Canadian Meat Industry Forms Coalition to Challenge UK Trade Proposals, Demands Fair Deal
TL;DR: In a strategic move, the Canadian Pork Council (CPC) has raised the flag of concern over the trajectory of trade negotiations with the United Kingdom. Aligning with a consortium of animal protein sectors, the CPC is pushing for a critical reassessment of the UK’s aspiring membership in the Comprehensive and Progressive Agreement for Trans-Pacific […]
USDA’s WASDE Report Adjusts 2024 Meat Production Forecasts: Beef Up, Pork Down, and Poultry Mixed
TL;DR: The USDA’s World Agricultural Supply and Demand Estimates (WASDE) report has updated its projections for 2024, indicating a notable adjustment in beef production forecasts. The report outlines a year of two halves for the cattle industry, with a deceleration in slaughter rates expected initially, before transitioning to a heightened activity involving steers and heifers […]
USDA Secretary Vilsack Foresees Regulatory Challenges with California’s Proposition 12
TL;DR: During a recent gathering with state agriculture department officials on the USDA patio, Secretary Tom Vilsack voiced apprehensions regarding the implications of states enacting regulations akin to California’s Proposition 12. This legislation, which prescribes specific housing standards for pork sold within California regardless of the production location, has sparked a debate on the extent […]
Cattle Australia Reassures on PFAS Safety in Beef, Backed by National Diet Study Findings
TL;DR: Cattle Australia (CA) has responded to public concerns regarding the presence of per- and poly-fluoroalkyl substances (PFAS) in Australian beef, emphasising the organisation’s commitment to consumer and producer safety. Dr Chris Parker, CA’s Chief Executive Officer, reassures that CA is in continuous dialogue with regulatory bodies tasked with assessing PFAS risks, underlining the global […]
Cattle Australia Calls for Fair Government Action on Controversial Biosecurity Levy
TL;DR: Cattle Australia (CA) has once more reached out to the Australian Government, advocating for a genuine engagement with grass-fed cattle producers and the wider agricultural community regarding the contentious Biosecurity Protection Levy (BPL) Bill. Dr Chris Parker, CA’s Chief Executive Officer, voiced frustration over the perceived lack of proper consultation and consideration of the […]
NZ Rural Land Company Secures Strategic Australian Investment, Selling 25% Stake for Premium Price
TL;DR: In a significant cross-Tasman deal, the NZ Rural Land Company (NZL) has divested a quarter of its land equity to Roc Partners, an Australian investment fund, for a sum of $44.2 million. This transaction, finalised on February 9 following its announcement on January 19, was executed at a value implying between $1.25 and $1.30 […]
Debating the Carbon Footprint: New Study Challenges Grass-Fed Beef’s Environmental Edge
TL;DR: In the realm of scientific inquiry, the publication of a study often marks the beginning rather than the end of a debate, especially when it pertains to as complex and globally relevant an issue as climate change. This principle is vividly illustrated in recent research scrutinised by Allan Barber in an article for Beef […]
New Zealand Dairy Sector Embraces Optimism Amid Rising Global Prices and Economic Challenges
TL;DR: In the New Zealand dairy sector, a wave of optimism is permeating among farmers, according to Richard McIntyre, Federated Farmers dairy section chair. This sentiment comes in the wake of consecutive rises in global dairy prices, marking a 12% increase since the onset of summer. The Global Dairy Trade (GDT) auction has witnessed its […]
New Zealand’s Red Meat Exports Face Value Decline Despite Volume Increase Amid Global Economic Pressures
TL;DR: amid fluctuating global demand. In a year marked by economic turbulence, New Zealand’s red meat sector faced a paradoxical scenario where export volumes rose, yet the overall value plummeted by 11% to $10.2 billion compared to 2022. This decline, as analysed by the Meat Industry Association (MIA), underscores the broader challenges confronting the sector, […]
NZ Agriculture at a Crossroads: Navigating Interest Rates, China’s Economy, and Global Tensions in 2024
TL;DR: As the dawn of 2024 breaks, New Zealand’s agricultural landscape is on the brink of transformative shifts. The Rabobank Agricultural Outlook casts a spotlight on the pivotal challenges and opportunities ahead. It sketches a scenario where the confluence of economic policies, international market dynamics, and geopolitical undercurrents will dictate the tempo of change. Emma […]
