The Future of Beef Industry and Global Trade Rules
TL;DR: The Australian beef industry faces challenges with changing global trade rules, emphasising the need for adaptability and advocacy to protect its position in the international market amidst evolving sustainability and animal welfare standards. The beef sector’s promising talents were recently urged to focus on evolving global trade trends, especially as key trading partners shift […]
Is China Making a Return to the Global Dairy Scene?
TL;DR: Chinese participation in Global Dairy Trade auctions shows signs of increase, with a recent rise in whole milk powder prices. Economists watch closely, as Fonterra’s forecast remains optimistic despite global economic pressures. Recent developments hint at a potential resurgence of Chinese participation in the Global Dairy Trade (GDT) events, though it’s premature to confirm […]
The Impact of Baltimore’s Key Bridge Collapse on Agriculture
TL;DR: The Key Bridge collapse in Baltimore disrupts port operations, affecting agriculture exports and imports. The incident highlights supply chain vulnerabilities, impacting local farmers and manufacturers, and emphasising the need for resilient infrastructure in supporting trade. On March 26, a container ship collided with Baltimore’s Francis Scott Key Bridge, causing its collapse and the unfortunate […]
Fair Play in Pork Imports Demanded
TL;DR: New Zealand’s pig farmers demand fair import regulations, highlighting the disparity in animal welfare standards between domestic and imported pork, urging the government to enforce local welfare standards on all pork products sold in the country for equity and sustainability. New Zealand’s pig farmers are calling out the inequity in pork import regulations, highlighting […]
Review of Methane Targets in Agriculture Welcomed
TL;DR: New Zealand’s agricultural sector applauds the government’s review of methane reduction targets, aiming for scientifically accurate and economically viable goals to ensure fair treatment and sustainability for farmers. Agricultural groups have praised the government’s decision to reassess biogenic methane reduction goals. An independent panel will examine these targets, ensuring they are scientifically grounded and […]
Navigating the Ageing Workforce Dilemma
TL;DR: Businesses face hiring challenges as baby boomers retire, leading to a shift towards valuing older workers for their experience, reliability, and mentoring capabilities in a competitive labour market. As companies emerge from the economic standstill triggered by the pandemic, they encounter a fresh obstacle: the recruitment of adept workers. This challenge is intensified by […]
US Meat Exports Continue to Perform Strongly
TL;DR: US pork and beef exports remained strong in February, with pork growing globally and beef value increasing despite tight supplies. Lamb exports also rose, led by the Bahamas and Canada. DENVER — This February, US pork exports stayed robust, supported by growth in various regions including the Western Hemisphere, South Korea, and Australia. The […]
New Name for Cattle Disease Announced
TL;DR: AABP renames dairy cattle disease to Bovine Influenza A Virus (BIAV) to clarify its impact and maintain trust in beef and dairy. ASHLAND, OHIO — The American Association of Bovine Practitioners (AABP) disclosed in a recent letter their decision to rename the disease affecting dairy cattle across the United States. The condition, previously associated […]
USDA Calls for Climate Action Proposals
TL;DR: USDA allocates $1.5 billion for conservation/climate projects via RCPP, encouraging proposals from farmers, and ranchers, and enhancing efforts with new funding from the Inflation Reduction Act. MANKATO, MINN. — Last week, the US Department of Agriculture announced its plan to invest $1.5 billion in 2024. This fund is aimed at conservation and climate change […]
Food Prices Set to Slow Down in 2024
TL;DR: USDA expects food prices to rise by 2.5% in 2024, with dining-out costs increasing more than groceries. The USDA forecasts a drop in food prices this year, marking a change from recent trends. After minor increases early in 2024, all food prices are expected to rise by about 2.5%. The Consumer Price Index for […]
