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Monday, April 5, 2021
Corn futures in China drop more than 1.5%
The Dalian Commodity Exchange's most-active corn futures dropped more than 1.5% in early trade on March 31 to RMB 2,610 (~US$397.40; RMB 1 = US$0.15) a tonne, before recovering later, Reuters reported.
Thursday, April 1, 2021
Fonterra completes sale of two China farms
Fonterra announced today that it has completed the sale of its two wholly-owned China farming hubs in Ying and Yutian in northern China.
Wednesday, March 31, 2021
China Soymeal: Prices plunge 23% from January peak (week ended Mar 29, 2021)
Weekly soymeal prices plummeted a whopping on average. From early January's peak of RMB4,047/tonne, soymeal prices have dropped 23%.
Wednesday, March 31, 2021
China Corn: Prices dip further (week ended Mar 26, 2021)
Buyers were not keen to stock inventories while the prices of corn continued to slide with more high moisture grains were released in the market. Traders cut prices in a bid to release excess stocks.
Monday, March 29, 2021
Cobb appoints new general manager of Cobb China
Cobb has appointed poultry industry veteran Steven Xu as the general manager of Cobb China, effective March 1, 2021.
Monday, March 29, 2021
US$400 million World Bank loan to help China improve food safety
China has secured a US$400 million loan from the World Bank to improve the country's food safety management and reduce food safety risks.
Monday, March 29, 2021
Rabobank: Uncertainty for China's swine sector due to ASF
African swine fever is causing much "uncertainty in key areas, such as China's herd numbers and the outlook for 2021, especially for the sow population," as well as the country's pork production and pork prices, according to Justi ...
Friday, March 26, 2021
JBS projects strong meat demand from China this year
Major Brazilian meatpacker JBS SA projects strong meat demand from China in 2021 as China still recovers from an African swine fever (ASF) outbreak that decimated its domestic swine population, Reuters reported.
Wednesday, March 24, 2021
China Choline Chloride: Prices climb 40% since November (week ended Mar 1, 2021)
Demand for choline chloride was flat while the hog sector remained weak. Nevertheless, producers stood firm amid low inventory pressure.
Tuesday, March 23, 2021
China Hog: Prices dip 5% in two weeks (week ended Mar 22, 2021)
Pork demand remained soft, prompting slaughterhouses to limit purchases. This, together with increased hog availability, exerted pressure on the market.
Monday, March 22, 2021
January and February China's soybean imports from Brazil declined due to shipment delays
China General Administration of Customs said soybean imports from Brazil declined 80% year-on-year in January and February 2021 due to shipment delays caused by rain, Reuters reported.
Monday, March 22, 2021
China's Ministry of Agriculture: Sow herd grew 34.1% in February
China's Ministry of Agriculture and Rural Affairs said the country's sow herd increased 34.1% in February 2021 compared to the same month last year and 1% higher from January, a more positive outlook to the country's swine industry in contr ...
Monday, March 22, 2021
China cracks down on leanness-enhancing agents used in livestock
China's Ministry of Agriculture and Rural Affairs said it will crack down on farmers using leanness-enhancing agents in cattle, sheep, and swine to safeguard the quality and safety of livestock products, Reuters reported.
Monday, March 22, 2021
China Whey: Prices stable despite sharp import costs rise (week ended Mar 22, 2021)
Even as the costs of US whey imports soared prominently of late, prices remained stable in China. While the demand for quality feed softened, feed producers were reluctant to place orders, especially as whey prices have surged significantly ...
Monday, March 22, 2021
China Corn: Increased reserves releases weaken prices substantially (week ended Mar 19, 2021)
As the releases of old stocks from Sinograin increased substantially, corn prices weakened substantially. Feed producers, who were wary about the outlook of the livestock markets, stood on the side line while corn prices tumbled from histor ...
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