Weekly USDA US beef, pork export sales Beef: Net sales of 18,700 MT for 2024 were up 48 percent from the previous week and 53 percent from the prior 4-week average. Increases were primarily for South Korea (6,100 MT, including decreases of 400 MT), Japan (5,000 MT, including decreases...
Chicago Mercantile Exchange (CME) lean hog futures pulled back on profit-taking on Wednesday after rising in the seven previous sessions, Reuters reported, citing analysts. Most actively traded June hogs set a contract hit for the fourth consecutive session before turning lower. The market had already climbed 7% this month by the close...
South Africa’s beef exports experienced a slight recovery last year, increasing by 3% year-on-year (y/y) to 27 675 tons, after falling below the five-year average a year before due to the outbreak of the foot-and-mouth disease (FMD). According to recent data from Trade Map, beef exports fell below the...
Vietnam is now one of the world’s top 10 countries for pork consumption, latest statistics have revealed. Over the past two months of this year, the country spent 18.69 million USD on importing over 8,400 tonnes of chilled or frozen pork, marking a yearly decline of 1% in value...
Strong global demand for U.S. pork has been been a bright spot for the industry. Fueled by growth in the Western Hemisphere, South Korea and Australia, U.S. pork exports posted another excellent performance in February, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF)....
The highest level of UK beef imports for the month of January in at least the last decade is very important news for the Irish beef industry, because 47% of its exports (in value terms) went to the UK in 2023, writes Stephen Cadogan. Newfound buoyancy in the UK...
Beef exports reached 103,883 mt in February, down 1% from a year ago, but export value increased 10% to $830.4 million. Mexico still the pacesetter, but pork export growth widespread February pork exports increased 14% from a year ago to 250,930 metric tons (mt), while value jumped 15% to...
A Chinese regulator granted permission for pork export to the first 3 Russian pig companies, Russian veterinary body Rosselhoznandzor announced. RusAgro, a large Russian pig producer, scheduled to deliver the first pork to China in March 2024, Agroexport reported. The first contracts with local customers have already been signed....
The government has revealed how much companies will have to pay to import foods from the EU due to Brexit. Small imports of products such as fish, salami, sausage, cheese and yoghurt will be subject to fees of up to £145 from 30 April, according to the Department for Environment,...
Australia’s exports of live cattle are likely to rise by more than one-third this year, and beef shipments should increase by 9% as the end of a herd rebuild boosts supply, Reuters reported, citing this week’s US Department of Agriculture (USDA) forecast. Australia is one of the world’s biggest agricultural exporters;...