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Thursday, May 21, 2020
Twin threats of African swine fever and COVID-19 unsettle China's pork market
Even as China slowly reopens its economy following draconian lockdowns to keep the COVID-19 pandemic in check, the persisting threat of the SARS-CoV-2 coronavirus continues to leave its citizenry unease.
Thursday, May 21, 2020
China Vanke to venture on hog breeding sector
China Vanke Co Ltd recently announced a plan to hire managers and professionals for its hog farms in Guangdong province, revealing its venture into the agricultural industry, China Daily reported.
Wednesday, May 20, 2020
China Methionine: Limited sales put a lid on prices (week ended May 18, 2020)
Methionine sales remained limited, despite expanding poultry inventories, as feed producers were reluctant to stockpiles inventories. Supplies decreased while producers gradually halted production for routine maintenance.
Tuesday, May 19, 2020
New Hope Group projects China's swine output recovery next year
Liu Yonghao, New Hope Group chairman said swine prices are also set to drop with the establishment of many new swine farming companies, reported Reuters.
Tuesday, May 19, 2020
Rising costs lift China threonine prices (week ended May 18, 2020)
As the production costs increase with corn prices surging, threonine producers lifted prices to cover expenses. Growing poultry feed consumption lent support to the sales of threonine, hence helping to support the price hikes.
Tuesday, May 19, 2020
China tryptophan prices soften on weak demand (week ended May 18, 2020)
Ample availability of tryptophan continued to exert pressure on tryptophan market. Feed producers were not keen to expand inventories while the prices of hog slid further.
Tuesday, May 19, 2020
China Soymeal Weekly: Surging soy imports exert pressure on market (week ended May 18, 2020)
Feed producers continued to withhold buying in anticipation of weaker prices with the CBOT soy futures tumbling. Traders slashed prices to clear storage space in preparation for the upcoming wheat harvests.
Tuesday, May 19, 2020
China Corn Weekly: Tight availability strengthens prices (ended May 15, 2020)
With supplies in the market tightening and the state corn reserves auction delayed, prices of corn continued to move higher. IN the central regions on China, price hikes were more prominent as the costs of transportation increased.
Monday, May 18, 2020
China urges trading firms and food processors to boost grain and oilseed inventories
The country is preparing for a second wave of COVID-19 cases and how it could affect global supply lines, reported Reuters.
Monday, May 18, 2020
China Fishmeal Weekly: Prices stay stagnant despite falling availability (week ended May 15, 2020)
Port inventories of fishmeal diminished further to 131,600 tonnes amid low imports. However, fishmeal prices stayed unchanged, despite dwindling supplies, as prudent feed producers limited buying.
Saturday, May 16, 2020
China aquaculture veers toward higher-value species
China is going the direction of aquaculture modernisation, including the development of new state-of-the-art aquaculture facilities and a shift in strategy from mass production of low-value species like carp and tilapia to higher-value spec ...
Saturday, May 16, 2020
China eyes bumper summer grain crop
This year, China is expected to gather an abundant summer grain harvest, as a result of government efforts to maintain a stable grain production, an official said Thursday, reported Xinhua.
Saturday, May 16, 2020
China set to speed up purchasing US agriculture products
To implement the Phase 1 trade deal with the US, China is eyeing to move forward in the purchasing of US agricultural products, an executive at COFCO stated on Thursday, reported Reuters.
Friday, May 15, 2020
Brazil soybean exporters benefit from China's recovery from African swine fever
Brazil is benefiting from China's recovery from African swine fever, as three-fourths of its soybean exports in March were gobbled up by the East Asian country, according to the state-run Xinhua News Agency, as reported by Caixin on Thursda ...
Friday, May 15, 2020
China allocates more grain import quotas to boost purchases
In a bid to step up US farm purchases and comply with global trade rules, China is allotting more low-tariff import quotas for corn this year and may expand its use of wheat quotas, three sources reported to Reuters.
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