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Tuesday, April 21, 2020
China Soymeal Weekly: Market under pressure (week ended Apr 20, 2020)
As China's economy is expected to enter a recession due to the Wuhan coronavirus pandemic, feed producers withheld purchases of soymeal while hog feed consumption was only a fraction of previous years'. Hence, even as crushing volumes were ...
Tuesday, April 21, 2020
China Corn Weekly: Slow yet steady price hikes (week ended Apr 17, 2020)
Corn prices showed no signs of stabilising in China as supplies continued to tighten. Nonetheless, prices hikes were gradual as weak poultry feed demand dampened the confidence of feed producers.
Tuesday, April 21, 2020
China Fishmeal Weekly: Market stays stable amid cautious mood (week ended Apr 17, 2020)
Demand for fishmeal was stable but aqua feed producers stayed prudent with purchases. Traders held prices unchanged while the import costs of Peruvian fishmeal softened of late.
Tuesday, April 21, 2020
China projected to import more soybeans and pork in 2020
Soybean imports projected to reach 92.48 million tonnes in 2020, with pork imports increasing 32.7% from last year to 2.8 million tonnes this year, reported Reuters.
Monday, April 20, 2020
Vietnam's agriculture trade with China drops 7% on-year
Due to the COVID-19 pandemic, Vietnam's farming, forestry and fishery trade with China dropped about 7% on-year to US$2.2 billion in the first quarter of this year.
Monday, April 20, 2020
China reports ASF in Jiangsu province
The agriculture ministry of China confirmed on Friday a new case of African swine fever in the eastern province of Jiangsu.
Monday, April 20, 2020
China's agriculture industry faces ASF and COVID-19 challenges this year
An official from the agriculture ministry said the country's farm and market operations will be affected by African swine fever (ASF) and imported COVID-19 cases, reported Reuters.
Saturday, April 18, 2020
New virus kills China's shrimps, alerts Indian producers
A new virus, known as Decapod iridescent virus 1, or DIV1, is destroying shrimp farms in Guangdong province in China, while Indian shrimp producers are also being put on high alert.
Thursday, April 16, 2020
China Methionine: Prices rise further with supply tight (week ended Apr 13, 2020)
As the availability of methionine from Southeast Asia remained low while feed producers stocked inventories amid fears of supply shortages, methionine prices continued to rise substantially over the week.
Thursday, April 16, 2020
China Methionine: Prices rise further with supply tight (week ended Apr 13, 2020)
As the availability of methionine from Southeast Asia remained low while feed producers stocked inventories amid fears of supply shortages, methionine prices continued to rise substantially over the week.
Thursday, April 16, 2020
China Lysine Weekly: Market lacks momentum (week ended Apr 13, 2020)
Supplies of lysine tightened as producers limited output with ingredients costs high and the prospects of global demand remained uncertain due to the Wuhan coronavirus pandemic. Meanwhile, strengthened soymeal prices encouraged the sages of ...
Thursday, April 16, 2020
China Soymeal Weekly: Prices consolidate lower after 14% rally (week ended Apr 13, 2020)
Prices softened lately. Over the week, prices of CBOT July soy futures closed 1.3% higher.
Wednesday, April 15, 2020
10,000 tonnes of pork from China's state reserves to be auctioned
The China Merchandise Reserve Management Center said a further 10,000 tonnes of frozen pork from China's state reserves will be auctioned on April 16, 2020, reported Reuters.
Wednesday, April 15, 2020
China's pork imports up three times higher on March 2020
According to customs data, China's pork imports close to tripled in March to record highs compared to year prior, attributed to supply deficits caused by the African swine fever (ASF), reported Reuters.
Tuesday, April 14, 2020
Beef exports to China expected to decrease
The global beef industry is affected by COVID-19 imposed closures of hotpot chains, restaurants and steakhouses after major exporter boosted supplies to meet increased demand from China, reported Reuters.
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