The USDA modified its projections. Purchases of beef by the Asian giant will grow again this year. Of course, the exaggerated dependence on this excluding client is somewhat disturbing. The Asian giant is a commodity vacuum cleaner, the fundamental client for all those who generate agricultural-based products in the world. With each...
CHANGES to COVID restrictions in China have seen imported beef trade through Chinese Ports become a lot easier over the past month. Both Australian exporters and Chinese importers have commented on the development, with customs inspection and clearance times dropping from as much as two months previously, to one...
Beef producers are increasingly confident China could soon lift trade suspensions on some Australian beef processing plants, following an easing of other import restrictions this week. China has placed tariffs on Australian barley and wine in recent years, and suspended the live lobster trade and coal imports, until this week. It also blocked...
Slaughter cattle prices into abattoirs have risen slightly over the last two months to 53,400 Rb (AUD $5.18) per kg live weight in local currency terms. This hasn’t been enough to change the outlook in the market and the general feeling is still very subdued at the current price....
The agency said that these figures allowed the Asian nation to regain its position as the largest importer of food and agricultural products from the Russian Federation. As reported by Agroexport, Beijing led in purchases of rapeseed oil, poultry and beef, soybeans, oats and flaxseed, and ranked first in...
A diplomatic solution may be close that will end Mexico’s plan to ban imports of GMO corn by 2024. Mexico’s Secretary of Economy Raquel Buenrostro now states that if the Federal Commission for Protection against Sanitary Risks determines U.S. GMO corn is not a threat to human health, it will have...
U.S. beef exports set annual records for both volume and value in 2022, according to year-end data released by USDA and compiled by the U.S. Meat Export Federation. Pork exports finished lower year-over-year but export value was the third largest on record, trailing only the highs reached in 2020...
It is already a novel with the characteristics of a soap opera: the discussion about how wholesale meat is going to continue to be marketed in Argentina is already in its second season and, far from reaching an end, it remains under permanent twists and turns, as if it had been...
Stocks of frozen and chilled meats in cold storage facilities totalled 139 825 tonnes as of January 1, 2023, increasing 0.6% following two quarters of steady decline (-6.5% from July to October 2022 and -6.8% from April to June 2022). The stocks were down 7.1% on January 1, 2023 from January 1, 2022. Stocks of frozen and chilled pork (80 307 tonnes) continued to make up the...
Growth will slow in 2024 and 2025, rising 1.8% and 0.8% respectively to fully mature at 29.6 million head and then taper off in subsequent years, Meat & Livestock Australia said in its projections published this week. Record retention of females for 15 consecutive months, coupled with above-average weaning...