Imports Total pork imports for the month of May registered at 68,600 tonnes. This is an increase of nearly 9,300 tonnes (16%) from April’s levels. Imports have increased by 2% (1,600 tonnes) compared to May 2022 levels. Lower availability in the domestic market has been the driving factor behind...
Mexican pork export decreased by 18,3% between January and May 2023 in comparison to the same period last year. The null exports to China during the last month have had an impact on this negative variation, which reached shipments of 82,400 tonnes in these months. However, the top 5...
The International Monetary Fund (IMF) estimated that Russia’s exit from a deal allowing Ukrainian exports via the Black Sea could drive global grain prices up by 10-15%, but said it was continuing to assess the situation, reported Reuters. IMF chief economist Pierre-Olivier Gourinchas told reporters the Black sea grain deal...
In February 2023, South Africa’s Department of Agriculture, Land Reform and Rural Development (DALRRD) and NAMC (National Agricultural Marketing Council) passed the statutory levy for Beef, Pork, Lamb, and Poultry, including Mechanically Deboned Meat (MDM) imported into South Africa, according to a recent press release from the Association of Meat Importers...
Global beef production forecasts for the year have risen slightly since April, primarily driven by the US. If the forecasted volumes eventuate, it will mean total world beef production will be higher year-on-year, according to the US Department of Agriculture’s (USDA) latest world market report. It was expected that...
DROUGHT impact has seen the US beef cow herd slump to its lowest level in 51 years, a report issued this week by the US Department of Agriculture shows. Years of drought, high feed costs and relatively low cattle prices have forced US ranchers to send cows to slaughter...
Meatpackers feeling the squeeze US farmers are raising the fewest beef cows since at least 1971, government data released on Friday showed as drought conditions whittled herds, likely boosting costs for meatpackers that slaughter the animals into steak and hamburgers, reported Reuters. There were 29.4 million beef cows as of...
Brazil shipped 192.74 thousand tons last month Despite the halt in the Brazilian shipments of beef to China (the top destination of the product) in February and March, in the first semester of 2023, exports had the second-best performance in all times, considering Secex series. The volume shipped between...
The US Secretary of Agriculture , Tom Vilsack , said that the plan to implement the ” Product of USA ” label incorporated into meat products will not lead to a trade dispute. Click here to read full note: https://www.reforma.com/aplicacioneslibre/preacceso/articulo/default.aspx?__rval=1&urlredirect=/descarta-eu-disputa-por-etiqueta-product-of-usa-en-carne/ar2573025
Eight out of 10 pesos that the final consumer pays for a kilo of pork remain in the intermediary processes. A producer sells a kilo of pork for an average of 28 pesos, but the final price to the consumer exceeds 130 pesos, according to the Organization of Mexican Pig Farmers ( Opormex ). The...