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Wednesday, July 6, 2022
US beef and pork prices declined in May, but expected to rise again
Beef and pork producer prices in the US declined in May this year, but prices are expected to bounce back due to increased slaughter later this year, Bloomberg reported.
Tuesday, July 5, 2022
China Methionine: Substantial price falls (week ended Jul 4, 2022)
Ample availability, coupled with low consumption, dragged down methionine prices.
Tuesday, July 5, 2022
China Soymeal: Ample supply weighs down prices (week ended Jul 4, 2022)
Over the week, the closing price of CBOT July soy futures fell further by 2%.
Tuesday, July 5, 2022
China plans measures to stop rapid pork price increases
China's National Development & Reform Commission (NDRC) said it will take measures such as adjusting reserves to stop rapid pork price increases if required, after the pork prices steadily increased over the past three months, Bloomberg ...
Tuesday, July 5, 2022
Saudi Arabia's state grains buyer to reimburse farmers for wheat price increase
SAGO, Saudi Arabia's state grains buyer, said they will reimburse local farmers for any increase in wheat prices if international tenders were awarded at a price surpassing approved prices, Reuters reported.
Tuesday, July 5, 2022
Conflict in Ukraine sends input prices for agriculture up nearly 10%
The European Union's statistics office said Russia's invasion into Ukraine has sent prices for key products and inputs such as livestock feed up nearly 10%, Reuters reported.
Monday, July 4, 2022
Chicken traders in Malaysia laud new ceiling price for poultry
Chicken traders in Malaysia have praised the government's decision to review the country's poultry ceiling price to MYR 9.40 (~US$2.13; MYR 1 = US$0.23) per kg as of July 1, who said it is a win-win situation for all parties involved in the ...
Monday, July 4, 2022
Chicken prices in Malaysia set at US$2.13 from July 1
The Malaysian government has announced the new chicken ceiling price capped at MYR 9.40 (~US$2.13; MYR 1 = US$0.23) per kg from July 1, up from the previous ceiling price of MR 8.90 (~US$2.02) per kg, Free Malaysia Today reported.
Monday, July 4, 2022
Fish prices up 25% globally, FAO calls for lower cost aquaculture
The UN Food and Agriculture Organization (FAO) said fish prices rose 25% between December 2021 and April 2022, and has called for the development of aquaculture at a lower cost with "less intense" production so it is affordable fo ...
Monday, July 4, 2022
China Hog: Prices higher by 35% on-year (week ended Jun 27, 2022)
Hog supplies were tight, particularly as farmers withheld releases in view of stronger prices. Meanwhile, the government's pork reserves stockpiling lent support to the market.
Friday, July 1, 2022
China Choline Chloride: Sales weak, prices fall (week ended Jun 27, 2022)
Demand for choline chloride was poor, exerting pressure on the market. Producers cut prices readily in efforts to promote sales.
Friday, July 1, 2022
The Philippines to relax import bans to contain soaring poultry prices
The Philippines' Department of Agriculture said it will relax import bans, permit imports of vaccines, and look into new livestock feed types to contain soaring poultry prices in the country, including eggs, BusinessWorld reported.
Tuesday, June 28, 2022
Malaysian technical committee to propose new ceiling price for chicken
Datuk Seri Ronald Kiandee, Malaysia's Agriculture and Food Industries Minister, said a technical committee has met to discuss and propose a new ceiling price for chicken in the country, as well as set a new subsidy rate for poultry farmers, ...
Monday, June 27, 2022
South Africa's poultry and egg prices could rise due to bird flu outbreak
Prices of poultry and eggs in South Africa could rise as chicken farmers in the country are coping with a H5N1 bird flu outbreak, with the Western Cape province worst affected, Independent Online reported.
Monday, June 27, 2022
Piglet prices to be at US$71.82 for sow farmers in Netherlands to break even
Piglet prices in the Netherlands would need to reach €68 (US$71.82) per piglet in order for sow farmers to break even due to the rising cost of feed and energy, according to Rabobank.
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