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Wednesday, April 8, 2020
China calls on citizens against rice hoarding
Following a recent ban on new export sales by Vietnam sparked concerns over global supplies, government officials in China, the world's biggest consumer and producer of rice, called on citizens not to hoard rice.
Wednesday, April 8, 2020
Perstorp Animal Nutrition appoints Vilson Simon as vice president for the Americas
Simon joined Perstorp on April 6 and reports directly to Perstorp Animal Nutrition executive vice president Roger Mann.
Wednesday, April 8, 2020
China Soymeal Weekly: Dwindling availability, strong demand lift prices (week ended Apr 6, 2020)
Prices continued to surge. Over the week, prices of CBOT May soy futures dropped 1.8% amid concerns of poor demand due to the Wuhan coronavirus pandemic.
Tuesday, April 7, 2020
China Corn Weekly: Strengthening prices amid dwindling availability (week ended Apr 3, 2020)
Corn prices strengthened while deep processors restocked depleting inventories as supplies dwindled. Traders withheld releases as in view of stronger prices while feed millers limited buying cautiously with livestock feed consumption slow.
Friday, April 3, 2020
Consumer demand put pressure on EU cattle prices
In the past four months, deadweight cattle prices across Europe have largely been increasing and returning towards more long term averages.
Wednesday, April 1, 2020
Icelandic firm offers new tech as frozen fish sales surge
Amid the outbreak of the novel coronavirus and resulting lockdowns, the demand for fresh fish has plummeted, while that for frozen seafood has risen sharply. According to Intrafish, the US market alone is seeing double-digit growth in canne ...
Tuesday, March 31, 2020
China Methionine: Tightened availability sparks concerns, lifts prices (week ended Mar 30, 2020)
As CJ's plant in Malaysia cut production due to the Wuhan coronavirus pandemic while local producers halted price releases, methionine prices surged amid concerns of supply shortages. Buyers eagerly placed orders to secure supplies although ...
Tuesday, March 31, 2020
China Soymeal Weekly: Prices surge 16% since mid-February (week ended Mar 30, 2020)
In China, prices of soymeal climbed further with crushing volumes shrinking. Since the Chinese New Year holidays ended in mid-February, soymeal prices have surged 16% although feed demand remained weak due to low animal population.
Monday, March 30, 2020
China Fishmeal Weekly: Prices strengthen amid falling availability (week ended Mar 27, 2020)
Supplies of fishmeal dwindled with port inventories shrinking to 151,600 tonnes. With demand stable, traders lifted prices in anticipation of limited availability from Peru's fish harvest uncertain.
Friday, March 27, 2020
US beef prices hike as cattle futures soar
On 23 March, US live cattle futures rose to their daily limit as strong packer margins, thereby increasing wholesale beef prices and expectations of higher cash cattle prices emerge this week.
Friday, March 27, 2020
US eggs reach record high prices from surging demand due to COVID-19
The Urner Barry market reporting service said Midwest large eggs wholesale prices reached US$3.09 / dozen, three times higher compared to early March, reported Reuters.
Friday, March 27, 2020
Vietnamese province's shrimp producers reeling from pandemic as prices drastically fall
Shrimp exporters and farmers in Ca Mau in Vietnam, which is one of the country's top five shrimp-producing provinces, are feeling the pinch due to the COVID-19 pandemic, with prices falling by over 50%.
Wednesday, March 25, 2020
Iceland farmed fish quota increases by 34,000 tonnes
Iceland has significantly increased the amount of farmed fish that can be produced annually in the country by 34,000 tonnes.
Tuesday, March 24, 2020
China Choline chloride prices weaken further (week ended Mar 23, 2020)
Choline chloride producers continued to lower prices while the costs of production stayed low. With prices lower and the production of aqua feed expanding, sales of choline chloride increased lately.
Tuesday, March 24, 2020
China Soymeal Weekly: Prices soar on dwindling availability (week ended Mar 23, 2020)
As soy imports were limited during March, several crushers halted operation resulting in tightened availability. Feed millers eagerly stocked soymeal inventories amid concerns that supplies might be scarce should soy shipments drop further.
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