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Monday, July 27, 2020
China Fishmeal Weekly: Weak demand drags down prices by 7% since May (week ended Jul 24, 2020)
Even as the import costs of Peruvian fishmeal increased lately, traders found it difficult to lift prices in China. Demand remained weak as aquaculture in several regions was disrupted by severe floods. Traders who were keen to clear stocks ...
Friday, July 24, 2020
US agriculture agency avoids conclusion in beef-price review
The US Department of Agriculture's report on rising beef costs during the COVID-19 pandemic avoided any conclusion on whether big meatpacking firms controlled prices, Bloomberg News reported.
Thursday, July 23, 2020
USDA study shows cattle prices disparity between farmers and meat processors
A 20-page US Department of Agriculture (USDA) study showed the price disparity between what meat processors pay to cattle farmers and the high prices earned by meat processors, AP reported.
Tuesday, July 21, 2020
China Threonine: Prices stay flat; pressure remains (week ended Jul 20, 2020)
Threonine producers were reluctant to lower prices while the costs of corn remained high. Nevertheless with both export and domestic sales sluggish, prices stayed weak despite limited decrease.
Tuesday, July 21, 2020
China Tryptophan: Producers cautious with prices near historic lows (week ended Jul 20, 2020)
Export demand for tryptophan remained slack as the global economy stayed gloomy, prompting overseas buyers to hold back purchases. In China, usages of tryptophan were limited with the population of hog low.
Tuesday, July 21, 2020
China Corn Weekly: Slow, steady price hike (week ended Jul 17 2020)
Tight availability of quality corn continued to push price higher even though overall market supply increased due to the sales of state reserves stocks. As several parts of China experienced severe floods that raised water levels to record ...
Monday, July 20, 2020
Notifying thousands of victims in poultry price-fixing case poses challenge for gov't lawyers
Four poultry company executives charged with price fixing has allegedly victimized thousands of consumers in the US, creating a big headache for government lawyers in trying to notify them individually or according their rights under the Cr ...
Friday, July 17, 2020
Thailand to limit pork exports due to surging prices
Thailand Commerce Ministry's Internal Trade Department said it will impose limitations to pork exports after prices surged to THB 180 per kg (~US$5.67) because of increased domestic demand and higher exports, Bangkok Post reported.
Wednesday, July 15, 2020
China Live Hog Weekly: 30% price surge in six weeks amid scarce supply (week ended Jul 10, 2020)
Although the demand for pork weakened as summer holidays began, prices of hog surged almost 4% amid dwindling availability. Worsening the situation, severe floods in several regions impeded the delivery of hogs.
Tuesday, July 14, 2020
China Methionine: Prices slide amid sluggish demand (week ended Jul 13, 2020)
Methionine market stayed weak as overseas buyers continued to hold back purchases with the global economy in a bad shape. Locally, poultry feed producers were cautious in making purchases while demand showed no signs of improving.
Tuesday, July 14, 2020
China Corn Weekly: Prices stay at five-year highs (week ended Jul 10, 2020)
More corn supplies from the state reserves auctions were available in the market, hence fulfilling and demand from deep processing industry to a certain extent. However, supplies remained tight, prompting several deep processors to halt ope ...
Tuesday, July 14, 2020
China Fishmeal Weekly: Prices flat despite dwindling supply (week ended Jul 11, 2020)
Despite dwindling supplies of fishmeal with port inventories falling to 102,100 tonnes, prices remained soft. A handful of traders who were keen to clear stocks gave slight discounts to entice buyers.
Saturday, July 11, 2020
China pork prices rise as demand beats supply
Last week, China's pork prices edged up due to a supply shortage and rising pork demand, official data showed Tuesday, CGTN reported.
Friday, July 10, 2020
Decline in China's meat imports to further lift pork prices
Due to tightened measures against coronavirus contamination, China's declining pace of meat imports will provide further support for prices already buoyed by a severe pork shortage, analysts said, Reuters reported.
Thursday, July 9, 2020
High prices dampen China Biotin buying interest (week ended Jul 6, 2020)
Producers continued to lower prices as sales were limited although more overseas buyers made price enquiries. Domestic usages remained slow while feed producers prudently limited production.
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