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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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  • 25
    Jul

    US beef cow herd falls to 52-year low

    Meatpackers feeling the squeeze US farmers are raising the fewest beef cows since at least 1971, government data released on Friday showed as drought conditions whittled herds, likely boosting costs for meatpackers that slaughter the animals into steak and hamburgers, reported Reuters. There were 29.4 million beef cows as of...

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  • 25
    Jul

    Brazil June beef exports hit second highest volume ever

    Brazil shipped 192.74 thousand tons last month Despite the halt in the Brazilian shipments of beef to China (the top destination of the product) in February and March, in the first semester of 2023, exports had the second-best performance in all times, considering Secex series. The volume shipped between...

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  • 21
    Mar

    EU rules out dispute over ‘Product of USA’ label on meat

    The US Secretary of Agriculture , Tom Vilsack , said that the plan to implement the ” Product of USA ” label incorporated into meat products will not lead to a trade dispute. Click here to read full note: https://www.reforma.com/aplicacioneslibre/preacceso/articulo/default.aspx?__rval=1&urlredirect=/descarta-eu-disputa-por-etiqueta-product-of-usa-en-carne/ar2573025

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  • 21
    Mar

    Meat price intermediation triggers

    Eight out of 10 pesos that the final consumer pays for a kilo of pork remain in the intermediary processes. A producer sells a kilo of pork for an average of 28 pesos, but the final price to the consumer exceeds 130 pesos, according to the Organization of Mexican Pig Farmers ( Opormex ). The...

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  • 21
    Mar

    Dairy, meat demand high despite prices

    The high food price environment forced many consumers to reevaluate their spending in recent years. But it hasn’t chased them from the meat or dairy aisle. Sales of red meat, poultry and dairy products remain strong as consumers around the world look to get the most nutrition out of...

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