Brazil and Argentina are likely to step up corn and soybean exports to China during the US winter months, finds a newly released report from US organization, CoBank.
DSM has reorganized its animal nutrition and health division, with it now underpinned by three business lines aimed at addressing the industry’s biggest challenges.
Markets have had a mixed reaction to the January WASDE. Initially, falling following the publication of the USDA’s report, they recovered quickly, thereafter.
Soybean meal prices have reached their highest levels since May 2021, due to the worsening outlook for South America, finds a new outlook from CRM Agri.
In a move to control the rising domestic price of a key compound feed ingredient, India’s ministry of consumer affairs, food and public distribution has imposed stock limits on soybean meal.
Global wheat markets have become marginally better supplied, mainly from a large Australian wheat harvest, a development that is pressuring not only domestic Australian markets, but also global ones, finds CRM Agri in its latest grain market analysis.
Global poultry markets are expected to be strong in 2022, on the back of reopening economies, increasing vaccination levels, and stronger economic conditions, according to Rabobank.
Palm oil production is set to recover next year in Malaysia, while soybean production in Brazil is forecast to reach record levels. Although, La Niña is set to play a critical part in the ultimate outcome of the latter, said the CRM Agri team.
The was limited revision to soybean and corn estimates in the latest WASDE but the global wheat supply and demand this month has eased slightly, with the report forecasting an increase in global production estimates.
The American Feed Industry Association (AFIA) says the passing of HR 4996, the Ocean Shipping Reform Act of 2021, will address some of the bottlenecks stifling the export of feed, feed ingredients and pet food products at American ports.
