Inflation was 5.7 percent in October, the sixth consecutive month above 5 percent.The rate is up 0.1 percentage points from the month earlier. Core inflation, which excludes agricultural and energy prices, was 4.8 percent, the highest since February 2009. The statistics agency cited the sharp increase in utility...
Canadian beef exports in August 2022 of 42,081 tonnes valued at $373 Million, were down 18 per cent in volume and down 22 per cent in value from August 2021; but up five per cent in volume from the five-year average. While August exports decreased from the previous month,...
After an excellent year for meat exports from both North America and Mercosur, the industry will face a late reality that has already affected other basic products: inflation , warned the Food Ingredients First portal. Some meat exporters have posted record sales so far this year, but challenges are now beginning to emerge and tensions...
Australia has been a major and consistent supplier of red meat to the Middle East and North Africa (MENA) region for decades. While Australian exports to the region have previously skewed towards live sheep, frozen mutton and chilled carcase, the last 10 years has seen a significant increase in...
The National Animal Quality and Health Service (Senacsa) reported that from January to October of this year it managed to export more than 283,932 tons of beef, which were distributed to 52 destinations around the world. The report of the official veterinary service also states that, during the 10...
The Vice President of the Federation of Argentine Regional Meat Processing Industries (FIFRA) and Vice President of the Institute for the Promotion of Argentine Beef (IPCVA), Daniel Urcía, indicated that “clearly, there is a commercial interest of the large export meat processing plants with the cut-up standard , this sector of the...
Uruguayan exports in the month of October 2022 totaled US$ 842 million, which represented a 6% year-on-year drop, it was reported Tuesday in Montevideo. According to the Uruguay XXI Institute, the fall is mainly explained by lower sales of beef -mainly to China- which could not be compensated by...
The Meat Institute recently learned that several establishments have been suspended from exporting beef to China after ractopamine was detected during import testing. In response, the Food Safety and Inspection Service (FSIS) added text to an advisory note at the Export Library entry for China reminding U.S. exporters of...
The report of the Agricultural Market Consulting Group (GCMA) indicated that Mexico spent 3,096 million dollars to bring pork, beef and chicken from abroad, which in year-on-year terms represented an increase of around 9.2%. Despite the general increase during the set of months, only pork meat acquisitions registered an...
The Government of Mexico recently issued a decree reflecting an agreement with a number of private companies aimed at reducing prices for basic foods, including some pork and beef cuts. The decree includes an effort to attract additional suppliers to the Mexican market, building on a decision earlier this...