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China Market
Tuesday, September 8, 2020
China Fishmeal: Prices dip further (week ended Sep 4, 2020)
CNF prices of Peruvian prime-grade fishmeal increased to US$1,590/tonne. Pre-sales FOB prices rose to US$1,470/tonne.
Tuesday, September 8, 2020
China Corn: Traders release stocks to reap gains (week ended Sep 4, 2020)
Traders who stocked corn inventories earlier were more eager to release stockpiles as prices slid with availability increased.
Saturday, September 5, 2020
China further sells 20,000 tonnes of frozen pork from state reserves
China auctioned 20,000 more tonnes of frozen pork from its state reserves on Friday, Sept. 4, the China Merchandise Reserve Management Center said on Tuesday, Reuters reported.
Thursday, September 3, 2020
China facing food security issues over corn shortage
Rising corn prices are fueling food security concerns in China, with food inflation rising to record levels and President Xi Jinping calling for a stop to food wastage, Reuters reported.
Thursday, September 3, 2020
China purchases 480,000 tonnes of US soybeans for December-January shipment
State-owned Chinese companies have purchased eight cargoes, or about 480,000 tonnes of soybeans from the United States to be shipped in December and January, according to two US traders, Reuters reported.
Wednesday, September 2, 2020
China Live Hog: Tight availability underpins China hog prices (week ended Aug 28, 2020)
Hog prices consolidated higher despite higher releases. As supplies remained 14% lower on-year, price falls of hog showed signs of stabilising while slaughterhouses stocked inventories in view of stronger pork demand from canteen operators.
Wednesday, September 2, 2020
China Broiler: AA broiler market stays firm amid high hog prices (week ended Aug 28, 2020)
Slaughterhouses continued to expand chicken inventories, albeit more prudently after prices moved higher. With hog prices staying high and likely to surge further, demand for chicken products remained promising hence lending support to AA b ...
Wednesday, September 2, 2020
China's Inner Mongolia to invest US$60 million into dairy industry
North China's Inner Mongolia Autonomous Region will invest 400 million yuan (~US$58.7 million) to promote the development of its dairy industry, according to the regional department of agriculture and animal husbandry, Xinhua reported.
Tuesday, September 1, 2020
China Whey: Prices stay firm on tight supply, improved demand (week ended Aug 31, 2020)
Imports of whey decreased lately, lending support to¬ the market. Meanwhile, as piglet population expanded demand for whey improved modestly.
Tuesday, September 1, 2020
China Soymeal: Global soy futures rally underpins China soymeal market (week ended Aug 31, 2020)
Over the week, prices of CBOT November soy futures surged a whopping 5%, hitting seven month highs amid speculations of low harvests in the US due to dry climates.
Tuesday, September 1, 2020
China Corn Weekly: Prices continue to fall from high levels (week ended Aug 28, 2020)
Corn prices moved lower in most parts of China as releases of state reserves corn increased. Traders who accumulated stocks in view of supply shortages in the coming period turned cautious while prices softened.
Tuesday, September 1, 2020
China Fishmeal Weekly: Rising supply, weaker prices (week ended Aug 28, 2020)
CNF prices of Peruvian prime-grade fishmeal stayed at US$1,480/tonne. Pre-sales prices remained at US$1,450/tonne.
Tuesday, September 1, 2020
Muyuan cooperates with Chinese authorities over land probe
Muyuan Foodstuff Co., China's second-largest swine producer, said it is co-operating with local authorities on an investigation into acquisition of farmland to expand herds, BNN Bloomberg reported.
Monday, August 31, 2020
Only locally sourced meat at Taiwan's schools despite move to end import ban of US meat
Taiwan will only allow locally sourced pork and beef to be served at schools in the country, said its Ministry of Education (MOE).
Saturday, August 29, 2020
China further sells 10,000 tonnes of frozen pork from state reserves
China further auctioned 10,000 tonnes of frozen pork from its state reserves on Friday, Aug. 28, as announced by the China Merchandise Reserve Management Centre on Tuesday.
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