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Articles
| Id | Title | Subtitle | Content | Active | Archived | Category | User | Created | Modified | Actiuni |
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| 4715 | South Korean pork imports to rebound over H2 2021 | For the first 4 months of the year, pork imports were 5% lower. | <p>South Korea reduced pork imports by 5% for the first 4 months of the year but the demand is expected to increase due to multiple factors. The volume reached 148,000 tonnes, with main suppliers such as Spain, Denmark and the Netherlands increasing their market share after the ban placed last year on German pork. US pork exports to South Korea have dropped 18% compared with the same period last year.<br />USDA foresees a 3% drop in domestic pig production, as many farmers have liquidated their sows in the second half of 2020. At the same time, USDA expects a 16% growth in South Korean pork imports for the rest of the year.<br />This is partly due to lower production, but also likely due to an anticipated rise in consumption out-of-home in 2021 as COVID-19 restrictions are eased. At the same time, ASF cases may resurge in commercial farms, with another outbreak reported by the industry on a pig farm in Gangwon Province. This is the first ASF case in South Korea's domestic pig population in the last 7 months.</p> | 1 | Market | 2021-05-27 10:24:47 | 2025-08-10 23:54:33 | Details Edit Delete | ||
| 4716 | Atypical situation in the Mexican swine market | For the last three months, producers are enjoying higher prices, while processors are hoping for a better year in consumption. | <p>In 2020, per capita pork consumption in Mexico has lost a kilo going down to 18.5 kg and production has been impacted by a sanitary crisis (PRRS, PED, etc.) which have caused significant losses of piglets and reproductive sows in the national herd, reducing the productive capacity to take animals to market. However, the pressure felt by producers is slowly fading and the current situation in the Mexican swine market is described as "interesting and atypical" by Fernando Ortiz-H, Ibero-America Business Development Manager at Genesus Inc.<br />"During the last days we have been in touch with pork producers and with pork producers associations leaders, who say they are surprised by the turn that the pork business has taken lately, especially regarding historical prices that have broken several records.<br />If we compare the liveweight pig market prices during the February-May quarter of this year, from February 26th (33 Mexican pesos / kg liveweight) related to the current price, March 26th (47 Mexican pesos / kg liveweight), we observe an increase in the producer's sales price of 42.42% in the last quarter.<br />Now, if we did the calculation comparing the exchange rate of the Mexican peso vs the US dollar on the two dates, and putting everything in pounds, the variation is even greater, it shows us an increase of 50.70% in the last three months. Here the calculation:<br />Liveweight hog price February 26th = US $ 0.71 /lb.<br />Liveweight hog price March 26th = US $ 1.07 /lb.<br />This calculation is interesting because it also tells us about a recovery of the Mexican peso against the US dollar, which favors to some extent the high costs of imported grains, further improving the profitability of the local Mexican producer by achieving a higher cost: benefit in feeding their animals.<br />The above prices are from the State of Jalisco, which produces 30% of the total pork in Mexico. The price in Mexico City is around 48 Mexican pesos (approx. US $ 1.10 / lb liveweight)," he explained in the latest market report.<br />The current prices are driven by supply and demand, with several factors sitting behind:<br />- the losses reported last year by pig producers in their herds<br />- integration of large companies<br />- growth in exports (20% above last year's level for the first four months)<br />- market hog buyers must pay more in order to meet their commitments to their packers.<br />"Pig production, however, has started to recover due to the isolation imposed by the government in the last year, reaching 3.3% in April, compared to the same period in 2020.<br />On the other hand, the COVID impact on the food and tourism industry has begun to slowly subside its effects, as it begins a progressive reopening of restaurants and hotels throughout the country, where the vaccination campaign is fervently advancing.<br />While domestic consumption of pork was at 19.5 kg per capita in 2019, in the last year it fell to 18.5 kg per capita. However, a recovery in consumption is expected from now on.<br />In the first months of the year, there is already a 3.2% recovery in the consumption of pork and its by-products," added Fernando Ortiz-H.</p> | 1 | Market | 2021-05-28 05:38:57 | 2025-08-10 23:54:24 | Details Edit Delete | ||
| 4720 | Watch out for China, as Argentina bans beef exports | The competition for finding a replacement in red meat exports is going to shake the global industry. | <p>Argentina decided to halt its beef exports for at least 30 days and that may reverberate in the global meat market, as China was one of the largest buyers of Argentinian beef. Currently, China is importing more animal protein than ever, with March imports reaching 1 million tonnes, up 21% from a year ago. despite the fact that official reports on rebuilding the pig herd are looking very optimistic, the reality is that the giant Asian market acts like a vacuum cleaner in the international meat trade.<br />Argentinian beef exports to China reached 700,000 tonnes last year, which makes the Latin American country one of the top three suppliers for the Chinese market. Meantime, the competition for finding a large beef supplier is on, as the global players in the field, such as Australia, USA, Brazil, or even UK, are passing to a herd-rebuilding stage. In the last 12 months, Argentina has covered 22% of the beef import market in China and a gap such large will certainly increase the prices in the global beef market.<br />"China is currently managing a new strain of African swine fever (ASF), which has been reported in several provinces in China and in Hong Kong. This new strain is estimated to have killed as many as 8 million pigs since the start of the year. The outbreak is likely to place further strain on Chinese domestic pork production, leading consumers to supplement shopping baskets with supplies of imported meats as substitutions," said the latest MLA report on the Chinese market.<br />Political disputes have stopped the advance of Aussie beef in the Chinese market but the future is looking quite good for Australian producers. "Beef demand will stay there, and then you've got Brazil running flat out in terms of volume they can get out into the Chinese market, the US is probably at the top of its cycle, so I think things are still looking very positive from an Australian beef point of view for the next couple of years," commented Angus Gidley-Baird, Rabobank analyst for animal protein.</p> | 1 | Market | 2021-05-31 12:33:37 | 2025-08-11 01:28:30 | Details Edit Delete | ||
| 4721 | Brazil to increase meat exports by 5% | USDA believes that the South American country is going to re-enforce its role as a global meat supplier. | <p>A recent forecast released by USDA shows Brazil's potential to increase meat exports by 5% this year. That will be the tenth consecutive year of growth in Brazilian meat exports. The deficit in the supply of pork in China, the competitive currency and the global economic recovery contributed to this performance.</p> <p>In 2021, Brazil should account for 23% of global meat exports. Despite, however, the significant increase observed in recent years, the Brazilian participation in the world market will be only 1 (one) percentage point higher than that registered in 2018.<br />Brazil's share of global beef exports has increased dramatically in recent years and is estimated to be around 25% in 2021. This expansion began after the emergence of African swine fever in China in 2018 and continued last year, despite the global recession and depressed food service.<br />The recovery in demand in the European Union and in the Middle East, as well as strong purchases from China, position Brazil for greater growth in beef exports in 2021. With regard to pork, Brazil's share of global exports has continuously increased in recent years. It is estimated that in 2021 they will represent 11% of world exports. Compared to exports of other major meats, pork exports are relatively small, but production has increased and is being directed to export channels.<br />It is estimated that in 2021 Brazilian pork exports will be 73% higher than those recorded before China began to face the problems with African swine fever in 2018.<br />On the other hand, Brazil's share of global chicken meat exports has remained relatively stable, and it is estimated that in 2021 it will account for 32% of the volume traded internationally.<br />Although Brazilian chicken meat exports have been strengthening since 2018, exports from other smaller suppliers – such as Thailand and Russia – have been growing at higher rates.</p> | 1 | Market | 2021-05-31 11:59:57 | 2025-08-10 23:54:30 | Details Edit Delete | ||
| 4731 | FAO Meat Price Index jumped 2.2% in May | Imports from China are increasing and prices for all types of meat are following. | <p>Global food prices rose in May at their fastest monthly rate in more than a decade, even as world cereal production is on course to reach a new record high, the Food and Agriculture Organization of the United Nations (FAO) reported. The FAO Food Price Index averaged 127.1 points in May, 4.8 percent higher than in April and 39.7 percent higher than in May 2020.<br />The FAO Meat Price Index maintained its upward trend in May and even accelerated its pace. The eighth consecutive month of increase placed the average of 105.0, points after increasing 2.3 points, which is 2.2% more than in April.<br />The level is already 10% higher than that registered a year ago, but still close to 12% below the maximum level reached in August 2014. In May, the prices of all types of meat represented in the index rose, mainly thanks to the acceleration of the pace of imports in the countries of East Asia, mainly in China. The greater shortage of world supply also sustained the prices of all meat products, as a consequence of multiple factors ranging from the slowdown in slaughter, in the case of beef and sheep, to the growth of domestic demand for poultry and pork in the main producing regions. <br />A surge in the international prices of vegetable oils, sugar and cereals led the increase in the index, which tracks monthly changes in the international prices of commonly-traded food commodities, to its highest value since September 2011 and only 7.6 percent below its all-time peak in nominal terms.</p> <p>The FAO Cereal Price Index increased 6.0 percent from April, led by international maize prices, which averaged 89.9 percent above their year-earlier value. However, maize prices started to retreat at the end of May, mostly on improved production prospects in the United States of America. International wheat prices also showed a late-month decline but averaged 6.8 percent higher in May than in April, while international rice quotations held steady.<br />The FAO Vegetable Oil Price Index gained 7.8 percent in May, mainly reflecting rising palm, soy and rapeseed oil quotations. Palm oil prices rose due to slow production growth in Southeast Asian countries, while prospects of robust global demand, especially from the biodiesel sector, drove soyoil prices higher.<br />The FAO Sugar Price Index increased by 6.8 percent from April, due largely to harvest delays and concerns over reduced crop yields in Brazil, the world's largest sugar exporter, even as large export volumes from India contributed to easing the price surge.<br />The FAO Meat Price Index increased by 2.2 percent from April, with quotations for all meat types rising due to a faster pace of import purchases by China, as well as rising internal demand for poultry and pig meats in the leading producing regions.<br />The FAO Dairy Price Index rose by 1.8 percent in the month, averaging 28 percent above its level of one year ago. The increase was led by solid import demand for skim and whole milk powders, while butter prices declined for the first time in almost a year on increased export supplies from New Zealand.</p> | 1 | Market | 2021-06-07 06:46:39 | 2025-08-10 23:54:35 | Details Edit Delete | ||
| 4733 | Spaniards paid 3.2% less for the food consumed in 2020 | At the same time, the volume increased by 4.4%, according to the latest report from the Ministry of Agriculture. | <p>The Spanish Ministry of Agriculture presented the 'Report of food consumption in Spain 2020' in which it indicates that meat and fish accounted for a third of the budget of the Spanish shopping basket during the past year, with 10.8% of the volume of kilos of food consumed.<br />In general terms, the expenditure on food inside and outside the home stood at €102 billion, 3.2% less than in 2019, while the volume purchased grew 4.4%, to 34,76 million tonnes. Supermarkets and supermarkets remained the establishments preferred by consumers and account for 47.6% of food purchases. At the same time, traditional stores have recovered some of the market share lost over the last 10 years, reaching 13.8%, and played an important role for citizens, for example taking home purchases to the elderly or the most vulnerable.<br />Also, Luis Planas, Minister of Agriculture, emphasized the thrust of the phenomenon of online shopping, and although it barely reaches 2.3% of the market share of the trade in food products, its sales volume increased by 61.5% throughout 2020. The increase in consumption at home does not compensate for the expenditure not made in establishments, and the per capita expenditure, €667.22 is almost €400 less than in 2019. Of this amount, €413.6 are used for the consumption of food and appetizers and €253.6 euros in beverages.<br />The foods most consumed outside the home were bread (28% of consumptions), meats (20.8%), vegetables (20.2%) and bakery products (16.4%).</p> | 1 | Market | 2021-06-07 07:23:51 | 2025-08-10 23:54:37 | Details Edit Delete | ||
| 4734 | UK sheepmeat exports lifted in March | For the first two months of the year, sheepmeat exports declined. | <p>UK sheepmeat exports rose in March year-on-year to reach 6,150 tonnes (+11%). Export prices for the month also rose year-on-year, driven by the elevated farmgate prices seen over the last few months both here and on the continent. However, the year to date volumes of exports is still 22% lower compared to the same period last year, informs AHDB. "n Q1 as a whole, volumes to all major UK sheepmeat export destinations have declined on the year, with volumes to the EU down a marked 26%, although volumes to Hong Kong lifted (+600 tonnes)," explained Bronwyn Magee, trainee analyst.<br />Also, in March, imports have dropped by 19% compared to the same month last year to 7,600 tonnes. There were declines in recorded trade from all major import partners, with New Zealand (-10%), Australia (-46%) and Ireland (-71%) falling year-on-year. Import volumes for the year-to-date total 14,500 tonnes, 15% lower than last year.</p> | 1 | Market | 2021-06-08 09:29:05 | 2025-08-10 23:54:23 | Details Edit Delete | ||
| 4740 | Spain's meat industry is moving forward | The Spanish meat industry had a turnover of 28 billion in 2020, 4% more than in 2019. | <p>The Spanish meat industry is in fourth place of all industrial sectors in the country, only behind the automobile industry, the oil and fuel industry or energy supply, and next to sectors like the chemical or metallurgical industries, according to ANICE data.<br />Furthermore, it should be noted that direct sector employment, derived from meat companies, is 99,854 workers, who carry out their activity mainly in rural areas; representing 25.2% of the total occupation of the Spanish food industry.<br />The meat sector is made up of an industrial fabric of some 2,800 companies, including slaughterhouses, cutting plants and processed industries, with a very important base of small and medium-sized family-owned companies, including large business groups, some of them are leaders on a European scale.</p> <p>Thanks to the role of the meat industry, made up mainly of SMEs located in unpopulated areas, it is possible to maintain economic activity in territories where few other industries can do so, managing to avoid depopulation, helping to generate wealth, territorial cohesion and employment. In addition, the industry, favoring sustainability, helps to consolidate the socio-economic fabric of these areas, becoming, as part of the meat value chain, the main economic engine in rural areas and in depopulated Spain. <br />Meat production in Spain reached a record high in 2020, registering a total of 7.6 million tonnes of meat, representing an increase of 5.1% compared to 2019, according to data from the slaughter survey of cattle from the Ministry of Agriculture, Fisheries and Food (MAPA).</p> <p>Of the total production, pork continues to be the main category in 2020, with a total of 5,023,534 tonnes, representing a growth of 8.2% compared to 2019, which represents more than 65% of total production of meat.</p> <p>Spain has become the fourth-largest producer of pork, with 4.4% of world production, and the European Union considered as a whole is the second-largest producer in the world, with 22.7% of the total.</p> <p>On the contrary, the production of the beef sector fell by 2.5% compared to 2019, reaching 677,296 tonnes produced. Beef occupies third place in volume, with 8.9% of national meat production, although internationally, in this species Spain is farthest from the top positions in world production, led by the United States and Brazil.</p> <p>For their part, sheep and goats reached 124,467 tons, although their production decreased by 5.5% compared to the volume of 2019. While, at the European level, after the United Kingdom left the European Union, Spain has been become the leading European producer of sheep and goat meat, with 15.6% of the total and ahead of France (11.2%), Greece (9.2%) and Ireland (8.4%).</p> <p>Finally, with regard to the production of processed meat, Spain is in fourth place in the European Union with more than 1.4 million tons per year, only behind Germany, Italy and France.</p> <p> </p> | 1 | Market | 2021-06-10 13:00:30 | 2025-08-10 23:54:15 | Details Edit Delete | ||
| 4742 | Aussie goat meat production in decline | The data reveals that the current production figures are 37% below the 10-year quarter average. | <p>Recent ABS data was made available for MLA, highlighting goat slaughter and production trends for the March quarter. The data shows a declining level of goatmeat production since 2016. The data has goatmeat production at 4,632 tonnes cwt for the quarter, a 5% lift on Q1 2020, but 37% below the 10-year quarter average.</p> <p>NSW and WA have experienced the largest declines in recent years, with only 96 and 2 tonnes produced by each state respectively, with Victoria experiencing a modest uplift. Factors that can be attributed to lower production include volatile supply of rangeland goats, seasonal conditions and COVID-19 disruptions to trade. The drop in production also highlights that producers are not harvesting as many rangeland goats as they were during the drought – allowing goat populations to rebuild. <br />Goatmeat remains a niche part of many consumers’ diets, mostly among key ethnic segments. Australia only caters for about 1% of the global goat production. Lower production is also being reflected in exports, with the US currently acquiring 55% of total exports and the remainder going to Asia and the Caribbean.</p> <p>Goatmeat production traditionally rises in the March quarter as conditions are typically drier, enticing producers to offload. Kid slaughter has also declined since the previous March quarter, down 36% at 107 tonnes cwt. This could be reflective of potential rebuilding activity, as producers see upside in keeping young goats to grow out and breed as seasonal conditions improve across key regions such as northern NSW, southern Queensland and WA.</p> <p>The aforementioned improvements may contribute to a greater number of goats being produced in the medium-term as younger kids become available for slaughter and local conditions improve along with the export trade. The vaccination rollout will likely aid global foodservice demand and historically high prices should also assist in more goats coming onto the market.</p> <p> </p> | 1 | Market | 2021-06-10 13:33:57 | 2025-08-10 23:54:21 | Details Edit Delete | ||
| 4743 | Thailand denies ASF rumors | However, pig prices in the country are plummeting since Vietnam announced a ban on live pig imports. | <p>Pig price in Thailand plunged 15% in the last two weeks of May 2021, from THB 80/ kg ($ 2.6) to THB 68/ kg ($ 2.2). The price plunge was a result of Vietnam’s ban on live pig imports from Thailand and forced closure of wet markets across the country to avoid mass gatherings that could spread Covid-19.<br />Vietnam imposed the ban at the end of May after its local livestock authorities found 980 pigs shipped to the border from Thailand infected with ASF.<br />Even so, the Director-General of Thailand’s Department of Livestock Development (DLD), Sorawit Thanito, denied that the country was hit by ASF. He promptly instructed border checkpoints to conduct a test for ASF on every consignment of pigs that are destined for Vietnam.<br />Apart from the ban, slow demand for pork in the country mainly due to closures of wet markets and suspension of dining in restaurants and bars also affects the price of live pigs.<br />In the long-term, however, it is expected that the price would soon recover and make a new high in months to come. Fearing the spread of ASF, numerous pig farms in Thailand are liquidating their sows and shipping them out to Myanmar.<br />Introducing gilts or piglets to the farms can be hardly implemented at the moment. The DLD is taking tight control of the movements of pigs to minimize risks from ASF. Farms at origin and destinations have to prove that they are free from the virus through testing blood samples and surface swabs. The test has to be conducted only by DLD’s own laboratories. It is estimated that nearly half of Thailand’s one million sows have been made redundant.</p> | 1 | Market | 2021-06-11 09:57:11 | 2025-08-10 23:54:32 | Details Edit Delete | ||
| 4745 | New value record for US beef exports | Exports of US beef and pork continued to build momentum in April, according to data released by USDA and compiled by the US Meat Export Federation (USMEF). | <p>Following a record-breaking March performance, exports of U.S. beef and pork continued to build momentum in April, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF).</p> <p>April exports of U.S. beef set another new value record at $808.3 million, up 35% from a year ago, with export volume reaching 121,050 metric tons (mt) – up 23% year-over-year and the fifth largest on record. For beef muscle cuts, exports were the third largest ever at 94,656 mt (up 21%), valued at a record $726.7 million (up 36%). For January through April, beef exports moved 5% ahead of last year’s pace at 454,398 mt, with value up 10% to $2.93 billion. Beef muscle cut exports were up 8% to 357,570 mt, valued at $2.63 billion (up 12%).</p> <p>Pork exports were the sixth largest on record in April at 269,918 mt, up 2% from a year ago. Export value was $749.2 million, up 10% and the fourth highest on record. Pork muscle cuts followed a similar trajectory, increasing 3% in volume (224,179 mt) and 10% in value ($641.7 million). Through April, pork exports were 5% below last year at 1.05 million mt, valued at $2.82 billion (down 3%). Pork muscle cut exports were down 5% to 883,599 mt, valued at $2.43 billion (down 4%).</p> <p>“Looking back at April 2020, it was a difficult month for red meat exports as we began to see COVID-related supply chain interruptions and foodservice demand took a major hit in many key markets,” said USMEF President and CEO Dan Halstrom. “While it is no surprise that exports performed much better in April 2021, we are pleased to see that global demand continued to build on the broad-based growth achieved in March.”</p> <p>Halstrom cautioned, however, that the COVID-19 pandemic is still a major concern for the U.S. meat industry, adding uncertainty to the business climate in many export destinations. Logistical challenges, including container shortages and ongoing vessel congestion at many U.S. ports, also present significant obstacles for red meat exports.</p> <p>“While conditions are improving in many key markets, the COVID impact is the most intense it has ever been in Taiwan and heightened countermeasures are also in place in Japan and other Asian countries,” he explained. “But foodservice activity is climbing back in our Latin American markets and retail demand – both in traditional settings and in e-commerce – has been outstanding and USMEF continues to find innovative ways for the U.S. industry to capitalize on these opportunities. We are also working with ag industry partners and regulatory agencies to find ways to improve the flow of outbound cargo, which is essential to maintaining export growth.”</p> | 1 | Market | 2021-06-11 11:58:02 | 2025-08-10 21:28:27 | Details Edit Delete | ||
| 4746 | Saudi Arabia bans poultry imports from France | A temporary ban on imports of chicken meat and eggs from the French regions of Landes, Pyrenees Atlantiques, and Gers was put in place. | <p>Saudi authorities decided to ban poultry imports from three regions in France due to the outbreak of highly pathogenic avian flu. In an official statement, the Saudi veterinary watchdog SFDA stated that the decision was taken after analysis of a report by the World Organization for Animal Health (OIE) on the registration of new cases of avian influenza in these three areas.<br />"This means ensuring the elimination of the flu virus and, once these products are in compliance with health requirements and standards, attaching a health certificate issued by competent authorities accredited in France proving that these products are free of the virus", added the agency.<br />The kingdom had previously banned the importation of birds from the French region of Saint-Geours-de-Maremne as a result of the spread of the same disease.</p> | 1 | Market | 2021-06-14 09:20:37 | 2025-08-10 23:54:27 | Details Edit Delete | ||
| 4750 | Pig prices in China fall below US levels | China would likely reduce frozen pork import in the second half of the year, warns expert. | <p>The current price for live pigs in China has dropped to RMB15/kg ($2.34) due to a mix of more hog inventory, bigger market hogs, huge frozen pork import, liquidation of cold storage and panic sales by farmers. This is the first time when China's pig prices are below the US market and that may signal a decrease in imports for the following months, according to a commentary from Jim Huang, Futures Market Executive.<br />"In my opinion, the downward price trend for four months straight is driven by improved hog supply and low pork demand. This is consistent with the late stage of a Hog Price Cycle. Hog price would not reach bottom until pork demand comes back in September. With a negative spread between China and US pork price, China would likely reduce frozen pork import in the second half of the year," he said for Swineweb.<br />Presently, China Customs imposes an 8% import duty and 9% VAT tax on frozen pork but US pork has a special treatment. During the height of the Trade War, import duty was raised three times to 72%. With the signing of Phase 1 US-China Trade Agreement in January 2020, import duty is now down to 33%, plus the 9% VAT. "The headwind for US pork export is no longer the unpredicted government policy, but purely economic forces at work," believes Mr Huang. </p> | 1 | Market | 2021-06-15 09:59:47 | 2025-08-09 17:50:04 | Details Edit Delete | ||
| 4762 | US meat market to reach $215.76 billion by 2028 | Health benefits brought by meat consumption stand as one of the main drivers for market expansion. | <p>The latest market report from Fortune Business Insights predicts an expansion for the US meat market over the next 7 years, as consumers' increasing interest in protein-rich and ketogenic diets will drive the market during the forecast period. Last year, the market reached a value of $170.38 billion but, according to the report, it will reach $215.76 billion by 2028, with a CAGR of 3.21% during the forecast period.<br />However, 2020 was a year marked by severe disruptions in the supply chain and distribution channels due to the COVID19 crisis. The entire global economy has been severely affected by the COVID-19 pandemic, which has resulted in numerous socio-economic disturbances and the closure of food processing plants and other industries. The initial months of the virus outbreak had a negative effect on the US meat market growth due to the lockdown imposed by the governments. However, after the month of June, the market began to recover its growth as the industry began to work normally, mentions the market report.</p> <p>Consumers were urged to purchase healthier, protein-rich, balanced foods as a result of the promotional activities. Demand for processed beef, pork, and chicken increased across all distribution channels, particularly online retailers, as consumers become more aware of the health benefits of meat products. Hence, increased public understanding of the health benefits of such products will spur development during the global pandemic.<br />Meat is a major part of the typical American diet, accounting for more than 15%, 40%, and 20% of daily energy, protein, and fat intake, respectively. A wide range of fresh, frozen, chilled, and canned meat is sold in the region, primarily to retailers and foodservice outlets. Because of its longer shelf life, higher demand, and capacity to transport, chilled meat dominated the industry. The rising consumption of frozen products in foodservice channels, especially restaurants, is driving the segment. Furthermore, frozen products are seen as a healthy alternative to canned products and more convenient due to the reduced processing time. The meat industry in the United States will expand due to the increasing attention of frozen food producers on the launch of new products.</p> <p>Moreover, because of the growing trend toward white meat consumption, the poultry segment is expected to rise at a faster rate. The supermarket/hypermarket segment is expected to hold a significant market share. The investors are capitalizing on the comforts of customers to have a convenient shopping experience, which, in turn, will boost the supermarket/hypermarket segment. <br />On the other hand, consumers are more and more attracted to protein-rich food, as they adopting a healthy, active lifestyle. High-protein diets are becoming more common among athletes and fitness enthusiasts. As a result, manufacturers are investing in new meat-based goods, as well as increased advertising campaigns, which are expected to improve sales for US Chicken, beef, and pork are increasingly being used by manufacturers to make healthy snacks.</p> | 1 | Market | 2021-06-22 08:23:15 | 2025-08-11 01:30:17 | Details Edit Delete | ||
| 4763 | Slight increase in Aussie beef exports to South Korea | While prices still dictate the consumers' behavior, experts are showing optismism for consumption recovery. | <p>Australian beef exports to South Korea have increased 2% in the first 5 months of the year, compared with the same period a year ago, reaching 63,700 tonnes ship swt. South Korea remains the second-largest destination for beef, as the country has the highest per capita beef consumption rate in Asia: 13 kilograms per head.<br />"High cattle prices and tight supply in Australia will likely add pressure on trade in the short- to medium-term. However, the long-term outlook for Australian beef exports to Korea remains strong. A steady increase in per capita beef consumption, supply constraints in Korea, improving supply in Australia and Australian beef’s favourable position as a trusted, high-quality product all support this outlook," informs Meat and Livestock Australia in a press release.<br />Among imported beef, which accounts for about two-thirds of total beef consumption in Korea, Australian beef is considered the most superior meat favoured by many Korean families. <br />Nevertheless, a survey conducted in the first quarter of the year in the South Korean market reveals that 50% of consumers indicated that price has the greatest influence on their purchasing decisions. Still, MLA's analysts are expecting a slow recovery in the following months, as consumers are returning to restaurants or increasing outdoor activities including camping etc. Also, retail sales, including those online, are expected to experience slow growth in the coming months as food service recovers. However, this remains a short-term trend following on from a strong growth period so far this year.</p> | 1 | Market | 2021-06-22 09:26:47 | 2025-08-09 03:26:32 | Details Edit Delete | ||
| 4766 | Mexico blocks imports from Smithfield | Concerns about the quality of hog skins from the Smithfield Foods facility are behind this decision. | <p>Mexico blocked all shipments from the world’s largest pork plant in North Carolina due to concerns about the quality of hog skins from the Smithfield Foods facility, the company said this week. The halt in shipments from the plant in Tar Heel, in eastern North Carolina, is a hit to the US pork sector. The facility became ineligible to export to Mexico last Wednesday, according to the US Department of Agriculture (USDA).</p> <p>Mexico was the biggest export market for US pork by volume before being surpassed by China in 2020. A major buyer of hams, Mexico in 2019 purchased about 708,00 tonnes of US pork worth nearly $1.3 billion. Smithfield, owned by Hong Kong-listed WH Group, said the halt is temporary and the company is working with authorities to resume shipments from Tar Heel. The plant can slaughter about 34,500 hogs a day, about 7% of total U.S. slaughtering, according to industry estimates. Mexico had concerns about the quality of a specific lot of hog skins the plant sold to a third-party company based in the United States, said Keira Lombardo, Smithfield’s chief administrative officer. The third-party company ultimately exported the skins to Mexico, she said.<br />“We have conducted a thorough internal inquiry and have determined that the issue originates with the third-party company, not with Smithfield nor the facility,” Lombardo said.</p> <p>Lombardo did not identify the third-party company in a statement. The press office for Mexico’s Agriculture Ministry said health safety agency Senasica was reviewing the matter. The office said it could not confirm the agency’s role, if any, in the plant becoming ineligible to ship products to Mexico.<br />Smithfield, the world’s biggest pork processor, has multiple U.S. plants and could ship pork to Mexico from facilities other than Tar Heel if necessary, said Steve Meyer, economist for consultancy Partners for Production Agriculture. “I don’t get real worried about one plant on a multi-plant firm, even though it’s still not a good thing,” Meyer said.</p> | 1 | Market | 2021-06-23 11:49:15 | 2025-08-10 23:53:33 | Details Edit Delete | ||
| 4768 | China's live pig prices decreased for 20 consecutive weeks | High volatility in this market triggered the alert for both officials, farmers, and importers. | <p>For almost 5 months now, live pig prices in China have dropped continuously, going down from 36.8 yuan ($5.60)/kg in January to 15.8 yuan ($2.31)/kg, current slaughter pig price. That triggered a third-level alert by the National Development and Reform Commission. The recently formed commission aims to alert producers to make changes in their production plans, while at the same time adjusting pork reserves to stabilize prices, informs Lyle L. Jones, Genesus Director of Sales, China.<br />"The last two years of high prices and huge profits spurred massive investments by large-scale producers and outside investors into the industry. At the same time, local governments have been supporting the construction of new modernized farms within their own areas. Thus, the rapid expansion has resulted in increased production capacity and more pigs to the market," he explained in his latest market report.</p> <p>According to statistics from the Ministry of Agriculture (MARA), the number of sow’s capacity in China has increased for 20 straight months as of May, up 19.3% year on year or the equivalent of 98.4% of the end of 2017. Officials also reported that the hog inventory increased by the same pace, up 23.5% year on year and 97.6% of end of 2017.<br />"Industry experts say that heavier carcass weights (130kg) from producers wanting to capitalize on higher prices have contributed to more kg of pork on the market. Also, continued pork imports meant to assure supply have affected the market price. Finally, the summer season is historically a time of lower demand. China’s pork production structure has undergone significant changes. High prices and huge profits have accelerated the shift to large-scale farms," Mr. Jones added.<br />According to MARA, the number of large-scale farms (>500 pigs per year) increased from 160,000 to 178,000 in 2020. In May, the number of pigs slaughtered by large-scale companies in China was reported to be 19.96 million, a year-on-year increase of 44%.<br />According to survey data, the total annual output of public listed companies in 2017 was 34.42 million head accounting for only 4.9%. By the end of 2020, the annual output of public listed companies had reached 53.26 million head, an increase of more than 50%.<br />However in 2021, rising feed costs and increased costs of production coupled with lower prices have tempered expansion plans for many entrepreneurs."Our observations are that some companies may continue with their plans, but most have slowed down or even paused until prices improve," confirms Lyle L. Jones.</p> | 1 | Market | 2021-06-24 11:14:26 | 2025-08-10 23:21:30 | Details Edit Delete | ||
| 4775 | US replaces Australia as China's fifth largest beef supplier | In May, despite a decrease in overall beef imports in Mainland China, US producers have increased their market share by shipping 12,397 tonnes of beef to this destination. | <p>US beef producers are increasing their market share in China continuing an upward trend seen in the last six months and shipping 12,397 tonnes of beef to this destination. With this volume, the US has become the fifth-largest beef supplier in China, surpassing Australia. Compared with April, there was a 32% increase in beef imports from the US, according to the B2B platform Beef to China.<br />However, results from other Asian markets are not so strong, according to US Meat Export Federation (USMEF). "While conditions are improving in many key markets, the COVID impact is the most intense it has ever been in Taiwan and heightened countermeasures are also in place in Japan and other Asian countries,", commented USMEF President and CEO Dan Halstrom.<br />Meantime, Australia seems to gain momentum in live cattle exports to the Chinese market, along with New Zealand and Uruguay. According to Beef to China, New Zealand ranks number 1 in live cattle exports to this market (34%), followed by Australia (30%) and Uruguay (27%). From January to May this year, Mainland China has imported a total of over 162,000 head of live cattle, already corresponding to more than a half (61%) of the total live cattle imports in the whole year of 2020. Compared with the first 5 months of 2020, the increase in livestock imports was 41%.</p> | 1 | Market | 2021-06-28 06:34:47 | 2025-08-10 23:53:24 | Details Edit Delete | ||
| 4779 | Sokolow declared the most valuable brand in the Polish food sector | In addition to winning first place in the food industry category, this year Sokolow also lands on a strong 27th place on the overall list of the most valuable brands in Poland. | <p>For the last 15 years, the Polish newspaper Rzeczpospolita present a top of the most renowned brands in the country and this year, Sokolow, a Danish Crown subsidiary, received the title of the most valuable brand in the Polish food industry. In addition to winning first place in the food industry category, this year Sokolow also lands on a strong 27th place on the overall list of the most valuable brands in Poland. In total, 220 brands from Poland have been weighted and weighed by the newspaper.<br />"We are very happy to have won the honor of being the most valuable brand in the Polish food sector. It is a confirmation of our approach and strategy and a big pat on the back to all Sokolow employees, who every day ensures that our company is constantly developing and improving," said Bogus?aw Miszczuk, CEO of Sokolow.<br />Bogus?aw Miszczuk goes on to say that the award is a great recognition of Sokolow's strong market position and way of behaving like a company. He emphasizes that the award will motivate to further connect Sokolow's brand with the highest quality and good associations.</p> | 1 | Market | 2021-06-30 09:35:44 | 2025-08-11 01:53:54 | Details Edit Delete | ||
| 4782 | Brazil looks to fill 30,000 tonnes poultry quota offered by Mexico | Last week, the Mexican government opened a new quota of 30,000 tonnes to import chicken meat from countries outside the North American Free Trade Agreement (USMCA). | <p>Brazilian poultry producers are ready to fill most of the 30,000 tonnes chicken meat quota opened last week by the Mexican government. Poultry imports included in this quota are for countries outside the North American Free Trade Agreement (USMCA). According to the Brazilian Association of Animal Protein (ABPA), Brazilian exporters of the product should benefit from the measure. The quota allows for import without customs duties and is valid for bone-in and boneless cuts, such as breast, thigh, drumstick and chicken wings. For ABPA, the rise in domestic prices for the product may have led Mexico to facilitate foreign purchases.</p> <p>"For almost a decade, we have been building a strong partnership with Mexico, supporting especially in times when the local supply is facing internal supply problems. This is a partnership that has worked, and now it should gain new momentum, influencing the balance positive of Brazilian exports”, said the president of ABPA, Ricardo Santin, in the statement. Even though import tariffs add up to 75%, from January to May this year, Mexico imported 38,300 tonnes of Brazilian chicken meat. In the same period last year, this volume was 2,300 tonnes, according to the ABPA.</p> | 1 | Market | 2021-07-01 04:47:09 | 2025-08-11 00:28:03 | Details Edit Delete |
