Saudia Arabia may import 200,000 tonnes of red meat Saudi Arabia has expressed interest in importing 200,000 tonnes of red meat and one million tonnes of soybeans annually from Nigeria, as the African country seeks trade to earn dollars, Reuters reported, Nigeria’s Agriculture Minister Mohammad Abubakar said on Thursday. Abubakar said...
Hog futures turn lower ahead of USDA hog-pig report Chicago Mercantile Exchange (CME) lean hog futures turned lower on Thursday, ahead of a quarterly government report that many traders had predicted would show that US farmers had a slightly larger hog herd, Reuters reported, citing traders. Hog futures pared Wednesday’s gains...
August hogs close higher Chicago Mercantile Exchange (CME) feeder cattle futures turned lower and live cattle were mixed on Friday, as traders squared positions ahead of a closely-watched monthly feedlot report and anticipated smaller cattle placements, Reuters reported, citing traders. But after markets closed, the US Department of Agriculture reported...
Hot, dry weather forecast for Russia, Ukraine in coming months Forecast dryness in the Black Sea region’s breadbasket is likely to stunt sunflower and corn yields, while heavy rain in the US after near-record temperatures threatens to take a toll on crops, squeezing world supplies and pushing prices higher, reported...
The activity of biting midges that spread the virus has increased With recent warming weather, and average daily temperatures being consistently above 12°C, bluetongue virus (BTV) transmission is now possible in high-risk counties, according to a press release from the Ruminant Health & Welfare group. Chris Sanders, Research Fellow in Veterinary...
China has banned meat exports from a West Coast cold storage facility near the Port of Oakland after traces of the feed additive ractopamine were found in beef shipments. The Food Safety and Inspection Service said that Chinese customs workers detected the feed additive that’s banned by more than 150 countries....
SINGAPORE, June 17 (Reuters) – Pork suppliers from South America and the U.S. could gain market share in China if Beijing restricts imports from the European Union in response to escalating trade tensions, traders and analysts said. Russia, increasingly a close trading partner of China that started exporting pork to China...
HAMBURG/LLEIDA, June 14 (Reuters) – Europe’s pork industry faces a “nightmare scenario” of lower prices and falling profitability if China restricts imports from the region, industry executives and analysts said on Friday. Chinese firms have asked for an anti-dumping probe into pork imports from the European Union, state-backed Chinese media reported...
Lean hog futures retreat Chicago Mercantile Exchange (CME) lean hog futures backpedaled on Thursday from a one-week high reached during the previous session, while live cattle futures strengthened, reported Reuters. Hog futures eased after wholesale US pork prices pulled back from a jump on Tuesday. The US Department of...
The last remaining restrictions on EU beef exports lifted South Korea has lifted trade barriers on French and Irish beef, the country’s last remaining restrictions on European Union beef exports, Reuters reported, citing the European Commission on Thursday. This move marks a significant development in the European beef industry, providing access...