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Thursday, April 9, 2020
USDA investigating beef price increase amid lower cattle prices in COVID-19 pandemic
Sonny Perdue, Agriculture Secretary said the US Department of Agriculture (USDA) is looking into why prices for cattle aren't going up even as beef prices are rising from COVID-19 hoarding, reported Reuters.
Friday, March 27, 2020
US beef prices hike as cattle futures soar
On 23 March, US live cattle futures rose to their daily limit as strong packer margins, thereby increasing wholesale beef prices and expectations of higher cash cattle prices emerge this week.
Friday, March 27, 2020
US eggs reach record high prices from surging demand due to COVID-19
The Urner Barry market reporting service said Midwest large eggs wholesale prices reached US$3.09 / dozen, three times higher compared to early March, reported Reuters.
Thursday, March 19, 2020
Australia's live export cattle price hits record US$4 per kilo
A northern cattle industry veteran's forecast came true this week when a line of feeder steers from Darwin bound for Indonesia sold for a record high of US$4 per kilogramme.
Monday, March 16, 2020
Salmon upended: Coronavirus breaks strong early 2020 market momentum, deflates a strong price rally
Strong world demand sustained prices deep into Q1 –but coronavirus deflation is now impacting export markets. Why this year's expected price fall will dent production more than in previous years.
Friday, March 13, 2020
US beef prices seen to plummet due to coronavirus
Officially reaching pandemic levels, the social and economic consequences of COVID-19 is piling up including a possible drop in beef prices.
Tuesday, March 10, 2020
China Lysine Weekly: Cautious buying holds prices flat (week ended Mar 9, 2020)
Prices of lysine were mostly unchanged as sales of hog feed were slow with animal population limited. Nonetheless, in regions where deliveries recovered at a slow pace, tight availability supported prices to stay firm.
Tuesday, March 10, 2020
Vietnam to import pork from Russia to supplement rising domestic pork prices
The pork comes from Russian-based Miratorg Corporation, as part of the government's measures to battle rising domestic pork prices, reported Vietnam SGGP.
Monday, March 9, 2020
Retail price of chicken in India drops to as low as US$1.35/kg amid coronavirus scare
Prices of chicken in India have drastically dropped as demand fell amid fears of the novel coronavirus. Fears have been aggravated by rumours that the disease can be transmitted through the consumption of chicken.
Wednesday, March 4, 2020
Impossible Foods drops prices on its products sold to US distributors
The company announced a 15% average fall in prices sold to distributors in the United States to make their plant-based meat products more competitively priced to beef, reported Reuters.
Wednesday, March 4, 2020
China Whey: Prices stable, buyers cautious (week ended Mar 2, 2020)
Whey buyers were cautious with purchases as the outlook of China's economy remained bleak due to the Covid-19 epidemic, which have crushed the food and beverage sector. Traders were reluctant to cut prices with import costs staying high.
Friday, February 28, 2020
China Covid-19 update: Slaughterhouses clear broiler queues; feed additives shortages lift prices (Feb 25, 2020):
As the China government encouraged Chinese citizen to return to work and ordered local governments to ease traffic controls, inure-province logistics improved considerably and more factories and companies are opened. However, cross-province ...
Wednesday, February 12, 2020
Pork prices in China reach near record highs after coronavirus restrictions
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Wednesday, February 12, 2020
Pork prices in China reach record highs after coronavirus restrictions
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Tuesday, February 11, 2020
Pork supplies and prices in China affected by coronavirus
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