Page 3 of articles about market prices

While the FAO Meat Price Index was up from March, world pig meat prices fell marginally.

The average first-quarter live pig price is up nearly 10% from the past 3 years.

According to the National Bureau of Statistics, Chinese pork production saw a slight decrease in the first quarter.

After the leafhopper attack, corn yields dropped 30% to around 6 tons/ha. The decrease may continue to worsen.

Global wheat export prices declined while maize export prices edged marginally upwards.

Pig meat prices increased, mainly reflecting higher internal demand ahead of the Easter holidays.

The soybean harvest started with good yields, but only 3% of the first soybean fields in the core region were harvested. Corn harvest is 30% behind the last 5 seasons.

Preliminary data indicates that prices of affected pork products in California rose 20% on average.

Strong recovery in production drives higher crushes and exports in the new season.

Corn contracts have exhibited dynamism in the local market since the beginning of the year, driven by export demand. The harvest is advancing in Brazil with divergent projections.

Swine and pork production in 2024 will be marginally down as persistently low live hog and pork prices weigh on producers. Pork imports may grow marginally to offset the forecasted decline in domestic pork production.

International prices of all major cereals declined month on month.