Author: Mark Timbe (Mark Timbe)

Pork
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Rising Pork Prices in Philippines Amidst African Swine Fever Outbreak

The African Swine Fever (ASF) outbreak in the Philippines has had a devastating impact on the country’s pork industry. As of July 2023, the virus has been detected in 460 towns and 54 provinces, and has resulted in the culling of over 3 million pigs. This has led to a significant decrease in pork production,...

Beef
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Pakistan Beef: A 15 Billion Opportunity Awaits in China

In June 2023, China gave a nod to allow Pakistan’s boiled beef exports into Beijing’s lucrative 15 billion-dollar boiled beef market.  This was a major breakthrough for Pakistan, as the country has been trying to gain access to the Chinese market for several years. The decision is seen as a sign of the growing economic...

Gingseng Roots
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 Global Ginseng Roots Market Growing 

The size of the global ginseng market is poised to grow at above 4 percent annually. As the market grows, the prices are also growing especially in the US, which is the third biggest producer of the prized root. In Wisconsin, where premium US ginseng comes from, the price range in March, 2023 rose sharply.  ...

Lobster
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Lobster price trends in the United States

Lobster prices in the United States have depreciated by 50% in 5 years on the Maine seaboard of the East Coast of the United States and other places, including Canada. The lobster population has been increasing in recent years, due to a combination of factors such as warmer water temperatures and improved fishing practices. This...

Halibut Fish
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Why is the Price of Halibut Fish Rising?

Halibut fish prices are rising, with Scandinavian dock prices for farmed halibut peaking at 11.50 Sterling Pounds ($15.04) per kilo, a rise by 7% over the past half decade. The main factors affecting the rise in prices include seasonal catchment, low supplies in key geographical areas, market demand for farmed breeds and size.  Related: Halibut...

Cup of Coffee
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Warren Buffett’s wife’s coffee complaint: what happened?

At Konditorei, a cozy cafe nestled in the picturesque Sun Valley resort of Idaho, patrons can indulge in a cup of coffee for a mere $4. While this price may seem affordable for most, it caught the attention of none other than Astrid Buffet, the wife of the legendary billionaire investor, Warren Buffet. Despite being...

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Roundup Weedkiller: A Threat to Human Health?

Introduced in the 1970s by the agricultural company Monsanto, Roundup is one of the most widely used herbicides in the world. Roundup is so effective in killing weeds and other unwanted plants in the farm. This is why it has been the go-to herbicide for many farmers around the world.   Roundup is still being used...

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Indiana Dairy Farmers Excited About The INDY 500

Indy 500, a tradition that has been taking place in the mid section of the country each Memorial Day weekend, will take place on Sunday, May 28th at Indianapolis Motor Speedway. This will be the 107th Indy 500, and since  every sport has its tradition, the winning Indianapolis 500 driver celebrates with an ice-cold bottle...

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Olive Oil Prices Surge, Fueled By Severe Drought In Spain

The prices of olive oil have hit historical levels in 2023, making this year’s prices the highest in 26 years for the popular oil that is considered one of the healthiest. Spain, a key producer of olive oil, has suffered a long drought that has triggered a massive shortage that is significantly responsible for the...

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 Colombia to export bovine, ovine, caprine and porcine by-products to Brazil

News summary: Colombia achieves admissibility of animal by-products in Brazil, opening new market opportunities for producers in the agricultural sector. Non-edible by-products of bovine, goat, sheep and pig origin, such as cartilage, esophagus, tongues and skins, among others, will be allowed to be exported.  Good news for the export of the agricultural sector-now it will be possible to...