Currently, the European pig slaughter market appears in an inconsistent way, being made strongly insecure because of the situation as it is on the German pig slaughter market. Just like in Germany, the quotations were reported to remain unchanged for pigs for slaughter this current week in Denmark, France and in Austria. Information however got circulating soon that the market situation is very tense in Germany as a result of discounted prices – deviating from the concerted price - being paid by various slaughter companies. Such kind of nervousness as is observed in the country of the leading quotation is unavoidably imparted on other European. Read more...
In past years Iran had been a large importer of sheep meat but economic problems and sanctions effectively meant that imports largely ceased. Is it possible that this could change following sanctions that have now been effectively lifted, which followed the decision of January 16 2016 that the country has now met its internationally agreed nuclear requirements? In contrast to sheep meat, imports of beef and veal have been more substantial in recent years already, with trade having built up again since the early 2000s. Iran is the second largest consumer market in the Middle East and North Africa, after Egypt, with around 80 million consumers. Currently, economic growth. Read more...
In spite of a slower economy, China will keep playing an important role in global beef market in 2016. According to Rabobank, although the grey channel has made the market volatile, the massive market will continue to offer sustainable opportunities for the rest of the world. In the first half of 2015, only six countries were allowed to export beef to China, i.e. Australia, Uruguay, Argentina, New Zealand, Canada and Costa Rica. By the end of 2015, Brazil Hungary and Chile had been added to the list of approved suppliers. Market shares by country of origin will look considerably different by the end of 2016 with Brazil likely to edge out Australia as the. Read more...
US import requirements for beef have become a focus for the UK meat industry. This comes after a meeting of industry bodies, headed by AHDB Beef & Lamb and which included Defra, the Food Standards Agency (FSA), Northern Ireland’s Department of Agriculture and Rural Development(DARD). The group discussed beef safety controls with Dr Kenneth Petersen, senior vice president of quality and regulatory affairs for the OSI Group. The meeting – organised by the UK Export Certification Partnership (UKECP) and Defra – focused on the control of STEC E-coli, and was aimed at ensuring processors in the UK are fully aware of the US requirements for this. Read more...
Research shows £260m worth of raw and cooked beef items go to waste annually - equivalent to 300m beef burgers UK householders throw away 34,000 tonnes of beef every year - the equivalent of 300m beef burgers, according to new research. The nationalLove Food Hate Wastecampaign has partnered with farmer and BBC Countryfile presenter,Adam Henson,to urge Britons to make the most of their meat. Around £260m worth of raw and cooked beef items go to waste each year in UK households, according to the research by the campaign. But much of this could be avoided, it says, through simple steps such as planning meals in advance, storing food better,. Read more...
Total natural cheese stocks in refrigerated warehouses on January 31, 2016 were up 3 percent from the previous month and up 12 percent from January 31, 2015. Butter stocks were up 26 percent from last month and up 32 percent from a year ago. Total frozen poultry supplies on January 31, 2016 were up 5 percent from the previous month and up 11 percent from a year ago. Total stocks of chicken were down 4 percent from the previous month but up 13 percent from last year. Total pounds of turkey in freezers were up 44 percent from last month and up 3 percent from January 31, 2015. Total frozen fruit stocks were down 8 percent from last month but up 8 percent from. Read more...
At least 20% of meat companies in Russia will leave the market within the next few years due. Read more...
Brazil has made some dramatic inroads into the imported beef market in China since first gaining access in May last year, muscling-in on Australia’s dominant supplier status driven by two things: price, and improving market access. What does it mean. Read more...
A slowdown in growth in China, weak commodity prices, low bond yields, weak global trade and a fall in the oil price have combined to create uncertainty in global financial markets and an increase volatility. China’s growth has slowed as it attempts to transition from a state-led investment and manufacturing economy to one more dependent on consumption and services. This was widely predicted and should have come as no surprise to the markets. However, it has been the pace of the slowdown that has made investors nervous. It is also widely accepted that China’s official figures may overstate growth, making the slowdown even sharper than reported. This drive. Read more...
EU agri-food exports in December 2015 achieved a value of €11.2 billion, thus exceeding the value of previous years for the same month by almost €1 billion. This is an uptick of more than 9 per cent compared to the usual export values in December. Highest increases in monthly export values were recorded for US, China and Japan, as well as for some Middle East countries, notably Saudi Arabia and United Arab Emirates. The highest increases in monthly export values were witnessed for wheat as well as for vegetables and for pork. On the other hand, exports decreased since last December for milk powder and hides and skins. The EU's agri-food. Read more...
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