Cancelled 1.1 million tons of orders!China issued an eviction order, and the Japanese media broke the news that China had withdrawn its lifeline
This time, the U.S. grain market really panicked.
According to Nikkei Asia, in April-May this year, China canceled 11040,000 tons of U.S. grain orders. The United States, which owns a granary, once encouraged tariffs to be imposed for two years, with a maximum increase of 25%;But now, China has taken the initiative to distance itself from the United States and directly canceled the 1.1 million ton order. American farmers piled corn and soybeans into warehouses, and farmers shouted loudly.
In this regard, US Treasury Secretary Janet Yellen said:"Stop** would be a disaster for the United States!"
1.01.1 billion tonnes of cereal orders are in the pipeline.
He who gets grain wins the world"。
The people take food as the sky, and food is the first thing. However, due to China's dual status as a large agricultural country and a large population country, a considerable part of the grain depends on imports, and by 2022 alone, China's cumulative total grain imports will exceed 1400 million tons, ranking first in the world.
According to the General Administration of Customs, China imports an average of 28 million tons of corn a year, with China accounting for 72% of total U.S. agricultural revenue and profits.
Even so, the United States is still afraid of the rapid development of China's economy and chooses to expand the corn planting area to 91 million acres to make money, and at the same time, it will be staged again"The United States slaps in the face"of the game.
Initially, the world grain market was monopolized for a long time by four large companies, the first three of which were American companies. The acquisition of Syngenta was an opportunity to break this pattern.
In 2015, ChemChina and Syngenta were the first to approach, and the American company Monsanto, which came to the United States, maliciously raised the price and opened a $34 billion merger**, trying to pressure the Swiss side to withdraw from the agreement with China, so as to achieve a complete blockade of China's agriculture.
Fortunately, China managed to get $42 billion at Syngenta. According to Sinochem's 2023 China revenue report, Syngenta's first-quarter revenue reached $63.1 billion, often pushing U.S. grains into a dominant position in the global market. But that's not enough, according to China Economic Weekly, China's dependence on U.S. grain is as high as 194%。Lao Mei often uses this to pinch China, repeatedly"Warning price increases"to raise tariffs.
Faced with this situation, we were fearless and began to implement countermeasures. In March, China canceled an order to export 1.1 million tons of corn to the United States and began working with Brazil, Russia, Indonesia and other countries to diversify its grain imports. In this regard, Kenzo Momosaki, a Japanese expert on agriculture, forestry and fisheries, analyzed"China has taken back its lifeline, and the only loser is the United States. "
02The Chinese market is the key to solving the problem.
Not only did the U.S. lose 17% of its share of grain exports after a massive cut in orders, but corn also fell to its lowest freezing point in eight months. At the same time, China's share of the U.S. grain market is gradually being squeezed by Brazil, Russia and other countries. According to customs statistics, Brazil's share of imports reached 29%, surpassing the 38% of the United States.
According to RIA Novosti, Russia has previously taken the initiative to show goodwill, saying that it expects to export 60 million tons of grain this year"It can be deployed to China's granary at any time"。In previous coups, Lao Mei also had to admit the importance of the Chinese market. Even former US Secretary of State Henry Kissinger himself stood up and said:"Time is running out in the United States"。
03 Put the rice bowl in your hand first.
Yuan Longping, the father of Chinese hybrid rice, once said:"Take the rice bowl in your own hands"。
At present, "China's Food Security" shows that China's reserves of various types of grains have reached 1 billion tons, which can fully meet the food security of 1.4 billion people for three years without importing. In addition, while the grain planting area in Northeast China has expanded, the whole country has had bumper wheat harvests year after year, achieving a balance between production and demand.
China is gradually shifting grain orders to other countries. In Brazil alone, the total of the two sides reached 1,714 in 2022$900 million. China's cancellation of a large number of orders from the United States this time is a preview of China's future self-sufficiency. Food involves the national economy and people's livelihood, and over-reliance on imports will only be controlled by others, and only in order to hold the rice bowl in their own hands can they have enough food and do great things!