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Monday, April 19, 2021
JBS to pay US$13 million to settle proposed pork price-fixing class action
Major meatpacker JBS SA will pay nearly US$13 million to settle a proposed pork price-fixing class action by retailers and restaurants, following settlement deals with wholesalers and consumers that amounted to US$45 million, Bloomberg repo ...
Monday, April 19, 2021
Prices of US beef, cattle on upward trend as US economy recovers from pandemic
US beef and beef cattle prices are undergoing an upward trend as the US economy emerges from a year-long pandemic, according to Adam Russell of the Texas A&M AgriLife Extension Service.
Thursday, March 4, 2021
Irish Farmers' Association to hold online meeting addressing unjustified beef prices in Ireland
The Irish Farmers' Association (IFA) will hold an online meeting on March 9 for beef farmers to discuss the seriousness of unjustified beef price divergence in Ireland.
Thursday, February 25, 2021
Belarus levies price restrictions on 62 products such as pork and beef in inflation battle
The Belarus government has levied price restrictions on 62 products including pork and beef, as well as 50 medicines as the country battles increasing inflation, Reuters reported.
Thursday, February 11, 2021
Nigeria's poultry industry faces spike in soybean prices
The price of soybean in Nigeria, a major ingredient used for poultry feed, has almost doubled in 2020, according to a market survey by Premium Times.
Wednesday, February 3, 2021
Impossible Foods cuts prices for its plant-based meats in the US, Canada, Singapore, and Hong Kong
Impossible Foods said it will cut prices off its plant-based meats at grocery stores in the United States, Canada, Singapore, and Hong Kong as the company boosts production and aims to undercut prices for regular ground beef, Reuters report ...
Monday, February 1, 2021
Potential for soybean prices to rise further, says Cargill executive during USSEC event
In a recent virtual event hosted by the US Soybean Export Council (USSEC), Joe Stone, Cargill's head of corporate trading and executive vice president for the agricultural supply chain, said soybean prices could go higher as markets continu ...
Monday, January 25, 2021
China Methionine: High costs, tight availability push up prices
Producers lifted prices while the expenses of production increased with the costs of sulphur, natural gas, methanol and propylene rising substantially. Supplies tightened as local and overseas production was disrupted due to the coronavirus ...
Monday, January 25, 2021
China Whey: Sharp price hikes on robust demand, cost rise (week ended Jan 25, 2021)
As the prices of soymeal rallied to levels unseen since June 2014, feed producers were eager to look for more economical substitutes. This, in conjunction with growing demand for piglet and sow feeds amid expanding inventories, stimulated ...
Tuesday, January 5, 2021
Argentina's corn export suspension not likely to reduce local food prices
Argentina's recently announced suspension of corn exports will not have its intended effect, which was to lower the cost of local staples like steak, the country's CICCRA meat industry chamber said on January 4.
Tuesday, December 29, 2020
FrieslandCampina organic guaranteed price for January sees increase by US$1.93
The FrieslandCampina organic guaranteed price for January increases by €1.58 (US$1.93) compared to December (€45.17).
Monday, November 23, 2020
China Lysine: Prices consolidate amid cautious mood (week ended Nov 23, 2020)
Producers stood firm on lysine prices while production was limited. Nonetheless, a handful of traders who were eager to close deals lowered prices lately. Demand stayed stable with hog inventories on the rise.
Wednesday, November 18, 2020
US soybean farmers sell commodity for profit as soy prices rise
United States farmers sold soybeans freshly harvested soybeans for a profit as prices increased to its highest in four years this autumn, but Brazilian farmers lose out, Reuters reported.
Tuesday, November 3, 2020
China Lysine: Prices climb steadily on higher usages (week ended Nov 2, 2020)
Soaring corn prices prompted producers to lift lysine prices amid higher production costs. Additionally, with soymeal prices rising, feed producers who anticipated higher lysine conclusion rates in feed formulation increased purchases.
Wednesday, October 28, 2020
China Lysine: Soaring costs, robust demand strengthen prices (week ended Oct 26, 2020)
Feed producers were keen to stock inventories as soymeal prices soared while hog population in China recovered steadily. With demand robust, lysine producers continued to lift prices while corn prices surged to levels unseen since mid-2014, ...
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