World meat industry news

Global Poultry Industry's Outlook Still Strong, Rabobank Says

  • 17 Sep 09:59

Global Poultry Industry's Outlook Still Strong, Rabobank Says The margin outlook for the global poultry industry is still strong and the industry is benefitting from ongoing bullish market fundamentals, according to Rabobank’s latest Poultry Quarterly Q3 report. Supply is balanced in most regions, the report said, beef prices are high and feed costs are low. With China as the major exception, the industry is profitable in almost all major global regions. Avian influenza remains a major concern for the global industry, with new outbreaks in most regions in the world, except Australia and South America. However, the number of outbreaks has been lower in the previous months, and this offers the industry in these regions. Read more...

USA Hog Markets

  • 16 Sep 08:46

USA Hog Markets We have gained $8.00 in October hogs in about 10 days. We still have an inverted basis but I don’t think that will continue - it will widen. This is as sure as death and taxes, writes Allan Bentley, Sales & Service. Here is the unknown, will cash fall or futures continue higher? The calendar says cash will fall but that is not rocket science. As I mentioned, the futures have recovered a substantial amount. Retracement charts tell me that October hogs will run out of steam at these prices. Demand is good and I am not hearing any problems getting hogs to packers on a timely fashion. I think the million-dollar question is - what will the effect be of the bird. Read more...

European Commission Proposes Support Measures for Pork Sector

  • 16 Sep 08:44

European Commission Proposes Support Measures for Pork Sector An estimated 6,000 European farmers brought Brussels to a standstill last week when bureaucrats formulated strategies to stabilise the sector. But farm leaders have warned the European Commission’sComprehensive Package of Measuresis “far from sufficient” to have a noticeable impact. They are concerned that the €500 million promised will not compensate for the loss of €5.5 billion pulled from EU farmers through Russia’s imports ban. As part of the proposed Package of Measures, pork products should benefit from an increase in promotion package funding, a new Private Storage Aid scheme and the opening of new markets,. Read more...

Ukrainian pork likely to disappear from Russian market

  • 15 Sep 07:51

Ukrainian pork likely to disappear from Russian market The imminent free trade agreement (FTA) between Ukraine and the European Union (EU) will likely lead to Russia closing its borders for pork from Ukraine. Not only is Russia to fully ban import of pork, this will also apply to other meat products from Ukraine as soon as the country will enter a Free Trade Zone with the EU. It is scheduled for January 1, 2016. Pork from Brazil, Chile or China As an alternative, Russian supermarket shelves will soon be filled with, amongst other products, bacon from Brazil, Chile or China. That promise was recently made by Alexei Tkachev, the Russian minister of agriculture. Tkachev was quoted to say, "Speaking about. Read more...

Global Pork Prices Begin to Rise but Remain Very Weak

  • 15 Sep 07:49

Global Pork Prices Begin to Rise but Remain Very Weak Global pork prices reached a low in April before increasing in May and remaining stable in June, however prices remain well below levels seen in 2013 and 2014.The global market has been at its weakest for some years. Following the high levels seen last year global pork prices fell to $2.51 per kg in April, 24 per cent lower than in the same month last year. Since then there has been a modest price increase in May and in June it averaged at $2.64 per kg still one quarter less than a year earlier. Such is the homogeneity of the global market that developments for all major exporters have been similar. This analysis is based on export prices for the four main. Read more...

FAO Food Price Index Registered Steady Meat Prices in August

  • 14 Sep 10:16

FAO Food Price Index Registered Steady Meat Prices in August The FAO Food Price Index averaged 155.7 points in August 2015, down 8.5 points (5.2 per cent) from July, the sharpest monthly drop since December 2008. In addition to ample supplies, a number of other factors contributed to the decrease, including the slump in energy prices and concerns about China’s economic slowdown and its negative consequences on the global economy and financial markets. The decline affected all the commodities tracked by the index, except for meat, the prices of which remained generally steady. The FAODairyPrice Index averaged 135.5 points in August, down 13.6 points (9.1 per cent) from July. As in the previous three months, milk powders. Read more...

USA Hog Markets

  • 14 Sep 10:12

USA Hog Markets We have gained $8.00 in October hogs in about 10 days. We still have an inverted basis but I don’t think that will continue - it will widen. This is as sure as death and taxes, writes Allan Bentley, Sales & Service. Here is the unknown, will cash fall or futures continue higher? The calendar says cash will fall but that is not rocket science. As I mentioned, the futures have recovered a substantial amount. Retracement charts tell me that October hogs will run out of steam at these prices. Demand is good and I am not hearing any problems getting hogs to packers on a timely fashion. I think the million-dollar question is - what will the effect be of the bird. Read more...

EU Debates Farm Animal Cloning Ban

  • 11 Sep 09:47

EU Debates Farm Animal Cloning Ban Amendments to a European Commission proposal to ban the cloning of farm animals in the EU are the subject of an MEP debate and vote on Tuesday 8 September.The MEPs in charge of steering the plans through Parliament support the ban, but want to add provisions on the offspring of cloned animals and the marketing of their products coming from countries outside the EU. Current situation In the EU food from clones currently needs a pre-market approval based on a scientific food safety assessment by the European Food Safety Authority (EFSA) before it can be put on the market. The parliamentary report Not only does cloning raise questions about ethics and how. Read more...

The Horror of African Swine Fever in Eastern Europe

  • 11 Sep 09:45

The Horror of African Swine Fever in Eastern Europe Over this summer, it has been with increasing dread that the pig industry has watched the progressive and relentless movement of African Swine Fever in the East of Europe, write Dr John Carr and Zygmunt Pejsak, for ThePigSite. Following the introduction in 2007 in Georgia, the virus is now well established in the West of Russia, the Baltic region, northern Ukraine and Poland. The disease is spreading out in all directions. Unfortunately Belarus does not reveal the situation within its area which is a critical problem in the elimination of this virus. Fig 1. The distribution of African Swine Fever cases in Eastern Europe. The red circles indicate cases the pink. Read more...

Further Backyard Pigs Dead From ASF in Ukraine,more Wild Boar Killed by ASF in Estonia and 34 ASF Outbreaks Reported in Latvia

  • 10 Sep 13:41

Further Backyard Pigs Dead From ASF in Ukraine,more Wild Boar Killed by ASF in Estonia and 34 ASF Outbreaks Reported in Latvia There has been another outbreak of African Swine Fever (ASF) on a backyard pig holding in Ukraine.Seven pigs died in the outbreak and another pig was destroyed. Stamping out has been conducted in the area.The outbreak occurred in Maksymivka village, in Chernigov province. There have been eight more outbreaks of African Swine Fever (ASF) in Estonia.Thirteen wild boar died from the disease across the eight outbreaks.The outbreaks occurred in the provinces of Viljandi, Vöru, Pölva and Jögeva. Two pigs and 22 wild boar died in the most recent African Swine Fever (ASF) outbreaks reported in Latvia.Only two of the 34 outbreaks occurred in pigs, with the rest. Read more...