USDA Thursday reported US beef net sales of 9,200 MT for 2022–a marketing-year low–were down 17 percent from the previous week and 35 percent from the prior 4-week average. Increases primarily for Japan (3,800 MT, including decreases of 500 MT), Mexico (2,900 MT), Canada (900 MT), China (500 MT,...
From the Federation of Argentine Regional Meat Processing Industries (FIFRA) a warning has been issued due to the lack of time and means to implement the new system for the sale of meat with which the sale in half carcasses is going to be replaced and which will to...
According to the recently released OECD/FAO Agricultural Outlook report for 2022-2031, global meat exports are projected to be 3% higher by 2031 than in the base period, reaching 40 Mt. This measured slow-down in the growth of trade compared to the previous decade is largely the result of high pig meat...
Chicago Mercantile Exchange (CME) live cattle futures were mixed on Thursday, with nearby contracts firming, while the most-active cattle futures eased pressured by inflationary concerns, though markets remain underpinned by tight cattle supplies across much of the US Plains, reported Reuters, citing analysts. “The weakness comes from the uncertainty...