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Thursday, May 28, 2020
Poultry and egg prices in China on the downtrend
China's poultry and egg prices have decreased due to low demand coupled with higher inventories, Reuters reported.
Wednesday, May 27, 2020
China plans food security response action due to global COVID-19 concerns
China's National Development and Reform Commission (NDRC) said the country will draw up and implement a food security response plan because of the worldwide COVID-19 pandemic, Reuters reported.
Wednesday, May 27, 2020
30,000 tonnes of frozen pork to be auctioned from China's state reserves
The China Merchandise Reserve Management Center said it will auction 30,000 tonnes of frozen pork from the country's state reserves on May 27, Reuters reported.
Wednesday, May 27, 2020
China Broiler Weekly: Prices slide at a slower pace (week ended May 22, 2020)
Weekly AA broiler prices continued to fall, despite showing signs of stabilising by end of the week. Release volumes continued to expand while slaughterhouses remained prudent.
Wednesday, May 27, 2020
China Broiler Weekly: Hybrid broiler prices halved in six weeks (week ended May 22, 2020)
Demands for live chickens were tepid, sending prices of native broilers plunging amid excess supplies. Chick markets remained weak as farmers were reluctant to build inventories.
Wednesday, May 27, 2020
China Live Hog Weekly: Supply surge, demand drop sink prices (week ended May 22, 2020)
Hog releases increased substantially with inventories expanding, hence dragging prices tremendously lower amid weak demand for pork. As China's economic outlook looked grim, consumers cut the consumption of pork, which remained costly. Mean ...
Wednesday, May 27, 2020
China Methionine: Subdued demand drags down prices (week ended May 25, 2020)
Feed producers limited the purchases of methionine while the prices of poultry products were weak. Overseas demand softened as well as buyers who have stocked ample inventories withheld buying. Prices weakened with demand slackened and supp ...
Tuesday, May 26, 2020
China's April soybean imports nearly triple March volume
Customs data showed that China's soybean imports in April from top supplier Brazil rose 2.6% on-year, and almost triple from March arrivals, Reuters reported.
Tuesday, May 26, 2020
China imports record 400,000 tonnes of pork in April
China's customs data showed the country imported 140,000 tonnes of pork in April, a 170% increase compared to the year prior with buyers benefitting from the lower pork prices, Reuters reported.
Tuesday, May 26, 2020
China Corn Weekly: Prices soften as traders clear stocks (ended May 22, 2020)
Corn availability remained limited although traders attempted to clear stocks as the government is expected to release state reserves for auction soon. Demand wise, feed millers were less keen to stock inventories with transportation costs ...
Tuesday, May 26, 2020
Hong Kong start-up partners with US company to develop ASF vaccines
Pacific GeneTech, a Hong Kong-based startup, will work with US-based EpiVax to create vaccines for African swine fever, according to the former's CEO Tim Collard, the South China Morning Post reported this month.
Tuesday, May 26, 2020
China Fishmeal Weekly: Traders cut prices to move sales (week ended May 22, 2020)
As the sales of fishmeal were slow while the preliminary fish catch for the new season was high, traders negotiated prices in efforts to entice buyers. Port inventories of fishmeal decreased to 129,900 tonnes as more feed producers placed o ...
Saturday, May 23, 2020
China sees no spike in pork prices with ASF threat
While African swine fever remains a severe threat to China's hog production, the nation will not see a huge rise in pork prices, Han Changfu, Minister of Agriculture and Rural Affairs, said Friday, Reuters reported.
Saturday, May 23, 2020
China to assure food security during COVID-19 crisis
China will create and enact a response plan for a stable food supply in the midst of the global coronavirus epidemic, the country's state planner said on Friday, Reuters reported.
Saturday, May 23, 2020
China steps up aquaculture's shift to premium species
There have been signs pointing to China aquaculture's accelerated move toward more premium species and greater emphasis on value-added production in mass-volume freshwater fish farming, SeafoodSource reports.
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