Global meat consumption has recorded a year-on-year increase when compared to figures from 2014, according to data from London-based market. Read more...
The FAO Food Price Index (FFPI) averaged 151.0 points in March 2016, up 1.0 per cent from February, but almost 21 points (12.0 per cent) below its March 2015 level. The main feature last month was the strong rebound in sugar prices, which, combined with a further increase in vegetable oil quotations, more than offset a plunge in dairy values. International prices of the other commodities used in the calculation of the FFPI changed little. The FAOCerealPrice Index averaged 147.6 points in March, down marginally from February, but 13.1 percent less than in March 2015. Wheat prices averaged slightly lower, as a result of strong competition and a generally favourable supply. Read more...
Farming body Copa-Cogeca tells EU ministers to oppose a deal with South American trade bloc Mercosur that would pave the way to lower tariffs, leading to a. Read more...
European pig production grew by 2.5 per cent last year on top of a one per cent rise in 2014 largely driven by growth in the EU’s leading producers Spain and Germany. In 2015, Spanish pig production rose by 8.8 per cent following a 4.4 per cent rise in 2014. Germany’s production rose by 1.1 per cent in 2014 and 0.7 per cent last year. According to the French market analysts, France AgriMer, the boost to European pig production was also supported by an increase in production from the EU’s fourth largest producer, Poland and the Netherlands, which saw growth of 0.7 per cent and 1.6 per cent. The France AgriMer report, “Données. Read more...
The latest reports from China suggest that pig prices remain high and there is little sign of demand for imported pork slowing down. The high price level is evidenced by wholesale pork prices, which tend to track pig prices closely. Over the last couple of months, these have fluctuated around 25 yuan/kg (£2.70/kg) and, if anything, have been increasing further in the latest weeks. This would translate into a liveweight pig price of around £2/kg. Prices are now almost 50% higher than a year ago, when they reached a low point of around 17 yuan/kg. Latest figures suggest that, despite the recovery in prices, Chinese sow numbers continue to fall, as many. Read more...
Earlier this week, Dr Derrell Peel at Oklahoma State University published a very timely short article regarding Mexican beef exports to the US, write Steve Meyer and Len Steiner. The Mexican beef industry has changed dramatically in the past 10-15 years, especially the implementation of boxed beef technology and feedlot associated modern packing plants. In late March, SuKarne announced a huge new beef packing plant and feedlot complex was opening in the Mexican state of Durango. This is the newest modern large scale beef processing plant built from the ground-up in North America. This new complex will likely facilitate continued growth in sales of Mexican beef to the. Read more...
Recently, there has been a renewed focus on concluding bilateral trade agreements globally. In the case of the EU there are two deals currently in the pipeline, the Transatlantic Trade and Investment Partnership (TTIP), and an agreement with Mercosur countries following Argentina recently electing a more business friendly president. The Mercosur counties include six South American nations including Brazil, Argentina, Paraguay, Uruguay, Chile and Venezuela which traditionally are big consumers of beef and, as a region, are very active in the global beef market. When beef exports from this region are combined with that from the US, their share of global beef exports amounts to. Read more...
Bryansk Meat Company, a subsidiary of Russia’s agribusiness holding Miratorg, has confirmed plans to pump billions into the growth of its beef livestock by building. Read more...
Analysis of trade figures shows little change in the volume of pork traded between the 28 EU Member States in 2015.The precise trend is unclear due to some inconsistencies between data from different countries. Export figures show a 4 per cent rise in the amount traded, in line with the rise in production during the year, but import figures show a small fall. Either way, around 5.5 million tonnes of pork moved between EU countries during the year, nearly a quarter of total EU production (and roughly the same as the annual output of Germany, the EU’s largest pork producer). Almost 90 per cent of shipments came from the seven largest exporters. Germany. Read more...
The beginning of April has brought the end of the first quarter in 2016, write Steve Meyer and Len Steiner.Here we will review US red meat and poultry production for first quarter of 2016 compared to 2015, however meat production for the last two weeks of March are still estimated. First, the added day in February carried-over to impact quarterly totals. There were 64 weekdays when slaughter occurred during the first quarter of this year compared to 63 days in 2015. That does not seem like much, but the additional day ends up impacting production by 1.6 per cent. Starting withbeef, preliminary first quarter production totals show 4.8 per cent more beef was produced in. Read more...
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