The US looks unlikely to reopen imminently to Brazilian fresh beef exports, Rabobank said – boding well for shipments from rival origins, and prospects for Australian cattle prices to remain close to record highs. "Authorities" in Brazil believe the country will win renewed access to the US for its fresh beef exports "in the first half of the year", Rabobank said. However, "US sources believe that access will not be granted until the second half of the year," a delay which would give extra scope for Australian shipments to what has been its biggest market since 2014. Australia's beef industry is particularly sensitive to. Read more...
Cuba has opened its market to a range of US food imports and the Spanish-speaking country has been tipped to be an unlikely saviour of Europe’s beleaguered pork sector, according to the European Meat and. Read more...
Russia’s Association of Retail Trade Companies has appealed to the government to legalise the content of foreign DNA in meat products at a level not higher than 1%, according to a spokesperson from. Read more...
The strong performance of EU exporters in the final months of 2015 continued into January, with pork shipments up by more than a quarter compared with a year before, at 156,000 tonnes. This represented comfortably the best start to the year on record, despite the ongoing Russian ban. China remains the key driver of the growth, with shipments more than double their level in January 2015. Most other Asian markets took more EU pork this January, with South Korea the only significant exception. This indicates that demand remains strong, despite the slowdown in economic growth, and EU product remains competitive. This has come at the expense of a 7 per cent fall in. Read more...
Thanks to the pre-Easter business, the situation has finally improved on the European pig slaughter market. The knot has been cut. Many quotations are going up noticeably. The first step was taken by Germany with its 5 cents’ plus. Thus, the benchmark was set for the other countries. The Netherlands, Belgium and Austria followed suit with quotations almost alike. The market is cleared; now, shortly before Easter, pigs are well demanded by the slaughter companies. In Great Britain the mood also feels much more like in spring. The quotations recorded for pigs for slaughter went up. As stated by a British market observer, Germany’s five cents’. Read more...
Two major firms in the pork sector have made approaches to buy one of Northern Ireland's biggest meat firms.Dungannon-based Dunbia is one of the largest meat processors in the UK and Ireland, and turns over more than £800m each year.Danish Crown and Cranswick - two of the biggest players in the UK - have reportedly made approaches to buy the pig-processing division of the firm. In December, the Belfast Telegraph revealed that a teaser document had been prepared to be sent out to businesses potentially interested in snapping up the Co Tyrone company. The strategy is usually an early step to establish interest in a business before a formal bidding. Read more...
International Trade Highlights:U.S. exports of chicken leg quarters were down in 2015 in comparison to the prior year. As shown by the graph, export and domestic prices decreased while U.S. cold storage increased. Domestic leg quarter inventories at the end of the year were 4.0 percent lower compared to earlier in the year but were up 29.0 percent when compared to the same time period in 2014. December, 2015 experienced the lowest domestic price for leg quarters (12.03 cents/lbs.) since July, 2002 when leg quarters were 11.16 cents/lb. December also showed the lowest export prices of leg quarters (31.62 cents/lbs.), since January, 2007 when leg quarters were. Read more...
Latest forecasts confirm that expectations of a recovery in the EU market in the short-term may be premature and 2016 looks likely to be another difficult year for EU producers. There is little doubt that the recent weakness of UK pig prices has been affected by the low prices in the rest of the EU. There was a widespread expectation that, despite relatively low feed prices, this would lead to many producers reducing their herds or leaving the industry altogether. Results from the December 2015 pig census confirm that this has indeed happened in a number of Member States. However, expansion elsewhere, notably in Spain, has limited the reduction. Based on the. Read more...
Farming minister Michelle O'Neill says the beef industry in Northern Ireland would "suffer significantly" if a major trade deal between the EU and US gets the green light. Documents reveal concerns from Ms O'Neill, who is Minister of the Department of Agriculture and Rural Development, over how to deal with the issue, according toThe Detail. The Transatlantic Trade and Investment Partnership (TTIP) is a trade agreement, which is being discussed between the EU and US. Speaking about TTIP she said: "Various pieces of research, including research that I have commissioned locally, indicates clearly that the beef sector would suffer significantly from. Read more...
A farm in the Kirovograd region of Ukraine has had to slaughter more than a dozen pigs after the African swine fever (ASF) disease was detected by. Read more...
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