Export to the US and Canada could increase demand Paraguayan beef exports in 2025 are forecast down at 450,000 tons carcass weight equivalent with an expected smaller beef supply after a very large slaughter in 2024, according to a recent US Department of Agriculture (USDA) Global Agricultural Information Network (GAIN)...
For 2025, production is forecast to rise 1.3% The USDA Foreign Agricultural Service (USDA-FAS) post in Wellington forecasts production for 2025 to increase by 1.3% to 760,000 metric tons (MT) carcass weight equivalent (CWE) relative to the revised 2024 MY estimate of 750,000 MT CWE, according to a recent US...
Meat shipments down 6% from a year ago While US pork exports to China/Hong Kong are running well below last year’s pace, the region remains the leading export destination for US pork variety meat, according to data released by USDA and compiled by the US Meat Export Federation (USMEF). Through...
Erin Borror, the vice president of economic analysis with the U.S. Meat Export Federation, says U.S. beef and pork exports are affected as port strikes happen along the East and Gulf Coasts. “These ports accommodated about $2.8 billion worth of U.S. red meat exports in the first seven months...
Losses are due to the Russian invasion Indirect losses in Ukraine’s key agricultural sector caused by the Russian invasion could reach $83 billion by the end of 2025, mainly due to falling harvests, Reuters reported, citing the Kyiv School of Economics (KSE) on Thursday. Ukraine is a global major grower and...
Value increased 2% to $19.6 million US beef exports to the Middle East totalled 4,253 mt in July, up 13% from a year ago, according to data released by USDA and compiled by the US Meat Export Federation (USMEF). Export value increased 2% to $19.6 million. Exports were fuelled by...
Nearby hogs end up Chicago Mercantile Exchange (CME) livestock futures fell on technical trading as the session ended on Thursday, according to analysts, after trading both sides earlier in the day, reported Reuters. Benchmark CME December live cattle futures settled down 1.300 cents at 186.400 cents per pound. CME...
Pastures were scarce in practically all regions The upward trend for fed cattle and beef prices in Brazil influenced increases for calf and lean cattle quotations in late September, according to a recent market report from Cepea. Pastures were scarce in practically all regions, but background farmers were focused on rises...
This, despite a 3% decline in volume US beef exports to China/Hong Kong achieved a year-over-year increase in value in July, according to data released by USDA and compiled by the US Meat Export Federation (USMEF). Export value reached $162 million, up 5%, despite falling 3% in volume to 17,470...
Frozen seafood also impacted Dockworkers striking at US East Coast and Gulf Coast ports are preventing imports of beef that restaurants and retailers increasingly rely on to make hamburgers due to limited domestic supplies, Reuters reported, citing traders and industry members. The labor strike blocks everything from shipments of automobiles to containers...