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China Market
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.
Friday, August 28, 2020
China to standardise test kits for ASF
China's Ministry of Agriculture and Rural Affairs issued new rules on August 28 to standardise the production and use of diagnostic kits for African swine fever (ASF), Reuters reported.
Friday, August 28, 2020
China VB1 market shows signs of strengthening (week ended Aug 24, 2020)
Vitamin B1 producers stood for as profit margins were thin at current price levels. Prices showed signs of recovering while supplies tightened.
Thursday, August 27, 2020
Brazil requests proof that chicken wing shipment to China contains COVID-19 coronavirus
Brazilian agriculture attachés at Shenzhen, Guangdong province requested Chinese authorities to provide laboratory results confirming exports of frozen chicken wings were detected with COVID-19 coronavirus traces, Reuters reported.
Thursday, August 27, 2020
US and China reaffirmed Phase 1 trade deal commitment through phone call
Trade officials from the United States and China reasserted their commitments outlined in both countries Phase 1 agreement signed earlier this year, even as China has far from fulfilling its pledge to buy more US agricultural goods, Reuters ...
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