World meat industry news

Global Agriculture Faces Decade of Flat or Falling Prices

  • 14 Oct 07:58

World prices for food will remain flat or could fall over the next 10 years because of the current growth in agricultural production. The World Trade Organisation Public Forum, Trade Works, heard last week (30 September – 2 October) that agricultural production has been growing, particularly in Africa, affecting the movement of food prices. The first sessions of the forum, organised by the Kenya Human Rights Commission, the International Union of Food, Agricultural, Hotel, Restaurant, Catering, Tobacco and Allied Workers' Associations (IUF), the Centre for Equity Studies of India and COAST of Bangladesh heard how trade rules need to be reformed to. Read more...

New Copa President Calls for EU/US Free Trade Deal

  • 14 Oct 07:57

New Copa President Martin Merrild has underlined the need to step up talks to get a free trade deal between the EU and US (TTIP) in a visit to the USA today, stressing that benefits are to be had on both sides of the Atlantic. But he said Washington’s move to slap high duties on EU butter and cream exports to the USA needs to be rethought. Speaking to US politicians and his counterparts in Washington, Mr Merrild said: “As Copa President, I will be pressing for a strong export strategy aimed at opening new export markets and I will continue Copa’s pro-active line in the free trade talks between the EU and the USA (TTIP). Negotiations must be stepped. Read more...

USDA WASDE - 12 October 2015

  • 13 Oct 08:21

The forecasts for total meat production in 2015 and 2016 are increased from last month. Beef production for 2015 is raised on larger forecast slaughter of fed cattle in the second half of 2015 and heavier carcass weights. The forecast for 2016 is raised as cattle slaughter and carcass weights in the first half are projected higher than last month. The pork production forecasts for both 2015 and 2016 are raised. The pace of hog slaughter in the remainder of 2015 is expected to be higher. USDA’s Quarterly Hogs and Pigs estimated less of a decline in sows farrowing during June-August than indicated in prior intentions and farrowing intentions into early 2016 support. Read more...

Harbin hosts second China-Russia expo

  • 13 Oct 08:18

The second China-Russia expo opened in the Chinese city of Harbin on October 11. Russian Deputy Prime Minister Dmitry Rogozin and Chinese Vice Premier Wang Yang inaugurated the expo, which is jointly being organized by the Chinese and Russian governments. More than 4,000 Russian businessmen are taking part in the expo, according to Xinhua. Over $3 billion worth of contracts were signed at last year’s expo, according to the news agency. "Today’s expo, infact, is a preparation forPrime Minister Dmitry Medvedev’s visit, who travels toChina inmid-December,” Rogozin said,accordingto Sputnik News. Rogozin said Russia would host. Read more...

Global Food Prices Up Slightly in September

  • 12 Oct 11:56

The FAO Food Price Index averaged 156.3 points in September 2015, up one point from its sharply reduced August value, but still 18.9 per cent less than one year ago. The quotations of sugar and dairy products firmed last month, while those of the other commodities remained close to, or slightly below, their respective August levels. The FAO Dairy Price Index averaged 142.3 points in September, up 6.8 points (5 per cent) from August. The rise followed a sharp fall in the Index in the previous month. While the prices of all dairy commodities firmed, those of milk powders exhibited the largest increase. This was associated mainly with higher quotations from New. Read more...

Russia Hog Market

  • 12 Oct 11:55

Pig price continues to remain stable at 112 Roubles per live kg ($1.71). This is despite a reported increase in pig meat production of 8 per cent over last year. Russians like to eat pig meat. Current talk is all about business growth and more new farms, feed mills and slaughter plants over the next 4 years. The numbers being talked about are well over 500,000 new sow places. How is this likely to impact on the market over time? There is also huge demand for real genetic progress with new Nucleus farms that are properly managed and achieving genuine genetic progress. After years working in the UK through all the legislation changes and an ever decreasing sow herd, it. Read more...

World Grain Yield to Fall Short of Last Year’s Record

  • 9 Oct 09:39

Overall grain production for the 2015/16 year will contract one per cent, largely due to lower maize production, predicts the International Grains Council. Total wheat and coarse grain harvest will contract to 1,996 m tonnes, says the monthly IGC market report. However, grain stocks are forecast to rise to a 29-year peak, including record wheat inventories, while maize will “likely fall”. Downgrading of EU maize has contributed to a 38 m t drop in world yield projections. A spokesperson said: “Grains trade is projected to stay high, albeit 3 per cent below last year’s record. “World rice carryovers are seen falling by 10 per cent. Read more...

Value of Pork Traded Within EU Falls

  • 9 Oct 09:37

Around 3 per cent more pork was traded between EU Member States in the first half of this year, compared with a year earlier, according to figures from Eurostat. However, with unit prices around 10 per cent lower than in January-June 2014, at just under €1.90 per kg, the value of the trade was 7 per cent lower. With around 5 per cent more pig meat produced in the EU during the period and exports to non-EU markets only slightly higher, an increase in trade was perhaps inevitable. Nevertheless, the figures do suggest that a higher proportion of output was retained in its country of origin this year, which will have added to price pressure on some markets. It. Read more...

Attack Over Plans to Restock Pig Farms in African Swine Fever Hot Spot

  • 8 Oct 09:20

The deputy head of Rosselkhoznador, the Russian veterinary authority, Nikolai Vlasov (pictured), has launched a blistering attack against the leaders of the Krasnodar authorities after they announced plans to restock pig farms in the region devastated by African swine fever. The first deputy chairman of the Krasnodar legislative assembly and the chairman of the committee on Agrarian Policy and the Consumer Market, Ivan Mikhail Petrenko, has put forward proposals to restock the pig herd in the region by 2016-2017. “Two years ago because of African swine fever we lost a big part of the pig population,” he said. “Out of 1.5 million pigs. Read more...

Russia to carefully analyze TPP deal - Kremlin spokesman

  • 8 Oct 09:19

Russia will carefully assess the Trans-Pacific Partnership (TPP) agreement before taking a stance, Kremlin spokesman Dmitry Peskov said,accordingto Sputnik News. “This is fairly new information, new agreements,” Peskov was cited as telling reporters. “Therefore, ofcourse, this will be carefully assessed inregard tocompliance withthe Russian Federation's national interests beforesome kind ofstance is formed.” The United States and 11 Pacific Rim countries reached an agreement on the TPP accord on October 5, after five years oftalks. Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam are members. Read more...