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Friday, May 29, 2020
Synlait Milk cuts dairy price estimate as COVID-19 clouds market
Synlait Milk lowered its milk price estimate for the current season on Thursday, due to lower dairy prices along with a global slump in commodity prices amid the COVID-19 crisis, Reuters reported.
Thursday, May 28, 2020
Poultry and egg prices in China on the downtrend
China's poultry and egg prices have decreased due to low demand coupled with higher inventories, Reuters reported.
Wednesday, May 27, 2020
China Broiler Weekly: Prices slide at a slower pace (week ended May 22, 2020)
Weekly AA broiler prices continued to fall, despite showing signs of stabilising by end of the week. Release volumes continued to expand while slaughterhouses remained prudent.
Wednesday, May 27, 2020
China Broiler Weekly: Hybrid broiler prices halved in six weeks (week ended May 22, 2020)
Demands for live chickens were tepid, sending prices of native broilers plunging amid excess supplies. Chick markets remained weak as farmers were reluctant to build inventories.
Wednesday, May 27, 2020
China Live Hog Weekly: Supply surge, demand drop sink prices (week ended May 22, 2020)
Hog releases increased substantially with inventories expanding, hence dragging prices tremendously lower amid weak demand for pork. As China's economic outlook looked grim, consumers cut the consumption of pork, which remained costly. Mean ...
Wednesday, May 27, 2020
China Methionine: Subdued demand drags down prices (week ended May 25, 2020)
Feed producers limited the purchases of methionine while the prices of poultry products were weak. Overseas demand softened as well as buyers who have stocked ample inventories withheld buying. Prices weakened with demand slackened and supp ...
Wednesday, May 27, 2020
Bangladesh poultry production, prices drop amid anemic demand during pandemic
Production of poultry meat and eggs in Bangladesh has decreased by at least 50% as a result of the coronavirus pandemic, Poultry World reported.
Tuesday, May 26, 2020
Field-based portable device can prevent swine disease spread
The SWINOSTICS (Swine diseases field diagnostics toolbox) project has been building a portable diagnostic device to detect swine viral diseases in just a few minutes, Phys.org reported.
Tuesday, May 26, 2020
China Corn Weekly: Prices soften as traders clear stocks (ended May 22, 2020)
Corn availability remained limited although traders attempted to clear stocks as the government is expected to release state reserves for auction soon. Demand wise, feed millers were less keen to stock inventories with transportation costs ...
Tuesday, May 26, 2020
China Fishmeal Weekly: Traders cut prices to move sales (week ended May 22, 2020)
As the sales of fishmeal were slow while the preliminary fish catch for the new season was high, traders negotiated prices in efforts to entice buyers. Port inventories of fishmeal decreased to 129,900 tonnes as more feed producers placed o ...
Saturday, May 23, 2020
China sees no spike in pork prices with ASF threat
While African swine fever remains a severe threat to China's hog production, the nation will not see a huge rise in pork prices, Han Changfu, Minister of Agriculture and Rural Affairs, said Friday, Reuters reported.
Saturday, May 23, 2020
UK's March beef export prices drop, volumes unchanged
UK exports of fresh and frozen beef in March were almost unchanged in volume against the year before, whereas values fell, AHDB reported.
Friday, May 22, 2020
Fonterra cuts farmgate milk prices as COVID-19 strikes demand
Fonterra, the world's largest dairy exporter, cut the price it pays farmers for milk for the upcoming season with collapsing demand due to COVID-19 restraints, Reuters reported.
Wednesday, May 20, 2020
China Methionine: Limited sales put a lid on prices (week ended May 18, 2020)
Methionine sales remained limited, despite expanding poultry inventories, as feed producers were reluctant to stockpiles inventories. Supplies decreased while producers gradually halted production for routine maintenance.
Tuesday, May 19, 2020
Rising costs lift China threonine prices (week ended May 18, 2020)
As the production costs increase with corn prices surging, threonine producers lifted prices to cover expenses. Growing poultry feed consumption lent support to the sales of threonine, hence helping to support the price hikes.
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