EU Pork Production Decline and Impact on US Exports
TL;DR: The EU’s pork production has dropped nearly 3 million metric tonnes since 2021 due to environmental regulations, opening opportunities for US exports. This decline has boosted US pork exports, especially in Korea and other key markets. With strong demand in Asia and Latin America, US pork exports are expected to continue growing as EU […]
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 […]
EU Short-Term Outlook: Beef and Sheepmeat Summary
TL;DR: EU beef and sheepmeat production declined in 2023, with further decreases expected in 2024. High prices persist, influenced by reduced imports and exports. Sheepmeat consumption also dropped due to low availability and continued high prices. Beef and Veal Trends In 2023, EU beef production saw a 3.9% decrease, influenced by structural changes in the beef […]
Danish Crown Announces Facility Closure
TL;DR: Danish Crown to close Ringsted plant, cutting 1,200 jobs, as part of a strategic shift to enhance processed pork production and efficiency in Europe. Strategic Reduction RANDERS, DENMARK—Danish Crown has decided to reduce its production facilities in Denmark, starting with the closure of the Ringsted plant in mid-September 2024. This move comes after several […]
EU’s Agricultural Strategy Report: Balancing Sustainability and Profit
The European Commission is set to receive a crucial report by the end of summer. It will explore ways to make European agriculture sustainable yet profitable, as stated by two EU officials in Washington this week. The Commission’s Initiative Launched on January 25 by Ursula von der Leyden, the European Commission’s president, the Strategic Dialogue […]
France Implements Ban on Meat-Related Terms for Plant-Based Products
TL;DR: In a significant policy shift, France has joined the ranks of countries setting clear boundaries for the marketing of plant-based products by banning the use of meat-specific terms for their promotion. The French Government’s recent decree outlines a list of prohibited words for plant-based items, including “steak,” “tendon,” “sirloin,” “sausage,” and even terms related […]
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 […]
European Research Connects Reduced Antimicrobial Use in Animals to Lower Human Drug Resistance
TL;DR: A collaborative investigation by the European Food Safety Authority (EFSA), the European Centre for Disease Prevention and Control, and the European Medicines Agency has highlighted the impact of decreasing antimicrobial drug use in food-producing animals on the resistance observed in humans. This study, detailed in the EFSA Journal, utilised data from EU-wide surveillance from […]
Is the Tide Starting to Turn on EU Climate Policies?
TL;DR: As election season unfolds across Europe, with the European Parliament elections set for May and many countries holding local elections, a significant question arises: Are we witnessing a shift in the European Union’s approach to climate policies, particularly those affecting agriculture? Dubbed the “greenest ever,” the current European Parliament has pushed for ambitious climate […]
Westfleisch Enhances Pet Food Portfolio with Strategic Acquisition of The Petfood Company GmbH
TL;DR: Westfleisch, a leading name in Germany’s meat marketing sector and ranked second in size, has officially announced its acquisition of The Petfood Company GmbH. This move marks a significant expansion of Westfleisch’s footprint in the pet food industry, aligning with its strategy to broaden its value chain and capitalise on the growing demand for […]
