Lean hog futures turn higher Chicago Mercantile Exchange (CME) cattle futures turned lower for a second trading session on Thursday, even as the tight US cattle supply and strength in the beef cutout values offered support, Reuters reported, citing analysts. But concern about export demand – particularly Chinese demand – weighed...
China has been relaxing controls on Australia exports imposed amid the Covid-19 outbreak in 2020. China has removed import suspensions on a handful of Australian beef processing plants in the latest relaxation of controls on the country’s exports. Australia’s government said five unidentified beef processing facilities have had their...
China also blocked meat and poultry products from Oakland Meat processor JBS said on Wednesday that Beijing blocked US beef shipments from the company’s plant in Greeley, Colorado, because traces of the feed additive ractopamine were identified in beef destined for China, reported Reuters. Brazil-based JBS, the world’s largest beef...
Lean hog markets continue lower Chicago Mercantile Exchange (CME) cattle futures turned lower on Wednesday amid news that China has blocked US beef exports coming from a JBS-owned plant in Colorado because traces of the feed additive ractopamine were identified in beef destined for China, reported Reuters. The restrictions sent CME cattle...
Relations between the two nations continue to improve China has lifted bans on imports from five major Australian beef processing facilities, Reuters reported, citing the Australian government on Thursday, in the latest sign of improving relations between the two nations. Beijing has now removed restrictions from eight abattoirs but two remain...
Peru’s president to visit China in June, possible beef exports on agenda, minister says Peru’s President Dina Boluarte will travel to China in June to meet with her counterpart Xi Jinping, Reuter’s reported, citing Peru’s agriculture minister on Wednesday, adding that beef exports to the Asian giant are among the topics...
Beef exports to leading market South Korea continue to trend lower than a year ago in volume but still achieve higher value, according to data released by USDA and compiled by the US Meat Export Federation (USMEF). March exports to Korea totaled 22,105 mt, down 14% year-over-year, but value increased 5%...
US March beef exports to Japan edged higher in value at $168.6 million, up 1% from a year ago and the highest since August, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Although March export volume fell 7% to 21,412 mt, this was the...
Brazil is seeking a “small quota” of Japan’s beef market to prove the quality of its meat, Reuters reported, citing Agriculture Minister Carlos Favaro on Friday. The minister told reporters that Brazil would open up its market for Japan’s Wagyu beef in exchange for access to the Asian nation’s beef and...
ATLANTA – The Centers for Disease Control and Prevention (CDC) and public health officials recently confirmed an outbreak of Salmonella infections linked to backyard poultry. The agency’s current numbers state that 109 people in 29 states have been infected with one of the Salmonella strains. According to the CDC, 33 people have been hospitalized, but...