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Monday, May 18, 2020
China urges trading firms and food processors to boost grain and oilseed inventories
The country is preparing for a second wave of COVID-19 cases and how it could affect global supply lines, reported Reuters.
Monday, May 18, 2020
China Fishmeal Weekly: Prices stay stagnant despite falling availability (week ended May 15, 2020)
Port inventories of fishmeal diminished further to 131,600 tonnes amid low imports. However, fishmeal prices stayed unchanged, despite dwindling supplies, as prudent feed producers limited buying.
Saturday, May 16, 2020
China aquaculture veers toward higher-value species
China is going the direction of aquaculture modernisation, including the development of new state-of-the-art aquaculture facilities and a shift in strategy from mass production of low-value species like carp and tilapia to higher-value spec ...
Saturday, May 16, 2020
China eyes bumper summer grain crop
This year, China is expected to gather an abundant summer grain harvest, as a result of government efforts to maintain a stable grain production, an official said Thursday, reported Xinhua.
Saturday, May 16, 2020
China set to speed up purchasing US agriculture products
To implement the Phase 1 trade deal with the US, China is eyeing to move forward in the purchasing of US agricultural products, an executive at COFCO stated on Thursday, reported Reuters.
Friday, May 15, 2020
Brazil soybean exporters benefit from China's recovery from African swine fever
Brazil is benefiting from China's recovery from African swine fever, as three-fourths of its soybean exports in March were gobbled up by the East Asian country, according to the state-run Xinhua News Agency, as reported by Caixin on Thursda ...
Friday, May 15, 2020
China allocates more grain import quotas to boost purchases
In a bid to step up US farm purchases and comply with global trade rules, China is allotting more low-tariff import quotas for corn this year and may expand its use of wheat quotas, three sources reported to Reuters.
Thursday, May 14, 2020
Popeyes pushes with China expansion amid virus
Fried chicken chain Popeyes continues with its first outlet's opening in China even with the COVID-19 outbreak and eyes to set up a few more by the end of 2020 in various Chinese cities, its executives said to Reuters.
Wednesday, May 13, 2020
China stops importing beef from four Australian companies
The import suspension comes as a dispute over the COVID-19 pandemic among both countries has resulted in issues concerning key agricultural commodities, reported Reuters.
Wednesday, May 13, 2020
US meat exports to China soar while local consumers face shortfall
While the nation's consumers are facing food supply shortages, US meat processing plants have increasingly been exporting to China, a Reuters analysis of government data showed.
Wednesday, May 13, 2020
China bans four Australian meat processing plants
China has banned four major Australian slaughterhouses, which are understood to specifically relate to issues on labelling and health certificate requirements, reported Queensland Country Life.
Tuesday, May 12, 2020
China Methionine: Imminent supply rise exerts pressure on market (week ended May 11, 2020)
Methionine prices showed signs of weakening with new facilities of local producers, including NHU and Unisplendour, set to commence operation soon. As a result, even as imports of methionine decreased due to the Wuhan coronavirus pandemic, ...
Tuesday, May 12, 2020
China Soymeal Weekly: Traders clear stocks amid soft demand (week ended May 11, 2020)
Despite stronger CBOT soy prices, soymeal market weakened in China. Trade was light as feed producers limited buying in anticipation of weak prices. Meanwhile, several traders negotiated prices to clear stocks in preparation for the upcomin ...
Tuesday, May 12, 2020
China Lysine Weekly: Low ingredient availability limits production (week ended May 11, 2020)
Lysine production remained tight as several producers halted operation. One producer is expected to resume production in late May while another would start operation earliest in June. Meanwhile, corn availability stayed limited as the gover ...
Tuesday, May 12, 2020
China Fishmeal Weekly: Market stays firm amid lower inventories (week ended May 8, 2020)
Port inventories of fishmeal decreased to 136,200 tonnes, as feed producers accumulated stocks prudently. Traders stood firm as import costs stayed high with Peru's upcoming fishing quota uncertain.
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