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Tuesday, August 25, 2020
China imports record 430,000 tonnes of pork in July
China's customs data showed the country imported a record 430,000 tonnes of pork in July, more than double the amount imported in 2019 and a record monthly volume even though strict checks have been implemented at port entry points, Reuters ...
Friday, August 21, 2020
African swine fever vaccine developed in China enters expanded trials
An African swine fever (ASF) vaccine developed in China will move onto expanded clinical and production trials after initial tests were positive, China Global Times reported.
Thursday, August 20, 2020
Canada's Maple Leaf voluntarily suspends pork exports to China due to COVID-19
Meat processor Maple Leaf Foods based in Canada announced it will stop exports voluntarily to China after detecting a COVID-19 outbreak at its plant in Manitoba, Reuters reported.
Thursday, August 20, 2020
Australia will not approve China's Mengniu Dairy buyout of Australia's milk brands
The Australian government will allegedly reject China-based Mengniu Dairy's proposed buyout of Japan's Kirin Holding's ownership of Australian milk brands such as Lion Dairy & Drinks, Reuters reported.
Wednesday, August 19, 2020
China purchases 195,000 tonnes of US corn as domestic prices surge
The United States Department of Agriculture (USDA) said purchasers from China bought 195,000 tonnes of US corn, as corn prices in China continue to rise, Reuters reported.
Wednesday, August 19, 2020
China Lysine Weekly: Prices stay firm; demand stable (week ended Aug 17, 2020)
Producers of lysine stood firm while output expenses were high and production was limited due to routine maintenance. Demand remained stable as feed producers were more willing to stock inventories with the hog market strong.
Tuesday, August 18, 2020
China's August soybean vessel arrivals seen to rise
China is expecting around 158 vessels carrying 10.36 million tonnes of soybeans to arrive in August, higher than July with actual arrivals of 147 vessels, analytics firm Cofeed said, reported S&P Global Platts.
Tuesday, August 18, 2020
China Choline chloride Producers lift prices amid higher costs (week ended Aug 17, 2020)
As the costs of raw ingredients increased of late, Choline chloride producers lifted prices to sustain profit margins. Demand remained slow while aqua feed demand was limited due to the disruption of aqua farming.
Tuesday, August 18, 2020
China Soymeal Weekly: Ample availability weighs down prices (week ended Aug 17, 2020)
Even as global soy price strengthened lately, China's soymeal market weakened as state soy auctions increased supplies considerably. Moreover, crushers inventories expanded amid expanded output and cautious demand.
Tuesday, August 18, 2020
China Fishmeal: Weak trend persists (week ended Aug 14, 2020)
Despite stronger prices of Peruvian fishmeal products, China markets softened considerably over the week. As aqua feed producers held back purchases, port inventories increased to 102,400 tonnes, up by 3.5% compared with the previous week.
Tuesday, August 18, 2020
Chicken production in China rapidly expanding
Chicken producers in China are rolling out rapid expansion plans to boost production and reduce dependence on imports, even though demand has declined due to COVID-19, Reuters reported.
Tuesday, August 18, 2020
China Corn Weekly: Prices surge sharply in most regions, soften in others (week ended Aug 14, 2020)
High prices enticed traders to release corn inventories, helping to lower prices in several parts of China. However, price hikes in Shanghai, Nanjing and Chengdu surged 17%, 14% and 10% respectively amid inadequate availability.
Tuesday, August 18, 2020
Argentina opposes China's billion dollar pig plan
A government-sponsored plan to boost Argentina's hog sector with Chinese funding has generated unexpected resistance among the local general public, The Guardian reported.
Tuesday, August 18, 2020
China welcomes progress in joint pork production project with Argentina
China's Minister of Trade of the People's Republic of China, Zhong Shan, has welcomed progress made in a project involving pork production which has received investments from both Chinese and Argentine companies, said Argentina's Foreign Mi ...
Tuesday, August 18, 2020
China releases 48,000 tonnes of pork from reserves in July
China has released 48,000 tonnes of frozen pork from its central reserves in July to increase market supply and stabilise prices, the National Development and Reform Commission (NDRC) said on August 17.
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