Russia’s government has renewed a quota for imports of beef and chicken meat with lower tariffs from Brazil effective Jan. 1, the South American country’s agriculture ministry said on Friday. Russia will allow 570,000 metric tons of Brazilian beef to enter the country with taxes reduced to 15% from...
As 2023 began, the January 1 inventory data showed that the number of beef heifers calving was down 5.1 percent year over year, to the lowest level since 2011. The question of how the beef cow herd inventory would change would therefore depend on how beef cow slaughter changed...
The beef industry is celebrating good demand as 2023 winds down. Minnesota Beef Council CEO Kelly Schmidt says the year started with momentum. “We’ve had good beef demand for the last number of years really on the consumer end, and we wanted to make sure that we maintained that....
As steaks sizzle on the grill in a steakhouse in Wuhu, Anhui province, a screen on the wall above shows videos of vast grasslands and herds of cattle in Uruguay, where the beef is from. As economic, trade and agricultural cooperation between China and Uruguay continue to deepen, Gabriel...
Compared with other types of meats, beef is also more expensive, so consumers will likely be looking for cheaper animal proteins in a context of high food inflation, the Commission has said. EU beef production is forecast to fall by 1.6% in 2023, continuing its downward trend from 2022....
The U.S. still has plenty of opportunities to ship red meat around the world despite some recent headwinds. That was a key message from John Hinners, senior vice president of industry relations for the U.S. Meat Export Federation (USMEF), during a meeting with members of the Illinois Corn Marketing...
KEY POINTS Plunging pork prices in China are pushing the world’s second largest economy closer to deflation, in what could be another blow to its faltering economy. A pork glut drove retail pork prices in China down 31.8% in November compared to a year ago, the latest official consumer price...
The move by Beijing is viewed as a positive development for the Australian beef sector and a sign of improved relations between the two countries. The door is opening for increased Australian beef exports to China after Beijing this week lifted import restrictions imposed on three large Australian meat...
Mexico, South Korea, and Japan could soon join the list of countries buying Paraguayan beef Saudi Arabia’s Food and Drug Authority (SFDA) has given the green light to the purchase of beef from Paraguay after a successful audit, the South American country’s National Service for Animal Quality and Health...
Federal officials did not sufficiently assess the risk posed by a devastating cattle disease when they recently decided to allow beef imports from Paraguay, according to agriculture officials of several top beef-producing states. A new U.S. Department of Agriculture rule that ended a 25-year prohibition on those imports went into effect...