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Thursday, October 15, 2020
China Threonine: Firm export demand, high output costs lift prices (week ended Oct 12, 2020)
Export demand for threonine was robust as global production was limited due to the coronavirus pandemic. Producers, who regulated output, lifted prices further with stocks low.
Thursday, October 15, 2020
China AA Broiler: Prices rebound after 27% plunge (week ended Oct 9, 2020)
AA broiler prices rebounded during early October after plunging 27% in five weeks. Sales were limited, however, as slaughterhouses were mostly on holidays.
Thursday, October 15, 2020
China Hog: Soft post-holiday demand drags down prices (week ended Oct 9, 2020)
Hog demand shrank prominently over the past two weeks as slaughterhouses halted operation during the holidays. Sales of pork carcass in major wholesale centres plummeted over the week by 9.9%, from 6,094 tonnes to 5,490 tonnes. Prices of po ...
Wednesday, October 14, 2020
China imported 834,000 tonnes of meat in September
China's General Administration of Customs said the country imported 834,000 tonnes of meat in September, higher than August's 832,000 tonnes, Reuters reported.
Tuesday, October 13, 2020
China Animal Health Update (November 2020)
October is the most suitable period for poultry and swine production, with high growth rates, immune status, egg productivity, and low disease incidence. As China has successfully kept its COVID-19 situation under control, the F&B and c ...
Monday, October 12, 2020
China discovers African swine fever in illegally transported piglets to Chongqing
China's Ministry of Agriculture and Rural Affairs said it had detected African swine fever (ASF) among piglets illegally shipped to Chongqing city, the first ASF outbreak since July 25, Reuters reported.
Monday, October 12, 2020
Evonik responds to termination of methionine anti-dumping investigation by China
Evonik has restated its commitment to China following the Chinese Ministry of Commerce' (MOFCOM) decision to close its anti-dumping investigation of the company concerning imports of methionine originating from Singapore, Malaysia and Japan ...
Wednesday, October 7, 2020
China Whey: Subdued demand weighs down prices (week ended Oct 5, 2020)
Sales of whey softened towards late September as feed producers held back purchases in view of diminished hog population due to the pre-festive releases. Trader cut prices in efforts to move sales before the long holidays.
Tuesday, October 6, 2020
China Methionine: Subdued demand, flat prices (week ended Oct 5, 2020)
Demand for methionine waned during the last week of September, as most feed millers have stocked ample inventories. Prices consolidated lower with supply exceeding demand.
Tuesday, October 6, 2020
China Fishmeal: Slow sales, stable prices (week ended Oct 2, 2020)
CNF prices of Peruvian prime-grade fishmeal were at US$1,520/tonne.
Tuesday, October 6, 2020
China Lysine: Imminent production expansion (week ended Oct 5, 2020)
Prices of lysine were firm lately as producers were reluctant to negotiate prices with the output costs staying high. Sales were low while feed producers halted operation gradually nearing October.
Monday, October 5, 2020
US Agriculture Secretary: Uncertain if China will meet Phase 1 agricultural commitment
Sonny Perdue, United States Department of Agriculture Secretary said China may not meet its agricultural purchase pledge in the US - China Phase 1 agreement due to non-agricultural trade issues, Reuters reported.
Monday, October 5, 2020
New Zealand's Fonterra to sell its dairy farms in China for US$368 million
New Zealand-based Fonterra said it agreed to selling its farms in China for NZD 555 million (~US$367.97 million; NZD 1 = US$0.66) to focus on the New Zealand market and lower its debt, Reuters reported.
Monday, October 5, 2020
China Corn: Slower pre-festive sales hold prices stable (week ended Oct 2, 2020)
Sales of corn slowed due to the approaching of Mid-autumn Festival and the long October holidays. This helped to ease the upward pressure of the corn market due to the anticipation of tight corn availability.
Monday, October 5, 2020
China Soymeal: Prices consolidate lower on softer demand (week ended Oct 5, 2020)
Soymeal prices were mixed in China, as sales slowed while market participants prepared for the upcoming holidays. Meanwhile, supplies of soymeal were ample with weekly crushing volumes reaching a high of 2.27 million tonnes.
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