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Thursday, July 9, 2020
Demand for New Zealand's whole milk powder leads to higher prices at Global Dairy Trade auction
Prices at a Global Dairy Trade auction rose sharply on the morning of July 8 due to strong demand for New Zealand's biggest export, whole milk powder (WMP).
Thursday, July 9, 2020
Rising Chinese pork prices as pig farms reduce supply
China's pork prices increased last week as pig farms cut down the supply of hogs, Xinhua reported on July 7.
Wednesday, July 8, 2020
China tryptophan prices continue to tumble (week ended Jul 6, 2020)
Export demand for tryptophan was sluggish as the global hog production was hampered by the coronavirus pandemic. Producers and traders who were eager to close deals slashed prices substantially.
Wednesday, July 8, 2020
China Soymeal Weekly: Strong price rebound (week ended Jul 6, 2020)
Prices of soymeal increased as crushers were wary of the surge in the import costs of US soy beans. However, with weekly crushing volumes staying above 2 million tonnes, and the production of feed limited, soymeal inventories of sellers exp ...
Tuesday, July 7, 2020
Indian traders raise poultry prices amid shortage
Middlemen and suppliers in India are taking advantage of a supply shortage of chicken and eggs to increase prices in the Valley in the middle of a nationwide lockdown, The Kathmandu Post reported.
Wednesday, July 1, 2020
China VC sellers cut prices to stimulate sales (week ended Jun 29, 2020)
Vitamin C market was under pressure with feed sales unusually weak due to poor demand for livestock products. Meanwhile, severe floods in several parts of China curtailed the demand for vitamin from the aquaculture sector.
Wednesday, July 1, 2020
China calcium pantothenate prices halved in two months, hit 2018 lows (week ended Jun 22, 2020)
Calcium pantothenate producers were engaged in a price war as inventories mounted with demand sluggish. Over the past two months, calcium pantothenate prices have plunged more than 50%.
Wednesday, July 1, 2020
China tryptophan prices fall under pressure (week ended Jun 29, 2020)
Sales of tryptophan showed little improvement with the demand for hog feed sluggish while export demand remained soft. Producers were compelled to cut prices amid mounting inventory pressure.
Wednesday, July 1, 2020
China Methionine: Poor demand softens prices (week ended Jun 29, 2020)
Demand for livestock products were limited as the second wave of the Wuhan coronavirus pandemic hit China while several regions were plagued by floods and heavy rains. Feed producers cut output, hence decimating the sales of methionine.
Wednesday, July 1, 2020
Vietnam swine prices on the downtrend thanks to live swine imports
Swine prices in Binh Thuan province, Vietnam dropped to VND 80,000 per kg as the Ministry of Agriculture and Rural Development (MARD) approved the entry of imported swine into the country, Sai Gon Giai Phong Vietnam reported.
Tuesday, June 30, 2020
China Corn Weekly: High reserves corn prices strengthen spot market (ended Jun 26, 2020)
While the auction prices of state reserves corn were high, the spot corn market strengthened in view of tight availability and firm demand. Corn prices increased at a faster pace as traders who had limited stocks withheld releases.
Saturday, June 27, 2020
EU intervention programme harms US dairy prices
The US was "economically harmed by the EU's Intervention programme for European Union's Skim Milk Powder (SMP)" in three ways, according to an economic analysis published on June 18, Aberdeen News reported.
Wednesday, June 24, 2020
Chicken prices in Malaysia on the rise
A Malaysian farmer told Free Malaysia Today that surging chicken prices in the countrywas due to supply issues, COVID-19 related movement restrictions, bad weather and high imported feed prices, Free Malaysia Today reported.
Wednesday, June 24, 2020
China Live Hog Weekly: Prices soar further amid tightening availability (week ended Jun 19, 2020)
Hog availability decreased prominently while demand strengthened with the Dumpling Festival approaching. Prices of hog surged for the fourth consecutive week, up by 4.9% compared with the previous week.
Wednesday, June 24, 2020
US frozen pork inventories decline as meat prices increase
The US government and analysts said meat plant closures caused by COVID-19 outbreaks among workers have resulted in a record drop US frozen pork inventories, while meat prices have surged, Reuters reported.
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