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  • 09
    Nov

    September pork exports steady as beef exports trend lower

    Pork exports increase 9% year over year during first three quarters of 2023. September exports of U.S. pork were down slightly from a year ago but maintained a robust pace, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Beef exports continued to...

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  • 08
    Nov

    Takeaways from AP’s reporting on an American beef trader’s links to Amazon deforestation

    WASHINGTON (AP) — Data analysis by The Associated Press and the Rainforest Investigations Network, a nonprofit reporting consortium, found that a little-known American meat trading company in Utah is feeding China’s growing appetite for Brazilian beef, a commodity that’s driving the deforestation of the Amazon. The world’s largest rainforest, the...

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  • 08
    Nov

    Japan’s wagyu beef exports to Cambodia tumble, bucking overall trend

    Exporters ship more to other markets amid smuggling crackdown TOKYO — Japan’s wagyu beef exports to Cambodia, once the biggest export market for the famous and pricey agricultural product, are declining significantly amid a tougher crackdown by Japanese authorities on smuggling. The volume of wagyu beef exports to Cambodia...

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  • 08
    Nov

    Irish beef exports to China suspended after BSE case

    At a glance Beef exports from the Republic of Ireland to China have been suspended after a case of atypical BSE, commonly known as mad cow disease, was detected in a cow. Irish broadcaster RTÉ reports that the case was confirmed on Friday after tests were carried out by...

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  • 07
    Nov

    U.S. red meat showcasing value and versatility in Mexico

    Demand for U.S. red meat in Mexico has been outstanding in 2023, with pork exports on a record pace and demand for beef reaching its highest level in several years. The U.S. Meat Export Federation (USMEF) has capitalized by aggressively promoting a wide range of pork and beef cuts...

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  • 07
    Nov

    Australia and China: rocky road back to trade and visits

    SYDNEY, Nov 3 (Reuters) – Prime Minister Anthony Albanese will on Saturday become the first Australian leader to visit China in seven years, arriving after a period of badly strained relations with the aim of improving dialogue and stabilising ties. But difficult issues remain between the major trading partners and Albanese...

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  • 07
    Nov

    China October meat imports at 552,000 tonnes – customs

    BEIJING, Nov 7 (Reuters) – China, the world’s top meat buyer, imported 552,000 tonnes of meat in October, down 7.2 % on prior month, General Administration of Customs data showed. Meat imports for January to October were 6.26 million tonnes, up 3.8% on a year ago. @Reuters

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  • 06
    Nov

    U.S. pork, beef value, versatility highlighted in Mexico

    Through August, U.S. pork export value to Mexico climbed 18% to just under $1.5 billion, beef exports were valued at $773.5 million, up 25%. Mexico’s demand for U.S. red meat has been outstanding in 2023, with U.S. pork exports on a record pace and demand for U.S. beef reaching...

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  • 06
    Nov

    Higher Inputs and Interest Rates Impacting Cow Costs

    As the 2023 calendar year winds down, this is a good time for spring calving herds to look at what it cost them to produce a calf in the past year. What did it cost to run a cow on your operation this year? How do you calculate the...

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  • 06
    Nov

    Cattle Market Volatility Increasing Risk for Farmers, May Lead to Record Beef Prices

    Between Oct. 18 and Oct. 23, six days after a bearish Cattle on Feed report, the January Feeder Cattle (Figure 1) contract fell 6.5%, from $252.86/cwt to $236.41/cwt, while December live cattle fell 4.4%, from $187.24/cwt to $178.92/cwt. In response to the dramatic drop in futures, this week packers have...

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