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Global shrimp production seen lower this year as farmers face sharp sales declines

Overshadowed by the outbreak of the novel coronavirus, global shrimp production, particularly during the first half of 2020, is expected to be lower than last year, according to GLOBEFISH, the fish-trade site of the UN's Food and Agriculture Organisation.

Tuesday, April 7, 2020
India's poultry sector suffers INR13,000 crore loss

The poultry industry of India had suffered INR13,000 crore losses over the past month and the number was rising due to misconceptions that COVID-19 was being transmitted through poultry consumption.

Tuesday, April 7, 2020
US cattle contracts drop over 5%

April 7, 2020 US cattle contracts drop over 5% Live cattle contracts for April, June and August all closed US$4.50 per hundredweight (cwt) lower, a 5.17% drop and Wednesday's total dress trade was estimated at 116,000 heads—6,000 less than a week prior. Making matters worse, Wednesday' US$7.98 per hundredweight fall in beef choice was the biggest loss in one day. That's thrown an already volatile time into a state of unrest. Bridger Feuz, a livestock marketing specialist working at the University of Wyoming's Extension Office in Evanston, explained that much of those market fluctuations have happened due to the COVID-19. "Slaughter steer prices had been trending down since the first of February," Feuz told the Star-Tribune in an email. "Much of this downward trend was due to the uncertainty surrounding the COVID-19 outbreak." Those fluctuations have not necessarily been uncharacteristic, but every livestock market moving downward together has brought concern. Feuz said that it was too early to affirm lo

Tuesday, April 7, 2020
Chile's salmon processing sector face workers' protest

April 7, 2020 Chile's salmon processing sector face workers' protest Workers in Chile's salmon processing industry have been protesting on Chiloé island—an industry production hub—arguing the companies they work for are not doing enough to protect them from the COVID-19 virus. Last week, the national government closed off Chiloé to much of outside traffic, only allowing the circulation of transport it deemed essential, which includes the salmon industry. Declaring the measures inadequate, Chiloé residents and even town mayors have taken to the streets in protest, closing highways to prevent all traffic, including salmon industry trucks, from circulating. In a recent closed-door meeting with Román Zelaya, the head of Chile's Sub-Secretary of Fisheries and Aquaculture (Subpesca), to address the protests and the other effects of the COVID-19 on Chile's salmon industry, representatives of the country's major salmon farming companies laid out the dire set of issues they are facing as a result of the protests a

Tuesday, April 7, 2020
Marfrig and Minerva Uruguay slaughterhouse operations disrupted over COVID-19 union dispute

April 6, 2020 Marfrig and Minerva Uruguay slaughterhouse operations disrupted over COVID-19 union dispute A Uruguayan labour union has stopped Marfrig Global Foods and Minerva SA operations in Montevideo until April 8, 2020 over salary disputes and COVID-19 related measures to protect workers, reported Reuters citing local newspaper ValorEconômico. Both companies did not provide any comments related to the union disruptions. According to the newspaper, Minerva's operations in Canelones and Carrasco have been affected by the union dispute, but its facility in Pul continues to operate, which accounts for 60% of its production in Uruguay. Marfrig said it aims to donate 48,000 cans of meat to support Uruguayan communities affected by COVID-19. The company is the largest meatpacker and exporter in Uruguay, with 5 plants and 3,500 workers. - Reuters

Monday, April 6, 2020
South Africa's Quantum Foods first half-year profits could drop by 38%

April 6, 2020 South Africa's Quantum Foods first half-year profits could drop by 38% The feed and poultry group said the 38% drop in half-year earnings was because of lower egg selling prices, reported Reuters. Quantum Foods said its headline earnings per share is projected to drop between 28.1 cents to 34.9 cents in the half-year ending March 31, 2020. This is a 23% and 38% fall when compared to the 45.4 cents reported in the previous year. The group, which owns Nulaid eggs said the lower profits were attributed to boosted egg supply in South Africa and increased costs for feed production. The company projects to report a loss when it publishes its results on May 21, 2020. Its egg business accounted for 25% of the group's revenues last year. The group said COVID-19 has not affected its business, but they will communicate if the pandemic will impact its business operations or financial operations in the future. On the other hand, Quantum Foods reported strong profits in its feed business as the group

Monday, April 6, 2020
The American Farm Bureau Federation calls on USDA to help US farmers

April 6, 2020 The American Farm Bureau Federation calls on USDA to help US farmers The Farm Bureau said US farmers need financial assistance from the US Department of Agriculture (USDA) as COVID-19 impacts the country's food supply chain, reported Reuters. In a letter posted by the trade group to the USDA, it asked for special direct payments to be channelled towards dairy producers, livestock farmers, cattle ranchers and other farmers. In addition, the group also called for emergency funding for ethanol plants and corn growers who cannot sell crops to the plants, as well as livestock producers who now have no feed supply from the facilities' by-products. The American Farm Bureau Federation wants all sectors in the country's agriculture industry to benefit from the COVID-19 stimulus bill, which gave USDA's Commodity Credit Corp an additional US$14 billion and US$9.5 billion towards assisting livestock producers, dairy farmers, specialty crop farmers and local agricultural groups. The letter from the Fa

Monday, April 6, 2020
Consumer demand put pressure on EU cattle prices

April 3, 2020 Consumer demand put pressure on EU cattle prices In the past four months, deadweight cattle prices across Europe have largely been increasing and returning towards more long term averages. However, in the most recent weeks (up to 21 Mar) prices have stabilised in euro terms. UK cattle prices have also been firm, although only as a result of weakening sterling. In euro terms, UK cattle prices have fallen by EUR0.23 per kg in three weeks. Reflecting the weakening sterling, both EU and Irish cattle prices have recorded increases in price over the last few weeks, when converted in sterling terms. EU up GBP0.23 per kg and Irish prices up GBP0.24 per kg over the last three weeks. It is a similar story for cow prices. Industry reports from Ireland suggest prices are currently under downward pressure. Ireland exports a large proportion of its beef production, with around a third of those exports destined for the foodservice market. Foodservice across Europe has been closed due to COVID-19, impacti

Friday, April 3, 2020
Argentine beef exports to EU, China plunge amid virus

April 3, 2020 Argentine beef exports to EU, China plunge amid virus Beef export from Argentina's cattle ranches to the EU have plunged to almost zero amid the global COVID-19 outbreak, while sales to top buyer China have tumbled from last year's levels, industry officials stated. The slump in exports underscores how the pandemic is affecting global food supply chains, with demand dented by widespread closures of restaurants and transportation of goods stymied by measures to control the virus' spread. Argentine beef shipments have sky-rocketed in recent years, fuelled especially by demand in China, helping the South American nation boost beef exports to US$3 billion in 2019. Shipments jumped 50% last year to 845,877 tonnes, with China taking around three-quarters of that, official data show. The EU accounted for 9% of beef exports. The COVID-19 pandemic, which has seen over a million people infected and caused over 50,000 deaths, has arrested the market, clogging global trade and hurting demand in a hit

Friday, April 3, 2020
China's "super pigs" still fail amid haphazard biosecurity

April 3, 2020 China's "super pigs" still fail amid haphazard biosecurity China should do more to improve basic biosecurity to protect its hog herd from infection and focus less on developing disease-resistant "super pigs", according to analysts. Several companies claim to be close to a breakthrough treatment for African swine fever (ASF). China's hog herd has begun to steadily rebuild after swine fever spread across the country a year and a half ago, killing or forcing the culling of 60% of the pig population, according to authorities. But poor biosecurity—including the transport of pigs in filthy trucks and a lack of disinfection at farms—still threatens the industry, observers said. There is no commercially available vaccine for swine fever—which is not harmful to humans—but a number of researchers claim they are close developing one. China's Harbin Veterinary Research Institute, the country's top research body on animal diseases, said last month it had developed a vaccine for ASF that laboratory test

Friday, April 3, 2020

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