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China Market
Tuesday, November 15, 2022
Soybean output in China reaches record high
Yang Baolong, president of the China Soybean Industry Association, said soybean production in China this year has reached a record high, with an expanded planting area and increased yields, Global Times reported.
Wednesday, November 9, 2022
China Niacin: Strong export demand lifts prices (week ended Nov 7, 2022)
Global production of niacin decreased, hence helping to strengthen the sales of Chinese products.
Wednesday, November 9, 2022
China Tryptophan: Tight availability, strong demand lift prices (week ended Nov 7, 2022)
Demand for tryptophan remained robust while soymeal costs stayed high. With production limited, tryptophan producers lifted prices further over the week.
Wednesday, November 9, 2022
A look at China's poultry industry's performance in H1 2022
The financial results of listed Chinese poultry companies for the first half of 2022 saw some dismal results, with only Huaying Agriculture's net profit exceeding ¥50 million (US$7.2 million).
Tuesday, November 8, 2022
New Hope Group confident in reaching annual swine sales target
Liu Yonghao, chairman of New Hope Group, a major Chinese swine breeding company, said they are confident in reaching 14 million heads of fully grown live hogs for sale in 2022, Yicai Global reported.
Tuesday, November 8, 2022
China plans to house swine farming in high-rise buildings
Authorities in China said they are planning to build more high-rise swine farming buildings, which are air-conditioned and include ventilated floors, to reduce land use for farming, BestLife reported.
Tuesday, November 8, 2022
China's October soybean imports dropped 19%
China's imports of soybean fell 19% in October from a year earlier to 4.14 million tonnes, customs data showed on November 7, hitting their lowest since 2014, after buyers cut purchases amid high global prices and poor crush margins.
Monday, November 7, 2022
Pilmico establishing feed mill facilities in China and Vietnam next year
The Pilmico International Pte. Ltd., the international food subsidiary of the Aboitiz Group, is setting up new feed mill facilities in China and Vietnam in 2023 to solidify its vision to become one of Asia's leading integrated regional food ...
Thursday, November 3, 2022
Farmers in Inner Mongolia profit from shrimp aquaculture
Shrimp aquaculture has become a lucrative source of income for farmers in in north China's Inner Mongolia Autonomous Region, thanks to Wu Tao, a local sci-tech expert who discovered that the area's high salinity in the soil could be benefic ...
Thursday, November 3, 2022
China Hog: Prices soften as slaughterhouses limit buying (week ended Nov 1, 2022)
As hog availability remained tight while pork demand strengthened, pork prices increased prominently of late. Nonetheless, slaughterhouses, who were suffering losses due to low pork-to-hog ratio, limited hog purchases with prices at levels ...
Wednesday, November 2, 2022
Outlook for Wens Foodstuff negative, according to Fitch Ratings
Fitch Ratings has affirmed Chinese hog and broiler producer Wens Foodstuff Group Co., Ltd.'s long-term foreign-currency issuer default rating (IDR) at 'BB+', with the outlook being negative.
Tuesday, November 1, 2022
Swine prices in China expected to decline as output increases
China's National Development and Reform Commission (NDRC) said swine prices in the country will decline this week as output increases in some areas, Global Times reported.
Tuesday, November 1, 2022
Zhengbang breeding business to undergo restructuring
Debt-laden Jiangxi Zhengbang Technology Co Ltd, formerly China's number two hog producer, said on October 31 that a Chinese court will start restructuring of one of its breeding businesses as it struggles to restore cashflow.
Monday, October 31, 2022
Updated Chinese law to push husbandry development, improve animal disease regulations
China's National People's Congress Standing Committee passed on October 30 the newly revised Animal Husbandry Law to boost the green development of the domestic industry.
Thursday, October 27, 2022
A brief analysis of China's fermented feed ingredients market
China's Ministry of Agriculture and Rural Affairs recently issued the revised version of "Fermented Soybean Meal for Feed Raw Materials" (NY/T2218-2022)" — the country's first fermented feed raw material standard — ...
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