South Korea is currently the leading value market for U.S. beef exports, with shipments on pace to possibly reach $3 billion in 2022. But rising food prices are a concern in Korea, and the government is taking steps to ease the burden on consumers. As part of this effort,...
According to the portal agromeat.com, the southern country has now sent 12,500 live heifers of the Angus breed to cross them at destination with cattle of the Wagyu breed , and thus promote the production of premium meat. The shipment, which left Montevideo for the city of Waigang, was completed with...
During May and June, the sale of live cattle that is sent to the Mexicali feedlots plummeted by 80%, due to the fact that the collectors of the neighboring state found saturated; Thus, of up to 5 cages per week that were released in previous months, at this time only...
Argentine beef exports, in the last semester, grew by 1.3 thousand tons if compared to the same period of the last two years. This means that the total value of the shipments was 1,765 million dollars , 40 percent higher than that of the first six months of 2021. Click here to read...
The fed cattle market held up through the summer, with recent weeks trading between $174.18/cwt and $175.32/cwt. Strong seasonal demand heading into barbeque season as well as restaurant and food service beef movement recovering to pre-pandemic levels have supported prices. At mid-July, the fed steer average in Western Canada...
During the first six months of this year, Mexico placed 302,929 tons of beef, pork and chicken abroad, this represented an increase of 1.8% above what was registered in the same period of 2021. The Agricultural Markets Consulting Group (GCMA) reported that these shipments generated an economic spill that amounted to 1,744.1...
The FAO Meat Price Index averaged 124.0 points in July, down 0.6 points (0.5%) from June, and marking the first month-on-month decrease after six increases consecutive monthly. Click here to read full note: https://eurocarne.com/noticias/codigo/55416/kw/El%20%C3%ADndice%20de%20precios%20de%20la%20carne%20de%20la%20FAO%20baja%20ligeramente%20en%20julio
The latest beef trade data shows June exports were up 15.2 percent year over year while beef imports were down 15.3 percent from last year. Strong exports are helping to offset domestic beef demand struggles while beef imports decreased in the face of increased domestic cow slaughter and lean beef...
Australian beef exports for the month of July have continued to languish – as they have all year – under the burden of low rates of slaughter, logistics challenges and other factors. Volumes shipped to all markets last month reached just 74,949 tonnes, down 6pc on the previous month....
China is on track to be the leading international buyer of U.S. agricultural products for a third consecutive year, as the total value of exported goods reached record levels in the first half of 2022. Some of that can be explained by increased trade volumes of certain items, particularly...