China, known for its voracious appetite for beef, pork, and chicken, has historically been a driving force in the global meat industry. However, recent shifts in China’s economy are beginning to curb its meat consumption, a development highlighted in a recent Bloomberg report. Despite the easing of COVID-19 restrictions...
AUSTRALIAN beef exports in August have hit a three-and-a-half year high, driven mostly by rapidly deteriorating seasonal conditions forcing more cattle to market. Not since December 2019 – 44 months ago, towards the end of the continental scale drought – have monthly beef exports been this large. Total beef...
Key points Fewer cattle slaughtered so far in 2023 According to CSO Ireland, cattle slaughter (excluding calves) was 3.1% lower during the first seven months of the year versus the same period in 2022. Slaughter of steers and heifers, and cull cows declined by a similar proportion (2.4-3%) to...
Ireland has been identified in a new global report published today (Wednesday, August 30) as one of the EU countries where beef production fell in the first five months of 2023. According to the new report from Rabobank, lower supply is mainly shaping the market in Europe but the...
China’s economy might be slowing, but its appetite for beef is not. New figures show China imported a record 294,963 tonnes of beef in July, mostly from Brazil. Global Agritrends meat analyst Simon Quilty said he believed the record month was largely due to Brazil clearing out a backlog of beef...
The economy of China is expected to face headwinds for the remainder of 2023 that should continue into 2024 even though officials are exploring various stimulus efforts, a recent US Department of Agriculture (USDA) Global Agricultural Information Network (GAIN) report said. The headwinds will impact consumption, production, and trade for...
New export restrictions slapped on two West Australian cattle yards by Indonesia will need to be resolved by Tuesday next week, according to the federal opposition. There has been ongoing tension between Australian livestock producers and the Indonesian government since July when its authorities claimed to detect lumpy skin disease (LSD) in 13...
U.S. meat export sales were strong during the week ending August 24th. The USDA says export sales of beef and pork were both quite a bit larger than average, with China leading the way on beef and Mexico taking the top slot for pork. New crop corn export sales...
Uruguay announced the resumption of meat exports to Mexico after three years, with 22 slaughterhouses authorized to sell beef and sheep meat to that country for the next two years, it was reported in Montevideo. Mexico’s National Service of Agrifood Health, Safety, and Quality (Servicio Nacional de Sanidad, Inocuidad...
According to a recent US Department of Agriculture (USDA) Global Agricultural Information Network (GAIN report) report, chicken meat production is forecast to decline from both white broiler and yellow broiler in 2024 due to import constraints the People’s Republic of China (PRC) placed on avian genetics and related materials for...