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Wednesday, July 6, 2022
US beef and pork prices declined in May, but expected to rise again
Beef and pork producer prices in the US declined in May this year, but prices are expected to bounce back due to increased slaughter later this year, Bloomberg reported.
Monday, July 4, 2022
Chicken prices in Malaysia set at US$2.13 from July 1
The Malaysian government has announced the new chicken ceiling price capped at MYR 9.40 (~US$2.13; MYR 1 = US$0.23) per kg from July 1, up from the previous ceiling price of MR 8.90 (~US$2.02) per kg, Free Malaysia Today reported.
Monday, June 27, 2022
Piglet prices to be at US$71.82 for sow farmers in Netherlands to break even
Piglet prices in the Netherlands would need to reach €68 (US$71.82) per piglet in order for sow farmers to break even due to the rising cost of feed and energy, according to Rabobank.
Thursday, June 9, 2022
Shares for US poultry producers like Pilgrim's Pride drop over price fixing allegations
Shares for major US poultry producers such as Pilgrim's Pride fell as former executives of the companies were accused of price fixing allegations, Seeking Alpha reported.
Friday, June 3, 2022
China AA Broiler: Chick prices plunge amid crushing confidence (week ended Jun 1, 2021)
Demand for AA broiler shrank further while los hog prices enticed consumers to increase pork consumption and cut chicken intake.
Friday, May 20, 2022
US Federal Trade Commission urged to investigate beef firms for price fixing
US Senators Elizabeth Warren and Mike Rounds have introduced a bipartisan resolution urging the Federal Trade Commission to investigate major US beef firms for alleged price fixing, Reuters reported.
Wednesday, May 11, 2022
Thai swine farmers to maintain pork prices at US$2.89 per kg
Suntraporn Singriwong, chairman of Thailand's Northern Pig Producers Association, said swine farmers around the country have agreed to maintain pork prices at THB 100 (~US$2.89; THB 10 = US$0.29) per kg to help consumers affected by the eco ...
Wednesday, May 11, 2022
Tyson Foods raises its full-year sales outlook as US meat prices rise
Major US meat firm Tyson Foods has raised its full-year sales outlook as rising meat prices in the country pushed its quarterly revenue and earnings above projections, Reuters reported.
Monday, May 9, 2022
Ghana poultry farmers leaving business due to rising feed prices
Victor Oppong Adjei, president of the Ghana National Association of Poultry Farmers, said some of its farmers are leaving the business due to rising feed prices, GhanaWeb reported.
Wednesday, May 4, 2022
National Beef says US beef prices set to increase
Major US meatpacker National Beef, owned by Brazilian giant Marfrig Global Foods, said US beef prices are expected to increase in the months ahead, Bloomberg reported.
Wednesday, April 27, 2022
Wheat prices in Russia continue to rise thanks to exports
The IKAR agriculture consultancy said Russian wheat prices have continued to rise thanks to ongoing exports from its Black Sea ports, with prices up US$10 to US$380 free on board (FOB) for wheat with 12.5% protein content, Reuters reported.
Monday, April 18, 2022
Egg prices rising due to bird flu and Russia's invasion into Ukraine
As Russia's invasion into Ukraine affects grain exports to Europe and the Middle East, severe outbreaks of avian flu in the United States and France are also limiting global egg supply and hiking costs for the food staple, Reuters reported.
Wednesday, April 13, 2022
Ireland's swine industry affected by rising grain and protein prices
Meat Industry Ireland (MII) informed the Irish government that the country's swine industry is losing EUR 15 million (~US$16.2 million; EUR 1 = US$1.08) monthly due to rising grain and protein prices, The Times reported.
Tuesday, April 12, 2022
US egg prices have increased 56%
Egg prices in the US have increased 56% due to rising wheat and corn prices caused by drought conditions in the country and Russia's invasion into Ukraine, especially as both counties are key global grain producers, CBS News reported.
Monday, April 4, 2022
US Justice Department dismiss chicken price-fixing charges
The US Justice Department urged a Denver federal court to dismiss price-fixing charges that were filed against five executives of chicken producing firms following two mistrials that focused on competition in the US$65 billion poultry indus ...
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