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  • 13
    Oct

    US beef market update: production falling, as imports face competition

    Key points Production US beef production is set to reach an estimated 12.2 Mt for 2023, a fall of over 600,000 t from 2022. This stems from a fall in slaughter from feedlots, down 5% year on year for July. Production is expected to fall for the remainder of...

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  • 11
    Oct

    Egypt to reduce prices of food commodities to counter soaring inflation

    CAIRO, Oct. 9 (Xinhua) — The Egyptian government will reduce the prices of seven food commodities by 15 percent to 25 percent for six months, Egyptian Prime Minister Mostafa Madbouly said in a press conference on Monday. The food commodities included beans, lentils, dairy products, pasta, sugar, cooking oil,...

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  • 11
    Oct

    Egg shortage in S. Africa: Rationing and shortages

    South Africa is battling against highly pathogenic avian influenza in the country, which has resulted in massive grocery retailers nationwide limiting the number of eggs that shoppers can buy. Meanwhile, producers warn of chicken meat shortages in the coming weeks. “Due to the shortage of eggs caused by the...

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  • 11
    Oct

    10 million Europeans to be targeted in Irish beef promotion

    Bord Bia is targeting more than 10 million European consumers with Irish beef promotions as this year’s most influential food and drink trade show kicks off in Germany. 20 Irish food companies ranging from wild venison to global dairy exporters are participating at the world’s largest trade food fair...

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  • 11
    Oct

    Drought intensifies across Mexico, impacts agricultural production

    Three-quarters of Mexico is now in drought, causing failing harvests and cattle deaths across the north of the country. According to Mexico’s Drought Monitor, which is updated every two weeks by the National Meteorological Service (SMN), 74.96% of the national territory was in drought on Sep. 30, up 7.88 percentage...

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  • 09
    Oct

    Brazilian beef production grows

    Falls in feed prices have boosted margins for Brazilian cattle farmers Beef production in Brazil was up 7 per cent in the first half of 2023, with competitive prices supporting international trade. Beef production reached 4.1 million tonnes in the first half of the year, due to an increased...

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  • 09
    Oct

    Global volatility hitting NZ’s red meat sector

    Other countries competing against New Zealand in China is being cited as one of the reasons for the pressure our red meat sector is currently facing. NZ red meat exports for the month of August were worth $730 million – a 16% drop on the same month in 2022....

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  • 09
    Oct

    Uruguay beef exports down 31% in seven months; suppliers are targeting the domestic market with 30% rebates

    Beef exports from Uruguay were down 19% in July 2023 compared to last year, according to the Uruguay XXI report. Exports in July totaled US$ 144 million, below the US$ 177 million reached in the same month last year. In the seven month period from January to July, Uruguay...

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  • 09
    Oct

    Record Value for Mexico Fuels August Pork Exports, Beef Sees Modest Rebound

    Although August exports of U.S. pork were steady year-over-year, beef exports were well below the large totals of August 2022, reports the U.S. Meat Export Federation (USMEF). Data released by USDA and compiled by the USMEF show pork exports were led by another tremendous performance in Mexico and beef...

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  • 09
    Oct

    Mexico fuels August pork exports; modest rebound for beef

    Through the first eight months of 2023, pork exports were up 11% in volume and 9% in value while beef exports trailed by 12% in volume and 19% in value. August exports of U.S. pork were steady year-over-year, led by another tremendous performance in Mexico, according to data released...

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