ao link

News

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

Morning round-up, Tuesday November 05

TwitterLinkedineCard

* Indian Sugar Mills Association said on Tuesday that it expects the country to produce 26.8m tonnes of sugar for the 2019-20 season (which started in October).

 

This is 5% lower than the association’s previous estimate of 28.2m tonnes.

 

India produced a record 33.16m tonnes of sugar in the 2018-19 season.

 

 


* China’s Ministry of Agriculture and Rural Affairs announced plans to cut the number of small-scale slaughterhouses in the country in a bid to control the spread of African swine fever.

 

The ministry said that a number of small slaughterhouses have outdated production techniques and do not conduct proper pork quality checks.

 

It will kick off a review process in November and shut down businesses that do not meet requirements.

 


* Brazil’s agriculture minister, Tereza Cristina Dias, announced via Twitter that China has approved seven Brazilian meat plants to export pork innards to the country.

 

The plants include one operated by BRF and two by JBS.

 

 


* Marubeni’s chief financial officer said on Wednesday that the company has no plans to let go of Gavilon, its US agribusiness unit.

 

Nobuhiro Yabe told the audience at the company’s earnings news conference that Marubeni expected Gavilon to contribute around $70m to its earnings this business year.

 

 


* Data from the European Commission showed that the EU had imported 4.4m tonnes of soybeans by November 3 from the start of the 2019-20 season in July.

 

This was down 2% compared with the volume imported by October 28 in 2018.

 

Soymeal imports reached 6.5m tonnes during the period, up 17% compared to 2018-19.

 

Palm oil imports were at 1.8m tonnes, down 13%.

 

 

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