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Tuesday, February 13, 2024
Fonterra increases FY2024 forecast farmgate milk price
Fonterra Co-operative Group Ltd has increased its 2023/24 season forecast Farmgate Milk Price on February 12, with the midpoint lifting by 30 cents to $7.80 per kgMS, up from $7.50 per kgMS.
Tuesday, February 13, 2024
FAO Meat Price Index dropped seventh straight month in January
The FAO Meat Price Index averaged 109.8 points in January, down 1.5 points (1.4%) from December, marking the seventh consecutive monthly decline and standing 1.3 points (1.2%) below its corresponding value last year.
Friday, February 9, 2024
Russian wheat prices decline amidst increased shipments
Russian wheat export prices experienced a continued downward trend last week, driven by ongoing oversupply concerns, as analysts observed a surge in shipments reaching a four-month peak due to improved weather conditions at ports, Nasdaq re ...
Friday, February 9, 2024
Smithfield Foods names new chief marketing officer and chief ethics and compliance officer
Smithfield Foods has named Brendan Smith as its chief marketing officer and Allyson Bouldon as its chief ethics and compliance officer.
Friday, February 9, 2024
Municipality in Antique, Philippines, suffers nearly US$600,000 damages to corn, rice production due to El Nino
The cost of damage caused by the El Niño phenomenon to rice and corn production in the Municipality of Patnongon, north of Antique, the Philippines reached ₱33.7 million (US$598,680).
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%.
Wednesday, February 7, 2024
Thai Food Mill Association urges expedited adoption of Good Agricultural Practice standards for feed crop cultivation
The Thai Food Mill Association (TFMA) is actively advocating for Thailand's government to expedite the implementation of Good Agricultural Practice (GAP) standards for animal feed crop cultivation across the country, the company said.
Wednesday, February 7, 2024
Alltech announces new roles to support global agriculture solutions and services
Alltech has an extensive offering of technologies and services to support customers worldwide to achieve efficient, profitable and sustainable agriculture.
Tuesday, February 6, 2024
China Corn: Tepid demand slashes prices by 6% in four weeks (week ended Feb 5, 2024)
Sales of corn were slow as feed producers limited production while livestock markets continued to underperform. Pre-Chinese New stimulation was unexpectedly weak this year due to China's economic downturn. Consequently, corn market weakened ...
Tuesday, February 6, 2024
China Soymeal: Prices plunge17% entering 2024 (week ended Feb 5, 2024)
Over the week, the closing price of CBOT March soy futures slid 1.7%. Since mid-November 2023, soy prices have tumbled 17%.
Friday, February 2, 2024
Major salmon producers in Norway to be investigated for price fixing
The European Commission has informed six of the largest Norwegian salmon producers it is advancing an investigation into price fixing in the spot market.
Thursday, February 1, 2024
UK co-operative to reward beef farmers for sustainable practices through new scheme
UK consumer co-operative, the Co-operative Group Limited, or the Co-op, has launched a pilot scheme that financially rewards UK farmers in its beef supply chain for sustainable farming practices.
Thursday, February 1, 2024
Alltech appoints new chief operations and financial officer
Alltech has appointed E. Michael Castle II as chief operations and financial officer of the company.
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.
Wednesday, January 31, 2024
South Korean pork board urges for more government support as pork prices dip
The South Korean government should expand support for the country's pig farms as falling pork prices and rising production costs are weighing down on farmers amid a downturn, the Korea Pork Board (KPB) said in late January.
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