The Alberta fed cattle average set new highs each week as the market entered September. This contra-seasonal price pattern is a result of manageable summer supplies, solid demand and a softer Canadian dollar. It is encouraging to see beef demand and retail sales remain strong as consumers navigate inflation...
South Korea’s exports likely grew at the slowest pace in nearly two years in September, hurt by a weakening global economy led by China, a Reuters survey showed on Thursday. The country’s outbound shipments were forecast to have grown 2.9% from the same month a year ago, according to...
According to Opportimes, “ Mexico registered a year-on-year drop of 36.7% in its exports of calves and heifers to the United States from January to June 2022 to 394,565 heads ”, its main market. For its part, the US only receives live cattle from another country besides Mexico: Canada. The media clarified that ” Mexican cattle...
U.S. Agriculture Secretary Tom Vilsack said Tuesday that he is continuing to speak with officials in Mexico about the impending ban on genetically modified corn in the country, adding that it will be important to have clarity on the issue in 2023. Some Mexican government officials, including Agriculture Minister Víctor Villalobos , have indicated that...
The slaughter of cattle in Panama increased, compared to last year’s figures, according to official statistics collected in different local media, such as the Metro Libre newspaper on its website. Thus, at the end of July 2022, 202,743 heads of cattle were slaughtered, with March being the month with...
The United States shipped a record US$18.7 billion worth of pork and beef products around the world in 2021 and is on pace to exceed that total this year. Beef exports have topped $1 billion in six of the seven months that data is available for this year. Total...
The USDA’s latest livestock and products annual report on the Chinese animal protein market predicts that China’s volume of beef & veal imports will fall by 600kt(19%) in 2023, to 2.5mmt. (figure 1) Among the drivers for this change are that Chinese domestic beef production is expected to continue...
At the end of 2019, Sinaloa received the news that it lost animal health status in livestock, chich indicates that it does not have the sanitary conditions to export livestock to the United States, its main importer. This situation considerably affected the economy of the livestock sector; however, this...
The U.S. Meat Export Federation recently submitted comments to the Office of the U.S. Trade Representative on the U.S.-Kenya Strategic Trade and Investment Partnership. Cheyenne McEndaffer, USMEF senior director of export services, says that USMEF highlighted several non-tariff barriers and potential trade obstacles, including concerns about Kenya’s burdensome import license system, restrictions on...
The relaxation of the beef export quota allowed farmers to add more income, from a greater output of canned cows . According to the Rosario Livestock Market (Rosgan), as of January, these categories, like the bulls , are fully authorized to sell abroad. “Although the rest of the restrictions...