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Wednesday, February 7, 2024
US wheat, corn, soybeans fall amid dollar strength and weak global demand
Chicago Board of Trade wheat, corn, and soybeans experienced declines, with soybeans reaching 24-month lows, influenced by a strong dollar and sluggish global import demand, dampening market sentiment, Nasdaq reported.
Wednesday, February 7, 2024
China Hog: Price strengthen 16% in three weeks on amid pre-festive buying (week ended Feb 5, 2024)
With the support of strong pre-Chinese New Year sales, hog prices surged for the third consecutive week. Over the past three weeks, hg prices have increased tremendously by 16%. Year-on-year, hog prices were higher by 14%.
Tuesday, February 6, 2024
Russia witnesses surge in aquaculture feed production amid import substitution efforts
Russia has reported significant progress in its quest to establish substitutes for imported aquaculture feed, witnessing a nearly 40% increase in domestic output, SeafoodSource reported.
Tuesday, February 6, 2024
Philippines implements ban on live cattle imports from several countries amid LSD concerns
In response to outbreaks of lumpy skin disease (LSD), the Philippines Department of Agriculture (DA) has issued a ban on the import of live cattle and buffaloes from Libya, Russia, South Korea, and Thailand, Rappler reported.
Friday, February 2, 2024
UK MPs raise concerns over biosecurity risks amid food check centre relocation
A group of UK Members of Parliament has expressed apprehensions regarding the potential escalation of disease risks in the country, particularly African swine fever (ASF), due to funding cuts and the relocation of a food check centre, BBC N ...
Thursday, February 1, 2024
Chicago soybean futures hit two-year low amid supply glut, China demand concerns
Chicago soybean futures experienced a significant downturn, plunging to a two-year low below US$12 a bushel due to improved supply expectations from South America and growing concerns about demand from China, Nasdaq reported.
Thursday, February 1, 2024
Swine farmers in the Philippines ensure pork supply stability amid ongoing ASF challenges
Despite grappling with the persistent threat of African swine fever (ASF) for nearly five years, swine farmers in the Philippines have assured consumers of a consistent pork supply, Philippine News Agency reported.
Wednesday, January 31, 2024
Pork prices soar in India, swine farms face shortage amid ASF scare
Pork prices have surged in India, up INR 100 (US$1.20) to INR 350 (US$4.21) per kg, due to a shortage of larger swine in farms and the spread of African swine fever (ASF), Daiji World reported.
Tuesday, January 30, 2024
India's Akshayakalpa Organic sets up new organic dairy plant in Tamil Nadu
Akshayakalpa Organic, a leading organic dairy player in India, has announced the inauguration of its newest production facility at the Pooriyampakkam farm near Chennai, Tamil Nadu, India.
Monday, January 29, 2024
Upgrade of Evonik's MetAMINO production in Singapore reaches first milestone
Evonik's MetAMINO® (DL-methionine) production facility upgrade at its Singapore site is progressing on schedule, Evonik announced on January 24.
Friday, January 26, 2024
US senators urge USDA to re-evaluate trade agreements amid avian influenza outbreaks
In a recent request to United States Department of Agriculture (USDA) Secretary Tom Vilsack and US Trade Representative Katherine Tai, South Dakota's senators, Mike Rounds and John Thune, have called for a re-examination of trade agreements ...
Thursday, January 25, 2024
Upgrade of Evonik's MetAMINO production in Singapore reaches first milestone
Evonik's MetAMINO® (DL-methionine) production facility upgrade at its Singapore site is progressing on schedule, Evonik announced on January 24.
Monday, January 22, 2024
Wheat shipments via Suez Canal plunge amid rising security concerns
In a recent report from the World Trade Organisation (WTO), it has been revealed that wheat shipments through the Suez Canal witnessed a significant decline of almost 40% in the first half of January, totalling 0.5 million metric tonnes, XM ...
Monday, January 22, 2024
China Hog: Market weakens amid increased availability (week ended Jan 15, 2024)
Hog releases increased, whereas slaughterhouses continued to stay cautious with pork sales slow, hence exerting pressure on the hog market. Falling for four consecutive weeks, hog prices have decreased 6%.
Tuesday, January 16, 2024
Vietnam's shrimp industry adopts technology and strategic planning amid global competition
In the face of fierce global competition despite its presence in over 150 countries, Vietnam's shrimp industry is strategically leveraging technology and planning to chart its distinct course forward, Vietnam Plus reported.
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