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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 ...
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 ...
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