China - Another 12,900 tons of frozen pork out of one warehouse for bidding, however, prices stable - September 8, 2020 - more pork releases from reserves 9/22

[sharon sanders]

snip


Another 12,900 tons of frozen pork reserves! The cumulative investment during the year will exceed 550,000 tons
Huachu.com issued an announcement on the 8th that Huashang Reserve Commodity Management Center Co., Ltd. will place 12,900 tons of central reserve frozen pork out of the warehouse for bidding. The transaction time and quantity will be 13:00-16:00 on September 10, 2020. 0.29 million tons, 10,000 tons will be traded from 13:00-16:00 pm on September 11th. According to statistics from previous announcements by Huachu.com, plus the central reserve frozen pork traded on September 10th and 11th, a total of 34 times were released during the year, and the cumulative volume would reach 557,300 tons. The last time it was put on September 4, the put amount was 20,000 tons. According to inspections by the Ministry of Commerce, meat prices remained stable and declined from August 31 to September 6, among which the wholesale price of pork was 47.91 yuan per kilogram, down 0.2%.

http://www.nbd.com.cn/articles/2020-09-08/1500972.html

[Mary Wilson]

MAY 5, 2020 / 2:27 PM / 4 MONTHS AGO
Karen Braun

U.S. faces meat shortage while its pork exports to China soar: Braun

The United States exported 95,892 tonnes of pork and pork products to China in March, according to data published on Tuesday by the U.S. Census Bureau. That is the second-highest volume on record behind December 2019 at 102,177 tonnes.

U.S. pork exports to all destinations hit 291,456 tonnes in March, an all-time high for any month and exports excluding China were the second-best for March behind 2018. Pork exports to China accounted for a third of all U.S. shipments in the first three months of 2020.

https://www.reuters.com/article/us-usa-pork-braun/us-faces-meat-shortage-while-its-pork-exports-to-china-soar-braun-idUSKBN22H2Q6

[sharon sanders]

In September, the state and local governments put about 200,000 tons of government pork reserves at lower than market prices


National Development and Reform Commission 2022-09-16 02:42


In order to ensure the stable supply and price of pork in the Mid-Autumn Festival, National Day and other festivals, the state and local governments simultaneously launched the release of government pork reserves in September. At present, the first batch of central pork reserves was completed on September 8, and the second batch will be released on September 18; most provinces have started the release of local government pork reserves. According to the amount already put in and the plan for later release, it is expected that the country and localities will put about 200,000 tons of pork reserves in September, and the amount put in a single month will reach the highest level in history. From the perspective of the delivery price, the delivery price of pork reserves in the country and all regions is lower than the market price. Among them, the delivery price of some cities in Jiangxi and Anhui is less than 10 yuan per catty, and the price of Guangxi, Heilongjiang, Shandong and other places is about 12 yuan per catty. The timely release of pork reserves at lower prices by the state and local governments can effectively meet the needs of the people for pork consumption during the festival, and play an important role in stabilizing the prices of live pigs and pork.


At present, the national and local pork reserve resources are sufficient, which can meet the needs of market regulation. In the next step, the National Development and Reform Commission will continue to release the central pork reserves in batches with relevant departments according to the market supply, demand and price situation, and continue to guide local governments to jointly release pork reserves. Smooth operation.

zhttps://mp.weixin.qq.com/s/XFCqf8_Je1Ob3RJhyYSu6w