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Monday, February 8, 2021
Drop in Canada's Alberta Index 100 hog price in 2020
Canada's Alberta Index 100 hog price averaged $1.44 per kg (without grade premiums) in 2020, down 9% from 2019 and 6.7% below the five-year average.
Thursday, February 4, 2021
China Hog: Prices dip 7% in three weeks (week ended Feb 1, 2021)
Hog producers cleared inventories as the Chinese New Year holidays approached. Meanwhile, slaughterhouses were cautious in stock input as pork demand waned in several regions due to lockdowns resulting from the aggravating coronavirus pande ...
Thursday, February 4, 2021
China AA Broiler: Multi-week rally ends with sharp price dip (week ended Feb 1, 2021)
AA broiler market ended the multi-week rally, which sent price up by 19%, amid softened demand due to the worsening pandemic situation in China. Slaughterhouses limited purchases, hence exerting pressure on the market while the release volu ...
Wednesday, February 3, 2021
Impossible Foods cuts prices for its plant-based meats in the US, Canada, Singapore, and Hong Kong
Impossible Foods said it will cut prices off its plant-based meats at grocery stores in the United States, Canada, Singapore, and Hong Kong as the company boosts production and aims to undercut prices for regular ground beef, Reuters report ...
Wednesday, February 3, 2021
China Folic Acid: Supply stays tight, underpins prices (ended Feb 1, 2021)
Supplies of folic acid remained tight, lifting prices higher despite cautious buying.
Wednesday, February 3, 2021
China VC: Prices 1.5 times higher on-year (week ended Feb 1, 2021)
High costs of corn continued to lend support to vitamin C market. With production limited and overseas demand strong, producers lifted prices further, albeit modestly Compared with a year ago, vitamin C raw powder prices have surged 150% fr ...
Wednesday, February 3, 2021
Fonterra lifts 2020/21 forecast Farmgate Milk Price range
On February 3, Fonterra Co-operative Group Limited lifted its 2020/21 forecast Farmgate Milk Price range to NZ$6.90-7.50 (US$4.98-5.42) per kgMS, up from NZ$6.70-7.30 (US$4.84-5.27) per kgMS.
Wednesday, February 3, 2021
Evonik to showcase expanded range of products, services at EuroTier
As part of its strategic goal of becoming a 'system house' for animal nutrition, Evonik will be showcasing a wealth of products and services beyond essential amino acids at this year's EuroTier on February 9-12.
Tuesday, February 2, 2021
Philippines President signs executive order mandating price ceilings for pork and chicken
Philippines' President Rodrigo Duterte signed an executive order mandating price ceilings for pork and chicken as food inflation soars to double-digits in the country, Reuters reported.
Monday, February 1, 2021
H5N8 bird flu outbreak in South Korea lowers demand for feed as corn prices surge
Market sources said South Korea's H5N8 bird flu outbreak has reduced demand for corn-based livestock feed during a time when corn prices have surged to record highs, S&P Global Platts reported.
Monday, February 1, 2021
China Corn: Prices surge 60% on-year (week ended Jan 29, 2021)
Corn supply remained tight, hence supporting prices to move higher. However, as smaller traders in need of cash before the Chinese New year released stocks, price hikes slowed amid increased availability. Climbing for five consecutive weeks ...
Monday, February 1, 2021
Potential for soybean prices to rise further, says Cargill executive during USSEC event
In a recent virtual event hosted by the US Soybean Export Council (USSEC), Joe Stone, Cargill's head of corporate trading and executive vice president for the agricultural supply chain, said soybean prices could go higher as markets continu ...
Friday, January 29, 2021
CTB promotes Kissane to executive vice president and chief administrative officer
CTB, Inc. chairman and chief executive officer Victor A. Mancinelli announced that the company has promoted Michael J. Kissane to executive vice president and chief administrative officer.
Tuesday, January 26, 2021
China Tryptophan: Prices climb to 2018 levels (week ended Jan 25, 2021)
Rising costs of corn continued to lift the prices of tryptophan while producers attempted to sustain profit margins. Sales remained robust as the consumption of high quality feeds expanded with sow and piglet population growing. Prices have ...
Tuesday, January 26, 2021
China Threonine: Prices soar to three year highs (week ended Jan 25, 2021)
With supplies tight and the costs of production rising relentlessly, prices of threonine climbed to three year highs. Overseas and local buyers eagerly placed orders amid fears that output disruptions, soaring freight charges and rising cor ...
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