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China's feed lots set to snap up wheat harvest for pigs, poultry

4 Min Read BEIJING/SINGAPORE, May 28 (Reuters) - China’s massive livestock sector is set to snap up millions of tonnes of wheat from the country’s winter harvest that began this month, extending a run of crop-switching in animal feed and further cooling demand for corn imports. Corn imports surged last year after a decline in stockpiles and production, pushing up prices and reshaping global grain markets as feed producers and pig farmers scoured the world for supplies. At the same time, Chi...
United States Gavin Maguire Richard Pullin Li Hongchao Hallie Gu Thomson Reuters Trust Principles

Marfrig sought deal with Minerva before acquiring BRF stake -source

3 Min Read SAO PAULO (Reuters) - Brazilian beef producer Marfrig Global Foods SA tried to acquire control of rival Minerva SA before it announced late on Friday it had bought a stake in poultry and pork processor BRF SA, a person with knowledge of the matter told Reuters on Monday. FILE PHOTO: A worker cuts up joints of beef at the Marfrig Group slaughterhouse in Promissao, 500 km northwest of Sao Paulo October 7, 2011. REUTERS/Paulo Whitaker The source, who requested anonymity to disclose priv...
Sao Paulo Felipe Vieira Marcelo Rochabrun Tatiana Bautzer Marcos Molina Matthew Lewis

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China's March soybean imports surge after delayed cargoes clear customs

By Reuters Staff 2 Min Read BEIJING, April 13 (Reuters) - China’s soybean imports almost doubled in March from levels in the same month a year earlier, data from customs showed on Tuesday, as cargoes of beans from top exporter Brazil cleared customs after delays. China, the world’s top soybean buyer, brought in 7.77 million tonnes of the oilseed in March, up 82% from a year ago, according to data from the General Administration of Customs. “Soybean arrivals in Jan-Feb were lower than mark...
Shivani Singh Xie Huilan Kenneth Maxwell Hallie Gu Thomson Reuters Trust Principles Administration Of Customs

U.S. court slams brakes on Trump-era hog slaughter line speed rule; union cheers

3 Min Read CHICAGO (Reuters) - The largest U.S. meatpacking union celebrated a victory in federal court on Wednesday that it said invalidated a Trump-era rule allowing hog slaughter plants to run without line speed limits. Workers disinfect a conveyor belt, part of the measures installed to help slow the spread of coronavirus disease (COVID-19) at the Seaboard Foods pork processing plant in Guymon, Oklahoma, U.S. May 17, 2020. Seaboard Foods/Handout via REUTERS A lawsuit brought against the U.S...
United States Leslie Adler Zach Corrigan Joe Biden Thomson Reuters Trust Principles Us Department Of Agriculture

Analysis: African swine fever inflicts renewed toll on northern China's hog herd

5 Min Read BEIJING (Reuters) - A wave of African swine fever outbreaks this year has wiped out at least 20% of the breeding herd in northern China, industry sources and analysts said, exceeding expected losses and raising fears about the potential for further impact in the south. FILE PHOTO: Pigs are seen on a family farm in Xiaoxinzhuang village, Hebei province, China January 25, 2018. REUTERS/Dominique Patton The estimates point to the extent of the disease’s resurgence in the first quart...
Christian Schmollinger Jan Cortenbach Dominique Patton Yan Zhichun Thomson Reuters Trust Principles Rural Affairs

UPDATE 3-China's soymeal futures tumble on African swine fever resurgence fears

* Fall largely driven by worries of disease in hog herd * Analyst Yongyi estimates sow herd shrunk 10% in Jan-Feb * Market participants say disease could get worse (Adds contract milestone, updates prices, adds estimates on herd losses, chart) BEIJING, March 11 (Reuters) - China’s soymeal futures slumped on Thursday on growing concerns that a resurgence in African swine fever outbreaks in the country’s huge hog herd will hit demand for the key animal feed ingredient in coming months. China�...
Yong Yi Wang Xiaoyang Darin Friedrichs Gerry Doyle Emelia Sithole Matarise Emily Chow Dominique Patton

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