According to China Customs data, 181,900 MT of pork were imported in February, an increase of 153.8 percent compared with the same month a year ago. The ongoing success of shipments from Canada, the EU and the U.S. during the first quarter of 2017 can be attributed to one particular factor.
Oilseeds Soymeal Inventories Reverse Course, Up Significantly China’s estimated soymeal inventory had climbed to 719,200 MT as of 21 April, surging 92,700 MT (+14.8 percent) over the previous week. However, it was lower than the estimated 804,200 MT one month ago and 60,700 MT less (-7.78 percent) than the same week in 2016. Among the regions, only the Northeast experienced a decrease as its soymeal inventories fell 1,000 MT (-7.35 per...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
