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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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  • 14
    Ago

    Impressive first half for U.S. pork exports, beef exports lower overall

    Pork exports 14% above last year’s pace at 1.47 million metric tons; beef exports 10% below last year at 669,176 mt. U.S. pork exports concluded an excellent first half with another strong performance in June,  according to data released by USDA and compiled by the U.S. Meat Export Federation....

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  • 14
    Ago

    Bone dry on the range: Texas cattle ranchers battle drought, extreme heat

    ENNESSEE COLONY, Texas, Aug 10 (Reuters) – The brown and black cattle of Texas, beloved symbols of the Lone Star state, walk through desiccated grass and stand in shrunken watering holes while their ranchers struggle to get them enough food. For the second summer in a row, drought and extreme heat are stressing...

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  • 14
    Ago

    Are consumers ready to replace beef from cattle?

    Nearly three of every four Americans continue to report that their food satisfaction is thriving, according to July Consumer Food Insights Report. Consumers who report they are most satisfied with their food consumption also spend the lowest share of their incomes on food, according to the July 2023 Consumer Food...

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  • 14
    Ago

    Beef prices show stability at high levels

    Boxed beef prices have been fairly stable for the last few months, which University of Tennessee ag economist Andrew Griffith said is a positive sign for the beef cattle industry. “Since the middle of April, the weekly comprehensive boxed beef cutout price has only traded outside of an $8...

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  • 10
    Ago

    Malaysia suspends import of live cattle from Australia citing lumpy skin disease concerns

    Malaysia has paused the import of all live cattle and buffalo from Australia, following Indonesia’s decision to halt imports from four Australian facilities over concerns about lumpy skin disease (LSD) last month.  Australia’s chief vet Mark Schipp said LSD has never been detected in Australia and the country remains free of the...

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  • 10
    Ago

    Outstanding First Half for U.S. Pork Exports; Beef Exports Below Record Pace of 2022

    U.S. Meat Export Federation examines recent data concerning the beef, pork and lamb industries. WASHINGTON — U.S. pork exports concluded an excellent first half with another strong performance in June, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). While well below the...

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