What were some of the reasons behind changes in USDA’s latest outlooks for meat production and prices? Rod Bain has a story that answers that question. World Agricultural Outlook Board Chair Seth Meyer discusses USDA’s latest look at dairy production and price estimates. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in …
Beef Exports Remain High
While the November beef export report came out a month later than usual because of the government shutdown, it still showed good things for beef. U.S. beef exports continued on a record pace in November. However, pork exports trended lower year-over-year. Statistics from USDA and compiled by the U.S. Meat Export Federation show that beef exports totaled more than 112,000 …
Extra Beef, Pork Supplies Pressuring Chicken
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 …
China Has Culled 200,000 Pigs Due to Swine Fever Outbreak
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 …
Another African Swine Fever Outbreak Reported in China
China reports new outbreaks of African swine fever as fear of a global spread of the disease rises. Four reports were announced last week, and Monday, China reported a new case of the disease at a farm with nearly 20,000 pigs, the largest farm to report an outbreak. The new case, one many reported in the region recently, according to …
USMCA Predicted to Boost Protein Exports
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 …
K-State Focusing on How to Prevent African Swine Fever in the U.S.
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 …
Updated KORUS Protects Current Market Share
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 …
Pork Industry Commits To Fighting Antibiotic Resistance
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: Global Poultry Prices Under Pressure
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 …