In an atypical year from the macroeconomic and climatic point of view, it seems like a good exercise to analyze the second semester in the cattle and meat sector. The continuous monetary issue erodes the purchasing power of the income of Argentines and, therefore, the demand decreases as inflation...
So far in 2022, the Mexican meat sector reported average price increases of 35 per cent, although some meat products have risen to 300 per cent. Inflation accelerated in May and reached its highest level since 2001 due to the persistent increase in food prices. Inflationary pressures continue and...
USDA reported Thursday US beef net sales of 23,800 MT for 2022 were up noticeably from the previous week and up 97 percent from the prior 4-week average. Increases primarily for South Korea (7,700 MT, including decreases of 500 MT), Japan (5,800 MT, including decreases of 500 MT), China...
So far in 2022, the Mexican meat sector reported average price increases of 35 per cent, although some meat products have risen to 300 per cent. Inflation accelerated in May and reached its highest level since 2001 due to the persistent increase in food prices. Inflationary pressures continue and...
U.S. beef exports set new volume and value records last May, topping $1 billion for the fourth time this year, according to data released by the USDA and recently compiled by the Beef Export Federation. US Beef (USMEF). Click here to read the full note: https://eurocarne.com/noticias/codigo/55297/kw/Las+exportaciones+de+carne+de+vacuno+desde+Estados+Unidos%2C+en+n%C3%BAmeros+de+r%C3%A9cord
For the first six months of 2022, the volume of beef exports jumped to 1.1 mtonnes, the volume that was exported by Brazil for the entire year in 2011. This is up from 874,424t in the same period of 2021, a 21.5% increase. Click here to read the full...
Cattle production could go from 3.2 to 5 million tons in the next 8 years, which would represent a rise of 56.25%. While, in the next 20 years, it could reach 8 million tons, which would mean a growth of 150%. The consultant and member of the Meat Commission of the Argentine Rural Society...
South Korean President Yoon Suk-Yeol announced that tariffs would be suspended for 100,000 tonnes of imported beef from July 20 until the end of 2022. MLA noted that, as the U.S. currently faces lower tariff rates than Australia, this presents a significant opportunity for Australia exporters, especially given that...
FEEDER cattle prices continue to head south at a rapid – some might say alarming – rate, buffeted by a series of headwinds created both within, and outside Australia. While it had started a little earlier, the trend has become much more extreme since the end of June. Click...
The companies analysed in the report include Tyson Foods, JBS S.A., Sysco Corporation, Danish Crown, Marfrig Global Foods, Hormel Food Corporation, Minerva, Cargill Meat Solution Corporation, Perdue Farms, OSI Group. The Global Beef Market was valued at USD 323.45 Billion in the year 2020. Beef is becoming more popular as people...