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Tuesday, March 31, 2020
JBS USA reduces beef production for two weeks due to COVID-19
The company said it will reduce beef production as its factory in Pennsylvania factory as managers showed flu symptoms, reported Reuters.
Tuesday, March 31, 2020
US senators urge inquiries on surging profits for US beef processors
This comes after ranchers protested the surging prices for meat caused by COVID-19 did not convert to increased prices for cattle, reported Reuters.
Monday, March 30, 2020
China VD3 demand robust amid supply shortage (week ended Mar 30, 2020)
Supply shortages continued to push vitamin D3 prices to rise prominently over the week. As the availability of gelatin was scarce due to production disruption, vitamin D3 producers and traders lifted prices while export demand expanded rapi ...
Monday, March 30, 2020
Demand surges amid speculation VC can fight Wuhan virus (week ended Mar 30, 2020)
Vitamin C prices surged as demand increased tremendously while news spread that a high dose vitamin C may be beneficial in treating and prevention of the Wuhan coronavirus infection. While producers regulated output amid record low prices, ...
Monday, March 30, 2020
Angel Yeast sends free masks and protective suits to overseas customers
As the COVID-19 situation continues to deteriorate globally, Angel Yeast has purchased medical masks, N95 masks and protective suits to be donated to its customers around the world.
Monday, March 30, 2020
Zheng Chang implements measures to tackle COVID-19 and better serve its customers
Zheng Chang has made full use of various resources and means to minimise the impact of COVID-19 on its business and has resumed work and production.
Friday, March 27, 2020
US beef prices hike as cattle futures soar
On 23 March, US live cattle futures rose to their daily limit as strong packer margins, thereby increasing wholesale beef prices and expectations of higher cash cattle prices emerge this week.
Friday, March 27, 2020
US corn closes slightly higher
On Thursday, the CME Group's farm markets trade weaker with May corn futures settling slightly ¼ cent higher at US$3.48¾ while July corn futures finished ¾ cent higher at US$3.54¼ at closing.
Friday, March 27, 2020
California Sea Grant funds sustainable farmed fish feed
California Sea Grant will fund an associate research professor in environmental studies for the development of sustainable feed for farmed fish.
Friday, March 27, 2020
COVID-19 outbreak boosts US dairy sales
The demand for liquid milk-half gallons and gallons - at retail outlets surged after the COVID-19 outbreak hit the US.
Friday, March 27, 2020
Argentina's grains port workers urge the government to suspend exports due to COVID-19
If approved, the measure will pressure global prices for soy and affect Argentina's main revenue source, reported Reuters.
Friday, March 27, 2020
US eggs reach record high prices from surging demand due to COVID-19
The Urner Barry market reporting service said Midwest large eggs wholesale prices reached US$3.09 / dozen, three times higher compared to early March, reported Reuters.
Thursday, March 26, 2020
US farmers begin to offer food delivery because of COVID-19
Farmers based in rural US have expanded to food delivery as grocery store shelves have been laid bare and consumers isolating themselves due to COVID-19, reported Reuters.
Thursday, March 26, 2020
US seafood sector awaits aid from US$2 trillion stimulus package
The US Congress is nearing finalisation of a third COVID-19 stimulus bill totalling up to US$2 trillion (EUR1.85 trillion) in across-the-board relief, which includes provisions for the fishing industry.
Wednesday, March 25, 2020
US meat group expands access for US pork, beef in China
Among the provisions negotiated in the US-China "Phase One" trade deal, the USDA Food Safety and Inspection Service (FSIS) has included expanded access for US beef and pork in its Export Library for China.
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