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  • 13
    Feb

    Amid economic challenges, Chinese consumer prices plunges at fastest rate in 15 years

    Beijing [China], February 8 (ANI): Further underscoring the mounting challenges faced by the Chinese economy, consumer prices slid deeper into deflationary territory last month, suffering the biggest drop since the global recession in 2009. The country’s Consumer Price Index (CPI) dropped by 0.8 per cent in January from a...

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  • 13
    Feb

    China’s demand for pork continues to fall

    Last year, China’s pork imports continued to decline. However, there was a slight increase in imports of by-products. The largest delivery volumes for China continued to come from the EU in 2023, but the EU countries are increasingly losing market share to North America. According to the latest government...

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  • 13
    Feb

    2024 USDA MEAT ESTIMATES MIXED

    The USDA’s 2024 meat production projections were mixed on the month. Beef is seen at 26.185 billion pounds, up 75 million from January, expecting a higher rate of slaughter in the second half of the year, along with heavier carcass weights, with an average steer price of $180 per...

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  • 13
    Feb

    USA. Other Country Quota 86% allocated as of February 12

    In its latest Quota Status Report, U.S. Customs and Border Protection reported that the annual Other Country beef quota is 85.81% allocated for the 2024 calendar year. MICA will publish updates on the quota’s allocation data until the quota is exhausted.

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  • 12
    Feb

    New Brexit rules and EU vet shortage put meat imports at risk

    Border regulations require seven-page certificate on meat and dairy products A lack of vets in Europe could force meat suppliers in the EU to hold back deliveries earmarked for the UK under new post-Brexit rules set to come in this week, experts have warned. The British Meat Processors Association...

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  • 12
    Feb

    Australia’s red meat exports surge as US beef production falls

    Australia’s red meat exports rocketed last year as a plunge in livestock prices made its products more competitive at a time when beef production in rival exporter the United States is falling. Shipments accelerated as the year went on, pushing exports of sheep meat to a record high and...

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  • 12
    Feb

    Pork Export Value Sets Record; Strong Finish for Beef Exports

    Led by a record-shattering performance in Mexico and broad-based growth in other markets, U.S. pork exports set a value record in 2023, according to year-end data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). While 2023 beef exports were below the record totals posted the...

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  • 12
    Feb

    U.S. Pork Export Value Sets Record, Strong Finish for Beef Exports

    Infographic credit to the US Meat Export Federation. Led by a record-shattering performance in Mexico and broad-based growth in other markets, U.S. pork exports set a value record in 2023, according to year-end data released by USDA and compiled by USMEF. While 2023 beef exports were below the record...

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  • 06
    Feb

    U.S. beef export outlook for 2024 shows promise

    With December export levels yet to be known, beef exports were down about 12-13% in 2023. While this sounds negative, U.S. Meat Export Federation Chief Executive Officer Dan Halstrom says 2023 is still probably going to be the second-largest year ever for U.S. beef exports, behind 2022. The highlights...

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  • 06
    Feb

    China opens wide for red meat exports

    Exporters are wasting no time in getting products on the water after the biggest opening of the Chinese market to meat exports in the best part of a decade.  The Ministry for Primary Industries confirmed that four meat plants have been granted new access for chilled exports to China...

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