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Tuesday, October 18, 2022
Irish cattle farmers told to reject low quotes and sell high as prices strengthen
Cattle farmers in Ireland are being urged to reject low quotes by factories and sell high as prices in the UK and EU have strengthened over the past week, the Irish Examiner reported.
Tuesday, October 18, 2022
Malaysia-based Teo Seng sees dropped share price after Singapore recall of eggs
Malaysia-base Teo Seng Capital Bhd's share price fell to an intraday low of 69 sen on October 17 after Singapore recalled eggs from its chicken layer farm in Malaysia due to the presence of salmonella enteritidis (SE), which may cause food- ...
Thursday, October 13, 2022
Malaysia maintains fixed maximum price for chicken and eggs
The Malaysian government will maintain a maximum fixed price for chicken and eggs in the country, Bernama reported.
Friday, October 7, 2022
China Soymeal: Prices break new highs (week ended Oct 3, 2022)
Over the week, the closing price of CBOT November soy futures slid 1.1%.
Friday, October 7, 2022
China Hog: Prices rise to levels unseen since March 2021 (week ended Oct 3, 2022)
After surging to levels unseen since March 2021, high prices of hog dampened buying interest. Nonetheless, as slaughter volumes remained limited despite expanding over the week, prices of hog stayed firm.
Friday, October 7, 2022
Global dairy prices decline due to poor demand from China
Global dairy prices continued to decline in the global dairy auction, as prices dropped 3.5% to US$3911 a tonne due to weak demand from Chinese buyers, RNZ reported.
Thursday, October 6, 2022
Philippines' agriculture group blames traders for the spike in meat prices
Philippines' agriculture group Samahang Industriya ng Agrikultura (Sinag) has blamed traders and middlemen for the increase in retail meat prices in the country, The Manila Times reported.
Thursday, October 6, 2022
China to release more pork reserves as prices of the meat rise
China's state media said the country has released more pork reserves as pork prices have increased by almost a third, raising fears of inflation, AFP reported.
Thursday, October 6, 2022
Wheat stuck in Egypt ports as prices for the commodity spike
Egypt's traders and the nation's cereals chamber said the price of wheat and flour used to make unsubsidized bread has increased in Egypt, as importers struggle to pay for wheat stuck at ports due to a dollar shortage, Reuters reported.
Thursday, September 29, 2022
Smithfield Foods agrees to pay US$75 million in price-fixing settlement
Smithfield Foods has agreed to pay US$75 million to settle a consumer lawsuit that accused Smithfield foods and other major meat producers of price-fixing pork prices by restricting supply in the US$20 billion per year US pork sector, Reute ...
Thursday, September 29, 2022
Malaysia-based Dindings Poultry has deadline extended to respond to price-fixing allegations
Malaysia-based Dindings Poultry Development Centre Sdn Bhd (DPDC), a partially-owned subsidiary of Malayan Flour Mills Bhd (MFM), has received a one month extension to submit a written submission in response to allegations by the Malaysia C ...
Thursday, September 29, 2022
China Soymeal: Prices approaching March historic high (week ended Sep 26, 2022)
Over the week, the closing price of CBOT November soy futures dropped 1.6%
Friday, September 23, 2022
Increasing pork prices in China trigger concerns of inflations
Pork prices in China have continued to rise, despite the government releasing pork from its state reserves, diminishing consumer demand and triggering concerns of inflation, South China Morning Post reported.
Thursday, September 22, 2022
JBS to pay US$20 million for US pork price inflation lawsuit
JBS has agreed to pay US$20 million to settle a lawsuit with US consumers that accused the giant meat producer of conspiring with other meat companies to inflate the price of pork.
Wednesday, September 21, 2022
China Live Hog: Prices surge 74% on-year (week ended Sep 19, 2022)
After the recent week's momentary drop, hog prices rebounded lately with hog availability limited and demand firm. High prices are higher by 74% on-year.
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