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Monday, May 3, 2021
Corn prices increase due to tight supply, rising demand, says Brazil's CEPEA
Restricted supply and rising demand have been pushing corn prices up since mid-February, according to researchers from Brazil's Center for Advanced Studies in Applied Economics (CEPEA).
Wednesday, April 28, 2021
South Korea plans to import more eggs to stabilise surging egg prices
South Korea's Ministry of Economy and Finance said the country plants to import more eggs in April to stabilise surging egg prices caused by a major bird flu outbreak over the past few months, Yonhap News Agency reported.
Wednesday, April 28, 2021
Asian feed producers turn to wheat as corn prices surge to multi-year highs
Asian feed producers in China, South Korea and Vietnam have switched to buying more wheat from Australia and the Black Sea region for livestock feed as corn prices surge to multi-year highs, said two Singapore-based grains traders, Reuters ...
Tuesday, April 27, 2021
Price rise expected for French foie gras due to soaring livestock feed costs
French foie gras producers' group CIFOG said a price rise for the gourmet food is expected over the coming year as producers look to pass on a 10% rise in costs due to soaring livestock feed costs and a recent bird flu outbreak in the count ...
Tuesday, April 27, 2021
China Methionine: Pre-festive buying holds prices stable (week ended Apr 26, 2021)
Demand improved as feed producers stocked inventories, albeit cautiously, with the May Day holidays approaching. Nonetheless, with supply ample, prices of methionine stayed stable over the week in review.
Tuesday, April 27, 2021
China Tryptophan: Prices slid on slack sales (week ended Apr 26, 2021)
Slack hog feed demand, resulting from low hog prices, decimated the sales of tryptophan. Producers cut prices in a bid to promote sales.
Tuesday, April 27, 2021
China Threonine: Low sales soften prices (week ended Apr 26, 2021)
Despite decreased production of tryptophan, prices stayed soft amid weak demand. Producers cut prices in a bid to move sales.
Tuesday, April 27, 2021
Salmon Evolution stops share offering after share price declines
Norway-based Salmon Evolution ASA has canceled its latest share offering following a drop of its share price below the offer price.
Monday, April 26, 2021
Major Brazilian meatpackers turn to wheat as corn prices surge
Brazilian meat lobby ABPA said major meatpackers in the country are turning to wheat as a livestock feed alternative with corn prices surging, Reuters reported.
Monday, April 26, 2021
China Corn: Tightened availability underpins prices (week ended Apr 26, 2021)
Corn availability tightened, prompting traders to lift prices. Farmers, who were more concerned with the spring planting, withheld releases while prices fell below expectations.
Monday, April 26, 2021
China Soymeal: Prices rebound strongly to six week high (week ended Apr 26, 2021)
Soymeal prices rebounded strongly to six week highs as crushers lifted prices while CBOT soy futures rallied. Nonetheless, buyers were cautious while feed production was limited.
Monday, April 26, 2021
US looks to conserve farmland but farmers unwilling as crop prices surge
The United States Biden administration looks to increase payment rates in its Conservation Reserve Program to conserve four million more acres of land, but farmers are unwilling as crop prices surge to record highs, Reuters reported.
Monday, April 19, 2021
Industry group says pork prices in the Philippines will remain high
The United Broilers and Raisers Association (UBRA) said Philippines President Rodrigo Duterte's executive order to impose tariff cuts on imported pork will not reduce domestic pork prices in the country, The Manila Times reported.
Monday, April 19, 2021
JBS to pay US$13 million to settle proposed pork price-fixing class action
Major meatpacker JBS SA will pay nearly US$13 million to settle a proposed pork price-fixing class action by retailers and restaurants, following settlement deals with wholesalers and consumers that amounted to US$45 million, Bloomberg repo ...
Monday, April 19, 2021
Prices of US beef, cattle on upward trend as US economy recovers from pandemic
US beef and beef cattle prices are undergoing an upward trend as the US economy emerges from a year-long pandemic, according to Adam Russell of the Texas A&M AgriLife Extension Service.
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