Friday, December 21, 2018

China buys 2.4 million tonnes of tariff-free US soybeans overnight, with more large purchases to come

Covering a severe domestic shortfall of soybeans, China is pursuing its own interest, importing massive volumes of US soy in a small export window.

Saturday, December 15, 2018

Speed bumps ahead for India's poultry boom?

After slowing down at the turn of the decade, lower feed input costs and a rebounding economy enabled both eggs and layer growth rates to return to their previous highs. Even though it is poised for decades of rapid growth, the industry faces serious feed input challenges that must be addressed.

Saturday, December 8, 2018

Russian beef gradually pushes out its foreign competition

Stagnant consumption and expanding beef cattle herds make for long-term self-sufficiency. Over the shorter term, a one-year ban on Brazilian supplies has shaken importer market shares.

Saturday, December 1, 2018

Reality finally catches up to India's shrimp sector

After nearly a decade of 600% growth, low shrimp prices is causing production to fall. The real problem is an unconsolidated, capital-scarce business model that expands output via pond acreage rather than productivity.

Saturday, November 24, 2018

Russia's broiler boom tapers off, exports become the new frontier

Amid 33kg per capita consumption and dwindling scope for import substitution, can the industry transition to an export-driven business model?

Saturday, November 17, 2018

EU pork production, pig slaughterings slightly down in August

EU pork production in August declined slightly compared with both the previous month and August last year as the number of pigs slaughtered fell and carcase weights were lighter.

Saturday, November 10, 2018

EU pork exports increase 5% in August

EU exports of fresh and frozen pork grew over 5% in August to 169,000 tonnes compared with the same month last year, according to the latest data from Eurostat, as reported by AHDB. The value of these exports, however, fell 7% to €362 million (US$411.84 million) due to a 12% fall in achieved export prices.

Saturday, November 3, 2018

The world beef trade takes a breather

After a decade when beef export growth exceeded that of chicken or pork, supply side constraints are limiting expansion. Demand remains strong as rising US, Brazilian output rises offsets faltering Indian and Australian production.

Saturday, October 27, 2018

Trade wars, beans and Chinese pork

China's import tax on US soybeans inflated soymeal costs and made their availability a bigger concern than high domestic corn prices. This is causing pork import volumes to increase at a time when they were expected to fall.

Saturday, October 20, 2018

US beef: Boom times and worrisome trade winds

Peaking cattle inventories, rising output dovetail with a booming domestic economy, rising foreign demand -but new trade agreements threaten to put US beef at a disadvantage by the early 2020s.

Saturday, October 13, 2018

EU losing share in Philippine pork import market

Is the EU losing its importance as a supplier of pork and offal to the Philippines? This seems to be the case as shipments from the EU during the first half were down by 15% to 23,000 tonnes as per data from the Philippine Statistics Authority and as reported by AHDB Pork.

Saturday, October 6, 2018

Asian dairy supply, demand and imports

Asian dairy is sharply divided by product and region. China and Southeast Asia drive world dairy imports of value-added goods. South Asia is a large stand-alone market that will import capital goods in place of dairy products.

Saturday, September 29, 2018

EU pork exports continue upward trend in July, but value down

African swine fever outbreaks were reported in Europe and Asia this week. The following report contains an overview of the disease situations.

Saturday, September 22, 2018

Beef, pork redefine Japan's changing appetite for meat

After years of stagnation, red meat consumption is making a comeback but poultry's longrun ascendancy is still in place. Restaurants increasingly drive consumption trends and imports.

Saturday, September 15, 2018

A revived and restructuring world beef market

Economically mature nations give way to Chinese, Southeast Asian and Middle Eastern buyers. US, southern hemisphere suppliers take over from India.

Saturday, September 8, 2018

A long-awaited and shaky shrimp supply recovery

After several years of 10%+ expansion, prices are crashing but for the first time, supply was increased entirely through the opening of frontier areas. Has a forty-year decline in shrimp production costs run its course?

Saturday, September 1, 2018

A revived and restructuring world beef market

Economically mature nations give way to Chinese, Southeast Asian and Middle Eastern buyers. US, southern hemisphere suppliers take over from India.

Saturday, August 25, 2018

Thai broilers fly higher on wings, breasts and Brazilian woes

Early year losses in Thailand are offset by rising profitability abroad. China's liberalizing of broiler imports, Brazilian trade misfortunes, barley imports offer an escape from high production costs and bloated domestic supplies.

Saturday, August 18, 2018

Mexico's dynamic and highly egg-centric poultry sector

A top poultry producer, consumer and importer keeps growing rapidly amid rapidly shifting trade flows. A unique culture that keeps egg consumption expanding even at high-income levels.

Saturday, August 11, 2018

Pork on the Pacific Rim, poultry in India, beef everywhere: Asian meat consumption trends

China, Northeast Asia and pork dominate consumption. India, Southeast Asia and poultry are its future. The question of whether to import meat or feed remains unanswered.

Saturday, August 4, 2018

China and America, Brazil and Mexico: Red meat's perfect storm?

Pork import substitution, Russia's banning of Brazilian red meat, heavy Chinese and Mexcian pork tariffs create a 900,000 tonne US pork oversupply. Beef will not be spared.

Saturday, July 28, 2018

Trade wars and beans, pigs and broken wallets: The impact of Chinese tariffs and US farm incomes

Impacting more than mere export volumes, China's market weight can deflate returns on domestic crops and herds. From trading floors to Midwestern farms, plunging widening spreads between North and South American soybeans are impacting bottom lines.

Saturday, July 21, 2018

US pork producers fear huge losses over 62% China tariff

Due to escalating trade disputes between the US and other countries, American pork producers face large financial losses, with some of them possibly going out of business, said the National Pork Producers Council (NPPC).

Saturday, July 14, 2018

Brazilian trade woes, exporting opportunities in the world broiler market

Europe, China, Saudi Arabia put up import barriers as poultry exporters Thailand, Turkey, Poland, Ukraine and America vie for Brazil's lost business.

Saturday, July 7, 2018

US Dairy: Sheltered and rebounding strongly - if politics doesn't interfere

A large expanding home market shielded producers from the dairy market crash's full impact. Even so, a trade war could spoil optimistic long-term projections.

Saturday, June 30, 2018

China's winning hand: Turmoil in US soy markets. Good news for Latin America

China has the power to import almost no US soy for a year and permanently lower US soy exports soy over the long term. It could also bring forward the day soy supply finally matches demand and the next market upturn starts.

Saturday, June 23, 2018

How trade wars impact US pork, soybean and dairy exports

Mexican and Chinese and tariffs will profoundly alter world trade in beans, dairy products and swine meat.

Saturday, June 16, 2018

Higher US pork production in Jan-Apr pushes prices down

US pork production in the first four months increased 4.6% to nearly 4 million tonnes compared with the same period last year, and is on track to meet the USDA forecast of 12.2 million tonnes this year, compared with 11.6 million tonnes in 2017.

Saturday, June 9, 2018

New Zealand dairy prices fall in first quarter

New Zealand's dairy prices declined during the first quarter, helping push total export prices down more than import prices, thus resulting in a fall in the terms of trade for the first quarter, Stats NZ said.

Saturday, June 2, 2018

China now Vietnam's top pangasius buyer; imports surge 43% in first 4 months

China has surpassed the US as the biggest importer of Vietnamese pangasius as its purchase of the white fish grew 43% to US$145 million in the first four months.