Renewed Pork Trade: Russia’s First Shipment to China Since 2008
TL;DR: On Thursday, Russia marked a significant milestone by dispatching 27 metric tons of pork to China, resuming exports after nearly 15 years. This development follows the lifting of a ban by Beijing, initially imposed in response to concerns over African Swine Fever, showcasing a renewed opportunity for Russian pork in the world’s largest pork […]
USDA Enforces New Meat Labelling Rule and Supports Local Meat Processing
TL;DR: Agriculture Secretary Tom Vilsack announced a significant update to meat product labelling standards during the National Farmers Union Annual Convention in Scottsdale, Arizona. The new rule mandates that meat products bearing the “Product of U.S.A.” label must originate from animals entirely born, raised, slaughtered, and processed within the United States. This move aims to […]
Alliance Group Navigates Seasonal Shifts and Market Uncertainties
TL;DR: As autumn approaches, New Zealand’s Alliance Group observes a significant uptick in sheep and beef processing numbers, following a period of delayed livestock flows attributed to optimal growing conditions across the North and southern South Islands. In a late February update to its suppliers, the meat processor and exporter outlined its strategic adjustments to […]
Advancements in Trade Discussions Between New Zealand and the UAE
TL;DR: During a recent WTO Ministerial Conference in Abu Dhabi, New Zealand’s Trade Minister, Todd McClay, and UAE Trade Minister, Dr Thani bin Ahmed Al Zeyoudi, made headway towards a Comprehensive Economic Partnership Agreement (CEPA), akin to a Free Trade Agreement. This move follows initial discussions that began last September, with subsequent virtual meetings laying […]
Global Shipping Crisis Intensifies: Impact on New Zealand’s Exports
TL;DR: The global shipping crisis, already strained by Houthi rebel activities in the Red Sea and water scarcity in the Panama Canal, is worsening, posing significant challenges for New Zealand exporters. The situation has compelled many vessels, laden with New Zealand produce destined for European markets, to opt for the longer journey around the Cape […]
Rural Confidence in New Zealand Shows Signs of Recovery
TL;DR: Farm confidence in New Zealand has shown signs of recovery from the record lows experienced last year, according to the latest Federated Farmers Farm Confidence Survey. While still in historically low territory, there has been a positive shift in rural mood, attributed to a slight improvement since the last survey conducted in July 2023. […]
Seasonal Trends and Supply Surge Impact Sheep Prices in 2024
TL;DR: The sheep market in 2024 has seen a robust beginning, with heavy lamb prices peaking at 786¢/kg (carcass weight) in early March, marking a significant recovery from the lowest price point in a decade. However, this initial surge is now showing signs of a gradual decline, nearly 20% lower compared to the same period […]
Grain Price Dip Enhances Lot Feeder Margins in Australia
TL;DR: As of 14 March 2024, the Australian lot-feeding industry is witnessing a significant boost in profitability margins, attributed to the recent dip in grain prices. This development comes at a time when the sector is already experiencing consistent growth, supported by robust infrastructure, expanding export markets, and a steady domestic supply chain. The decline […]
Meat Industry to Incorporate Mandatory Video Surveillance Systems in Animal Welfare Certification System
TL;DR: The Australian Meat Industry Council (AMIC) is committed to upholding high standards of animal welfare in meat processing establishments. Recognising the importance of sound animal welfare practices, AMIC’s National Processor Council has endorsed the integration of Video Surveillance Systems (VSS) into the Australian Livestock Processing Industry Animal Welfare Certification System (AAWCS). This decision reflects […]
Renewables Fast-Track Concerns Victorian Farmers
TL;DR: The Victorian Government’s decision to fast-track renewable energy projects through accelerated planning approvals has sparked significant concern among the farming community. The Victorian Farmers Federation (VFF) has voiced strong opposition to the approach, citing years of inadequate consultation with landholders who stand to be affected by these developments. VFF President Emma Germano expressed frustration […]
