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Monday, October 9, 2023
September's FAO Meat Price Index dipped 1.2 points from August
The FAO Meat Price Index averaged 114.2 points in September, down 1.2 points (1.0%) from August, marking the third consecutive monthly decline and 6.1 points (5.0% from its value a year ago.
Tuesday, October 3, 2023
China VB1: Prices strengthen on tighter availability (week ended Sep 25, 2023)
Lower availability of vitamin B1 lent support to the market.
Thursday, September 28, 2023
China Soymeal: Prices plummet 6% in three weeks (week ended Sep 25, 2023
Over the week, the closing price of CBOT November soy futures plummeted 3.4%.
Thursday, September 28, 2023
Investment fund acquires US$72 million stake in Icelandic salmon land farm
Haf Investments, a recently established investment fund, has acquired a substantial ISK 10 billion (~US$72 million; ISK 100 = US$0.72) stake in Thor Landeldi, a salmon business in Iceland, which aims to provide the necessary capital for a n ...
Wednesday, September 27, 2023
Chicken prices surge in Kurdistan Region, Iraq amid export demand and diseases
In recent weeks, chicken prices in the Kurdistan Region of Iraq have significantly increased, driven in part by surging exports to other provinces within Iraq, and due to the spread of diseases in local poultry farms, Kurdistan 24 reported.
Tuesday, September 26, 2023
Poultry prices in India surge after Sri Lanka's egg imports
Poultry prices in India, which witnessed a decline from April to August, have begun to increase once more following the conclusion of Hindu religious periods Shravan and Adhik Maas, coupled with Sri Lanka's increased egg imports from India, ...
Tuesday, September 26, 2023
Iceland halts issuing new salmon farming permits
The Icelandic government has taken the decision to temporarily suspend the issuance of new permits for salmon farming, citing an escalating national discussion surrounding aquaculture, particularly in light of recent incidents, including fi ...
Monday, September 25, 2023
China's bulk purchasing props up domestic pork prices
Pork prices in China have picked up appreciably since the government intervened in the market via bulk purchasing.
Monday, September 25, 2023
Marine heatwave sparks rise of sea lice in salmon in Scotland, UK
The waters of Scotland, the United Kingdom, have been gripped by an unprecedented Category 4 marine heatwave, causing mass marine mortalities since March this year.
Monday, September 25, 2023
Taiwan's retail egg price rises as doubts over imported eggs' quality mount
Questions over the quality of imported eggs entering Taiwan have boosted the demand for domestically produced eggs in the country and caused an increase in the retail egg price, the Taipei Egg Retailers' Association said on September 24.
Thursday, September 21, 2023
Laxey raises US$45 million in equity for Icelandic land-based salmon farm
Laxey, formerly Icelandic Land Farmed Salmon, has successfully secured EUR 42 million (~US$45 million; EUR 1 = US$1.07) in the initial phase of its equity fundraising campaign for a land-based salmon farm project in Iceland, SeafoodSouce re ...
Thursday, September 21, 2023
Philippines' meat imports decline by 4% in 2023 amid rising global prices
A decrease in pork and beef consumption by Filipinos in response to global price hikes led to a 4% reduction in Philippines' meat imports during the first eight months of the year, Philippine Daily Inquirer reported.
Wednesday, September 20, 2023
Iceland suspends aquaculture permits amid industry and environmental concerns
In response to the burgeoning aquaculture industry and mounting concerns about its impact on local fish stocks, the Icelandic government has suspended further aquaculture permits, following years of rapid growth in fish farming, which has s ...
Wednesday, September 20, 2023
Russia's record wheat harvest eases global price pressures
Russia's consecutive bumper wheat harvests solidify its position as the top exporter while alleviating price pressures linked to the Ukraine conflict, The Business Standard reported.
Wednesday, September 20, 2023
Sri Lanka expects egg and chicken prices to decrease and stabilise next year
Sri Lanka's Minister of Agriculture, Mahinda Amaraweera, has expressed confidence that egg and chicken prices in the country will see a reduction in the coming year and maintain stability thereafter, Adaderana reported.
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