Asia

© GettyImages/ICHIRO

Soybean markets continue to face pressure

By Jane Byrne

Soybean markets continue to face pressure as South American supplies enter the market, coupled with lingering concerns about long-term demand.

© GettyImages/Thierry Dosogne

Red Sea conflict sees shipping prices soar

By Jane Byrne

The escalation of military activity around the Red Sea is causing shipping prices on affected routes to skyrocket and global shipping capacity to tighten.

© GettyImages/AndreyPopov

Lab-grown meat startups target the pet food sector

By Michelle Perrett

The pet food market is becoming a target for cultivated meat; a small number of lab meat producers are targeting the sector, attracted by its volume growth, and commercial potential.

© GettyImages/Monty Rakusen

China: Novel protein production method uses methanol from coal

By Jane Byrne

Scientists from the Tianjin Institute of Industrial Biotechnology at the Chinese Academy of Sciences Chinese have allegedly achieved a coal-to-protein breakthrough, boosting the cost-effectiveness, and environmental sustainability of feed.

© GettyImages/Olha Pylypenko

Agri-commodity market trends

IGC forecasts 7% jump in global soybean output

By Jane Byrne

World soybean production for 2023-2024 is forecast to expand by 7% year on year (y/y) to a record of 395 million tons, chiefly linked to bigger crops in South America, notes the latest update from the International Grains Council (IGC).