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Monday, April 19, 2021
China Fishmeal: Prices soften on weak demand (week ended Apr 19, 2021)
CNF prices of Peruvian prime-grade fishmeal dipped to US$1,610/tonne. Pre-sales price quotes softened to US$1,600/tonne.
Thursday, April 15, 2021
Beefpackers in Brazil stop production as cattle prices surge
Multiple small, medium, and large beefpackers in Brazil have stopped production in some locations following a rise in cattle prices that can't be passed to consumers, with declining demand also a contributing factor, Reuters reported.
Tuesday, April 13, 2021
The Philippines will end a price ceiling on pork products
The Philippines will end a price ceiling on pork products sold in the capital region, announced two months ago as the country imports more pork supplies, Bloomberg reported.
Monday, April 12, 2021
China Soymeal: Supply rise, demand fall hold prices flat (week ended Apr 12, 2021)
Soymeal prices consolidated higher as buyers increased stockpiles prudently while prices were low. However, with 10 million tonnes of Brazilian soy projected to arrive in May, price rise was marginal.
Monday, April 12, 2021
China Corn: Increased availability sinks prices (week ended Apr 12, 2021)
Demand for corn was slow as the livestock sectors stayed weak. Meanwhile, traders in the northeast region eagerly released stocks before the Qingming Festival holidays, hence increasing the downward pressure of corn market.
Monday, April 12, 2021
FAO Meat Price Index rise for sixth straight month
The FAO Meat Price Index averaged 98.9 points in March, up 2.2 points (2.3%) from February, continuing the upward trend for the sixth consecutive month, but still stood slightly (0.5%) below its value a year ago.
Tuesday, April 6, 2021
China Inositol: Prices strengthen 30% in Q1 (week ended Apr 5, 2021)
Feed producers were willing to place orders while the prices of inositol remained low. While some sellers lifted prices slightly, others held prices stable in attempts to attract buyers. Over the past three months, inositol prices have incr ...
Tuesday, April 6, 2021
China Threonine: Producers cut prices to entice buyers (week ended Apr 5, 2021)
Weak demand exerted pressure on threonine market as feed producers were reluctant to stock inventories with the livestock prices weak. Threonine producers cut prices in efforts to entice buyers while the costs of production moved lower.
Monday, April 5, 2021
China Soymeal: Prices stabilise on improved demand (week ended Apr 5, 2021)
Low costs of soymeal attracted some buyers to stockpile inventories, albeit cautiously. Crushers, who limited production, held prices firm to sustain profit margins.
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.
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
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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