ao link

News

Linked In
RSS
https://twitter.com/Agrimoney
http://www.newsnow.co.uk/h/Industry+Sectors/Agriculture

Morning round-up, Thursday October 17

TwitterLinkedineCard

* 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.

 

TwitterLinkedineCard
Related Stories

Evening markets: Grains suffer touch of late-week profit taking

The likes of corn and wheat trade lower in closing deals of a positive week. But the vegetable oil complex, and canola, stay strong

Soybeans vs corn deadlock breaks in battle for acres

There has been some movement at last in the new soybeans-versus-corn price ratio, seen as an influence on sowing area. Cotton stakes its claim too

Weekly grain and oilseeds market view from Europe, April 16

UK wheat import needs to extend into early 2021-22... Cold European temperatures... "Rapeseed prices may be firm for a while"...

India's monsoon rains forecast to be average in 2021 - weather office

Monsoon rainfall is expected to total 98% of the long-term average, the Ministry of Earth Sciences says
Home | About | RSS | Commodities | Companies | Markets | Legal disclaimer | Privacy policy | Contact

Our Brands: Comtell | Feedinfo | FGInsight

© Agrimoney.com 2021

Agrimoney.com and Agrimoney are trademarks of Agrimoney Ltd
Agrimoney is part of AgriBriefing Ltd
Agrimoney Ltd is registered in England & Wales. Registered number: 09239069