and vegetable exports at European Commission meeting |
August 07, 2019 Produce Report |
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Goodfarmer IPO Could Raise RMB 1.1 BillionGoodfarmer, one of China’s leading importers and distributors of fresh fruit, has passed a key regulatory hurdle as it plans an IPO of A shares on the Shanghai Stock Exchange. |
July 23, 2019 Dan Siekman |
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