Australian Livestock Market Weekly Wrap-Up: A Comprehensive Overview
TL;DR: In the latest update from the Australian livestock market, there has been a notable uplift in market indicators for both cattle and sheep, reflecting a positive trend in the industry as of February 2024. Cattle Market Trends The cattle sector witnessed a significant uptick this week across all indicators. The Eastern States Young Cattle […]
Australia’s Red Meat Industry: A Global Powerhouse
TL;DR: Meat & Livestock Australia (MLA) has recently published its 2024 global market snapshots, casting a spotlight on Australia’s formidable position in the worldwide red meat trade. These comprehensive analyses span fourteen markets, offering stakeholders a wealth of information on consumer trends, export achievements, and the broader competitive landscape. Diverse Market Insights The scope of […]
US Cattle Herd Sees Decline, Reaching a Historic Low
TL;DR: As of January 2024, the United States Department of Agriculture’s National Agricultural Statistics Service (NASS) has reported a notable decrease in the national cattle inventory, marking a 2% reduction from 2023 to stand at 87.2 million. This figure represents the smallest cattle inventory recorded since 1951, highlighting a significant shift in the agricultural landscape. […]
Update on United States Trade Market for New Zealand Beef and Lamb
TL;DR: As of 31 January 2024, Beef + Lamb New Zealand’s (B+LNZ) Trade Policy team has shared an update on the United States (US) trade market, detailing the ongoing efforts and recent developments in one of the most crucial markets for New Zealand’s beef and sheepmeat exports. Key Market Insights The US remains a pivotal […]
Pork Industry Outlook: A Glimmer of Hope Amid Challenges
TL;DR: During a recent presentation at the Illinois Pork Expo on January 30, 2024, Steve Meyer, Chief Livestock Economist at Ever.Ag shared insights into the current state and prospects of the pork industry. “Things are looking better, but not good,” Meyer remarked, highlighting the nuanced recovery the sector is experiencing. Despite lower input costs, strengthened […]
Towards Greater Transparency: The Introduction of the FAIR Labels Act
TL;DR: In a pivotal development aimed at bolstering consumer knowledge and fairness in the meat industry, a bipartisan coalition of US legislators unveiled the Fair and Accurate Ingredient Representation of Labels Act of 2024 (FAIR Labels Act) on the 30th of January. This groundbreaking initiative, championed by figures such as Senator Roger Marshall (R-Kan.) and […]
2023 Marks a Year of Revival for Australian Live Exports
TL;DR: The year 2023 stood out as a period of significant growth for Australia’s live export sector. The industry saw an uplift in the number of live cattle and sheep exported, indicating a robust recovery and a positive trajectory. This resurgence is particularly noteworthy given the challenges faced in previous years, underscoring the sector’s resilience […]
British Pig Meat Finds New Horizon in California’s Proposition 12 Era
TL;DR: In an ambitious stride towards international markets, a select group of British pig meat exporters has ventured into California, eyeing the vast opportunities unleashed by the state’s latest animal welfare legislation, Proposition 12. This regulation, which took effect on the 1st of January, 2024, introduces stringent standards for pig meat production, notably mandating enhanced […]
Study Warns of Billion-Dollar Threat from Invasive Weed to New Zealand’s Economy and Environment
TL;DR: Recent studies have spotlighted the severe economic and environmental threat that Chilean needle grass (Nassella neesiana) poses to New Zealand, potentially costing the country over a billion dollars if unaddressed. This invasive species, already rooted in regions like Hawke’s Bay, Canterbury, and Marlborough, is notorious for its sharp seeds that can harm livestock and […]
Frank Mitloehner Unveils Livestock’s Role in Climate Mitigation at COP28
TL;DR: In a compelling presentation at COP28 in Dubai, Frank Mitloehner, a distinguished expert from UC-Davis specialising in livestock and air quality, shed light on an often-overlooked narrative within the climate change dialogue. During the Animal Ag Sustainability Summit, part of the International Production and Processing Expo (IPPE) in Atlanta, Mitloehner articulated a vision where […]
