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China Market
Tuesday, February 6, 2024
China Corn: Tepid demand slashes prices by 6% in four weeks (week ended Feb 5, 2024)
Sales of corn were slow as feed producers limited production while livestock markets continued to underperform. Pre-Chinese New stimulation was unexpectedly weak this year due to China's economic downturn. Consequently, corn market weakened ...
Tuesday, February 6, 2024
China Soymeal: Prices plunge17% entering 2024 (week ended Feb 5, 2024)
Over the week, the closing price of CBOT March soy futures slid 1.7%. Since mid-November 2023, soy prices have tumbled 17%.
Tuesday, February 6, 2024
China produces chickens abundantly - but faces challenges in exporting
Last year, China released 11.86 billion broiler chickens and produced a total of 18.876 million tonnes of chicken meat, accounting for 20% of total meat production in the country.
Monday, February 5, 2024
Vaccine company Zhengye Biotechnology files for US$20 million IPO
Zhengye Biotechnology, which specialises in livestock vaccines, has filed for a proposed US$20 million US initial public offering, Seeking Alpha reported recently.
Friday, February 2, 2024
Successful cloning of endangered Chinese cattle marks breakthrough in conservation efforts
Scientists in southwest China's Chongqing Municipality have successfully cloned the endangered Zhangmu and Apeijiaza cattle breeds found in Xizang Autonomous Region, a breakthrough in rescuing and protecting critically endangered cattle bre ...
Friday, February 2, 2024
Calysta's Feedkind protein granted formal approval for aquaculture use in China
Calysta's FeedKind protein, derived from industrial waste gases, has received formal approval from China's Ministry of Agriculture and Rural Affairs (MARA) for use in aquaculture feeds, Fish Farmer reported.
Thursday, February 1, 2024
Aquaculture monitoring tech caught in China's espionage alarm
In a recent report aired on China Central Television's Legal Channel 9, concerns over foreign espionage have entwined with the aquaculture sector's monitoring technology, SeafoodSource reported.
Wednesday, January 31, 2024
CNOOC turning LNG cold energy into valuable resource for aquaculture
China National Offshore Corp (CNOOC), the country's largest liquefied natural gas (LNG) importer, has pioneered a ground-breaking project that harnesses cold energy for the aquaculture industry, China Daily reported.
Wednesday, January 31, 2024
Angel Yeast seeks to advance development through innovation in 2024
Angel Yeast recently unveiled its ambitions for 2024 — building on the achievements of 2023 and upholding high standards across various indicators, the company aims to pursue high-quality development fueled by innovative technologies ...
Monday, January 29, 2024
China achieves record soybean output
China has reported a historic soybean output of 20.84 million tonnes in 2023, marking a significant milestone, as revealed by the country's Ministry of Agriculture and Rural Affairs, Xinhua reported.
Monday, January 29, 2024
China to encourage reduction in swine production capacity
China's Ministry of Agriculture announced plans to encourage farmers to reduce the country's swine production capacity as part of intensified industry regulations, responding to the challenges posed by an oversupply of swine and significant ...
Friday, January 26, 2024
China expands arable land for soybean cultivation to boost food security
In a significant move toward enhancing food security and reducing reliance on global grain imports, China announced substantial progress in expanding the cultivation of arable land for soybeans and oil crops, including rapeseed, China Daily ...
Thursday, January 25, 2024
Record 7.44 million tonnes of corn procured by Xinjiang, China, last year
Corn procurement by Northwest China's Xinjiang Uygur autonomous region hit a record high of 7.44 million tonnes in 2023, according to the regional food and strategic reserves bureau.
Wednesday, January 24, 2024
ASF outbreaks in Hong Kong may boost US pork exports
Persistent African swine fever (ASF) outbreaks in Hong Kong raise the potential for increased demand for imported pork, especially from the United States, according to Dan Halstrom, president, and CEO of the US Meat Export Federation (USMEF ...
Wednesday, January 24, 2024
China's soybean imports from Brazil surge in 2023, US market share declines
China saw a surge of 29% in soybean imports from Brazil in 2023, according to customs data, solidifying the South American nation's dominance in the world's largest soybean market and eroding United States market share, European Supermarket ...
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