Cattle Australia Statement on Greenpeace Report
TL;DR: The Australian cattle industry focuses on sustainable practices, supporting communities and wildlife. Research and strict regulations highlight our environmental efforts, and we engage with stakeholders to improve and meet international standards. Proud of Our Industry The Australian cattle industry is proud of the safe, nutritious red meat we produce. This supports our communities and […]
Cautious Optimism for Winter Beef Bull Sales
TL;DR: This winter, beef bull prices are expected to stay steady, but clearance rates may drop due to financial pressures on farmers. Cattle farmers will buy cautiously, focusing on essential spending and genetics. Despite challenges, high-quality bulls will still sell well. Breeders and buyers understand the financial difficulties and aim to make smart, long-term decisions. […]
Federated Farmers Pushes for Rural Banking Inquiry
TL;DR: Federated Farmers is urging an inquiry into rural banking due to declining services and increased pressure on farmers, impacting their mental health. They question Reserve Bank policies raising capital requirements, which banks use to justify higher interest rates, and suggest these policies may be worsening the situation. Emotional Toll on Farmers Federated Farmers is […]
Biden Increases Tariffs on Some China Products, Prompting Fears of Retaliation
TL;DR: President Biden increased tariffs on China, raising concerns about Chinese retaliation on U.S. agriculture. Key sectors affected include steel, semiconductors, and clean energy. President Biden increased tariffs on $18 billion worth of imports from China on Tuesday. This decision has raised concerns that China might respond by imposing tariffs on U.S. agricultural products. During […]
Canada Approves Paraguay Beef Imports
TL;DR: Paraguay can now export beef to Canada, with plans to increase pork and poultry exports. US import suspension continues. Approval and Details ASUNCIÓN, PARAGUAY — Paraguayan beef is now allowed for export to Canada. This news came after the Canadian Food Inspection Agency (CFIA) gave its clearance earlier this week. Nine meat plants in […]
Strong Fresh Meat Sales in April: Report
TL;DR: Due to high food-away-from-home inflation, home cooking is on the rise. In April 2024, food and beverage prices increased 1.9% year-on-year, with fresh meat prices up 0.7%. Beef, turkey, and exotic meats saw price rises, while lamb and sausage prices fell. April meat sales dropped 2.1% due to Easter timing but showed yearly growth. […]
How Non-Tariff Measures Impact Poultry Trade: ERS Study
TL:DR: NTMs significantly affect poultry trade, with SPS and TBT measures having varying impacts on international and domestic markets. A recent study by the USDA’s Economic Research Service examined how non-tariff measures (NTMs) affect the poultry industry. The study, published this month, reviewed notifications to the World Trade Organization (WTO) regarding non-discriminatory poultry NTMs. These […]
EU Pork Market: Will Current Market Steadiness Last the Year?
TL;DR: EU pork production grew by 5% in early 2024, driven by Spain, Germany, and Poland. Prices are stable, with minor fluctuations. France saw the largest price increase, while Denmark and the Netherlands experienced declines. Stable demand is expected, but potential shifts and feed prices could pressure the market. Exports fell, and further declines are […]
Opportunities for UK Pork Exports Highlighted by Mexican Visit
TL;DR: A Mexican delegation’s inspection of UK pork facilities aims to maintain and expand market access, especially for pork offal, highlighting ongoing efforts and potential growth in this crucial market for British pork exports. Mexican Delegation Visit A key moment for the UK pork sector has been marked by a visit from Mexican officials. The […]
Launch of the National Young Cattle Indicator
TL;DR: Meat & Livestock Australia launched the National Young Cattle Indicator (NYCI) to provide detailed insights into the national restocker market, enhancing decision-making across the beef industry. Today, Meat & Livestock Australia (MLA) introduced the National Young Cattle Indicator (NYCI) at Beef Australia, providing a comprehensive overview of the national restocker market. An Improved Market […]
