Beef exports are on a record pace in 2022, already exceeding $10 billion. October beef exports totaled over 125,000 metric tons, up 8% from a year ago. Export VALUE was down 3% from last October, but overall in 2022, beef export value increased 18% from last year’s record pace....
THE US beef industry was in crisis. Consumer demand for beef had fallen for 20 years to the mid-1990s. The industry had an eating quality issue, notably of consistency, as years of using all kinds of breeds had “mongrelised” the national beef cow herd. Consumer surveys showed that one...
The Chihuahua Regional Livestock Union added that importing meat from Argentina also affects more than 40,000 producers in the state, as well as many more nationwide. After President Andrés Manuel López Obrador announced that Mexico will resume importing meat from Argentina, producers in Chihuahua have announced that they will...
As usually happens after the national holidays in mid-September, the volumes of beef imported by Chile fell in October, but on this occasion the average import value also did, in line with what is happening with the prices of the product in the international market.According to information from Odepa,...
World beef production will remain stable at the end of this year and the beginning of the next, although with variations for the key markets in the southern and northern hemispheres. This was pointed out by Rabobank analysts who anticipated that total production will grow by 1.4% and trade will strengthen...
Australian cattle exports increased to the highest monthly volume for over a year during October, with increased orders to Indonesia accounting for most of the additional volume. Latest data released from the Department of Agriculture, Fisheries and Forestry shows that Australia exported 65,076 cattle in October, well above the...
Australian beef exports to key Asian markets such as South Korea, and China continue to display worrying signs of weaker trends, while the US imported beef market continues to suffer from economic uncertainty and strong domestic supply. On the brighter side, ongoing FMD issues in Indonesia may just have...
October 2022 exports of U.S. pork were the largest in more than a year and beef export volume also increased from a year ago, according to data released by USDA and compiled by the U.S. Meat Export Federation. U.S. beef exports are on a record pace in 2022 and...
John Hinners with the U.S. Meat Export Federation says the Japanese, Korean, and Chinese markets accounted for more than $2 billion each this past year. “If we can continue that momentum in those markets it’s going to be a win/win for beef producers. It’s certainly exciting, (but) going to...
United States Trade Representative Katherine Tai and Japan’s Ambassador to the United States Koji Tomita confirmed in an exchange of letters that amendments to the beef safeguard trigger level under the U.S.-Japan Trade Agreement (USJTA) will enter into force on January 1, 2023. The letters confirm that both countries...