Australian cattle prices will fall heading into 2023, while US beef production will drop, providing beef export opportunities for Australian producers, according to Netherlands-based Rabobank. Favourable seasonal conditions are supporting herd rebuilding, although ample feed availability and higher cattle prices are seeing producers trade cattle rather than breeding them,...
The first bilateral meeting between the leaders of China and Australia since 2016 raised hopes that acrimonious tensions between the countries might be easing, leading to the eventual lifting of trade sanctions imposed by Beijing. Australian wine, barley, lobsters, beef and coal were among the products that were hit...
The FAO explained that this year 360 million tons of meat will be produced; in pork, the growth will be 1.8%; the contribution of South America in beef and chicken will be a determining factor. By the end of 2022, the world production of meat products is expected to amount to 360 million...
Tyson Fresh Meats, Inc. is recalling approximately 100,000 pounds of raw ground beef products that may be contaminated with foreign materials, according to a report shared through the Food Safety and Inspection Service (FSIS, for its acronym in English). According to the recall announcement for 93,697 pounds of meat, the items were...
The global beef industry is showing signs of stability, but some less-obvious signs of volatility are looming and could have a negative impact in the coming year, according to Rabobank’s November 2022 Global Beef Quarterly report. Location matters for many key indicators, including expected production levels heading into 2023....
The Chinese market went from being the destination of 63% of the beef exported by Uruguay in the first quarter to 45% this November. It is its lowest participation since June and July 2020 when it fell to 41% as a result of the pandemic. In October the proportion of...
After Mexico opened the import market for beef from Argentina , the Grupo Consultor de Mercados Agrícolas ( GCMA ) affirmed that the measure is totally political, since it will not pay to reduce the costs of meat in Mexico. According to data from the organization specialized in the...
Due to the decrease in meat consumption, both in Mexico and in the United States, the prices of cattle for export are falling and are expected to continue like this during the next four months, affirmed Manuel Balderrama, president of the Saucillo Livestock Association. Calf prices have contracted and...
THE Australian beef industry stands to benefit greatly from an inevitable decline in US beef production next year, a Casino seminar audience has heard. Local beef processor Simon Stahl from Casino Food Group, industry analyst Matt Dalgleish from Episode 3 and NSW lotfeeder Andrew Talbot from Elders Killara stepped through some of the ‘headwinds and...
Averaging more than $1 billion per month through September, U.S. beef exports are on pace for a record year, a fact that plays a critical role in the value of cattle for American ranchers. “Global beef demand is at the highest level on record in 2022,” CattleFax CEO Randy...