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Wednesday, June 17, 2020
Australia's cattle prices to increase on output, exports drop
Over the next 12 months, cattle saleyard prices are anticipated to climb by 4% on average as low supply constrains production and export volumes, Australia's agricultural bureau released today, Beef Central reported.
Tuesday, June 16, 2020
AB Vista appoints new technical services member
AB Vista has announced the appointment of Dr. Michelle Stewart as member of its Technical Services team.
Monday, June 15, 2020
Pilgrim's Pride CEO on leave of absence due to US DoJ chicken price-fixing indictment
Pilgrim's Pride president and chief executive officer Jayson Penn has gone on a leave of absence to concentrate on his alleged involvement over a US chicken price-fixing case by the US Department of Justice (DoJ), Reuters reported.
Monday, June 15, 2020
Canadian meat product prices rise due to COVID-19
With meat plants closed due to COVID-19, meat product prices have surged, resulting in the first increase of Canadian producer prices in 2020, Reuters reported.
Monday, June 15, 2020
Philippines voices assurance to keep pork prices under control
The office of Philippines President Rodrigo Duterte has assured the country that the administration will keep pork prices from rising due to tight supply induced by the COVID-19 pandemic.
Friday, June 12, 2020
US beef prices surge as food inflation soar highest in over eight years
The US food inflation rate hit 4% in May, with beef price recording its largest one-month increase ever, said the Bureau of Labor Statistics on Wednesday, Agriculture reported.
Friday, June 12, 2020
USDA sees improvement in dairy prices
As farmers increase cow numbers and milk output, USDA is expecting a continued turn around for dairy prices, Brownfield Ag News reported.
Friday, June 12, 2020
Argentina's takeover of Vicentin may hasten Glencore's bid
Glencore's planned bid to purchase the remaining stake in its Argentine soy crushing joint venture Renova will likely be scuttled by the government's plan for a state takeover of Vicentin, two sources reported to Reuters.
Friday, June 12, 2020
US meat production has resumed but consumer prices likely to remain high
Meat production in the United States has reached pre-COVID-19 levels after plants were temporarily shut down due to the pandemic, but experts say consumer prices will remain high levels while it may take months for plants to go though a bac ...
Thursday, June 11, 2020
Tyson Foods cooperates with US justice department in price-fixing probe
Tyson Foods Inc was cooperating with the US Department of Justice (DoJ) on a price-fixing investigation in the poultry sector, under a corporate leniency programme, the company said on Wednesday, Reuters reported.
Wednesday, June 10, 2020
China Lysine Weekly: China Lysine: Prices stable but lack momentum (week ended Jun 8, 2020)
Producers were reluctant to negotiate lysine prices as the costs of production stayed high due to low availability of corn. Nonetheless, a handful of traders were willing to cut prices marginally on a case-by-case basis to move sales.
Tuesday, June 9, 2020
Global dairy prices start to ease
Dairy prices worldwide are settling down after the COVID-19 pandemic triggered a hike in prices, Rural News Group reported.
Tuesday, June 9, 2020
Soaring US beef prices may settle down soon
US beef prices are now at their highest since drought devastated the nation's beef herd in 2014, but are seen to settle down soon, said the National Cattlemen's Beef Association's chief executive, The Meadville Tribune reported.
Tuesday, June 9, 2020
Argentina government takes over soy crusher Vicentin
Argentina President Alberto Fernandez said the government will purchase bankrupt Vicentin in order save jobs and protect Argentina's food exports, Reuters reported.
Tuesday, June 9, 2020
China Biotin prices 320% higher on-year despite price falls (week ended Jun 5, 2020)
Biotin market weakened as sales were sluggish in China with prices high and the livestock markets underperforming.
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