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Tuesday, March 31, 2020
China's soybean crushers fear supply shortage
Chinese soybean processors fear the spread of COVID-19 in major exporting countries could lead to further supply shortages.
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.
Tuesday, March 31, 2020
China Corn Weekly: Market stays firm on tight availability(week ended Mar 27, 2020)
Buyers were cautious with purchases in the north as corn quality was not up to expectations with moisture content high. However, with supply limited, particularly in the south, corn prices remained firm during the period in review.
Monday, March 30, 2020
China VD3 demand robust amid supply shortage (week ended Mar 30, 2020)
Supply shortages continued to push vitamin D3 prices to rise prominently over the week. As the availability of gelatin was scarce due to production disruption, vitamin D3 producers and traders lifted prices while export demand expanded rapi ...
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.
Monday, March 30, 2020
China imports additional Brazilian beef in March
Industry sources said China, the biggest purchaser of Brazilian beef, is buying more after low purchase numbers in January and February 2020 because of COVID-19, reported Reuters.
Thursday, March 26, 2020
20,000 tonnes of frozen pork to be auctioned from China's state reserves
The China Merchandise Reserve Management Centre said an additional 20,000 tonnes of frozen pork will be auctioned on March 27, 2020, reported Reuters.
Thursday, March 26, 2020
China calls on local governments to store poultry and aquaculture products
The move is aimed at supporting the domestic agriculture sectors, which have been left reeling after the COVID-19 outbreak affected supplies and production, reported Reuters.
Wednesday, March 25, 2020
US meat group expands access for US pork, beef in China
Among the provisions negotiated in the US-China "Phase One" trade deal, the USDA Food Safety and Inspection Service (FSIS) has included expanded access for US beef and pork in its Export Library for China.
Wednesday, March 25, 2020
US and China make agriculture provisions inroads as part of their Phase 1 trade deal
The US Department of Agriculture (USDA) and US Trade Representative (USTR) listed measures taken to boost China's purchases of US agricultural products and China's tariff exemptions for those US agricultural products, reported Reuters.
Wednesday, March 25, 2020
China-based WH Group reported 32% jump in 2019 profits
The world's biggest producer of pork said the surge in profits was due to record high pork prices in China, which increased its exports from the US and boosted its China sales margins, reported Reuters.
Tuesday, March 24, 2020
China Lysine Weekly: Buyers limit lysine purchases (week ended Mar 23, 2020)
Prices of lysine remained firm in China, as producers limited production while the sales of animal feed were slow. Meanwhile, producers cut export price in a bid to stimulate demand while the global spreading of the Wuhan virus curtailed sa ...
Tuesday, March 24, 2020
China's pork imports rise 158% between January to February 2020
China's customs data showed pork imports hit 560,000 tonnes, a 158% increase as the country purchased additional pork in anticipation for the Lunar New Year celebrations, reported Reuters.
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.
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