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Tuesday, January 2, 2024
Malaysian poultry companies to challenge price-fixing penalty
Malayan Flour Mills Bhd and its joint venture partner, Dindings Poultry Development Centre Sdn Bhd, are gearing up to contest the Malaysia Competition Commission's (MyCC) decision to impose a penalty of MYR 70.02 million (US$15.2 million) f ...
Thursday, December 28, 2023
US poultry industry gains footing from tough 2022, sees lower poultry prices
The US poultry industry bounced back from a difficult 2022, resulting in lower chicken, turkey and egg prices for consumers in 2023, despite the ongoing challenge of avian influenza and recent plant closures.
Thursday, December 28, 2023
China VB1: Tight supply lifts prices (week ended Dec 26, 2023)
Vitamin B1 producers continued to lift prices while supplies are limited.
Thursday, December 28, 2023
China VK3: Prices surge on decreased supply(week ended Dec 26, 2023)
Despite slow demand, prices of vitamin K3 increased significantly as producers cut production.
Wednesday, December 27, 2023
Malaysian competition authority recommends feed policy to keep chicken prices in check
The Malaysia Competition Commission (MyCC) has called on the government to come up with a national animal feed policy to control the price of chicken, as well as other proteins, in the market.
Wednesday, December 27, 2023
Philippines lawmaker calls for suggested retail price on pork as prices spike
A lawmaker and pork industry group official in the Philippines had pushed for the implementation of a suggested retail price (SRP) on pork products on December 24.
Tuesday, December 26, 2023
Vietnam's giant freshwater prawns suffer significant price cut as spending drops
Low spending, combined with massive harvests and foreign competition, have slashed Vietnam's giant freshwater prawn prices by 25-50% on some markets.
Friday, December 22, 2023
Nebraska Beef ordered to produce documents in beef price-fixing case
Nebraska Beef Ltd is under a federal judge's order to furnish documents related to a Minnesota beef price-fixing case, with the risk of facing contempt of court if it fails to comply, Meat + Poultry reported
Wednesday, December 20, 2023
Chicken meat prices in Hyderabad, India, spike more than 15% in past three weeks
The prices of chicken meat in Hyderabad, India, have witnessed a significant surge, an increase of more than 15%, over the past three weeks.
Monday, December 18, 2023
FAO Cereal Price Index recorded 19.4% year-on-year drop for November
The FAO Cereal Price Index averaged 121.0 points in November, down 3.7 points (3.0%) from October and as much as 29.1 points (19.4%) from its value a year ago.
Monday, December 18, 2023
FAO Meat Price Index in November downed 0.4% from October
The FAO Meat Price Index averaged 111.8 points in November, down by 0.4% from October and reflecting small drops in the prices of poultry, pig and bovine meats.
Saturday, December 16, 2023
Plummeting pork prices propel China toward deflation
China is facing the imminent threat of deflation as pork prices, a significant component of its consumer price index (CPI), experienced a sharp decline of 31.8% in November 2023 compared to the previous year, CNBC reported.
Thursday, December 14, 2023
Brazilian beef exports to China surge but face slashed prices
The repercussions of a decelerating Chinese economy are being felt in Brazilian protein exports, particularly in the beef sector, where prices have seen a significant decline, MercoPress reported.
Wednesday, December 13, 2023
Bird flu outbreaks in Japan raise concerns of egg shortage and record prices
Recent bird flu outbreaks at four poultry farms in Japan are causing concerns of a potential "egg shock," with experts warning that prices may reach record highs due to an egg shortage, The Mainichi reported.
Saturday, December 9, 2023
Norwegian salmon exports surge amid rising prices
Norway experienced a notable surge in salmon exports in the 48th week of 2023, reaching 22,910 metric tonnes (MT), an increase from the 22,316 MT exported during the same period in 2022 and a slight uptick from the 22,141 MT in week 47 of 2 ...
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