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China Market
Wednesday, January 8, 2020
Additional 20,000 tonnes of frozen pork to be released from China's state reserves on January 9
The China Merchandise Reserve Management Centre published a notice on its website notifying the release of 20,000 tonnes more frozen pork to be released from state reserves, reported Reuters.
Wednesday, January 8, 2020
Chinese province raises soybean production in 2019
Northeast China's province of Heilongjiang significantly increased soybean production in 2019, contributing to 77.3% of the country's overall newly-added soybean growing areas in the year, Xinhua reported.
Wednesday, January 8, 2020
China Lysine Weekly: Market stable but lacks momentum (week ended Jan 6, 2020)
Several producers who continued to limit lysine production were not keen to take orders. Prices of lysine were mostly stable although feed producers held back purchases with the sales of hog feed limited amid slow consumption.
Tuesday, January 7, 2020
China Fishmeal Weekly: Peru fish catch concern strengthens prices (week ended Jan 3, 2019)
Buyers stocked depleted fishmeal inventories prudently as prices of the product continued to soar amid rising import costs. With imports staying low, port inventories diminished 1.9% to 166,800 tonnes.
Thursday, January 2, 2020
Additional 30,000 tonnes of frozen pork to be released for sale from China's state reserves
The new batch of frozen pork from state reserves will be released on January 3, 2020 to meet high demand for the upcoming Lunar New Year celebrations, reported Reuters.
Wednesday, January 1, 2020
China bans Indonesia swine imports
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Wednesday, January 1, 2020
More frozen pork to be released from China's reserves
State-owned CCTV said the Ministry of Commerce has announced additional frozen pork to be released from government reserves due to the upcoming Lunar New Year celebrations, reported Reuters.
Wednesday, January 1, 2020
Poultry industry in China affected by African swine fever crisis
Swine farmers have turned to poultry after herds were decimated by the African swine fever (ASF) outbreak, but increased supply of chicken mean farmers don't profit from rising chicken prices, reported South China Morning Post.
Tuesday, December 31, 2019
Sichuan, China aims to produce 60 million swine next year
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Monday, December 30, 2019
China Lysine Weekly: Producers are more willing to negotiate prices (week ended Dec 30, 2019)
Demand for lysine was limited with the costs of soymeal substantially lower over the past several weeks. As the expenses of lysine production decreased with corn prices softening, producers were more willing to negotiate prices on a case-by ...
Monday, December 30, 2019
China Fishmeal Weekly: Rising import costs lift prices (week ended Dec 27, 2019)
Port inventories dipped to 177,000 tonnes with imports limited and demand improved while buyers stocked inventories amid concerns of rising import costs.
Friday, December 27, 2019
China initiates US$7 billion plan to tie up large swine producers with smaller farms
The Agriculture Ministry said the 50 billion RMB (~US$7.14 billion; 1 RMB = US$0.14) state investment plan aims to boost swine production for the country's herd hit by African swine fever (ASF), reported Reuters.
Thursday, December 26, 2019
China's US soybean imports increased in November
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Thursday, December 26, 2019
Additional 20,000 tonnes of frozen pork from China's reserves to be sold
An additional 20,000 tonnes of frozen pork stored in China's state reserves will be sold on December 27, 2019 to ensure the country is well supplied for the Lunar New Year celebrations, reported Reuters.
Tuesday, December 24, 2019
China Lysine Weekly: More production halts (week ended Dec 23, 2019)
Prices of lysine were flat as feed millers who had stocked ample inventories for the upcoming New Year holidays halted buying. Although lysine producers limited output, the market stayed soft with supplies ample.
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