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News: price
India shakes the confidence of global wheat markets
The absence of Indian wheat in the global grain market has got many Asian buyers worried. Indian grain was going to fill some of...
Beef prices in Jakarta drop after Eid holidays
Meliyana -
Beef prices in some traditional markets in Jakarta have been falling with a decline in demand after the Eid holidays. As of May 9,...
CPF’s revenue up 16% in Q1 2022
Thailand’s CP Foods (CPF) reported sales of USD 4 billion in Q1 2022, up 16% year-on-year (yoy). CPF’s revenue in Thailand rose 13%, while...
Indian egg producers warn of retail price increase
Indian egg producers have warned of an impending hike in retail prices as feed costs remain high. The National Egg Coordination Committee said farmers...
Indon feed producers consider expansion as prices rise
Meliyana -
Some feed producers in Indonesia continue to consider expansion despite rising raw material prices. However, Desianto Budi Utomo, General Chairman of the Indonesian Feed...
China buys more pork for reserves to lift prices
Ha Thu -
China has bought another 40,000 tons of frozen pork for its state reserves to lift pork prices, the National Development and Reform Commission said....
Beef price up, short supply during Ramadan
Meliyana -
The Indonesian Market Traders Association said beef is among the commodities that continue to experience price increases and supply shortages during Ramadan. Abdul Sutri...
Meat prices on the rise in Asia due to global challenges
Consumers in Asia will have to pay more for meat this year because of heated geopolitical conditions, supply imbalance and demand for global commodities,...
China’s Q1 pig production up 14%, but prices down
Ha Thu -
China’s pig production rose 14% year-on-year, dragging prices down. Data from the National Bureau of Statistics showed that China produced 15.6mt of pork in...
Indonesia hastens carabeef distribution to reduce price
Indonesia’s National Food Agency (Bapanas) is hastening carabeef distribution to markets around the country after beef price hit USD 9.75/kg. “With the buffalo meat...
Dutch pork gains traction in Indonesian market
Dutch pork imports have gained traction in the Indonesian market, an industry source revealed to Asian Agribiz. He explained that Dutch pork is shipped...
Poultry suffers as Indian feed grain exports grow
Increasing feed grain exports from India is making it difficult for local poultry producers to negotiate local prices. Poultry Farmers and Breeders Association (Maharashtra),...
Indonesia speeds up cattle imports to stabilize beef price
Indonesia is speeding up its beef cattle imports to stabilize the price of beef, mainly in Greater Jakarta, Banten, and Greater Bandung. “On April...
Indonesian pig farmers feel negative impact of pork imports
Indonesian pig farmers are feeling the negative impact of pork imports, an industry source told Asian Agribiz. He said the price of imported pork...
Bangladesh corn prices soar to a six-year high
Corn prices in Bangladesh are seeing a six-year high despite expectations of a good harvest this year. The USDA forecasts Bangladesh’s corn production at...