World meat industry news

GLOBAL POULTRY TRENDS - Developing Countries Main Drivers in Chicken Consumption

  • 16 Feb 09:02

Global poultry meat consumption is rising, and so is consumption in the Americas, with white breast meat preferred by the higher-income consumers, writes poultry industry analyst Terry Evans. The Americas accounted for almost 842 million or 14 per cent of the global human population in 2000. Since then, although numbers have grown to 991 million in 2015, the region’s share of the total has slipped to 13.5 per cent (Table 9). Looking further ahead the population of this region is expected to grow by 0.8 per cent per year to 2030. However, the global total is forecast to expand by a shade under 1 per cent per year, hence the Americas as a proportion of. Read more...

UK pork crisis looms as pig farmers expect income to half in 2016

  • 16 Feb 08:59

The English breakfast may be more likely to feature sausages from European farms in future as plunging prices force more and more UK pig farmers to quit Special pig farms will see their income fall 46 per cent from £49,400 to £26,5000 in 2016Getty Britain’s pig farmers are feeling the pressure as yearly income for pig-only farms forecast to fall by 46 per cent this year. The English breakfast may be more likely to feature sausages from European farms in future as plunging prices force more and more UK pig farmers to quit. Special pig farms will see their income fall 46 per cent from £49,400 to £26,5000 in 2016, according to the. Read more...

Russia signs meat deal with Uruguay

  • 15 Feb 14:16

Uruguay will supply Russia with high-quality beef, following the recent agreement to reduce import tariffs, signed by deputy head of the Russian Agricultural Ministry Sergei Levin and Tabare Aguerre, minister of stockbreeding, agriculture,. Read more...

EU, Colombia to Increase Trade in Organic Products

  • 15 Feb 14:15

The Government of Colombia and the European Commission announced today the start of negotiations towards a bilateral agreement on trade in organic products between the European Union and Colombia. Both sides confirmed their interest to swiftly conclude, at the end of the negotiations, an agreement that would allow a larger market for organic farmers, reduced burden for companies and more organic products available to consumers. EU Commissioner Phil Hogan is visiting Colombia from 7 to 9 February 2016, accompanied by a delegation of 35 European businesses representing a wide range of the European Union's agri-food sector. In the framework of Commissioner's. Read more...

High US Red Meat, Poultry Production Means Prices Down

  • 12 Feb 16:19

It was mostly a consolidation day for livestock futures on Tuesday. This was particularly the case for cattle following the limit down day on Monday, write CME analysts Steve Meyer and Len Steiner. Ongoing weakness in broader markets continues to keepcattleon the defensive. There are plenty of opinions about price direction for cash cattle/boxed beef prices in the short term, given the start of Lent season (Feb 10), a week earlier than a year ago. Hogfutures have been trading sideways for the past few days. Cash prices have been stronger than some expected and it is interesting to note that hog weights have declined sharply in the last two weeks, an. Read more...

More ASF Reported in Russian Pigs

  • 12 Feb 16:17

A new outbreak of African Swine Fever (ASF) has been reported on a pig farm in the Penzenskaya region of Russia. Of the 292 pigs susceptible on the farm, one case was reported. As a result of the outbreak,. Read more...

TPP signed in New Zealand

  • 11 Feb 10:26

The Trans-Pacific Partnership was signed by representatives of its 12 member nations in Auckland, New Zealand, on Feb. 3. “We all want to see more American grains, meat and dairy on dinner tables around the world,” said NCGA president Chip Bowling, in a statement in support of TPP. (Photo: Purestock/Thinkstock) The 12 nations involved - the United States, Japan, Malaysia, Vietnam, Singapore, Brunei, Australia, New Zealand, Canada, Mexico, Chile and Peru – account for 40% of the world’s economy. The pact is supported by many agricultural groups in the United States, but others fear the pact will ship jobs to. Read more...

So, is beef demand really that important?

  • 11 Feb 10:24

Last week’sIndustry At A Glancehighlighted quarterly beef demand since 1990. As review, the beef industry has enjoyed sustained improvement in demand since the near-term low occurred during the third-quarter of 2009. And since then, beef demand has improved almost 25% and the current 12-month moving average now stands at nearly 93 – the best mark since 1992. However, the beef demand index can prove to be somewhat elusive. The question that generally arises involves its relationship to, and subsequent influence on, cattle markets. Before we get to that question, it’s important to remember that price is always a function of both supply and demand. And. Read more...

Weekly Overview: Weak First Quarter Expected on Global Pork Market

  • 10 Feb 10:23

A new report from Rabobank states that the global pork market is expected to remain weak in the first quarter of 2016, followed by some - partly seasonal - improvement leading into the second quarter. TheGlobal Pork Quarterly Q1 reportsuggests that sufficient supply and modest demand development mean the Rabobank five-nation hog price index will bottom out in the coming months, at the lowest point since 2006, after a stronger-than-expected drop at the end of 2015. “Recent positive demand and price developments in importing countries will start to support prices in exporting countries during Q1,” says Albert Vernooij, analyst. Read more...

Will the Trans-Pacific Partnership rally cattle markets?

  • 10 Feb 10:22

Trade has been top of mind for beef producers this past year as export volumes dropped and cattle prices have fallen. A rally could be around the corner with the Trans-Pacific Partnership (TPP) being signed by 12 member countries on Thursday. The trade agreement might be one of the biggest opportunities to turn-around a sliding cattle market. “When you look at the downward pressure we’ve had in the markets over the tail end of 2015 and now into 2016, we’re trying to find all the value we can,” says Colin Woodall, vice president of government relations with the National Cattlemen’s Beef Association (NCBA). Exports and offal took a $200/head. Read more...