meat

Extra Beef, Pork Supplies Pressuring Chicken

Dan Beef, Industry News Release, Pork, Poultry

Trade issues have led to an increasing supply of beef and pork, which in turn is pressuring poultry sales. The extra beef and pork means retailers are featuring those products more than poultry, luring consumers away from chicken purchases. Pilgrim’s Pride CEO Bill Lovette says the chicken processor posted a sharp drop in third-quarter earnings. The drop was attributed to …

pork market

China Has Culled 200,000 Pigs Due to Swine Fever Outbreak

Dan Industry News Release, Pork

China, the world’s largest pork producer, has culled 200,000 pigs from its herds due to the outbreak of African Swine Fever. A Reuters report says Chinese health officials made the announcement last week. That number represents a small part of the 700 million pigs that China slaughters every year for food consumption. However, due to restrictions on transporting animals that …

usmca

USMCA Predicted to Boost Protein Exports

Dan Beef, Industry News Release, Pork, Poultry

Industry experts say the new U.S.-Mexico-Canada Trade Agreement (USMCA) could lead to modest export gains for U.S. poultry, pork, and beef. A new report from CoBank says the agreement is expected to keep tariffs on food and agriculture between the three countries at zero. The report says the U.S. chicken sector exports are predicted to rise 47,000 metric tons in …

african swine

K-State Focusing on How to Prevent African Swine Fever in the U.S.

Dan Industry News Release, Pork

Kansas State University is researching how the U.S. can combat African swine fever. The virus threatens to devastate the swine industry and is positioned to spread throughout Asia. The virus has already spread throughout parts of Eastern Europe and was reported in China in August. Kansas State University researchers and the Biosecurity Research Institute have several projects focused on African …

extra

Updated KORUS Protects Current Market Share

Dan Beef, Exports/Imports, Industry News Release, Pork, Trade

The new KORUS agreement offers a sigh of relief for U.S. beef and pork. The U.S. Meat Export Federation says the market access terms secured in the original KORUS not only helped increase U.S. red meat’s market share in South Korea, but also bolstered consumption by making U.S. beef and pork products more affordable and accessible to Korean consumers. Those …

tariffs

Pork Industry Commits To Fighting Antibiotic Resistance

Dan Industry News Release, Pork

The National Pork Producers Council is joining with more than 100 public- and private-sector U.S. organizations in a global initiative to create international standards and codes of practices to prevent unsafe residues of veterinary drugs in food, to develop integrated surveillance that can help mitigate risks associated with antibiotic use and to minimize the development and spread of antimicrobial resistance …

rabobank

Rabobank: Global Poultry Prices Under Pressure

Dan Exports/Imports, Industry News Release, Pork, Poultry, Trade

A Rabobank report says a historic drop in poultry exports from Brazil is shaking up trade in the commodity around the world. The latest quarterly outlook on the industry says African Swine Fever could also indirectly affect the industry. Global poultry prices dropped by an average of five to 10 percent in the second quarter of this year. African Swine …

livestock

Livestock Losses Mounting after Florence

Dan Industry News Release, Pork, Poultry

Recovery is underway in North Carolina after Hurricane Florence. The number of livestock lost to flooding is climbing in the aftermath. The North Carolina Ag Department says 5,500 hogs and 3.4 million poultry were lost due to the hurricane. In addition to damage on farms around the area, other reports included wind damage to hog farms, as well as substantial …

global

Global Pork Production Shifting Because of Virus

Dan Industry News Release, Pork

A Rabobank report says the African Swine Fever virus has shifted the outlook for the global pork industry. The virus was first found in China and has now been confirmed in Belgium. Rabobank says the potential for the spread of the disease around the world has increased exponentially. Twenty cases have been confirmed in China. The Rabobank report says, “It’s …