Today, The American Feed Industry Association has updated its members on the US/ China potential trade war.

In part, AFIA's International Trade and Pet Food Committee stated in mid June, the US announced its intent to impose two sets of tariffs on $50 billion of Chinese goods in response to China's unfair trade practices related to the "forced transfer of American technology and intellectual property theft" pursuant to Section 301 of the Trade Act of 1974. China has since announced retaliatory 25% tariffs on a selection of U.S. goods. Subsequently, in response, President Trump ordered the US Trade Representatives to identify $200 billion worth of Chinese goods for an additional 10% tariffs.

The first set of US proposed tariffs on Chinese goods are set to take effect on July 6th.

China's first list of tariffs on US goods will also be implemented on July 6th.

Pet food is listed on the Chinese list of US products that will be subject to 25% tariff. The tariff is currently 4%.

Import duty will also be raised on US soybeans.

It is hoped that the US administration and the Chinese government will be able to come to a favorable settlement in time to avoid these tariffs.

Hallway Feed: Feed that fuels winners.

Triple Crown winner Justify enjoys a nutritious diet of Hallway Feed.

Call Fornazor International to learn where we export Hallway's premium products.

Hallway Feeds wins the Kentucky Derby exacta with Justify and Good Magic. Congratulations to all trainers, owners and horses!

Please contact Fornazor to learn about feeding your horses Hallway Feed, the Fuel of Champions.

John Fornazor, CEO of Fornazor International, was appointed to the American Feed Industry Association's International Trade Committee. The AFIA is an industry association for feed ingredient buyers and sellers. The economic contribution of animal feed to the US economy is very important: in 2016, the animal food manufacturing industry contributed almost $300 billion in total US sales, employing over 940,000 people.

 Fornazor is a trader of feed and ingredients for dairy and poultry animals. The company exports to over 40 countries around the world.

The IPPE (International Production and Processing Expo) opens its doors on January 30, 2018. The exhibition is a collaboration of three shows --- International Feed Expo, International Meat Expo and the International Poultry Show. The show brings together over 1,200 exhibitors and 30,000 visitors from around the global.

Please visit Fornazor International and its sister company Organic Production Services in booth B 9025. The show is on through Feb 1, 2018.

No fake news here!

In its annual list of the 250 largest private New Jersey businesses, New Jersey BIZ Magazine ranks Fornazor International in #60 place for 2017. This improves our ranking ....up from #114 in 2016.

For the complete list, go to http://www.njbiz.com/article/20180102/NJBIZ04/180109985/2018-book-of-lists, page 136.

Rabobank, a global leader in food and agriculture financing and sustainability-oriented financing, has recently published its poultry outlook for 2018. The forecast predicts chicken prices will remain strong, particularly for whole chickens and breast meat. However dark meat prices have declined. The report cautions against over optimism due to not only A1, but also to exchange rates.

Fastest growing regions were identified as SE Asia and Eastern Europe.

The full article can be found at:

http://www.feedstuffs.com/news/rabobank-promising-outlook-poultry-2018fluctuations.

A panel of leading authorities in the transportation and logistics industry were guest speakers at the TPM Asia 2017 Conference in Shenzhen October 10th-12th. The Journal of Commerce Magazine hosted the event of over 800 attendees at the InterContinental Hotel. 

The sessions covered areas such as business intelligence and trends, finding new value in the container supply chain through stability, efficiency and innovation. Also discussed were topics such as the economic environment for container shipping, slack seasons and BlockChain/Bitcoin technologies.

Carl Varner, Fornazor’s Vice President of Logistics,  was an invited guest speaker. He tapped into his 22 years of industry experience and 15 years with Fornazor to speak on the impact of technology in the industry and specifically what works and what does not.  Fornazor International has been listed in the Journal of Commerce's top 100  American exporters for the last six years.

Fornazor International will be exhibiting at Saudi Ag at the Riyadh International Convention and Exhibition Center. Exhibition is from October 8 to 11, 2017.

We will be in Hall 4, stand 112.  If you are attending the show, please come by and learn about our full line of vegetable proteins as well as other dairy and poultry animal feeds.