The Canadian cattle herd has increased 0.3% in the past year to nearly12 million head.On January 1, Canada’s cattle herd totaled 11,960,000 head. The same time in 2015 saw the herd count at 11,920,000 cattle. This is the first increase in herd numbers since 2013. Canada’s cattle numbers are still 19.9% lower than the peak seen in January 2005. Heifer retention increased as producers in Canada rebuild their cowherd. This year 547,000 heifers were held back, a jump of 4% and the first increase in three years. Manitoba and British Columbia were the provinces that saw the largest increase in cattle. The far western province of British Columbia was up 1.8% in. Read more...
Russia’s meat industry could face a tsunami of bankruptcies across its poultry and red meat processing sectors within the next two years, the Meat Council of the Eurasian Economic. Read more...
Global pig prices have fallen steadily throughout 2015, following an exceptionally high year for prices in 2014. Based on the prices of the four major exporters (the EU, US, Canada and Brazil), the average export pork price finished 2015 at $2.38/kg. This is the lowest level for over six years, $0.57 lower than the same point last year and over a dollar less than the price peak recorded in June 2014. Several factors have combined to drive down value in the global pork market. The well documented supply glut following the Russian bans in 2014 has put downward pressure on EU, Canadian and US prices. The EU price has only just started to stabilise in January 2016, in. Read more...
Last year Argentina exported less beef onto the global market than in 2014 but, despite this, trade to China still soared. Argentine beef exports are closely monitored by the government which provides export permits for each shipment. In 2014 Chile was the number one market for Argentine beef, in volume terms, followed by Russia and the EU. All three markets showed some economic problems last year, including currency devaluations, which meant that beef exports shifted towards China. Consequently, China became the largest importer of Argentine beef last year as shipments almost doubled on the year earlier. Chile remained the second destination for Argentine beef,. Read more...
Bothsheepmeat and beef production are anticipated to rise year-on-year during 2016. Calf registrations during 2015 were 3 per cent higher than the previous year Sheep output is forecast to increase by 4 per cent, with the sharpest rise expected to happen towards the end of the year attributed to higher mutton production, according to Hybu Cig Cymru (HCC) -Meat Promotion Wales Market Bulletin. As far as beef is concerned British Cattle Movement Service data is suggesting calf registrations during 2015 were 3 per cent higher than the previous year. Prospects for 2016’s lamb crop look reasonable with numbers expected to increase by 1 per cent on the. Read more...
European scientists want consumers to stop eating so much beef and dairy, saying the methane and nitrous oxide being emitted is to blame for global warming. In a recent paper, researchers from Chalmers University of Technology in Sweden assert that cutting beef consumption by 50% would help the European Union reach its target of limiting global climate change to 2°C by 2050. An analysis was performed to determine what sectors of agriculture play a role in greenhouse gas emissions and if any changes could be made to slowdown global warming. According to the study, beef production accounts for 36% of greenhouse gas emissions and 48% of emissions for both. Read more...
The FAO Food Price Index was stable in February, as falling sugar and dairy prices offset a substantial jump in vegetable oil prices from the previous month. Averaging 150.2 points for the month, the FAO Food Price Index was virtually unchanged from a revised 150.0 points in January and down 14.5 per cent from a year ago. FAO also issued its first forecast for the world's 2016 wheat harvest, projecting 723 million tonnes of total production, about 10 million tonnes below last year's record output. The FAO Food Price Index is a trade-weighted index tracking international market prices for five key commodity groups: major cereals, vegetable oils,. Read more...
Following the initiative of Phil Hogan, European Commissioner for Agriculture and Rural Development, a forum has been established with the aim “of exploring current and future challenges of the EU sheep meat sector”. The forum, organised by the European Commission, is bringing together stakeholders from member states involved in the sheep sector. This includes representatives of producers, processors and traders, including national and EU associations. National Governments, the European Commission and other official bodies, including AHDB, HCC and QMS, are also represented. It consists of three workshops with presentations by experts in their fields. Read more...
Research from comparison website mysupermarket.co.uk has revealed that grocery prices have fallen to their lowest level in more than a year, with minced beef dropping 2.77%. According to the research the cost of a basket of 35 popular products cost £84.83 in February, the lowest recorded price since the mySupermarket Groceries Tracker was launched in late 2014. mySupermarket’s Groceries Tracker monitors the cost of the same 35 most commonly bought grocery products on a monthly basis. When compared to a year ago, the same basket of goods in February 2016 was 4% lower, a saving of £3.76 per shop. Some products dropped in price by almost 14%. Read more...
Beef lovers, your time of suffering—and paying through the nose for burgers, steaks, and roasts—appears to be coming to an end. Beef prices, which have beenincreasing for years, recently hitting rates high enough to inspire outbreaks ofsteak thefts at supermarketsand even the return ofcattle rustling, are finally coming down to earth. According to theBureau of Labor Statistics, consumer prices for most beef products dropped 2% from December 2015 to January 2016, and year-over-year prices for ground beef, chuck roast, and most cuts of steak are down 6% to 11%. It’s quite a turnaround, given that beef prices have beenclimbing steadily since 2010.. Read more...
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