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Friday, April 12, 2013
Broiler Prices Could Skyrocket Due to Animal Protein Demand
INDIA - With supply down and demand rising, poultry prices are skyrocketing with egg prices up 12 per cent over a week. ...
Thursday, April 11, 2013
US Grain Futures Weaken Modestly in Wake of USDA's Supply and Demand Report
ANALYSIS - Grain futures markets were under modest selling pressure in the wake of the latest US Department of Agriculture monthly supply and demand report issued late Wednesday morning, writes Jim Wyckoff, grain analyst. ...
April Report Forecasts Tight Corn and Soybean Supply
US - The April "World Agricultural Supply and Demand Estimates" report released by the Agriculture Department forecast tight corn and soybean stocks for the US, confirming the ongoing impact of the extensive drought of 2012, according to analysis by the...
Bill to Reform Federal Ethanol Mandate Introduced in House
US - Reps. Bob Goodlatte (R-VA), Jim Costa (D-CA), Steve Womack (R-AR) and Peter Welch (D-VT) have introduced the Renewable Fuel Standard (RFS) Reform Act to help ease concerns created by the ethanol mandate and protect consumers, energy producers, livestock...
Philippines Poultry Sector Grew in 2012
PHILIPPINES - The Filipino poultry sector witnessed a growth of 4.5 per cent in 2012. The growth was boosted by strong chicken production as a result of high chicken demand throughout the year....
NFU Commends President's FY 2014 Budget
US - National Farmers Union's (NFU) Vice President of Government Relations Chandler Goule has welcomed the announcement of President Obama's fiscal year 2014 Budget....
GFFC: Role of Agriculture in Feeding a Growing Population
SOUTH AFRICA - Novus International, Inc. has sponsored Dr Marty Matlock, Professor of Ecological Engineering, University of Arkansas (UA) and Executive Director, UA Office for Sustainability, at the 4th Global Feed & Food Congress (GFFC), which began...
Critical Feed Issues Under Discussion at IFRM
SOUTH AFRICA - The 6th annual International Feed Regulators Meeting (IFRM) meeting organized by the International Feed Industry Federation (IFIF) in cooperation with the Food and Agriculture Organization of the United Nations (FAO) brought together feed...
Cost of Production for Pigs and Broilers Down in March
BRAZIL - According to Embrapa, the production costs of broilers and pigs fell 4.91 per cent and 4.97 per cent respectively in March....
Wednesday, April 10, 2013
Does Having Protected Geographical Status Boost Product Values?
ANALYSIS - Having protected geographical indication status for food and drink products in the EU can more than double the prices obtained on the open market, writes Chris Harris....
CME: USDA Expected to Revise Estimates of Corn Ending Stocks
US - Following a grain stocks report that was significantly different that what trade was expecting, USDA will update on 10 April its grain and meat protein balance sheets, write Steve Meyer and Len Steiner....
Cargill Third-quarter Earnings Drop
US – US meat, agrifood and commodities giant Cargill has reported a 42 per cent drop in net earnings to $445 million in the third quarter of 2013, down from $766 million in the same period a year ago. ...
IEC Madrid 2013 Comes to a Close
SPAIN - Globalisation, sustainability, and the growing importance of Asia: these were the lasting messages from IEC Madrid. ...
Poultry Sector Seeks Revival Package
INDIA - The poultry sector, which is suffering due to spiralling prices of raw material like soybean meal and maize, approached the government seeking a revival and restoration package for the sector....
Grain Inventories, New Crop Outlook Boost Livestock Prospects
US - Despite record high feed costs during the 2012/13 crop year, feed use in the animal protein sector has slipped by only two per cent as US farmers and ranchers limited the downsizing of their herds. A decline in margins has been offset to a degree...
Tuesday, April 09, 2013
Ministries Look into Reported Shortage of Chicken
MALAYSIA - Two ministries are to discuss ways to overcome a reported shortage of chicken in the country, which has pushed up prices. ...
Poultry Sector Seeks Relief Package to Overcome Crisis
INDIA - Hit by a spurt in raw material costs and unremunerative prices, the poultry industry has sought a relief package to ride out the downturn....
Monday, April 08, 2013
Food Waste Has Environmental Downside
DENMARK - The production of the food we eat has an impact on the environment. But the food we do not eat also has significant adverse impacts. This is the conclusion of a report from DCA – Danish Centre for Food and Agriculture at Aarhus University....
Egg Business Noble Foods Considers Sale
UK - The owners of Noble Foods are considering a £400 million sale of the UK’s largest egg producer business. ...
Nanjing Shuts Down Poultry Markets
CHINA - All live poultry trade should be suspended and poultry markets shut down temporarily in the capital city of east China's H7N9 bird flu-afflicted Jiangsu Province, according to a government statement....
Friday, April 05, 2013
Union Asks for EU, Brazil Chicken Import Tariffs
SOUTH AFRICA - Members of South Africa’s Food and Allied Workers Union staged a march on Wednesday and asked the country’s Trade and Industry Ministry to impose tariffs on chicken imports from the European Union and Brazil. ...
Turkey Producers Feeling Positive about Local Processing
CANADA - Turkey farmers in Nova Scotia are looking forward to a period of greater stability with the opening of the Eden Valley Poultry plant in Berwick....
Brazilian Poultry Exports to Saudi Up
BRAZIL - According to figures released by the Brazilian Poultry Union (UBABEF), the volume of chicken shipments in the first quarter of 2013 dropped 7.5 per cent compared to the same period last year, totaling 901,200 tonnes between January and March...
German Egg Consumption Rises at Easter
GERMANY - Eggs are traditionally associated with Easter and egg purchases increase by two to three eggs per person during this season. ...
Chinese Food Prices Keep Falling
CHINA - Prices of agri-foodstuff fell for the sixth consecutive week in 36 medium and large sized cities in China according to monitoring by the Ministry of Commerce (MOFCOM). ...
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