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Tuesday, December 20, 2022
US beef prices still historically high, economist notes
US retail beef prices are lower than a year ago, but prices remain historically higher as inflationary challenges affect the overall US economy and fewer cows heading into 2023 were projected, according to a Texas A&M AgriLife Extension ...
Tuesday, December 13, 2022
China Corn: Cautious mood, higher supply soften prices (week ended Dec 12, 2022)
After rising over 3% in six weeks, corn prices softened lately as more farmers were enticed to release inventories with prices higher. Buyers were cautious with purchases as the economic outlook of China remained uncertain.
Thursday, November 24, 2022
High grain prices shape Chinese poultry producers' feed usage in 2022
Since 2020, China's corn and soybean meal prices have increased to higher levels seen in recent times.
Tuesday, November 22, 2022
Russian wheat prices decline
Analysts said Russian wheat prices have declined following an extension to the Black Sea agreement allowing shipments of Ukrainian grain, Business Recorder reported.
Friday, November 18, 2022
Canada turns to US corn to feed as cattle as domestic barley feed prices surge
Canadian cattle ranchers have purchased more US corn to feed their livestock as domestic barley prices surge because of high demand, Bloomberg reported.
Tuesday, November 15, 2022
US egg prices are rising but chicken prices are declining
Egg prices in the US are surging at their fastest pace in decades, but chicken prices have dropped in October, primarily because of a severe bird flu outbreak in the country that has killed many many egg-laying hens but left chickens raised ...
Monday, November 7, 2022
Cattle prices in the EU on the rise because of lower output
Deadweight cattle prices in the European Union have increased since late-2021 because of declining output year-on-year, with the largest production declines in Germany and France, the UK Agriculture and Horticulture Development Board report ...
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 ...
Monday, October 31, 2022
Wheat prices go up as Russia suspends involvement in safe-passage shipping deal
Wheat prices surged as Russia announced that it has suspended its participation in a safe-passage deal for Ukraine commodity exports, even though Ukrainian ships loaded with crops have set sail, as Moscow said shipments are riskier without ...
Wednesday, October 26, 2022
Tyson Foods to pay US$10.5 million to settle poultry price-fixing lawsuit
Major US meatpacker Tyson Foods will pay US$10.5 million to settle a class action lawsuit that alleges the company increased poultry prices in the US state of Washington since 2008, Food Dive reported.
Thursday, October 20, 2022
Malaysia's chicken ceiling price stays at US$1.99
Malaysia's Ministry of Domestic Trade and Consumer Affairs (KPDNHEP) said chickens are being sold below the current ceiling price of MYR 9.40 (~US$1.99; MYR 1 = US$0.21) per kg, Malay Mail reported.
Thursday, September 29, 2022
Smithfield Foods agrees to pay US$75 million in price-fixing settlement
Smithfield Foods has agreed to pay US$75 million to settle a consumer lawsuit that accused Smithfield foods and other major meat producers of price-fixing pork prices by restricting supply in the US$20 billion per year US pork sector, Reute ...
Thursday, September 22, 2022
JBS to pay US$20 million for US pork price inflation lawsuit
JBS has agreed to pay US$20 million to settle a lawsuit with US consumers that accused the giant meat producer of conspiring with other meat companies to inflate the price of pork.
Tuesday, September 20, 2022
Avian influenza could curtail poultry production in US, leading to higher prices, economist notes
The United States Department of Agriculture (USDA) has raised chicken production for 2022 and 2023, and lowered prices in its latest Supply and Demand report, but University of Missouri ag economist Scott Brown said there is more to the sto ...
Thursday, September 15, 2022
India cattle feed prices up because of GST imposed on by-products
Cattle feed prices in India have increased due to the 5% GST levy imposed on by-products of pulses such as supplements and husks which are later processed into cattle feed, as millers urge India Finance Minister Nirmala Sitharaman to remove ...
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