Argentina is forecasted to increase 5,1% beef and calf production this year, reaching some 3,3 million tons with a domestic consumption of 2.43 million tons, according to the latest report from the United States Department of Agriculture (USDA). This follows on a record beef exports 2023, 682.000 tons, despite...
An ag economist says increases in food costs at home are starting to return to somewhat normal levels. Aimpoint Research’s Executive Advisor on Economics and Trade Dave Juday (jU-day) tells Brownfield price shifts following the pandemic have lasted longer than expected. “With this massive inflation through 2021 and 2022...
The U.S. cattle report shows all cattle and calves reported at 87.2 million head, 2% below the 88.8 million last year. The following is a breakdown of the report: • Cattle and calves, 87.2 million head, down 2%. • Cows and heifers that have calved, 37.6 million, down 2%....
CHICAGO, Jan 31 (Reuters) – The total number of U.S. cattle fell to its lowest level since 1951 as of Jan. 1, in the herd’s fifth consecutive year of decline, U.S. Department of Agriculture data showed on Wednesday. Ranchers have slashed their herds as dry weather in the western U.S. reduced the land...
Meetings have taken place in preparation for the Mid-Year Check-In meetings related to the U.S.-Mexico-Canada Agreement (USMCA). Cara Morrow, Senior Advisor to the U.S. Trade Representative (USTR), met with Mexico’s Under Secretary of Economy for Foreign Trade, Alejandro Encinas, in Toronto. Discussions in the meeting included topics such as...
The president of the Illinois Pork Producers Association says finding a fix for Proposition 12 is a top priority. Chad Leman, an independent pork producer in central Illinois says the California rule lacks consistency. “It allows for ground pork to come into California that’s not Prop 12 compliant,” he...
Dan Halstrom, president and CEO of the U.S. Meat Export Federation, says Mexico’s demand for American pork has been surging. “Number one, the economy is relatively strong,” he said. “Number two, we had a U.S. dollar exchange rate that, unlike the Asian countries, is actually a little weaker against...
New border controls on some of Britain’s food imports from the European Union came into force Wednesday for the first time since Brexit, increasing red tape for businesses and threatening to drive up prices for consumers. Meat, eggs, fish and dairy are among a raft of fresh produce that will now require “export health certificates” and...
U.S. pork exports posted another strong performance in October, led by record-large shipments to Mexico and broad-based growth elsewhere, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). October beef exports remained well below last year’s large totals but improved from September, led...
In 2023, Australia exported a total volume of 1.84 million shipped weight tonnes of red meat to over 100 countries worth a record A$17.08 bn for the 12 months ending November 2023. Meat & Livestock Australia’s (MLA) annual global market snapshots for 2024 provide insights into where the volume...