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Morning round-up, Thursday October 17


* According to China’s Ministry of Agriculture and Rural Affairs, the country’s pig herd should return to normal numbers by 2020 after suffering a year of African swine fever outbreaks.


Yang Zhenhai, director of the ministry’s Husbandry and Veterinary Bureau said that pig numbers at large farms have already started improving and that the government’s measures to boost pork production and supplies have resulted in improved “enthusiasm for production among small and big farmers”.


According to Reuters, African swine fever has reduced China’s pig herd by at least 40% since outbreaks started in August last year.



* US egg producer Cal-Maine on Wednesday entered into a deal to acquire the assets of Mahard Egg Farm for an undisclosed amount.


The company said that it will take control of Mahard’s commercial egg production, processing, distribution and sale of shell eggs operations.


The deal also includes Mahard’s processing plants, a feed mill, a distribution warehouse, and plants in Texas and Oklahoma.


Cal-Maine expects the deal to close in the next few weeks.



* Cargill will be investing around $225m to increase crush capacity and expand other operations at its Sidney, Ohio soybean plant.


The grains giant said that the expansion, which it expects to complete in 2022, will help it better respond to demand for protein and refined oils.



* Indonesia’s Palm Oil Association said on Thursday that palm oil, biodiesel and oleochemical exports reached 2.89m tonnes in August.


That was down from the 3.3m tonnes exported in August 2018 and the 2.92m tonnes exported in July 2019.


Palm oil and palm kernel oil exports for July reached 2.51m tonnes.



* Ukraine’s Ministry of Agriculture said that grain exports have jumped 39% so far for the 2019-20 season.


Exports reached 15.44m tonnes since the season started in July.


That volume includes 9.9m tonnes of wheat, 3m tonnes of barley, and 2.45m tonnes of corn.


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