Much of the world is experiencing high enough milk prices to offset high feed costs and general input cost inflation, according to the latest dairy report from Rabobank.
Broiler feed prices have been steadily increasing in Turkey while broiler meat production has been stagnating for the past two years, finds a new report.
After what has been a bearish week, with concerns over damage to grain export terminals in the US following Hurricane Ida, and speculation over the risks for delayed and reduced exports, global markets made a recovery yesterday, says CRM Agri.
Organic soybean meal from India could be facing duties as high as 266% after the US Department of Commerce (DOC) determined that the goods have been unfairly subsidized by the Indian government.
Feed availability and price volatility will continue to challenge the poultry industry in India, triggering companies to diversify feed sources and to invest in feed manufacturing, finds a Rabobank report.
Argentina’s soy meal exports from the 2021 crop will lose US$575m, or 7% of their value, because of ebbing protein levels in harvested beans, according to a Rosario Board of Trade (BCR) study.
The Indian government is reportedly set to authorize the import of up to 1.5 million mt of soybean meal including meal derived from genetically engineered (GE) soybeans, according to local media.
Trends and patterns in grain auctions, local meat production and corn production are all indicative of stronger grain demand by China in the coming years, reported S&P Global Platts.
Spot rates for most ingredients peaked during February and March and have since returned to lower levels amid lackluster demand and cautious purchasing, says Swiss data and trading platform, Kemiex.
The flooding in Germany and Belgium this week will undoubtedly alter expectations for EU-27 crop production numbers and has the potential to create regional tightness within that market, says CRM Agri.
