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  • 28
    Jul

    Market Intelligence Update from Canada Beef: U.S. beef demand on track to remain among 20-year highs

    It is no secret that Americans like to barbeque and Circana’s May 2023 consumer survey suggests strong grilling activity for the summer of 2023. U.S. beef demand has been steady so far this year but muted shifts between channels and products are apparent. The current support for beef in...

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  • 28
    Jul

    China remains the world’s largest meat importer despite recent declines

    China has been the world’s largest meat importer since 2019. Despite recent reductions in imported meat volumes, the country remains in the top spot. In 2022, China imported 43 percent more than the second largest meat-importing country, Japan. Issues such as disease, tougher laws addressing environmental issues, and an...

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  • 28
    Jul

    Summer 2023 outlooks for global beef and lamb markets

    Global outlooks for beef and lamb markets for the remainder of 2023 suggest that production is set to increase for both meats, as key players such as Brazil, Argentina and Australia grow their output. Closer to home, the EU short-term outlook shows a decline in beef and sheep production...

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  • 26
    Jul

    Brazil’s Parana declares animal health emergency due to bird flu cases in wild birds

    Reuters SAO PAULO, July 25 (Reuters) – The Brazilian state of Parana, the country’s biggest poultry producer, said on Tuesday it has declared an animal health emergency due to the detection of avian flu cases in wild birds. The move comes after the country’s agriculture ministry directed the states...

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  • 26
    Jul

    UK pig meat imports pick up in May

    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...

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  • 26
    Jul

    Mexican pork export plummets by almost 20%

    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...

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  • 26
    Jul

    End of Black Sea grain deal could raise grain prices 10-15%, IMF says

    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...

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  • 26
    Jul

    South Africa meat sector invests in boosting import-export markets

    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...

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  • 25
    Jul

    US production slowdown is yet to hit

    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...

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  • 25
    Jul

    US beef cow herd slumps to lowest level since 1971

    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...

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