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Wednesday, October 28, 2020
China Corn: Prices soar further, less than 5% to 2014 records (week ended Oct 23, 2020)
Supplies of corn were tight as harvests were slow while farmers withheld releases in view of soaring prices. Traders and end users who anticipated strong prices ahead amid low availability eagerly stocked inventories. Weekly average price c ...
Wednesday, October 28, 2020
China AA Broiler: Prices consolidate after recent rally (week ended Oct 23, 2020)
AA broiler producers, who were incurring losses, held back releases and stood firm on prices. However, as slaughterhouses were prudent with purchases while the demand for chicken products stayed slow, price rise of AA broiler slowed promine ...
Wednesday, October 28, 2020
China Hog: Price fall slows (week ended Oct 23, 2020)
As the availability of hog continued to increase with the government adamant to tame inflation, prices of hog slid further. However, price falls were prominently slower. Falling for the fourth consecutive week, hog prices have plummeted 12% ...
Monday, October 26, 2020
China Soymeal: 22% price surge since June (week ended Oct 26, 2020)
Demand for soymeal was firm as feed producers stocked inventories in view of expanding hog feed consumption and tight soymeal availability due to the disappointing soy harvests. Additionally, the costs of soymeal production are set to rise ...
Wednesday, October 21, 2020
China Soymeal: Strong price surge amid supply concern, rising costs (week ended Oct 19, 2020)
Over the week, prices of CBOT November soy futures increased 2.3%.
Tuesday, October 20, 2020
China Corn: Prices unseen since May 2015 (week ended Oct 16, 2020)
Traders stocked inventories of corn eagerly in view of tight availability, hence supporting prices to move higher. Although newly harvested corn was ready for sale, supply was insufficient to meet demand due to low crop production.
Tuesday, October 20, 2020
China Biotin: High prices dampen buying interest (week ended Oct 12, 2020)
High prices of biotin continued to dampen buying interest, compelling producers to cut prices further Transacted prices in China slid to the range of RMB96.50-115/kg.
Monday, October 19, 2020
Fonterra increases its farmgate milk price due to higher demand from China
New Zealand-based Fonterra Co-operative Group Ltd increased the price range it will pay farmers for milk due to higher demand from its most important market China, Reuters reported.
Thursday, October 15, 2020
China Niacin: Tight supply hold prices firm (week ended Oct 12, 2020)
Local prices of niacin remained stable while producers limited production. However, export prices moved higher due to the recent appreciation of renminbi.
Thursday, October 15, 2020
China Threonine: Firm export demand, high output costs lift prices (week ended Oct 12, 2020)
Export demand for threonine was robust as global production was limited due to the coronavirus pandemic. Producers, who regulated output, lifted prices further with stocks low.
Thursday, October 15, 2020
China AA Broiler: Prices rebound after 27% plunge (week ended Oct 9, 2020)
AA broiler prices rebounded during early October after plunging 27% in five weeks. Sales were limited, however, as slaughterhouses were mostly on holidays.
Thursday, October 15, 2020
China Hog: Soft post-holiday demand drags down prices (week ended Oct 9, 2020)
Hog demand shrank prominently over the past two weeks as slaughterhouses halted operation during the holidays. Sales of pork carcass in major wholesale centres plummeted over the week by 9.9%, from 6,094 tonnes to 5,490 tonnes. Prices of po ...
Wednesday, October 7, 2020
China Whey: Subdued demand weighs down prices (week ended Oct 5, 2020)
Sales of whey softened towards late September as feed producers held back purchases in view of diminished hog population due to the pre-festive releases. Trader cut prices in efforts to move sales before the long holidays.
Tuesday, October 6, 2020
China Methionine: Subdued demand, flat prices (week ended Oct 5, 2020)
Demand for methionine waned during the last week of September, as most feed millers have stocked ample inventories. Prices consolidated lower with supply exceeding demand.
Tuesday, October 6, 2020
China Fishmeal: Slow sales, stable prices (week ended Oct 2, 2020)
CNF prices of Peruvian prime-grade fishmeal were at US$1,520/tonne.
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