Livestock Live Hog Price Sees Slight Gain During Holiday Week Some analysts and the leadership at the Ministry of Agriculture and Rural Affairs (MARA) had expected pig prices to rise with the Labor Day holiday week, which ended yesterday. According to surveys from China’s National Bureau of Statistics (NBS), however, the national average price, which fluctuated a bit over the five-day holiday that began on 29 April, only rose by just RMB .07/kg ($.01/kg) through Wednesday. As the Labor Day celebrations are one of China’s three Golden Week holidays (the others are the Lunar New Year and National Day), market optimists had expected a renewed tourism boom would drive up meat consumption. China’s Tourism Academy recently st...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
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Illuminating the value of technical research
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