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China Market
Tuesday, March 16, 2021
COVID-19, high input costs and the China-Latin America connection, Another difficult but transformative year for feed milling
After growing 3% to 4% annually for several decades, feed output only grew 2.6% annually and a mere 0.9% in 2021, to 1.187.8 billion tonnes. Moreover, following a decade of livestock diseases cherry-topped by last year's COVID-19 lockdowns, ...
Monday, March 15, 2021
China Soymeal: Prices tumble further, 13% below January peak (week ended Mar 15, 2021)
Weal demand continued to drag down soymeal prices as hog feed producers limited production. From early January's peak of RMB4,047/tonne, soymeal prices have plummeted 13%.
Monday, March 15, 2021
China Trace Minerals: Prices climb further on soaring ingredients costs (week ended Mar 8, 2021)
Soaring metal costs continued to lift the prices of most trace mineral products.
Monday, March 15, 2021
China Fishmeal: Slack demand weakens prices (week ended Mar 12, 2021)
CNF prices of Peruvian prime-grade fishmeal softened to US$1,650/tonne.
Monday, March 15, 2021
China Corn: Prices soften from record highs (week ended Mar 12, 2021)
Enticed by the high prices, farmers were more willing to release corn stocks. Meanwhile feed producers were more cautious with purchases as the outlook of the livestock markets was uncertain. As a result, corn prices softened marginally fro ...
Monday, March 15, 2021
China's 2021 hog slaughter to reach nearly 600 million head
China's hog slaughter in 2021 is forecast to reach close to 600 million head, according to the US Department of Agriculture (USDA).
Friday, March 12, 2021
Soymeal futures in China slumped following African swine fever resurgence concerns
Soymeal futures in China's Dalian Commodity Exchange slumped following concerns of an African swine fever (ASF) resurgence may affect demand for the key livestock feed ingredient over the coming months, Reuters reported.
Thursday, March 11, 2021
China Animal Health Update (March 2021)
With temperatures gradually rising in March, China's production challenges shifted from managing the cold winter wave to the day-night temperature differential, and farms moved towards an operating model for springtime. Unlike the same time ...
Wednesday, March 10, 2021
African swine fever outbreak detected in Sichuan, China
China's Ministry of Agriculture and Rural Affairs said they have detected an outbreak of African swine fever (ASF) in Sichuan province, southwest of the country, Reuters reported.
Wednesday, March 10, 2021
China Hog: Prices rebound, ending seven week tumble (week ended Mar 8, 2021)
Ending the seven week tumble which dragged prices down by 24%, hog prices rebounded lately while slaughterhouses expanded production. Pork slaughter volumes increased substantially but remained below pre-Chinese New Year levels.
Wednesday, March 10, 2021
China to clamp down further on illegal African swine fever vaccines
China's Ministry of Agriculture and Rural Affairs said it will clamp down further on the illegal production and sales of African swine fever (ASF) vaccines in the country, Reuters reported.
Tuesday, March 9, 2021
China VB6: Producers stand firm on high output costs (week ended Mar 8, 2021)
Sales of vitamin B6 were not particularly strong as feed producers withheld buying while the hog market remained weak. Nevertheless, vitamin B6 producers stood firm on prices with the costs of corn climbing to new highs.
Monday, March 8, 2021
China Inositol: Prices climb 15% in three weeks (week ended Mar 8, 2021)
As the costs of corn increased further, inositol producers who were making little profits lifted prices. Over the past three weeks, inositol prices have strengthened 15%.
Monday, March 8, 2021
China Soymeal: Sharp price falls amid tepid demand, ample availability (week ended Mar 8, 2021)
Over the week, prices of CBOT May soy futures strengthened 1.8%.
Monday, March 8, 2021
China Whey: Substantial price hikes on tight supply (week ended Mar 8, 2021)
Whey prices were stable during February after the sharp rise during first week of the month. However, entering March, the import costs of US products rose substantially, hence prompting traders to lift prices significantly amid tight avail ...
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