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Wednesday, September 14, 2022
Major Norwegian fisheries pay US$85 million price fixing settlement
Major Norwegian fisheries are now free from antitrust litigation relating to their alleged scheme to fix the price of farm-raised Atlantic salmon, following approval of their US$85 million settlement with salmon processors and other direct ...
Monday, September 12, 2022
FAO Cereal Price Index in August dropped 1.4% from July
The FAO Cereal Price Index in August was down 1.4% from July, but still 11% above its year-ago value.
Tuesday, September 6, 2022
Indonesia minister discusses with poultry breeders to increase chicken meat prices
Zulkifli Hasan, Indonesia's Trade Minister, met with representatives of chicken breeders from some associations and various poultry centres in Indonesia to discuss attempts to increase the price of chicken in the country, ANTARA News report ...
Tuesday, August 30, 2022
Malaysia's chicken ceiling price to remain at US$2.10 per kg
Alexander Nanta Linggi, Malaysia's Domestic Trade and Consumer Affairs Minister, said the government will maintain the current chicken ceiling price of MYR 9.40 (~US$2.10; MYR 1 = US$0.22) per kg, Malaysia Now reported.
Monday, August 29, 2022
Prices of eggs in Indonesia increase due to breeders' inability to meet demand, says industry official
Layer Poultry Indonesia Breeders president Ki Musbar Mesdi said that the prices of eggs in Indonesia had increased significantly mainly due to breeders' inability to meet demands.
Tuesday, August 23, 2022
University team gets grant to study price risk management tools for US beef cattle producers
A University of Tennessee Institute of Agriculture research team has been awarded a US$650,000 grant to explore innovative price risk management tools and ultimately help beef cattle producers in the United States make informed and effectiv ...
Monday, August 8, 2022
Food prices worldwide dropped in July following Ukraine-Russia agreement
Global food prices fell sharply in July, partly thanks to a deal between Ukraine and Russia lifting a sea blockade that had stopped Ukrainian grain shipments, a UN agency said on Friday.
Wednesday, August 3, 2022
China's 2020-21 feed market: Rising corn prices and using wheat as substitute
The price of corn in China surged from ¥1,870/tonne in January 2020 to ¥2,629 /tonne by the end of 2020, an increase of ¥759/tonne.
Wednesday, July 27, 2022
NCC: US consumers rely on chicken even as inflation affects prices
87% of US consumers are buying more or the same amount of fresh chicken now compared to six months ago, according to research presented on July 26 at the 2022 Chicken Marketing Summit, the National Chicken Council (NCC) said.
Tuesday, July 26, 2022
Plaintiffs' attorneys in major US pork price-fixing case receive US$34 million in legal fees
A federal judge in Minnesota state, US has approved a nearly US$34 million legal-fee award for plaintiffs' attorneys representing food distributors who claimed that major pork producers coluded for more than ten years to fix and raise price ...
Thursday, July 21, 2022
Agribusinesses want Philippine government to hike corn imports to control pork, chicken prices
Agribusiness stakeholders in the Philippines are urging the government to hike the country's corn imports in order to make up for the shortage in local supply and temper the increase in prices of pork and chicken.
Wednesday, July 20, 2022
Prices for beef 14% up in Australia's top supermarkets
Frugl Grocery, a comparison app, found that grocery price inflation increased 6.75% in the final quarter of the 2021-22 financial year at leading Australian supermarkets such as Coles and Woolworths, with beef prices up 14.6%, its highest y ...
Tuesday, July 12, 2022
Executives from US poultry firms found not guilty in price-fixing case
Executives from major US poultry companies Pilgrim's Pride and Claxton Poultry Farms were found not guilty for fixing prices in the poultry industry, Yahoo! Finance reported.
Friday, July 8, 2022
Norway earns over US$7 billion from seafood exports thanks to high salmon prices
The Norwegian Seafood Council said Norway earned a record NOK 71.1 billion (~US$7.047 billion; NOK 1 = US$0.099) from seafood exports in the first half of 2022, thanks largely to high salmon prices, Fish Information & Services reported.
Wednesday, July 6, 2022
Smithfield Foods to pay US$42 million to settle pork price-fixing lawsuit
US major pork producer Smithfield Foods is expected to pay US$42 million to restaurants and caterers to settle a pork price-fixing lawsuit, which alleges the firm is responsible for conspiring to inflate pork prices, the Associated Press re ...

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