EU Still Undecided on Future of Glyphosate Herbicide
Last week, EU countries met but couldn’t agree on whether to keep allowing the use of glyphosate, a common weed killer. The European Commission had suggested letting it be used for another 10 years. Reuters said that to either say yes or no to this idea, 15 countries representing 65% of all EU people needed […]
Red Meat Production: Rising Trends, Poultry Faces Modest Challenges – USDA Report
In a recent USDA report, the outlook for red meat production has taken a positive turn, while there are slight downward revisions for poultry expectations. Let’s dive into the key findings presented in the USDA report: Beef Production: The USDA’s latest estimates indicate a robust beef production forecast, set to reach an impressive 27 billion […]
Australia’s Livestock Markets Experience Notable Fluctuations: Comprehensive Insights from MLA’s 2022-23 Reports
Australia – Meat & Livestock Australia’s National Livestock Reporting Service (MLA-NLRS) has unveiled its annual report on livestock transactions for the financial year 2022-23. The data, which covers both cattle and sheep, reveals significant shifts in the market, offering valuable insights for stakeholders in the agricultural sector. Key Highlights According to the MLA-NLRS reports, Australia […]
AuctionsPlus Records 14-Month Low in Cattle Listings Amid Market Volatility
AuctionsPlus, a prominent online livestock trading platform, displayed a sharp 40% drop in cattle listings last week, with numbers plummeting to just 6,352 head. This marks the lowest level of offerings since August 2022, aside from the usual seasonal lows during Easter and Christmas. The decline is noteworthy, particularly as it follows a period of […]
NZ Swine Producers Urge for Enhanced Import Guidelines Following ASF Outbreaks
New Zealand’s pork sector is sounding the alarm, urging the Ministry for Primary Industries (MPI) to reconsider its current import policies in light of the recent African Swine Fever (ASF) outbreak in Sweden. The call for immediate action was triggered by the Swedish Veterinary Institute’s (SVA) announcement on 7 September, confirming the country’s first cases […]
New Zealand’s Red Meat Sector Grapples with Market Instability
In a climate of global economic unpredictability, New Zealand’s red meat exports have been feeling the pinch. Data from August reveals a 16% slide in revenue year-on-year, totalling $730 million. The most striking decline was in the Chinese market, where exports plummeted by 44%, equating to $213 million. Yet, the picture isn’t entirely bleak; exports […]
Year-on-Year Rise in Irish Food Production Marred by Quarterly Slip
Fresh figures from the Central Statistics Office (CSO) in Ireland offer a complex narrative for the nation’s food production landscape. While a 5.6% increase was recorded for the June to August 2023 period compared to the same months in the previous year, the sector also registered a 2.3% dip when set against the immediate preceding […]
Rising Concerns Over Pests and Weeds in Australian Agriculture: A National Survey Reveals Increased Expenditure and New Challenges
The latest national survey conducted by the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) has revealed growing concerns among land managers about pests and weeds. The 2022 survey indicates that 85% of land managers spent an average of around $21,950 on managing pest and weed species this year, highlighting an increased level […]
Scrutiny Sought Over New Zealand Banks’ Emissions Policies in the Agriculture Sector
Federated Farmers dairy section chair, Richard McIntyre, has raised concerns over the Net Zero Banking Alliance, a coalition of international banks committed to financing climate action to achieve net-zero greenhouse gas emissions by 2050. McIntyre questions whether the alliance compromises the competitive nature of banking in New Zealand, particularly in the agricultural sector. The Bank […]
Navigating Market Changes and Technological Innovations: A Roadmap for New Zealand’s Agriculture Sector
Speaking at the recent New Zealand Grain and Seed Trade Association conference in Auckland, Ian Proudfoot, the head of agribusiness at KPMG, offered a comprehensive outlook on the future of New Zealand’s agriculture sector. He underscored the necessity for market diversification and the adoption of cutting-edge technologies in an ever-evolving global environment. Proudfoot pointed out […]
