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Live pig prices in China this week are the equivalent of €1.85/kg, which is a 3% improvement on last week, but down 10% on last month (Bord Bia China office).
New Zealand – farm profits collapse
Beef + Lamb NZ reports that farm profits will fall 54% this year to an average of NZ$62,600 (€35,168), levels not seen since the 1980s apart from during the global financial crisis.
Netherlands – FrieslandCampina rating
Despite last year’s accounts posting losses, credit ratings agency Fitch has maintained a BBB+ rating for dairy processor FrieslandCampina.
USA – soya prices
Grain traders are the most pessimistic about soybean prices ever, as they place a record number of bets that the commodity will fall in price (Reuters).
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China – pig prices up
Live pig prices in China this week are the equivalent of €1.85/kg, which is a 3% improvement on last week, but down 10% on last month (Bord Bia China office).
New Zealand – farm profits collapse
Beef + Lamb NZ reports that farm profits will fall 54% this year to an average of NZ$62,600 (€35,168), levels not seen since the 1980s apart from during the global financial crisis.
Netherlands – FrieslandCampina rating
Despite last year’s accounts posting losses, credit ratings agency Fitch has maintained a BBB+ rating for dairy processor FrieslandCampina.
USA – soya prices
Grain traders are the most pessimistic about soybean prices ever, as they place a record number of bets that the commodity will fall in price (Reuters).
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