World meat industry news

TPP signed in New Zealand

  • 11 Feb 10:26

TPP signed in New Zealand The Trans-Pacific Partnership was signed by representatives of its 12 member nations in Auckland, New Zealand, on Feb. 3. “We all want to see more American grains, meat and dairy on dinner tables around the world,” said NCGA president Chip Bowling, in a statement in support of TPP. (Photo: Purestock/Thinkstock) The 12 nations involved - the United States, Japan, Malaysia, Vietnam, Singapore, Brunei, Australia, New Zealand, Canada, Mexico, Chile and Peru – account for 40% of the world’s economy. The pact is supported by many agricultural groups in the United States, but others fear the pact will ship jobs to. Read more...

So, is beef demand really that important?

  • 11 Feb 10:24

So, is beef demand really that important? Last week’sIndustry At A Glancehighlighted quarterly beef demand since 1990. As review, the beef industry has enjoyed sustained improvement in demand since the near-term low occurred during the third-quarter of 2009. And since then, beef demand has improved almost 25% and the current 12-month moving average now stands at nearly 93 – the best mark since 1992. However, the beef demand index can prove to be somewhat elusive. The question that generally arises involves its relationship to, and subsequent influence on, cattle markets. Before we get to that question, it’s important to remember that price is always a function of both supply and demand. And. Read more...

Weekly Overview: Weak First Quarter Expected on Global Pork Market

  • 10 Feb 10:23

Weekly Overview: Weak First Quarter Expected on Global Pork Market A new report from Rabobank states that the global pork market is expected to remain weak in the first quarter of 2016, followed by some - partly seasonal - improvement leading into the second quarter. TheGlobal Pork Quarterly Q1 reportsuggests that sufficient supply and modest demand development mean the Rabobank five-nation hog price index will bottom out in the coming months, at the lowest point since 2006, after a stronger-than-expected drop at the end of 2015. “Recent positive demand and price developments in importing countries will start to support prices in exporting countries during Q1,” says Albert Vernooij, analyst. Read more...

Will the Trans-Pacific Partnership rally cattle markets?

  • 10 Feb 10:22

Will the Trans-Pacific Partnership rally cattle markets? Trade has been top of mind for beef producers this past year as export volumes dropped and cattle prices have fallen. A rally could be around the corner with the Trans-Pacific Partnership (TPP) being signed by 12 member countries on Thursday. The trade agreement might be one of the biggest opportunities to turn-around a sliding cattle market. “When you look at the downward pressure we’ve had in the markets over the tail end of 2015 and now into 2016, we’re trying to find all the value we can,” says Colin Woodall, vice president of government relations with the National Cattlemen’s Beef Association (NCBA). Exports and offal took a $200/head. Read more...

USDA Bi-Weekly International Meat, Poultry & Egg Review - 5 February 2016

  • 9 Feb 10:11

USDA Bi-Weekly International Meat, Poultry & Egg Review - 5 February 2016 North America:On January 21, the USDA National Agricultural Statistics Service (NASS) released its Livestock Slaughter report. According to the data, U.S. cattle slaughter during the final quarter of 2015 equaled 7.14 million head. This was down slightly from the previous quarter and was down slightly from a year ago. During the fourth quarter of 2015, U.S. beef production totaled 6.03 billion pounds. This was a little more than the previous quarter and was 1.5 percent more than a year ago. The average live cattle weight at the end of December equaled 1,388 pounds, 21 pounds more than a year ago. During 2015, U.S. cattle slaughter totaled 28.20 million head,. Read more...

Meat business named and shamed

  • 9 Feb 10:08

Meat business named and shamed London-based P&S Foods, which trades as Sam’s Chicken, has been named among the latest list of employers who have failed to pay their workers the National Minimum Wage. In the list, revealed by Business Minister Nick Boles, the 92 companies named owed a combined £1.87 million in arrears, and covered sectors including hairdressing, social care, hospitality and security services. Since the scheme was introduced in October 2013, 490 employers have been named and shamed, with total arrears of over £3m and total penalties of over £1.1m. Boles said: “As a one-nation government on the side of working people, we. Read more...

Belarus Bans Pork and Pig Products From Crimea

  • 8 Feb 14:46

Belarus Bans Pork and Pig Products From Crimea Belarus has banned pork from Crimea following an outbreak of African Swine Fever. The temporary ban was imposed on 3 February by the Belarus Department of Veterinary and Food Supervision, Ministry of Agriculture, reportsDepo. The ban includes live pigs, boar semen, pork (including from wild boar) and products such as leather, horn and hoof and intestinal raw materials and bristle. In addition, a ban is also imposed on feed and feed. Read more...

USA Hog Market

  • 8 Feb 14:44

USA Hog Market We hear this term (Rewarding the Market), but having a marketing plan means we need to pull the trigger, writes Allan Bentley, Sales & Service, Genesus. At the time of my last market report cull sows were 10-15 cents a pound, I advised holding off on those cull sales as long as possible and cull sows are now at 35-40 cents. I think that market will continue higher but we need to reward the market and sell those conditioned sows, as they are the most valuable. As for lighter and thinner sows, I would hold them, if at all possible. The June and July futures at the time of my last report were around 71 cents. That market has improved to almost $81.00. Depending on. Read more...

Farmers Have to be More Pro-Active in Fight Against Brucellosis

  • 5 Feb 14:56

Farmers Have to be More Pro-Active in Fight Against Brucellosis Where bovine brucellosis was relatively under control in South Africa around the nineteen-eighties, there has been a steady increase in cases of this bacterial disease over the past ten years. Lax biosecurity measures and failure to vaccinate seem to be the main drivers behind these outbreaks. Glenneis Kriel reports. There has been a rising incidence of bovine brucellosis cases in almost all the provinces of South Africa over the past ten years. But not only bovine brucellosis (Brucella abortus), there has also been an increase inBrucella ovis, which primarily affects sheep, as well as a few incidents ofBrucella melitensis, which causes Malta fever in humans. While there. Read more...

Global Food Prices Fall Again, but Future Prospects Rest on El Niño

  • 5 Feb 14:54

Global Food Prices Fall Again, but Future Prospects Rest on El Niño The FAO Food Price Index fell in January, slipping 1.9 per cent below its level in the last month of 2015, as prices of all the commodities it tracks fell, sugar in particular. The Food Price Index averaged 150.4 points in January, down 16 per cent from a year earlier and registering its lowest level since April 2009. The FAO Food Price Index is a trade-weighted index tracking international market prices for five key commodity groups: major cereals, vegetable oils, dairy, meat and sugar. The main factors underlying the lingering decline in basic food commodity prices are the generally ample agricultural supply conditions, a slowing global economy, and the strengthening. Read more...