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Friday, April 29, 2022
CEOs of major beef meatpackers deny market manipulation is behind rising beef prices
The CEOs of four major meatpacking corporations denied working together to control beef supplies or prices, defending themselves against claims of profiteering at a US congressional testimony, Bloomberg reported.
Friday, April 29, 2022
Canada invests up to US$2.8 million to support beef industry
Marie-Claude Bibeau, Canada's Minister of Agriculture and Agri-Food, announced that the government will invest up to CND 3.6 million (~US$2.8 million; CND 1 = US$0.78) to ensure the beef industry has the tools it needs to capture new export ...
Wednesday, April 27, 2022
Beef prices driven by strong demand, constrained production and record inflation, Tyson CEO says
A combination of market forces, including consistently strong demand for finished beef, constrained production due to labor shortages caused by the pandemic and record inflation, have been driving current beef prices, Tyson Foods president ...
Tuesday, April 19, 2022
Increased UK beef production in March 2022 thanks to higher cattle slaughter
Data from the UK Department for Environment, Food and Rural Affairs showed the country's beef production in March 2022 reached 79,500 tonnes, 9% higher compared to February 2021 and 1% more year-on-year, the UK Agriculture and Horticulture ...
Tuesday, April 19, 2022
NCBA calls for the US to suspend beef imports from Brazil
The US-based National Cattlemen's Beef Association (NCBA) has called on the US government to suspend fresh beef imports from Brazil following a recent US Department of Agriculture (USDA) report underlining higher Brazilian beef imports, NCB ...
Monday, April 18, 2022
Three Brazilian beef producers banned from exporting meat to China for one week
China's General Administration of Customs (GACC) has suspended beef imports from three Brazilian beef exporters for one week - JBS SA, Marfrig, and Naturafrig, affecting four plants located in Mato Grosso and Sao Paulo states from April 16, ...
Monday, April 11, 2022
Brazil exported a record 200,000 tonnes of beef in March 2022
Brazilian industry group Abrafrigo said the country exported 203,490 tonnes of beef in March 2022, 28% higher year-on-year and a new record for the month, Reuters reported.
Monday, April 11, 2022
Cattle breeding centre in development to boost beef self-sufficiency in Sabah, Malaysia
Sawit Kinabalu Group is developing an integrated cattle breeding centre in Sabah, Malaysia, with an expectation that the facility would increase the Malaysian state's self-sufficiency level for beef in the next four years.
Monday, April 11, 2022
Continual drop expected for EU beef production
The European Union's beef production is set to continue declining this year, according to the European Commission's short-term outlook report for EU agricultural markets.
Thursday, April 7, 2022
Japan asks the US to continue importing Japanese beef at a low tariff
Japan has asked the US to continue importing Japanese beef at a low tariff even if imports surpass its low tariff quota, The Japan Times reported.
Thursday, April 7, 2022
Brazil beef output projected to reach 9.85 million tonnes in 2022
The US Department of Agriculture (USDA) said Brazil's beef production is expected to reach 9.85 million tonnes this year, surpassing the 9.5 million tonnes produced in 2021, Merco Press reported.
Thursday, April 7, 2022
Beef and dairy left out of Australia-India trade agreement
Dan Tehan, Australian Trade and Tourism Minister said beef and dairy was left out the Australia-India trade agreement (IA ECTA) due to the sacred status of cows in India, NRI Affairs reported.
Thursday, April 7, 2022
Exports of UK beef to Japan totalled US$2.3 million in January 2022
UK beef exports to Japan were worth GBP 1.78 million (~US$2.3 million; GBP 1 = US$1.31) in January 2022, one-fifth of the total export value in 2021, the UK Agriculture and Horticulture Development Board (AHDB) reported.
Wednesday, April 6, 2022
Beef export prices increase globally in 2021
Beef export prices have increased globally in 2021 but slowed down in the fourth quarter of last year, though these prices remain high compared to past recorded averages, the UK Agriculture and Horticulture Development Board reported.
Monday, April 4, 2022
Dismal Q1 for Australian beef exports
Australia's beef exports have recorded a disastrous start to the year, with first quarter (January to March) shipments falling to a record low.
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