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  • 18
    Ago

    Brazil beef lobby says deforestation risks for supply chain remain

    SAO PAULO, Aug 10 (Reuters) – Brazil is raising more cattle on smaller areas, helping to make beef production more sustainable in the world’s largest exporter of the commodity, but supply chain risks remain as criminals continue to clear the Amazon rainforest to graze livestock, beef lobby Abiec said....

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  • 18
    Ago

    Beef trade in June: import destinations shift as exports rise

    Beef trade in June sees imports down slightly but still holding up compared to a year ago, as Irish product mixes change. We explore the latest data and update on the latest movements in GB prices. Key points Where and what are we trading? Despite falling slighting on the...

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  • 16
    Ago

    Argentina’s Secretary of Agriculture Denies Meat Export Ban Shortly After Announcement

    On Tuesday, Argentina announced a 15-day ban on beef exports in an effort to moderate prices amid surging inflation and a steep devaluation of the peso. In June 2023, the annual inflation rate in Argentina stood at 115.6%, the highest level since 1991. Monthly inflation was 6.3% in July...

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  • 16
    Ago

    Argentina is temporarily banning beef exports as it looks to stabilize the peso

    The major beef producer has tightened control over the central bank after a surprise primary win by a right-wing populist candidate. Argentina announced it was freezing all beef exports for the rest of the month on Tuesday (August 15), less than a day after the government took drastic steps...

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  • 16
    Ago

    Argentina Walks Back Beef Export Ban, Eyes Price Accord

    Argentine officials walked back a temporary ban on beef exports on Tuesday just hours after rolling it out as the fallout from an abrupt currency devaluation is zigzagging emergency policy decisions.  The policy uncertainty comes after a stunning primary election Sunday night when outsider candidate Javier Milei won the...

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  • 15
    Ago

    MEAT PRODUCTION ESTIMATES MOSTLY DOWN ON MONTH

    The USDA has decreased its 2023 production projections for most major proteins. Beef production is seen at 26.981 billion pounds, 180 million below July, due to lighter dressed weights for steers and heifers, with an average steer price of $178.50 per hundredweight, $3.20 higher, steady exports and lower imports...

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  • 15
    Ago

    German meat production drops by 5,9 percent, continuing annual decline

    The figures are in for the first half of 2023 and meat production is continuing the trend of steep annual decline in Germany. Compared to the first six months of 2022, production in the federal republic has dropped by 5,9 percent. German meat production on the continued decline Meat production has...

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  • 15
    Ago

    Beef exports to US on the rise

    The July beef export data was released last week, and Australian beef exports continue to tick along at strong levels. The year-on-year shifts in beef export destinations make for some interesting reading, with the timing of our increase seemingly fitting nicely with a decline in US slaughter. In July,...

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  • 15
    Ago

    Tale of two proteins: beef prices expensive, pork prices cheap

    You’ve likely noticed it at the grocery store and on social media: beef prices are high, but pork prices are low. Using a few products from a Stats Canada chart as examples, the average price for beef top sirloin, across Canada, was $21.43 per kilogram in June, compared to...

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  • 15
    Ago

    RECENT FACILITY CLOSURES COULD HELP COMPANIES INCREASE EFFICIENCY

    A livestock economist says market conditions and lack of efficiency contributed to a couple of major meat processors recently announcing the closure of several facilities across the U.S. University of Missouri’s Scott Brown says broiler returns are currently 60% of year-ago levels. “Lower chicken prices, especially at the wholesale...

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