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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.
Wednesday, July 15, 2020
US trade group questions China's decision to suspend import of Ecuadorian shrimp
US industry trade group National Fisheries Institute (NFI) has questioned China's recent move to suspend imports and order recalls of frozen shrimp from three Ecuadorian companies.
Wednesday, July 15, 2020
China's tight pork supply to improve by fourth quarter
According to an official at China's Ministry of Agriculture and Rural Affairs on Monday, the construction of pig farms and rapid replenishing of supplies will aid tight pork stocks from the fourth quarter, Reuters reported.
Wednesday, July 15, 2020
Sinograin probes corn quality in northeastern China
Sinograin is investigating the corn quality in one of its warehouses in northeastern China, after a video showed that the site was full of mouldy, low-grade corn, China's state grain stockpiler said Sunday, Reuters reported.
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.
Tuesday, July 14, 2020
China halts Ecuador shrimp imports on coronavirus risk
China has banned imports from three Ecuadorean shrimp producers following the detection of coronavirus in recent shipments, Reuters reported.
Tuesday, July 14, 2020
Good performance of Australia's beef cattle, meat exports to China despite recent tensions
Trade between Australia and China stays steady despite recent political tensions, and that is also reflected in Australian beef cattle and meat exports to China.
Monday, July 13, 2020
China's Dalian exchange starts simulated trading for live hog futures
China's Dalian Commodity Exchange (DCE) began simulated trading for its live hog futures contract last Friday as it aims to launch what will be the world's second such contract after lean hog futures in the United States, Reuters reported.
Monday, July 13, 2020
New ASF outbreaks in China blamed on floods
Heavy rains are causing a surge of ASF outbreaks in some parts of southern China, according to analysts and industry sources, which could be a big setback for Beijing's goal of replenishing pork stocks, Reuters reported.
Sunday, July 12, 2020
China makes second-biggest US corn purchase
As China works to fulfil its Phase 1 trade deal obligation to significantly boost US farm product imports, the country booked its second-largest single-day US corn purchase on record, USDA data showed on Friday, Reuters reported.
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
China bans meat imports from several origins during COVID-19 pandemic
A customs document showed that China has halted meat imports from various processing plants in many countries in the past month, as the global COVID-19 pandemic hit the world's top meat processors, Reuters reported.
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