Farmers are not “getting excited“ about record month of beef exports to the US, a Waikato sheep and beef farmer says. Phil Weir said increased beef exports are good news at the farm-gate level, but buyers are struggling to get enough due to a lack of animals. Beef exports...
Subdued demand from China has been laid bare in the latest red meat export figures – with exports down 42 percent in May compared to the same month last year. Exports to New Zealand’s key trading partner were worth $232 million in May. The volume of sheep meat sent...
The value of U.S. beef exports topped $900 million in May, the highest since June 2023, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Pork exports posted another solid performance in May but were below last year in both volume and value....
Livestock analyst Jim Wyckoff reports on poultry, pork, beef and dairy news from around the globe China’s beef prices plunge Chinese wholesale beef prices have dropped 18% from last year’s peak to around 62 yuan ($8.53) a kilogram as supplies outpace demand. Beijing pushed farmers to increase domestic beef...
Hog futures close narrowly mixed Chicago Mercantile Exchange (CME) live cattle futures closed higher for a second session on Wednesday, supported by strong wholesale beef prices and light technical trading ahead of the US July Fourth holiday, Reuters reported, traders said. US markets and government offices will be closed on Thursday...
The average price of agricultural output fell by 6% In the first quarter of 2024, agricultural prices in the EU for both outputs and inputs not related to investment declined, according to a market report from Eurostat. The average price of agricultural output fell by 6% in the first quarter of 2024...
Tokyo, July 4 (Jiji Press)–Import prices of U.S. beef have been surging in Japan, making procurement hard for traders and dining facilities such as barbecue restaurants. Behind the spike in prices are the yen’s recent sharp depreciation against the dollar, reduced beef supplies from U.S. farmers and fierce competition...
Canada exports zero beef to the U.K. WINNIPEG — Beef imports from the United Kingdom are up 177 percent in the first four months of 2024. Canada imported $10.2 million worth of beef from Jan. 1 until the end of April. That’s a significant increase from the same period...
Subdued demand from China has been laid bare in the latest red meat export figures – with exports down 42 percent in May compared to the same month last year. Exports to New Zealand’s key trading partner were worth $232 in May. The volume of sheep meat sent to...
U.S. red meat exports have reached record levels in Mexico, making this an ideal time for the U.S. Meat Export Federation (USMEF)’s inaugural U.S. Red Meat Symposium in Mexico City. The symposium examined Mexico’s economic and political climate, highlighting the market’s continued growth potential and explore emerging opportunities for...