Brazil is expected to reach record levels of beef production in 2024, according to a new report today (Tuesday, November 21), although export volumes are expected to decline. According to the Rabobank report, global beef markets continue to be split into two distinct parts, with high prices and contracting production in...
The National Cattlemen’s Beef Association says it strongly opposes the USDA’s decision to allow beef imports from Paraguay. Kent Bacus, executive director of government affairs, says NCBA has repeatedly raised concerns over the country’s history of foot-and-mouth disease (FMD). “We laid out some really, really strong claims backed by...
UTRECHT, NETHERLANDS — Global beef markets continue to be divided, with high prices and contracting production in the United States and increasing production and low prices in the Southern Hemisphere, according to research from Rabobank’s latest Global Beef Quarterly report. After prolonged herd liquidation, the contractionary phase of the fourth...
Key points Beef import volumes in September remained close to the previous months level, up by 250 t to 18,350 t. This brings the total for Jan-Sep 2023 to just under 165,000 t. This is a drop of 7,000 t (-4%) from the same period last year, with volumes...
2023 has been a remarkable year for the global beef industry, Rupert Claxton, Meat and Livestock Director of Gira, told delegates at the Teagasc National Beef Conference. Considerable headwinds at the end of 2022 in the form of both rising costs for producers and industry, combined with inflation pressure...
The tale of two markets continues, with high prices and contracting production in the US and increasing production and low prices in the Southern Hemisphere. Global beef markets continue to be a two-part story: the ongoing strong consumer demand in the US – although this may be weakening –...
UTRECHT, NETHERLANDS — Global beef markets continue to be divided, with high prices and contracting production in the United States and increasing production and low prices in the Southern Hemisphere, according to research from Rabobank’s latest Global Beef Quarterly report. After prolonged herd liquidation, the contractionary phase of the fourth...
CHICAGO, Nov 10 (Reuters) – The United States is importing record amounts of beef this year and exporting less after ranchers slashed the nation’s cattle herd to its lowest level in decades, tightening margins for meat companies like Tyson Foods (TSN.N). The decline in cattle numbers, after years of drought fried...
CHICAGO, Nov 10 (Reuters) – The United States is importing record amounts of beef this year and exporting less after ranchers slashed the nation’s cattle herd to its lowest level in decades, tightening margins for meat companies like Tyson Foods (TSN.N). The decline in cattle numbers, after years of drought fried...
Pork exports were down slightly in September but continue to maintain a strong pace, according to data from the USDA and an analysis from the U.S. Meat Export Federation. U.S. pork exports totaled 221,140 metric tons in September, down less than 1% from a year ago, while export value...