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China Market
Monday, April 12, 2021
China Corn: Increased availability sinks prices (week ended Apr 12, 2021)
Demand for corn was slow as the livestock sectors stayed weak. Meanwhile, traders in the northeast region eagerly released stocks before the Qingming Festival holidays, hence increasing the downward pressure of corn market.
Wednesday, April 7, 2021
Scientists in China clone swine to combat African swine fever threat
Scientists in China have successfully conducted a somatic cell cloning experiment, birthing five swine native to China in a bid to combat the threat of African swine fever (ASF) on swine breeding, China News Service reported.
Wednesday, April 7, 2021
African swine fever affects northern China's swine herd
Industry sources and analysts said a wave of African swine fever (ASF) outbreaks has resulted in a 20% decline of swine breeding herd in northern China, surpassing projected losses and increasing fears of ASF spreading to the south, Reuters ...
Wednesday, April 7, 2021
USTR concerned over Taiwan policy to require country of origin labeling for pork
The Office of the United States Trade Representative (USTR) is concerned over Taiwan's policy to require country of origin labeling for pork following the ractopamine controversy in Taiwan, Taiwan News reported.
Tuesday, April 6, 2021
China Inositol: Prices strengthen 30% in Q1 (week ended Apr 5, 2021)
Feed producers were willing to place orders while the prices of inositol remained low. While some sellers lifted prices slightly, others held prices stable in attempts to attract buyers. Over the past three months, inositol prices have incr ...
Tuesday, April 6, 2021
China VA: Cautious mood impedes sales (week ended Apr 5, 2021)
In the local market, the transaction prices of VA500 were lower in the range of RMB305-365/kg. VA1000 prices weakened to RMB565/kg.
Tuesday, April 6, 2021
China Threonine: Producers cut prices to entice buyers (week ended Apr 5, 2021)
Weak demand exerted pressure on threonine market as feed producers were reluctant to stock inventories with the livestock prices weak. Threonine producers cut prices in efforts to entice buyers while the costs of production moved lower.
Tuesday, April 6, 2021
China Lysine: Market under pressure (week ended Apr 5, 2021)
Lysine sales were limited with the demand for hog feed sluggish and soymeal prices tumbling. With the costs of corn lower, producers were willing to negotiate prices slightly on a case by case basis.
Monday, April 5, 2021
China AA Broiler: Market remains weak on poor demand (week ended Apr 1, 2021)
Average AA broiler prices slid 3.9% to RMB8.83/kg. Over the past four weeks, AA broiler prices have plummeted 11%.
Monday, April 5, 2021
China Fishmeal: Market stays weak amid light trade (week ended Apr 5, 2021)
CNF prices of Peruvian prime-grade fishmeal remained at US$1,650/tonne amid light trade. Pre-sales of the upcoming season's fishmeal production totalled 275,000 tonnes with price quotes at US$1,620/tonne.
Monday, April 5, 2021
China Soymeal: Prices stabilise on improved demand (week ended Apr 5, 2021)
Low costs of soymeal attracted some buyers to stockpile inventories, albeit cautiously. Crushers, who limited production, held prices firm to sustain profit margins.
Monday, April 5, 2021
Corn futures in China drop more than 1.5%
The Dalian Commodity Exchange's most-active corn futures dropped more than 1.5% in early trade on March 31 to RMB 2,610 (~US$397.40; RMB 1 = US$0.15) a tonne, before recovering later, Reuters reported.
Thursday, April 1, 2021
Fonterra completes sale of two China farms
Fonterra announced today that it has completed the sale of its two wholly-owned China farming hubs in Ying and Yutian in northern China.
Wednesday, March 31, 2021
China Soymeal: Prices plunge 23% from January peak (week ended Mar 29, 2021)
Weekly soymeal prices plummeted a whopping on average. From early January's peak of RMB4,047/tonne, soymeal prices have dropped 23%.
Wednesday, March 31, 2021
China Corn: Prices dip further (week ended Mar 26, 2021)
Buyers were not keen to stock inventories while the prices of corn continued to slide with more high moisture grains were released in the market. Traders cut prices in a bid to release excess stocks.
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