World meat industry news

ASF Reported in More Ukrainian Farmed Pigs

  • 1 Apr 10:14

African Swine Fever (ASF) has been reported in more Ukrainian pigs from the villages of Voynivka and Nadlymanske. InVoynivka 15 cases were reported and all 29 pigs in the backyard operation died or were destroyed as a precaution. InNadlymanske, two cases were reported and. Read more...

Rabobank reports South American beef exports to rise

  • 1 Apr 10:13

South America's beef exporters are set to increase exports by an estimated 11% in 2016. This increase is supported by favourable currency values, improved access to importing countries and increased availability of beef. “Brazil, the largest Latin American beef producer, is expected to see reduced local consumption and gains in export access, which, in combination, will lead to more exports,” according to Angus Gidley-Baird, Senior Animal Protein Analyst at Rabobank. Domestically, Brazil is in a complex situation, with high inflation and a rising unemployment rate producing what some describe as the most serious economic crisis the country. Read more...

EU pig meat consumption rising

  • 31 Mar 13:00

The average person in the EU consumed 40.9kg of pig meat in 2015, the largest amount since 2011.Per capita consumption fell between 2011 and 2013 but has now increased for two years in a row, rising by over a kilo in two years. The increase comes as rising EU production was only partly offset by higher exports.Nevertheless, growing export sales meant the EU’s self-sufficiency rate rose from 110% to 112% (i.e. it produced 12% more pig meat than it consumed).Despite the overall increase, the latest figures show stagnant or declining consumption in many of the Member States in the North and West of Europe, including Germany, France and the. Read more...

Germany and Spain Leading EU Pork Exporters

  • 31 Mar 12:59

Traditionally, Denmark has been the leading EU exporter of pork to third country markets. However, in 2015 it was overtaken by both Germany and Spain. All three countries shipped over 300,000 tonnes of pork outside the EU during the year, accounting for 60 per cent of EU pork exports between them, up from just over half two years before. Germany and Spain recorded increases in non-EU sales of 23 per cent and 30 per cent respectively during the year, while Danish exports rose by just 4 per cent; overall EU exports were up 11 per cent. Third country markets accounted for nearly 30 per cent of Spanish and Danish exports but only 20 per cent for Germany. Overall,. Read more...

EU Pig Prices: Price Increase Continues

  • 30 Mar 09:49

The European pig slaughter market was able to continue the friendly trend. The majority of quotations went up again because of the good demand situation before Easter. The marching course was once again determined by Germany with its plus 4 cents. The Dutch and Belgian quotations followed suit and at almost the same height. In Denmark as well, where the price had stayed the same (1.282 €) over the past three weeks, the prices most recently went up by a corrected 4.2 cents, adding up to 1.324 €. This way, Denmark is again leading the ranking of the five countries most significant in European pig keeping and relegating France, Spain, Germany and the Netherlands. Read more...

Red Meat Consumption Rises as Beef Prices Drop in U.S.

  • 30 Mar 09:48

Where's the beef? On dining tables across America,according to Bloomberg. Americans are on track to eat more red meat this year than in the pervious 12 months for the first time since 2006,with theU.S. Department of Agriculture estimatingpeople will consume 54.3 pounds of beef in 2016. A combination of cheaper beef prices and a larger inventory of cattle across the country fueled a push towards increased beef consumption, with the USDA noting current cattle counts at a five-year high. With beef at a lower price point, some restaurants have added new deals to promote beef-based menu items. Wendy's is offering a 4 for $4 deal, which includes a Jr.. Read more...

The power of meat labels and marketing

  • 29 Mar 08:22

We all have bought meat products of some kind from a grocery store or local butcher. However, were you aware of all the statements and logos on that package and what they meant in terms of their impact on the dollar value of the product you purchased? During the March 2nd Animal Care Wednesday Webinar, Dr. Bryon Wiegand, a Professor and Meat Science Extension Specialist at the University of Missouri, discussed the value of meat products and their label claims. He used beef as his example, but the same principles can apply to any of the other species, including pork, lamb, and poultry. Adding value With any livestock species, when live animal prices go down, there is. Read more...

USA Hog Market

  • 29 Mar 08:20

This seems to be shaping up as a very traditional pricing year, as something always seems to short the pig supply in the 2nd quarter, writes Allan Bentley, Sales & Service. The semen extender issue that we have all heard about but not much has been reported on should at least be part of the issue at that time. I believe most of that extender was off the market by November 1, 2015. That math adds up to shorter numbers of pigs coming soon. We should see some $80 plus base bids. Watch the next few months and study the actual basis. If the basis is at zero, the futures are going to fight the move higher. If that happens, fine, then sell those cash hogs. What. Read more...

Chinese firm announces meat expansion in Kazakhstan

  • 28 Mar 11:23

Chinese firm Rifa Holding Group plans to pump $200m into the production of beef, lamb and meat processing in several regions of Kazakhstan between. Read more...

Will a softer dollar boost ag exports?

  • 28 Mar 11:22

A sliding U.S. dollar could boost corn and soybean exports, but wheat remains under pressure from foreign competitors with weaker currencies, according to analysts. Last week, the U.S. Federal Reserve Bank said it would leave interest rates unchanged, and that it would seek an interest rate hike of only 2% in 2016. The move weakened the dollar, raising hopes that it could hike agricultural exports. “It has been a plus for price action in corn and beans. We’ve seen some good numbers; wheat lagged behind,” said Ted Seifried of Zaner Ag Hedge in Chicago. “Anything should help wheat,” he added. “The biggest impact, because it. Read more...