Rabobank Foresees Uplift in Dairy and Beef Markets, Sheepmeat to Follow
TL;DR: In its latest Agribusiness Monthly report, Rabobank anticipates an upturn in dairy and beef prices for the upcoming year, though sheepmeat values are set to remain stagnant for a while longer. The bank highlights that, unusually, the cost of farm inputs hasn’t risen significantly this season, attributed to subdued demand from the northern hemisphere. […]
Farmers Call for Streamlined Freshwater Regulations
TL;DR: In New Zealand, the agricultural community is pressing the government for an overhaul of the current freshwater farm plan regulations, seeking a system that is both simpler and more economically viable for farmers. Under the Resource Management Act 1991 and the Resource Management (Freshwater Farm Plans) Regulations 2023, farmers are required to conduct on-farm […]
Ukraine’s Agricultural Sector Faces $6 Billion Loss in Machinery Due to Conflict
TL;DR: In a poignant display of the devastation wrought by the ongoing conflict, Ukraine has exhibited destroyed agricultural machinery at its border with Poland. This act serves to underscore the severe impact on the nation’s farming community, with over 181,000 units of machinery, including combines, tractors, and other essential equipment, valued at a staggering $5.8 […]
Chaos at Shipping Chokepoints
TL;DR: An estimated 80% of global trade relies on maritime transport, making it crucial for the movement of goods across the world. This trade is particularly vulnerable at certain geographic chokepoints, where passage is naturally or artificially narrowed. Recent events have highlighted the fragility of these points, with significant implications for global commerce, especially in […]
SEC Adjusts Emission-Reporting Requirements for Processors
TL;DR: The Securities and Exchange Commission (SEC), America’s principal financial regulatory body, announced on Wednesday a significant modification to the existing rules concerning the disclosure of greenhouse gas emissions by processors. This adjustment marks a departure from the previous mandate that required companies to disclose certain emissions, including those indirectly associated with their supply chain, […]
Texas Wildfire Results in Over 1,000 Cattle Missing or Dead
TL;DR: In an unprecedented environmental disaster, Texas is grappling with the aftermath of the Smokehouse Creek Fire, the largest wildfire in the state’s history and the second largest in the United States. This catastrophic event has led to the loss of over a thousand cattle in Hemphill County alone, with the Texas Department of Agriculture […]
Florida Legislature Votes to Prohibit Cultivated Meat
TL;DR: In a landmark decision, Florida’s representatives have cast their votes, with an 86-27 majority, to enact the country’s first comprehensive ban on the commercial creation and distribution of cultivated meat. This move encapsulated within the broader legislative framework of SB 1084, was decided in a Wednesday vote by the House. While the bill introduces […]
Beef Market Update: BCMS Data Signals Future Supply Tightening
TL;DR: The latest data from the British Cattle Movement Service (BCMS) highlights a forthcoming shift in the Great Britain (GB) cattle supply landscape. As we delve into the numbers, a nuanced picture of the beef market’s future emerges, marked by short-term availability increases and longer-term supply reductions. Short-term Supply Dynamics As of January 1, 2024, […]
Alliance Welcomes New Chair as Taggart Retires
TL;DR: Alliance Group has announced a significant change in its leadership, with Murray Taggart stepping down as chair after ten years of service. He will be succeeded by Mark Wynne, an independent director, in a transition that was unanimously agreed upon by the board. This move comes as part of a constitutionally mandated change, marking […]
Weekly Cattle & Sheep Market Wrap – 07 March 2024 | AHDB
TL;DR: In the latest market developments for the week ending 02 March 2024, the British cattle and sheep sectors have shown notable trends. The Agriculture and Horticulture Development Board (AHDB) reports a continued upward trajectory in lamb prices, alongside a stable but firm beef market. Beef and Lamb Prices: A Detailed Overview The Great Britain […]
