China's updated feed ingredients catalog open for public comments
China’s Ministry of Agriculture and Rural Affairs announced an updated Feed Ingredients Catalog.
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China’s Ministry of Agriculture and Rural Affairs announced an updated Feed Ingredients Catalog.
Compared to February, estimates for global corn exports were cut, which could be explained by a projected decrease in shipments from Brazil. Likewise, a significant drop in corn imports from China was estimated. As for soybeans, projections remained unchanged, except for a drop in ending stocks.
This reflects an increase in planted area, estimated at 81.6 million hectares, and a recovery in average productivity (4023 kg/ha).
Although the large influx of news makes it seem otherwise, it really has only been 50 days since the new U.S. President, Donald Trump, was inaugurated.
China will impose additional tariffs on Canadian rapeseed oil, oil cake, peas, aquatic products, and pork.
Feed fed to U.S. hogs in 2023 equaled approximately 60.9 million tons, mainly from corn-related ingredients.
Wheat, maize, barley, and sorghum export prices increased while the FAO All Rice Price Index declined.
The EU proposes tariffs on Russian fertilizers to reduce dependence and protect European industry from the risk of market destabilization.
After three weeks of rains that were key to the season's recovery, losses have stabilized and the trend shows a better than expected improvement in soybeans in the core region. A month ago, significant losses and extensive areas with total damage were projected.
The agreement boosts the expansion of agribusiness trade, benefiting both the province of Santa Fe and the rest of Argentina. In addition to strengthening the position of the soybean complex, it opens new opportunities for the export of meat, dairy products, sunflower, legumes, and other strategic products.
With a sharp cut in corn, estimated production falls by 2 million tons from last month. For soybeans, the first projection, based on its current condition, is below expectations under a normal scenario.
The technical update of the PEFCR Feed extends its validity until December 2025, without significant methodological changes.
Compared to the January report, significant cuts were made in South American corn harvests and in exports from Brazil and Ukraine, related to the fall in Chinese imports. A decrease in the global soybean harvest and ending stocks was again projected, due to lower production in Argentina.
Oilseed processing broke records in December and confirms the industry's good performance. Strong demand for corn further boosts corn shipments, which beat wheat exports.
Wheat export prices dropped very slightly while world maize prices increased.
Ecuador's pig farming sector has shown remarkable growth in recent years, currently meeting domestic demand and aiming for international markets.