Dairy market apocalypse

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Saturday, August 22, 2015

TOP STORY

Dairy market apocalypse

Stakeholders ask for trading to be suspended but the worst may be yet to come.

The world dairy market is officially in a panic: Early 2015's price rally has given way to a new round of mid-year deflation.

Full Story

EXCLUSIVE

MARKET REPORTS

	Light trade holds China lysine prices flat
	Trade was light as feed millers were not eager to stockpile lysine inventories with CBOT soy futures prices tumbling, hence holding soymeal prices flat.
	Methionine prices soften in China despite renminbi depreciation, Tianjin port explosion
	Methionine distributors attempted to lift prices after renminbi depreciated last week but in vain as demand remained weak.
	China Broiler Weekly: Stronger markets support chick prices
	China Whey Weekly: Prices tumble on poor demand
	Vietnam live hog prices - different tales for the north and south
	Vietnam's whiteleg shrimp market continues downtrend
More

NEWS

INDUSTRY

	Cargill to enter salmon feed market with purchase of EWOS
	Cargill has entered into an agreement with Altor Fund III and Bain Capital Europe III to acquire EWOS, a global leader in salmon nutrition, for EUD1.35 billion.
	BIOMIN receives EU approval extension for probiotic
	Aviagen demonstrates continual commitment to regional markets at VIV Turkey
	Hubbard welcomes new members to R&D and technical team
More

FEED

	Vietnam spends US$4 billion on feed imports
	Vietnam spent US$4.1 billion in the first seven months this year importing raw materials and animal feed for its domestic livestock industry, reported the General Department of Customs.
	BioMar and Tongwei sign final Joint Venture agreement
	Indonesia's corn import ban upsets feed milling industry
	Dostofarm develops oregano oil-based liquid premix for livestock
More

LIVESTOCK

	Hubbard holds first forum on premium broiler products and markets
	The first Hubbard Premium Forum focusing on premium broiler products and markets was held in Breukelen near Utrecht in the Netherlands, attracting 106 attendees from 18 countries.
	Australian beef fast running out in Indonesia, exporters warned
	USDA preparing for recurrence of bird flu with possible vaccine use
	MSD launches new poultry health tool
More

FOOD

	India poised to remain as world's largest milk producer
	India is now not just the world's largest beef producer. It also remains as the biggest milk producer, accounting for 16.43% of the total global supply, according to the latest figures.
	High pork prices prompted drops in French exports and sales
	More NZ dairy products to enter Russia
	Smithfield creates leadership roles to focus on innovation
More

CROP

	US soybean sales slump, South America's surge
	Soybean sales in the US have fallen and are forecast to be sluggish despite higher stocks, due to competition from South America, whose supplies are at record levels and priced lower, the US Department of Agriculture (USDA) Foreign Agricultural Service said.
	Pakistan to import 66,000 tonnes of soybean from US or Brazil
	Futures for South Africa's wheat imports highest since March 2014
	Monsanto launches Roundup Ready PLUS Challenge
More

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