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Monday, January 25, 2021
China Corn: No signs of rally cooling (week ended Jan 22, 2021)
Tight availability of corn in China continued to push up prices while buyers continued to lift prices to secure supplies. Adding to the fears of a supply crunch, worsening disease situation, which hampered deliveries, prompted buyers to ac ...
Monday, January 25, 2021
China Soymeal: Market cools from strong rally (week ended Jan 25, 2021)
Over the week, prices of CBOT March soy futures plunged 7.4% after hitting levels unseen since June 2014, as speculators take profits.
Monday, January 25, 2021
China's pork, offal imports on the rise
China's import of pork and offal continues to rise despite the Chinese pig population - which according to the country's Ministry of Agriculture - being at close to 90% of its normal annual levels prior to the outbreak of African swine feve ...
Monday, January 25, 2021
China's CIFST issues standard for plant-based meat
China's Chinese Institute of Food Science and Technology (CIFST) has issued the voluntary group standard Plant-Based Meat Products (T/CIFST 001-2020), which sets out definitions, technical requirements and guidelines on the labeling, packag ...
Monday, January 25, 2021
New strains of African swine fever in China caused by unlicensed vaccines
China's swine industry insiders said two new strains of African swine fever (ASF) detected in local swine farms are most likely caused by unlicensed, illicit vaccines, the latest setback to the steadily recovering sector, Reuters reported.
Thursday, January 21, 2021
JBS says China lifted import bans from its two Brazilian meat plants
Major Brazil-based meatpacker JBS SA said China had lifted a ban on imports from its two meat plants imposed late last year over COVID-19 issues, Reuters reported.
Thursday, January 21, 2021
China's 2020 US soybean imports rose 52.8% compared to 2019, but short of trade target
China's General Administration of Customs data showed soybean imports from the United States increased 52.8% in 2020 compared to 2019, but the imports fell short of China's pledge in the Phase 1 deal agreed between both countries, Reuters r ...
Thursday, January 21, 2021
China VC: Prices surge as corn breaks new highs (week ended Jan 18, 2021)
Vitamin C producers continued to lift the prices of vitamin C as corn costs surged tremendously to all time high. Feed manufacturers, who were placing orders in preparation for the upcoming Chinese New Year holidays, increased purchases ami ...
Thursday, January 21, 2021
China Trace Minerals: Prominent rise in copper, zinc sulphate prices (week ended Jan 18, 2021)
Expanding hog feed consumption lent support to the trace mineral markets in conjunction with rising output costs. Prices of copper sulphate and zinc sulphate were higher by 45% and 40% respectively compared with a year ago.
Wednesday, January 20, 2021
China Biotin: Decreased output strengthens prices (week ended Jan 18, 2021)
As operation rates dropped due to power shortages, biotin production decreased. Several buyers lifted prices while buyers eagerly placed orders.
Wednesday, January 20, 2021
China Hog: Market cools after 25% rally (week ended Jan 15, 2021)
Hog prices consolidated lower, after rallying 25% in seven weeks. Slaughterhouses, which were suffering losses due to the recent hog price rally, were reluctant to increase stockpiles. Additionally, the government releases state pork reserv ...
Wednesday, January 20, 2021
China AA Broiler: Prices rise at a slower pace (week ended Jan 15, 2021)
Demand for chicken products improved, helping slaughterhouses to clear stocks, hence supporting the sales of AA broiler. In anticipation of higher prices with the approaching of Chinese New Year, farmers withheld releases, helping prices to ...
Wednesday, January 20, 2021
China corn imports in 2020 hit new record
China's General Administration of Customs data showed the country's corn imports reached 11.3 million tonnes last year, a record high following tight domestic corn supplies resulting in surging prices and increased demand for cheaper import ...
Wednesday, January 20, 2021
China's domestic pork production fell less than expected in 2020
China's National Bureau of Statistics (NBS) said the country's 2020 domestic pork output declined 3.3% to 41.13 million tonnes after dropping 21% in 2019, less than what analysts expected as China steadily recovers from an African swine fev ...
Monday, January 18, 2021
China Fishmeal: Market set to stay strong (week ended Jan 15, 2021)
CNF prices of Peruvian prime-grade fishmeal increased to US$1,580/tonne.
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