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Tuesday, July 19, 2022
EU wheat prices up due to possible heatwave
Traders said concerns about potential damage to European maize crops from a severe heatwave, the failure to establish a grain export corridor in Ukraine, and strong export demand, have all contributed to a rise in European wheat prices on J ...
Monday, July 18, 2022
FAO meat price index reflects rising prices of all meat types
The FAO Meat Price Index averaged 124.7 points in June, up 2.1 points (1.7%) from May, setting a new record high and exceeding by 14.0 points (12.7%) its June 2021 value.
Monday, July 18, 2022
FAO price index: Wheat prices in June 48% higher than 2021 values
The FAO Cereal Price Index averaged 166.3 points in June, down 7.2 points (4.1%) from May, but still 36.0 points (27.6%) above its June 2021 value.
Thursday, July 14, 2022
China Inositol: Prices rebound amid production cut (week ended Jul 11, 2022)
As several producers cut production, prices of inositol moved higher lately after the previous week's momentary slide.
Tuesday, July 12, 2022
The Philippines introduces new measures to address rising poultry prices
The Philippines Department of Agriculture has introduced new measures such as permitting inter-island movement for poultry and special import permits for new vaccines, to address rising poultry prices in the country, GMA news reported.
Tuesday, July 12, 2022
Executives from US poultry firms found not guilty in price-fixing case
Executives from major US poultry companies Pilgrim's Pride and Claxton Poultry Farms were found not guilty for fixing prices in the poultry industry, Yahoo! Finance reported.
Tuesday, July 12, 2022
China Hog: Prices surge 43% in four weeks (week ended Jul 11, 2022)
Slaughter volumes shrank further amid shortages of finishing hog. Had China government not acted to supress prices, price surge would have been even more tremendous.
Friday, July 8, 2022
UK egg producers not benefitting from rising egg prices
Farmers in the UK said rising egg prices in the past few weeks are not benefiting producers, which could result in farmers reducing output or leaving the sector, The Grocer reported.
Friday, July 8, 2022
Norway earns over US$7 billion from seafood exports thanks to high salmon prices
The Norwegian Seafood Council said Norway earned a record NOK 71.1 billion (~US$7.047 billion; NOK 1 = US$0.099) from seafood exports in the first half of 2022, thanks largely to high salmon prices, Fish Information & Services reported.
Thursday, July 7, 2022
Evonik China announces price increase for MetAMINO
Evonik (China) Co., Ltd. has announced a net price increase of ¥2 (US$0.30) per kilogramme on MetAMINO®(DL-methionine 99%, feed grade) for China with immediate effect.
Thursday, July 7, 2022
China Hog: Prices rally 14% on tight supply (week ended Jul 4, 2022)
As hog producers trimmed inventories since several months ago with prices low and feed costs soaring, tightening availability of finishing hog sent prices surging over the week.
Thursday, July 7, 2022
China Trace Minerals: Prices soften on tepid demand (week ended Jul 4, 2022)
As sales remained slow, trace mineral products producers lowered prices while the costs of production decreased.
Thursday, July 7, 2022
China Choline Chloride: Producers cut prices amid lower costs (week ended Jul 4, 2022)
Lacklustre hog feed demand impeded the sales of choline chloride. Producers slashed prices as the costs of raw ingredients fell of late
Wednesday, July 6, 2022
Smithfield Foods to pay US$42 million to settle pork price-fixing lawsuit
US major pork producer Smithfield Foods is expected to pay US$42 million to restaurants and caterers to settle a pork price-fixing lawsuit, which alleges the firm is responsible for conspiring to inflate pork prices, the Associated Press re ...
Wednesday, July 6, 2022
Pork prices in Malaysia expected to rise further
The price of pork in Malaysia has increased for the seventh time in 2022 and has reached MYR 1,300 (~US$293.85; MYR 1 = US$0.23) per 100kg, a MYR 60 (~US$13.56) increase from MYR 1,240 (~US$280.29) per 100 kg on May 16, Kwong Wah Yit Poh re ...
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