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Wednesday, June 3, 2020
US Senate Finance Committee chairman says China will maintain commitments in Phase 1 trade deal
The chairman, Senator Chuck Grassley said Robert Lighthizer, US Trade Representative spoke with Liu He, China's Vice Premier and confirmed that China will maintain its commitments under the US-China Phase 1 trade deal, Reuters reported.
Wednesday, June 3, 2020
China Lysine Weekly: Producers stand firm (week ended Jun 1, 2020)
Lysine availability decreased as a producer halted operation for routine maintenance. With the costs of production high, producers were tempted to lift prices over the week although demand stayed slow.
Wednesday, June 3, 2020
China Methionine: Supply exceeds demand (week ended Jun 1, 2020)
Even as some producers halted operation for routine maintenance, supplies of methionine were plentiful due to capacity expansion of the industry. With demand slack as poultry prices stayed weak, feed producers withheld the purchases of raw ...
Wednesday, June 3, 2020
China ordered state firms to stop importing soybeans and pork?
After the US said it would end special trade treatment for Hong Kong to punish Beijing, China has made a retaliatory move by allegedly directing state-owned firms to stop importing soybeans and pork from the US, CNBC reported, citing as sou ...
Tuesday, June 2, 2020
China Soymeal Weekly: Market ends six-week tumble (week ended Jun 1, 2020)
Demand for soymeal showed little improvement while livestock prices stayed weak, hence curtailing the production of feed. However, soymeal prices, which have tumbled 14% since early April, consolidated higher as crushers stood firm poor ret ...
Tuesday, June 2, 2020
China Corn Weekly: High reserves sales weigh on prices (ended May 29, 2020)
As the government released 4 million tonnes of reserves corn for sale, which was high than market expectations, abundant availability exerted pressure on the market. Traders who held back releases recently were eager to clear inventories in ...
Tuesday, June 2, 2020
China confirms new ASF outbreak in Gansu
China confirmed a new outbreak of African swine fever near Lanzhou city in northwestern Gansu province, the Ministry of Agriculture and Rural Affairs said on Friday, reported Reuters.
Tuesday, June 2, 2020
First batch of Russia's frozen poultry meat reaches China
Russia's first batch of frozen poultry meat exports on a China-Europe freight train reached southwest China's Chongqing Municipality on Friday, according to Xinhua.
Tuesday, June 2, 2020
China's strip intercropping technology can boost Pakistan's crop
China's corn-soybean strip intercropping technology is suitable for Pakistan to help its corn and soybean yield to lessen the country's soybean imports and improve the nation's food security, Prof Yang Wenyu said, Technology Times reported.
Monday, June 1, 2020
Sanderson Farms: China will stop buying US chicken in June
Lampkin Butts, Sanderson Farms' president said China is unlikely to purchase chicken from the United States in June because it is recovering from the COVID-19 pandemic, Reuters reported.
Monday, June 1, 2020
China VD3: Poor demand sinks prices (week ended Jun 1, 2020)
Producers who were eager to clear piling inventories slashed prices lately to stimulate sales. Demand remained limited, however, as feed producers cut output while the livestock markets suffered severe price falls. Compared with a year ago, ...
Monday, June 1, 2020
China Fishmeal Weekly: Soft demand weakens prices (week ended May 29, 2020)
Demand for fishmeal from the aquaculture sector slowed as feed producers were reluctant to stock high inventories. As a result, port inventories of fishmeal expanded to 134,200 tonnes.
Saturday, May 30, 2020
China not to buy US chicken amid COVID-19 recovery
In a reversal from a recent surge of imports, China will be out of the market for US chicken in June as it recovers from the COVID-19 crisis, the president of Sanderson Farms Inc said on Thursday, reported Reuters.
Saturday, May 30, 2020
China's March dairy imports hike about 10%
According to New Zealand's Fonterra on Friday, the global dairy import volumes of China climbed 10.1% in March as the world's second-largest economy reopens after the COVID-19 lockdown, reported Reuters.
Friday, May 29, 2020
China bans pork imports from India
Authorities in China said the ban was imposed due to African swine fever (ASF), but state-run media linked the ban to border tensions, The Hindu reported.
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