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Monday, March 23, 2020
China Fishmeal Weekly: High import cost, improved demand underpin prices (week ended Mar 20, 2020)
Demand for fishmeal from the aquaculture sector expanded, lending support to the market. Hence, even a port inventories increased 2.3% to 153,900 tonnes, traders lifted prices amid high import costs.
Monday, March 23, 2020
First ocean farm ships off Yantai, China
The first of Nordlaks' ocean farms is off the dock in Yantai, China, arriving in Norway this coming summer.
Friday, March 20, 2020
China's poultry and egg output this year on par with 2019
Wei Hongyang, a Ministry of Agriculture and Rural Affairs' animal husbandry and veterinary bureau official said production in 2020 is expected to be the same as last year, even with disruptions caused by COVID-19, reported Reuters.
Friday, March 20, 2020
China's pork producers reporting increased revenue amid COVID-19 outbreak
Companies such as Muyuan Foods said they are experiencing record revenues even with lower production volumes because of rising pork prices, reported Nikkei Asian Review.
Friday, March 20, 2020
African swine fever outbreak reported in wild boar at Hubei, China
China's Ministry of Agriculture and Rural Affairs (MARA) discovered African swine fever (ASF) among seven dead wild boar at the Shennongjia Forestry District in Hubei Province, reported The Epoch Times.
Friday, March 20, 2020
China's beef imports soars as US beef producers await trade deal
The Office of the US Trade Representative (USTR) announced in mid-December that the US and China reached a "Phase One" trade deal that could significantly improve access for US beef in the latter.
Thursday, March 19, 2020
Additional 20,000 tonnes of frozen pork to be auctioned from China's state reserves
This makes 350,000 tonnes of frozen pork released since December 2019 as China continues to grapple with dwindling domestic pork supplies, reported Reuters.
Thursday, March 19, 2020
China Lysine Weekly: Output shrinks amid ample supply, cautious demand (week ended Mar 16, 2020)
As the availability of lysine were ample with deliveries returning to normal levels, prices remained unchanged. Feed producers held back purchases in view of weak hog feed demand due to low animal population. Meanwhile, Shandong CJ has halt ...
Thursday, March 19, 2020
Some lessons for the global feed and livestock industry from China's handling of COVID-19
Since end January 2020 when COVID-19 broke out in China, in order to control the epidemic, Beijing implemented a slew of compulsory measures, including restricting vehicular and human traffic and transportation, shutting shopping malls and ...
Wednesday, March 18, 2020
China Choline producers cut prices amid lower output costs (week ended Mar 16, 2020)
Choline chloride prices continued to fall as lower raw ingredients costs allowed producers to slash prices to stimulate sales. Demand improved lately with prices softer and the production of aqua feed gaining momentum.
Wednesday, March 18, 2020
Tight China Folic supply, strengthening buying interest (week ended Mar 16, 2020)
Folic acid market strengthened as production was limited, prompting several producers to halt price releases. Demand warmed up while feed producers increased stockpiles amid concerns of supply shortages.
Wednesday, March 18, 2020
China Vitamin K3 prices surge 40%in five weeks (week ended Mar 16, 2020)
Vitamin K3 prices continued to rise for the consecutive fifth week, accumulating a rise of 40% over this period. With the costs of raw ingredients staying strong, producers lifted prices in order to sustain profit margins.
Tuesday, March 17, 2020
China calls for local companies to build swine farms overseas
Local authorities are urged to support qualified domestic companies to raise swine overseas for export back to China in a bid to supplement dwindling domestic pork supplies, reported Reuters.
Tuesday, March 17, 2020
China vitamin B1 supply rises as one producer resumes operation (week ended Mar 16, 2020)
Supplies of vitamin B1 increased as the producer in Wuhan, the epicentre of the coronavirus pandemic, resume operation, albeit with limited production. Consequently, prices softened further from near-historic high levels.
Tuesday, March 17, 2020
China Corn Weekly: Market stays firm(week ended Mar 13, 2020)
Prices of corn remained firm in most regions despite falling considerably in some provinces. Deep processors continued to expand corn inventories, hence lendingsupport to the market. Nonetheless, with livestock feed consumption staying slow ...
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