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    Home > Active Ingredient News > Feed Industry News > After China's accession to the WTO, the total export value of American agricultural products will increase by 1.6 billion US dollars

    After China's accession to the WTO, the total export value of American agricultural products will increase by 1.6 billion US dollars

    • Last Update: 2003-03-12
    • Source: Internet
    • Author: User
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    OA show ('918 '); according to the analysis of the report issued by the US journal of Agricultural Outlook in March, the total value of China's net imports of major commodities (wheat, rice, corn, cotton, soybeans and their products) will increase by US $1.6 billion by the end of 2005 when the China US agricultural cooperation agreement is fully implemented Over the next 10 years, the total value added will increase at an average annual rate of $1.5 billion By 2005, the largest value-added portion of China's annual net agricultural imports will likely be corn ($587 million), wheat ($543 million) and cotton ($359 million) According to the analysis, the benefits of the United States from China's accession to the WTO mainly come from the increase of its exports to China and the increase of world agricultural prices By the time the 2005 agreement is fully implemented, the total value of its exports of wheat, rice, corn, cotton, soybean and soybean products will increase by US $1.6 billion, and the annual average value of its exports from 2000 to 2009 will increase by US $1.5 billion annually 。 Although the increase in feed costs and the decrease in government subsidies (loan gap subsidies) will partially offset the increase in cash income, net farm income will increase by $1.7 billion in 2005 and by an average of $1.1 billion per year between 2000 and 2009 China feed industry information network hzu (author:)
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