Wheat prices fell after Australia forecast its second-highest crop ever and Russia proposed curtailing grain exports next year. Wheat futures fell as much as 3.3% in Chicago trading, the lowest for the contract in almost eight weeks. Corn and soybeans also fell following rainfall in South America during the weekend.
All 10,500 turkeys will be culled at a farm in North Yorkshire, in England after bird flu was confirmed at the site. The H5N8 strain of avian influenza was found at a turkey fattening premises near Northallerton on Saturday.
A highly contagious and deadly form of avian influenza is spreading rapidly in Europe, putting the poultry industry on alert with previous outbreaks in mind that saw tens of millions of birds culled and significant economic losses.
Brazil's Chamber of Foreign Trade (Camex) has renewed the import quota of 750,000 tons of wheat from outside Mercosur and exempt of the Common External Tariff (TEC) currently at 10%. Purchases can be made from Novr 18 this year to November 17, 2021.
A Chinese company entered the competition to manage a section of the Paraguay-Paraná Waterway, joining four European companies seeking to win the concession to deepen the draft and provide maintenance on approximately 1,238 kilometers of the river course beginning in 2021.
China is starting to curb its appetite for imported pork as it regains its domestic stock and domestic meat prices are beginning to fall. Added to this are consumer concerns about the presence of Covid-19 on food packaging that arrives from other countries.
Dutch authorities have culled some 190,000 chickens after a highly contagious strain of bird flu broke out in at least two poultry farms, the agriculture ministry said on Sunday.
As a result of the significant operational and financial risks presented by the global pandemic, the Falkland Islands Meat Company, FIMCo, in consultation with the autonomous government of the Islands, FIG, and elected lawmakers, MLAs, has made the decision not to employ any overseas meat workers this summer.
Argentine meat processing plants will invest US$ 187 million in a bid to increase exports from the country by 33% over three years to 1.2 million tons per year, the head of a local trade group said on Monday during a conference with government officials.
France and Denmark confirmed bird flu cases on Monday days after an outbreak in the Netherlands triggered a massive cull. Hundreds of hens were killed after the virus was detected in a garden centre on the French island of Corsica, and the Danes said more than 25,000 birds would be slaughtered after the virus emerged in the west of the country.