China reported 680 new Covid cases on Sunday as the country struggles to…
Category: Commentary
June feed production falls; Agricultural lending grows; Brazil beef exports jump
Feed production in June was down sharply, falling 9.4% compared to…
ASF and FMD in pork exports; Urea fertilizer at YTD high; Livestock and meat prices update
Australia detects ASF and FMD in pork products from China Australia’s Agriculture Minister said officials had detected viral fragments of both foot and mouth disease (FMD), and African swine fever (ASF), in some pork products imported from China. While ASF remains a problem in China, large companies have become better with biosecurity and controlling the… Continue reading ASF and FMD in pork exports; Urea fertilizer at YTD high; Livestock and meat prices update
State wheat buying; Hog futures selloff; Anti-corruption probe
Government purchases of 2021/22 winter wheat harvest in China spiked during…
Heatwave persists; Mills bid up for wheat; Harvest equipment subsidies
According to China’s meteorological center, most of the country saw high temperatures which…
Ag import trend in June; Pre-made meal earnings jump; COFCO food security
China beef imports spike YoY, pork imports slide Pre-made meal company sees strong H1 profits Sanquan Foods, a publicly listed maker of frozen dumplings, noodles, and pre-made meals, announced that in the first half of the year it expected to make a profit of 332-374 million yuan ($49-55 million USD). This would represent a 31-47%… Continue reading Ag import trend in June; Pre-made meal earnings jump; COFCO food security
Corn price softens; Meat output rises; China buys US wheat
Corn prices in China continue to head lower, however the decline in…
Grain prices fall in early July; Consumers cut pork demand; China-Uruguay trade deal
Data from the National Bureau of Statistics has most agriculture-related prices falling…
June soybean imports slump; Corn yield lags
Chinese soybean imports last month slid nearly 15% month on month to…
Wheat prices remain high; State buying slows; Feed prices update
Wheat prices remain elevated, even after harvest pressure Wheat prices in Henan, China’s largest wheat producing province, fell slightly over the past week. However, despite reports of a ‘bumper crop’, prices are still up substantially compared to last year. Average prices in the province are still at 3,060 yuan/ton ($455 USD/ton), up 550 yuan/ton, or… Continue reading Wheat prices remain high; State buying slows; Feed prices update