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7630  GB: Q2 net margins drop back, as industry remains in profit  GB pig farmers remained in the black for the fifth successive quarter in Q2, although margins dropped back slightly to £15/head, according to AHDB's latest cost of production estimates.   <p>The full economic cost of production for April to June, calculated by AHDB using performance figures for breeding and finishing herds, was estimated at 195p/kg deadweight, fractionally up on the Q1 figure of 194p/kg.<br /><br />Feed costs, which made up up 62% of total costs, remained in line with Q1 on average over the three months, but they have been increasing through Q2, which could affect cost of production and net margins in the second half of 2024, according to AHDB senior economist Jess Corsair.<br /><br />Energy prices fell by 12% compared to Q1, although this was offset by an increase in fuel costs.<br /><br />Pig prices have stayed consistent with the beginning of 2024 at 212p/kg (APP) during Q2, giving an estimated average margin per slaughter pig of &pound;14.86 per head and 16.74p/kg deadweight.<br /><br />This compares with &pound;25/head during Q2 2023 and, although margins have now fallen for three successive quarters, this relatively prolonged period of pig industry profitability follows 10 successive negative that saw estimated cumulative losses in excess of &pound;750 million.</p>    Market adrian.lazar@industriacarnii.ro 2024-08-09 00:20:02  2025-08-06 18:41:38  Details Edit Delete
7632  Norwegian seafood export value in July totalled NOK 13 billion  This is an increase of NOK 727 million, or 6 per cent, from the same month last year.  <p style="font-weight: 400;">The largest markets for Norwegian seafood exports in July were Poland, Denmark and the Netherlands</p> <p style="font-weight: 400;">Seafood from Norway was exported to a total of 111 countries in July. This is 1 more than in July last year.</p> <p style="font-weight: 400;">"The reason behind the increase in export value for July is a weakened Norwegian krone against both the euro and the dollar. We see that a sharp decline in salmon prices was compensated by volume growth, and in the end, it is the currency effect that adds value", says Christian Chramer, CEO of the Norwegian Seafood Council.</p> <p style="font-weight: 400;">"In a quieter period with relatively low volumes for the remaining major species exported, July broke records for herring and mackerel", concludes Chramer.</p> <ul style="font-weight: 400;"> <li>The UK saw the greatest growth in value, with an increase in export value of NOK 381 million, or 64 per cent, compared with the same month last year. The export volume to the UK ended at 19,092 tonnes, which is 117 per cent higher than the same month last year.</li> </ul> <p style="font-weight: 400;">"So far this year, total exports to the UK have grown by 8 per cent in value terms in Norwegian kroner and by 12 per cent in volume terms. Apart from a positive trend for salmon and trout, the other growth is mainly due to exports of fishmeal and fish oil. Frozen whole cod has an overall volume growth of 3 per cent and continues to take a larger share of Norwegian exports. The UK is a significant market for Norwegian haddock. It is positive to see a clear increase for both frozen and fresh whole haddock to the market in July", says Victoria Braathen, the Norwegian Seafood Council's director in the UK.</p> <p><strong>Weakening of the Norwegian krona resulted in value growth for salmon</strong></p> <ul style="font-weight: 400;"> <li>Norway exported 107,442 tonnes of salmon worth NOK 9.6 billion in July</li> <li>The value increased by NOK 262 million, or 3 per cent, compared with the same month last year.</li> <li>This is a growth in volume of 13 per cent</li> <li>Poland, the Netherlands and the US were the largest markets for salmon in July</li> </ul> <p style="font-weight: 400;">July saw a further decline in the price of salmon, as well as significant volume growth. However, the increase in export value was driven by a weaker Norwegian krone. Measured in euros, the export value was unchanged from July last year, while measured in US dollars, the export value fell by 2 per cent.</p> <p style="font-weight: 400;">"Despite the fall in prices, the value of exports to several of the major markets is increasing", says Paul T. Aandahl, Seafood Analyst at the Norwegian Seafood Council.</p> <p style="font-weight: 400;">"Germany saw the greatest growth in value in July, with an increase in export value of NOK 142 million, or 46 per cent, compared with the same month last year. The export volume to Germany ended at 4,800 tonnes, which is 53 per cent higher than the same month last year. This development must be seen in the context of low supplies at the beginning of the year, as well as the currency situation, which is favourable from an export perspective", says Aandahl.</p> <p><strong>Trout exports increase</strong></p> <ul style="font-weight: 400;"> <li>Norway exported 8,025 tonnes of trout worth NOK 698 million in July</li> <li>The value increased by NOK 186 million, or 36 per cent, compared with the same month last year</li> <li>This is a growth in volume of 38 per cent</li> <li>Thailand, Ukraine and the US were the largest markets for trout in July</li> </ul> <p><strong>Decline continues for fresh cod - farmed cod increases</strong></p> <ul style="font-weight: 400;"> <li>Norway exported 2,384 tonnes of fresh cod worth NOK 137 million in July</li> <li>The value fell by NOK 9 million, or 6 per cent, compared with the same month last year</li> <li>Volume fell by 19 per cent</li> <li>Denmark, the Netherlands and Spain were the largest markets for fresh cod in July</li> </ul> <p style="font-weight: 400;">The decline in landings of fresh cod continues, and the export volume of fresh wild cod in July fell by as much as 45 per cent to just 1,429 tonnes. We must go back to 2019 to find a lower export volume of fresh wild cod in a July month. The export value of fresh wild cod fell 37 per cent to NOK 80 million.</p> <p style="font-weight: 400;">For fresh farmed cod, the export volume increased by 200 per cent to 955 tonnes, while the export value increased by 185 per cent to NOK 58 million. Farmed cod accounted for 42 per cent of the export value of fresh cod.</p> <p style="font-weight: 400;">While most wild cod is exported to Denmark, the Netherlands is the largest destination country for farmed cod. However, both markets are transit markets. Most of the fish goes on from there to the large fresh markets, both as whole fish and processed.</p> <p style="font-weight: 400;">"The decline in fresh cod exports is expected, with lower quotas resulting in fewer landings and a lower volume. At the same time, we see that exports of farmed cod are stable at around 1,000 tonnes per month", explains Eivind H&aelig;stvik Brekkan, Seafood Analyst at the Norwegian Seafood Council.</p> <p><strong>Frozen cod also falls because of the quota cut</strong></p> <ul style="font-weight: 400;"> <li>Norway exported 2,290 tonnes of frozen cod worth NOK 147 million in July</li> <li>The value fell by NOK 63 million, or 30 per cent, compared with the same month last year.</li> <li>Volume fell by 32 per cent</li> <li>The UK, China and Sweden were the largest markets for frozen cod in July</li> </ul> <p style="font-weight: 400;">Naturally, lower cod quotas also resulted in a decline in the export volume of frozen cod in July.</p> <p style="font-weight: 400;">The UK retains its position&nbsp;as the largest destination country for frozen cod, despite a 37 per cent decrease in export volume, from 1,277 last year to 800 tonnes in July this year. Both frozen fillet and frozen whole cod had lower export volumes to the UK, down 44 and 35 per cent respectively compared to July 2023.</p> <p style="font-weight: 400;">China had the highest value growth in July, with an increase in export value of NOK 29 million, or 155 per cent, compared with the same month last year.</p> <ul style="font-weight: 400;"> <li>The export volume to China ended at 814 tonnes, which is 77 per cent higher than the same month last year. So far this year, the export volume to China has now exceeded 10,000 tonnes, which is more than 1,000 tonnes higher than at the same time last year.</li> <li>However, this is still far lower than the previous year, and almost 50 per cent lower than at the same time in 2022.</li> </ul> <p><strong>Increased volumes of clipfish</strong></p> <ul style="font-weight: 400;"> <li>Norway exported 5,436 tonnes of clipfish worth NOK 383 million in July</li> <li>The value increased by NOK 5 million, or 1 per cent, compared with the same month last year.</li> <li>This is a growth in volume of 16 per cent</li> <li>Portugal, Congo-Brazzaville and the Dominican Republic were the largest markets for clipfish in July</li> </ul> <p style="font-weight: 400;">For saithe clipfish,&nbsp;the export volume increased by 38 per cent to 3,329 tonnes, while the export value increased by 20 per cent to NOK 134 million.</p> <p style="font-weight: 400;">For cod clipfish,&nbsp;the export volume fell by 16 per cent to 1,702 tonnes, while the export value fell by 10 per cent to NOK 227 million.</p> <p style="font-weight: 400;">1,441 tonnes of cod clipfish were exported to Portugal in July. This is a decrease of 19 per cent from the same month last year. So far this year, however, export volumes to Portugal are up 1 per cent to 9,094 tonnes.</p> <p style="font-weight: 400;">Congo-Brazzaville had the highest growth in value in July, with an increase in export value of NOK 26 million, or 131 per cent, compared with the same month last year. Most of the clipfish exported to Congo-Brazzaville is saithe clipfish. The export volume to Congo-Brazzaville ended at 1,134 tonnes, which is 162 per cent higher than the same month last year.</p> <p><strong>Salt fish exports increased</strong></p> <ul style="font-weight: 400;"> <li>Norway exported 982 tonnes of salted fish worth NOK 82 million in July</li> <li>The value increased by NOK 12 million, or 17 per cent, compared with the same month last year.</li> <li>This is a growth in volume of 2 per cent</li> <li>Portugal, Italy and Canada were the largest markets for salted fish in July</li> </ul> <p style="font-weight: 400;">Portugal saw the greatest growth in value in July, with an increase in export value of NOK 22 million, or 51 per cent, compared with the same month last year. The export volume to Portugal ended at 727 tonnes, which is 48 per cent higher than the same month last year. So far this year, 12,900 tonnes of salted fish have been exported to Portugal, 14 per cent lower than last year.</p> <p><strong>Low stockfish volumes in a quiet month</strong></p> <ul style="font-weight: 400;"> <li>Norway exported 170 tonnes of stockfish worth NOK 23 million in July</li> <li>The value fell by NOK 8 million, or 25 per cent, compared with the same month last year</li> <li>That's a growth in volume of 50 per cent</li> <li>Italy, Nigeria and the US were the largest markets for stockfish in July</li> </ul> <p style="font-weight: 400;">Only 31 tonnes of stockfish were exported to Italy, our largest stockfish market, in July. This is more than a halving from the same month last year.</p> <p style="font-weight: 400;">July saw the greatest growth in the value of exports to Nigeria, with an increase in export value of NOK 6 million, or 266 per cent, compared with the same month last year. The export volume to Nigeria ended at 89 tonnes, which is 429 per cent higher than the same month last year. This means that more than half of the stockfish in July went to Nigeria. When it comes to changes in what are initially low volumes, there is a high percentage change.</p> <p style="font-weight: 400;">"Stockfish of saithe, tusk and cod were all exported to Nigeria in July. The dried fish that goes to this market achieves a much lower price than that which goes to Italy. Despite the increase in July, the market situation in Nigeria remains challenging. A weak exchange rate for the Nigerian naira makes importing goods more expensive", says Eivind Hestvik Br&aelig;kkan.</p> <p><strong>Record prices for herring</strong></p> <ul style="font-weight: 400;"> <li>Norway exported 10,734 tonnes of herring worth NOK 211 million in July</li> <li>The value increased by NOK 33 million, or 19 per cent, compared with the same month last year.</li> <li>Volume fell by 2 per cent</li> <li>The Netherlands, Poland and Lithuania were the largest markets for herring in July</li> </ul> <p style="font-weight: 400;">July is usually the month of the year when the least amount of herring is exported. This year, however, exports are higher than in April, May and June. This is due to two things:</p> <ul style="font-weight: 400;"> <li>Low quotas for Norwegian spring-spawning herring (NVG), which is caught in autumn and winter</li> <li>An increase in the quota for North Sea herring, which is mainly caught from May through the summer. This year, the North Sea herring season got off to a late start, which has pushed more of the exports, which are usually in May and June, into July.</li> </ul> <p style="font-weight: 400;">&ldquo;In July, frozen whole North Sea herring was the largest export product. This also includes the sought-after maiden herring, known as matjessild, which is demand by the Dutch," explains the Norwegian Seafood Council's Jan Eirik Johnsen, Manager for Pelagic Species.</p> <p style="font-weight: 400;">So far this year,&nbsp;just under 6,000 tonnes of maiden herring have been exported to the Netherlands, compared with 6,900 tonnes last year, a decrease of 13 per cent. At the same time, the price of frozen whole North Sea herring in July rose from NOK 16.19 per kg last year to NOK 19.66 per kg this year, an increase of 21 per cent.</p> <p style="font-weight: 400;">Other herring products also achieve a high price in the markets:</p> <ul style="font-weight: 400;"> <li>In July, a price record was set for frozen skinless fillet by NVG at NOK 21.97 per kg. The previous record was set in April at NOK 20.69 per kg, an increase of 6.2 per cent.</li> <li>There is also a new price record for NVG herring flaps. This product achieved an average price in July of NOK 21.97 per kg and EUR 1.87 per kg. The previous record in NOK was from April this year at NOK 20.69 per kg, but in EUR it was from last month at 1.78 per kg.</li> </ul> <p style="font-weight: 400;">"A weak Norwegian krone contributes to the price level of herring but is not the main explanation. For July, we see that currency contributes by 4 per cent, while increased prices contribute by as much as 12 per cent, when compared with July last year. A low total quota for herring is the most important factor behind the high prices. In addition, high prices for flour and oil are also pushing up prices for herring for consumption", says Jan Eirik Johnsen.</p> <p><strong>The best July for mackerel of all time</strong></p> <ul style="font-weight: 400;"> <li>Norway exported 9,260 tonnes of mackerel worth NOK 220 million in July</li> <li>The value increased by NOK 74 million, or 50 per cent, compared with the same month last year</li> <li>This is a growth in volume of 39 per cent</li> <li>Egypt, the Netherlands and Vietnam were the largest markets for mackerel in July</li> </ul> <p style="font-weight: 400;">July and June are the months with the lowest exports of mackerel and are dominated by mackerel fishing in Northern Norway. Fishing in the north has been demanding, and 7,800 tonnes have been landed so far this year, compared with 8,600 tonnes last year.</p> <p style="font-weight: 400;">At the same time, large mackerel have been caught in the north, with an average of well over 550 grams. This is well above the usual average for this area of around 480 grams.</p> <p style="font-weight: 400;">A new value record is set for mackerel exports in July<u>:&nbsp;</u>A solid volume combined with a new price record for the month of July of NOK 22.73 per kg, gives a value of NOK 220 million. The previous record was NOK 172 million from 2021.</p> <p style="font-weight: 400;">"Demand for Norwegian summer mackerel is reported to be good, partly as a result of Iceland and the Faroe Islands starting their mackerel fishery later than usual, and the Icelandic fishery is well behind last year", says Jan Eirik Johnsen.</p> <p style="font-weight: 400;">"Egypt in particular demands summer mackerel, which is less fatty than autumn mackerel, which mainly goes to Asia. The Egyptians want a less fatty mackerel, as most of the mackerel is smoked", Johnsen explains.</p> <p><strong>Exports of king crab are falling</strong></p> <ul style="font-weight: 400;"> <li>Norway exported 172 tonnes of king crab worth NOK 82 million in July</li> <li>The value fell by NOK 29 million, or 26 per cent, compared with the same month last year</li> <li>Volume fell by 30 per cent</li> <li>The US, Hong Kong SAR and Vietnam were the largest markets for king crab in July</li> </ul> <p style="font-weight: 400;">The export price of live king crab remains just above last year's July price of NOK 450 per kg but has been on a downward trend since May. At the end of May, demand for king crab was already slowing down, as the price was very high at the same time as uncertainty was spreading in the market linked to rumours that Russian fishing in the Barents Sea would start earlier than usual.</p> <p style="font-weight: 400;">Russia's&nbsp;accelerated&nbsp;fishing in the Barents Sea is putting the brakes on demand for live Norwegian red king crab.<strong>&nbsp;</strong>They started fishing for red king crab in the Barents Sea on 1 July, instead of 1 September, which has pushed the price of live crab further down in July.</p> <p style="font-weight: 400;">On the other hand, the price of frozen king crab has remained high at NOK 796 per kg, which is the second-best July ever.</p> <p style="font-weight: 400;">The largest market for Norwegian king crab in July was the USA, which saw a 32 per cent increase in export value compared with the same month last year. A total of 45 tonnes were exported to the USA, with a value of NOK 24 million in July.</p> <p><strong>Snow crab exports plummet after early fishing</strong></p> <ul style="font-weight: 400;"> <li>Norway exported 22 tonnes of snow crab worth NOK 2 million in July</li> <li>The value fell by NOK 10 million, or 85 per cent, compared to the same month last year</li> <li>Volume fell by 81 per cent</li> <li>China, Vietnam and the US were the largest markets for snow crab in July</li> </ul> <p style="font-weight: 400;">"With a record-breaking catch peak and record-high volumes exported during the first half of the year, it is not unexpected that exports are now declining," says Marte Sofie Danielsen, head of shellfish at the Norwegian Seafood Council.</p> <p style="font-weight: 400;">For the first time since January, there was also a decline in the export price compared with the same month last year, with an average price of NOK 81.50 per kg for frozen snow crab. Out of a total of 22 tonnes exported, 19 of these went to China and Vietnam.</p> <p style="font-weight: 400;">Only two tonnes were exported from Norway in July to the USA, which has been the largest market for Norwegian snow crab so far this year. There is strong competition from the supplier nation Canada, which exported almost 16,000 tonnes of snow crab to the USA in May. This is the largest volume of snow crab exported to the US from Canada in a single month since June 2015.</p> <p><strong>Record-breaking July for prawns</strong></p> <ul style="font-weight: 400;"> <li>Norway exported 3,971 tonnes of prawns to a value of NOK 148 million in July</li> <li>The value increased by NOK 78 million, or 111 per cent, compared with the same month last year</li> <li>This is a growth in volume of 339 per cent</li> <li>Canada, Iceland and Sweden were the largest markets for prawns in July</li> </ul> <p style="font-weight: 400;">&ldquo;The prawn fishery in the Barents Sea is good and there are many boats in the field. This has led to increased exports of frozen raw industrial prawns and frozen cooked shell prawns. As a result, we've recorded the strongest July ever in terms of value for prawns," explains Danielsen.</p> <p style="font-weight: 400;">The growth in value is due to increased volumes, especially of these two products. However, the volume growth of 339 per cent is compared with a weak July last year but is still the strongest July in terms of volume since 1999.</p> <p style="font-weight: 400;">More than 2,600 tonnes of industrial prawns were exported in July, compared with just 4 tonnes in the same month last year. This has mainly been exported to Canada and Iceland, both of which are experiencing a downward trend in stocks and quotas.</p> <p style="font-weight: 400;">Canada thus had the highest growth in value in July, with an increase in export value of NOK 28 million compared with the same month last year. The export volume to Canada ended at 1,161 tonnes.</p> <p style="font-weight: 400;">For frozen, cooked shell prawns, there was an increase in value of more than 121 per cent in July compared with last year. This has mainly gone to the transit market Denmark, the consumption market Ukraine and the hand-pill market&nbsp;&nbsp;Morocco.</p>    Retail adrian.lazar@industriacarnii.ro 2024-08-09 00:25:00  2025-08-06 16:19:45  Details Edit Delete
7633  Australia: Record-breaking beef exports in July  Australia’s beef exports reached unprecedented levels in July, setting a new monthly record. This surge highlights the dynamic nature of global meat markets and Australia’s significant role within them.  <p style="font-weight: 400;">In July, beef exports reached 129,998 tonnes, surpassing the previous record of 123,464 tonnes set in March 2015 by 5%.</p> <p style="font-weight: 400;">The US slowdown created space in most markets, while substantial South American production limited exports into others.</p> <p style="font-weight: 400;">The US was the largest beef market for Australia, with exports increasing by 61% from July last year to reach 38,540 tonnes, accounting for 30% of the Australian export total. Exports to Japan and Korea also rose significantly, by 48% and 20% year-on-year to 26,297 tonnes and 20,331 tonnes respectively. The slowdown in US production has created demand for imported beef in the US, and Japan and Korea, where Australia and the US compete for imported market share.</p> <p style="font-weight: 400;">Exports to China eased 3% compared to July 2023, but increased by 23% from June this year, reaching 16,249 tonnes. Unlike the US, Japan and South Korea, Brazil is the main imported beef supplier to China is Brazil, with healthy slaughter numbers and consistently high exports throughout 2024.</p> <p style="font-weight: 400;">Lamb exports rose by 21% from July last year to 33,590 tonnes, marking the second-highest monthly total on record after the highs seen in May earlier this year. The US was the largest lamb market for the month, with exports totaling 7,943 tonnes, 31% higher than last year. The largest volume increases were in the broader Middle East and North Africa region, with total exports doubling from July 2023 to 9,142 tonnes.</p> <p style="font-weight: 400;">Mutton exports increased by 44% from July last year to 18,519 tonnes. China remained the largest market, though exports fell by 30% from last year to 3,769 tonnes. Instead, the increase went to a wide range of markets;</p> <ul style="font-weight: 400;"> <li>exports to Malaysia lifted 71% to 2,140 tonnes</li> <li>exports to Saudi Arabia rose 43% to 1,134 tonnes</li> <li>exports to the USA rose 31% to 1,071 tonnes</li> <li>exports to the UAE rose 161% to 1,038 tonnes.</li> </ul> <p style="font-weight: 400;">This diversification means that Australia&rsquo;s mutton export mix is now more varied than in the past. The top five markets for mutton in July accounted for 49% of exports, compared to 71% in 2023.</p>    Market adrian.lazar@industriacarnii.ro 2024-08-10 00:05:35  2025-08-06 18:25:37  Details Edit Delete
7634  AHDB: Opportunities for UK pork under the spotlight in the Philippines  Further opportunities for UK pork have been in the spotlight at the biggest trade show in the Philippines.  <p><span lang="DE">Six UK exporters joined&nbsp;us on the British Meat Pavilion at the World Food Expo (WOFEX) in Manila.</span></p> <p><span lang="DE">The four-day event provided the opportunity to meet with key importers and other stakeholders, build on existing business relationships and develop new opportunities in what is the UK's third-biggest export market for pork. UK shipments of pork to the Philippines in the first five months of 2024 were worth &pound;16.2 million &ndash; up 16% on the year.</span></p> <p><span lang="DE">AHDB also worked with the British Chamber of Commerce in the Philippines to host a business-to-business seminar attended by 50 importers and distributors.</span></p> <p><span lang="DE">It included a panel discussion with UK and Philippines government officials and AHDB&rsquo;s Head of International Trade Development Jonathan Eckley, exploring further opportunities and identifying the challenges in the country&rsquo;s meat market.</span></p> <p><span lang="DE">Jonathan Eckley, AHDB&rsquo;s Head of International Trade Development said:</span></p> <p><span lang="DE">"The Philippines is an important and growing market for UK pork exporters, underlined by the figures for the first five months of this year. As a key fixture in the international export calendar, WOFEX is the ideal platform for our exporters to showcase our world-class produce in-market and build on the strong foothold that we currently have there.</span></p> <p><span lang="DE">"The meat trade is all about people &ndash; engaging with contacts in-market and building and maintaining business connections. One of our key roles at AHDB is providing support for our exporters in doing this to help them maximise opportunities presented and to thrive on the global stage.</span></p> <p><span lang="DE">"We look forward to continuing working collaboratively with industry and government to develop these important business relationships and build on the UK pork sector's positive momentum in the Philippines".</span></p>    Retail adrian.lazar@industriacarnii.ro 2024-08-10 00:35:03  2025-08-06 20:22:37  Details Edit Delete
7635  France reports bluetongue disease outbreak near Belgian border  France has reported an outbreak of bluetongue disease last week on a farm near the Belgian border, Reuters reported, citing the World Organisation for Animal Health (WOAH).  <p><span lang="DE">Bluetongue, spread by insects, can be deadly for domestic ruminants such as sheep, cattle and goats. It has been circulating in the Netherlands, northern Belgium and western Germany since&nbsp;late last year.</span></p> <p><span lang="DE">The outbreak, which infected a sheep on a farm in the town of Marpent in the Haut-de-France region, was detected on July 30 and confirmed on Aug. 5, the WOAH said in a report based on information given by the French authorities.&nbsp;</span></p> <p><span lang="DE">France had been expecting the spread of the disease after several outbreaks were reported recently in southern Belgium.</span></p> <p><span lang="DE">The French farm ministry said last week it was implementing a regulated zone around the last Belgian outbreak and was starting a vaccination campaign on a voluntary basis to limit the impact of the disease.</span></p> <p><span lang="DE">It has purchased 600,000 doses to vaccinate sheep from Germany&rsquo;s Boehringer Ingelheim and 4 million vaccines from Spain&rsquo;s CZ Vaccines. These would be given free to farmers.</span></p>    Market adrian.lazar@industriacarnii.ro 2024-08-11 00:06:05  2025-08-06 15:22:41  Details Edit Delete
7636  ABPA: Chicken meat exports grew 7.3 percent in July  Brazilian chicken meat exports (considering all products, both fresh and processed) totaled 463.6 thousand tons in July. According to surveys by the Brazilian Animal Protein Association (ABPA), the number exceeds by 7.3% the total exported in the same period last year, when 432.1 thousand tons were exported.  <p><span lang="DE">Revenue generated by exports in July reached US$889.2 million, a balance 3.6% higher than that recorded in the same period last year, when US$858.7 million was obtained.</span></p> <p><span lang="DE">In the year to date (January to July), the exported volume reached 3,052 million tons shipped, a result 0.3% lower than that recorded in the same period of 2023, with 3,061 million tons. The accumulated revenue in the period reached US$5.525 billion, a performance 8.33% lower than the total recorded in the same period last year, with US$6.027 billion.</span></p> <p><span lang="DE">Summarizing the positive pace of exports, China imported 61 thousand tons in July, 20.1% higher than in the same period last year. In second place, Japan imported 47.3 thousand tons, 26% higher in the same comparative period. Completing the top 10 destinations are the United Arab Emirates, with 38.7 thousand tons (-16.6%), South Africa, with 28.1 thousand tons (+9.3%), Saudi Arabia, with 26.2 thousand tons (-19.3%), Mexico, with 25 thousand tons (+123.9%), the Philippines, with 20.7 thousand tons (+4.4%), the European Union, with 16.9 thousand tons (-5.6%), Iraq, with 15.3 thousand tons (+118.6%) and South Korea , with 14.2 thousand tons (-8.5%).</span></p> <p><span lang="DE">"The impressive performance of exports in July helped to reestablish the export levels recorded in 2023, when we compare the first seven months of each year. The rapid lifting of embargoes from most markets, in an effort led by the Ministry of Agriculture, is indicative of positive volumes for the coming months, in a scenario of heated international demand",highlights Ricardo Santin, president of ABPA.</span></p> <p><span lang="DE">Paran&aacute; remains the main exporting state, with 188.2 thousand tons in July (+5.1% compared to the same period last year), followed by Santa Catarina, with 103.2 thousand tons (+14.7%), Rio Grande do Sul, with 59.6 thousand tons (-6.6%), S&atilde;o Paulo, with 25.8 thousand tons (+12.3%) and Goi&aacute;s, with 21.9 thousand tons (+15.8%).</span></p> <p><span lang="DE">"The international scenario is positive for Brazilian chicken meat exports, especially in a context of significant reduction in volumes shipped by the USA, our main competitor, during this year of 2024", analyzes ABPA's market director, Lu&iacute;s Rua.</span></p>    Market adrian.lazar@industriacarnii.ro 2024-08-11 00:27:16  2025-08-06 21:29:48  Details Edit Delete
7637  Germany: Meat production increased by 1.3 percent in the first half of 2024  According to preliminary results, commercial slaughterhouses in Germany produced almost 3.4 million tons of meat in the first half of 2024.   <p style="font-weight: 400;">According to the Federal Statistical Office (Destatis), this was 1.3% more than in the same period last year. In total, 24 million pigs, cattle, sheep, goats and horses as well as 344.3 million chickens, turkeys and ducks were slaughtered in slaughterhouses in the first half of 2024.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p> <p style="font-weight: 400;"><strong>For the first time since 2016, pork production increased slightly in the first half of the year.</strong></p> <p style="font-weight: 400;">In the first six months of the year, farms in Germany slaughtered 21.9 million pigs. This represents a slight increase of 0.4% (78,100 animals) compared to the previous year.</p> <p style="font-weight: 400;">96.6% of these pigs (21.2 million) are of domestic origin. Here, too, there was an increase of 0.4% or 86,600 animals compared to the previous year. 734,000 pigs of foreign origin were slaughtered in the first half of the year. This corresponds to a decrease of 1.1% compared to the same period last year. The share of pigs of foreign origin in the total number of pigs slaughtered was 3.4% in the first half of 2024.</p> <p style="font-weight: 400;">The amount of pork produced in the first half of 2024 was 2.1 million tonnes, 1.1% (+22,400 tonnes) higher than the same period last year. For the first time since 2016, after a continuous decline in German slaughterings, there was a slight increase in pork production in the first half of the year. In the first half of 2016, however, 7.4 million more pigs were slaughtered and 2.8 million tonnes of pork were produced, 661,400 tonnes more than in 2024.&nbsp;</p> <p style="font-weight: 400;"><strong>Beef production 2.5% higher than in the same period last year</strong></p> <p style="font-weight: 400;">In total, farms in Germany slaughtered around 1.5 million cattle in the first half of 2024. Compared to the previous year, this represents an increase of 1.3% (+18,300 animals). The amount of beef produced rose by 2.5% to 496,600 tonnes (+12,000 tonnes) compared to the first half of 2023. The average slaughter weight of the cattle was just under 337 kilograms, around 4 kilograms higher than in the same period last year.&nbsp;</p> <p style="font-weight: 400;"><strong>Poultry meat production increased by 1.3%</strong></p> <p style="font-weight: 400;">In the first half of 2024, a total of 344.3 million animals of various poultry species were slaughtered in Germany. Although the number of animals slaughtered hardly increased, around 780,700 tonnes of poultry meat was produced in the first half of 2024, 1.3% more than in the same period last year (+9,700 tonnes).&nbsp;</p> <p style="font-weight: 400;"><strong>Pork has the largest share in production</strong></p> <p style="font-weight: 400;">Pork has had the largest share of commercial meat production in Germany for years. In the first half of 2024, 62.0% of the meat produced came from slaughtered pigs. This was followed by poultry meat with a share of 23.0% and beef with 14.6%. The meat of sheep, goats and horses only accounted for around 0.4% of total production.&nbsp;</p>    Market adrian.lazar@industriacarnii.ro 2024-08-12 00:08:29  2025-08-06 21:41:35  Details Edit Delete
7638  USMEF: Beef Export Value Climbs in June  June exports of U.S. beef reached the highest value in nearly two years, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF).  <p>Beef exports totaled 110,155 metric tons (mt) in June, down 4% from a year ago but the second largest of 2024. Export value reached $938.3 million, up 3% year-over-year and the highest since August 2022. Through the first half of the year, beef export value climbed 5% from a year ago to $5.22 billion, despite a 4% decline in volume (643,733 mt).</p> <p>"June beef exports performed very well in Japan, which was great to see given the significant headwinds U.S. beef has faced there this year", said USMEF President and CEO Dan Halstrom. "Export value also rebounded nicely in Korea and shipments to Taiwan and Canada were outstanding. This made for another strong month in terms of export value per head slaughtered, which was nearly $460 in June".</p> <p><strong>Japan, Taiwan, Canada lead strong June performance for beef export value</strong></p> <p>Despite a difficult economic climate, Japan has reclaimed its position as the largest volume destination for U.S. beef in 2024. June exports jumped 8% from a year ago to 22,308 mt, the largest since March 2023. Export value reached $181.5 million, up 9% and the highest since August 2022. Through the first half of the year, exports to Japan were still 2% below last year at 127,020 mt, but export value climbed 6% to $978.2 million.</p> <p>While U.S. beef maintains a strong retail presence in Japan, foodservice demand has benefited from a huge jump in tourism, as the record number of foreign visitors entering Japan this year is expected to approach 35 million. Japan&rsquo;s inventories of imported beef at the end of June were nearly 9% lower year-over-year, suggesting further import demand should be expected in the second half of 2024.</p> <p>June beef exports to Taiwan reached 7,318 mt, up just slightly from a year ago but the highest since April 2022 and the third largest on record. Export value increased 18% to $80.1 million &ndash; also the third highest on record. While first-half exports to Taiwan were still 9% below last year at 30,710 mt, export value edged 2% higher to $334.8 million.</p> <p>Beef exports to Canada posted impressive gains in June, with value reaching the highest level in 10 years at $116.5 million &ndash; up 29% from a year ago. June volume was up 17% to 11,854 &ndash; the highest in nearly nine years. Through the first half of the year, exports to Canada dipped slightly in volume (51,438 mt, down 1%) but climbed 12% in value to $469 million.</p> <p>Other January-June results for U.S. beef exports include:</p> <ul> <li>June exports to Korea totaled 19,378 mt, down 9% from a year ago. But export value rebounded to $190.4 million &ndash; up 2% from a year ago and a 13% increase from the previous month. Korea is the leading value destination for U.S. beef in 2024, with first-half export value increasing slightly from a year ago to $1.1 billion, despite a 13% decline in volume (116,338 mt).</li> <li>Although June beef exports to Mexico were below last year&rsquo;s volume (17,150 mt, down 5%), value still increased 1% to $98.8 million. The June slowdown was in variety meats, as muscle cut volume was still up 4% to 8,293 mt. Mexico&rsquo;s demand for U.S. beef soared in the first half of the year, with beef and beef variety meat volume climbing 13% to 113,473 mt, while export value jumped 19% to $662.8 million. U.S. beef&rsquo;s momentum in Mexico was fueled in part by a strong peso in the first half of the year, so the recent decline in buyers&rsquo; purchasing power and heightened economic uncertainty could impact the market in coming months. However, beef supplies remain tight in Mexico due to severe drought.</li> <li>Beef exports to the Middle East have rebounded impressively in 2024 and this trend continued in June with shipments reaching 4,270 mt, up 22% from a year ago. Export value increased 25% to $20.8 million. Led by larger variety meat exports to Egypt and stronger demand for muscle cuts in the United Arab Emirates, Kuwait, Qatar, Bahrain, and Oman, January-June exports to the region soared 31% in volume (28,195 mt) and 33% in value ($127 million) from a year ago.</li> <li>Led by strong demand in the Dominican Republic and a surge in shipments to Cuba, June beef exports to the Caribbean totaled 2,711 mt, up 35% from a year ago, while value climbed 19% to $22 million. First-half exports to the region, which were also bolstered by record variety meat shipments to Trinidad and Tobago and strong demand for variety meat in Jamaica, increased 28% from a year ago in volume (17,485 mt) and 14% in value ($143.8 million).</li> <li>Colombia&rsquo;s ban on imports of U.S. beef originating from states with cases of highly pathogenic avian influenza (HPAI) in dairy cows continues to take a toll on export volumes, with June exports plunging 77% from a year ago to just 91 mt. Exports to Colombia were strong in the first quarter but have been restricted since April, pushing first-half exports 22% below last year at 2,224 mt, while export value fell 13% to $13.4 million. Fortunately, Colombia is the only trading partner to impose HPAI-related restrictions on U.S. beef.</li> <li>Beef export value equated to $459.21 per head of fed slaughter in June, up 13% from a year ago. The January-June average was $418.37 per head, up 6% from the first half of 2023. Exports accounted for 15% of total June beef production and 12.8% for muscle cuts only, up from 14.3% and 12%, respectively, a year ago. The January-June ratios were 14.1% of total production (down from 14.4% a year ago) and 11.8% for muscle cuts (down from 12.2%).</li> </ul>    Retail adrian.lazar@industriacarnii.ro 2024-08-12 00:39:45  2025-08-06 12:06:27  Details Edit Delete
7639  Beyond Meat beats revenue estimates on gains from price hikes  Beyond Meat beat estimates for second-quarter revenue and raised the lower end of its sales forecast for the year, as it benefited from a string of price increases on its plant-based faux meat burger patties and sausages, reported Reuters.   <p><span lang="DE">The company&rsquo;s move to raise prices and cut costs last year also helped boost quarterly margins, which surged to 14.7% from 2.2% a year earlier.</span></p> <p><span lang="DE">&ldquo;We expect US pricing actions to provide a tailwind toward net revenues per pound in both channels through the balance of the year,&rdquo; CEO Ethan Brown said on a post-earnings call.</span></p> <p><span lang="DE">Easing expenses related to manufacturing and logistics helped the company offset the impact of higher raw material costs.</span></p> <p><span lang="DE">Beyond Meat saw a moderate drop in its domestic retail and food-service businesses as a sequential rise in marketing and promotional activities helped attract customers who had switched to lower-priced animal proteins.</span></p> <p><span lang="DE">The company saw a 6.1% increase in quarterly net revenue per pound helped by lower trade discounts as well as prices of some products in US retail and food-service channels.</span></p> <p><span lang="DE">In its domestic retail channel, the company reported an increase of 20.5% in net revenue per pound, compared with a 6.3% decline a year earlier.</span></p> <p><span lang="DE">"Its Q2 earnings show a glimpse of what is likely to be Beyond Meat&rsquo;s near to medium future: a gradual decline in sales losses with a path towards profitability", eMarketer analyst Blake Droesch said.</span></p> <p><span lang="DE">The company&rsquo;s quarterly volumes were down 14% after falling 23.9% a year earlier.</span></p> <p><span lang="DE">Net revenue declined 8.8% to $93.2 million from a year earlier. Analysts had expected revenue of $87.8 million, according to LSEG data.</span></p> <p><span lang="DE">For fiscal 2024, it expects net revenue in the range of $320 million to $340 million, compared with its prior forecast of $315 million to $345 million.</span></p>    Industry adrian.lazar@industriacarnii.ro 2024-08-13 00:05:59  2025-08-06 21:21:49  Details Edit Delete
7640  Japan makes another visit to livestock farms in Argentine  Thanks to an invitation issued by Senasa (National Service for Food Health and Quality), a group of specialists from the Japanese government visited a cattle farm located in the Luján area, in an approach that could lead to an opening of that highly valued market for Argentine beef from the foot-and-mouth disease-free zone with vaccination, in what would be a historic milestone for Argentine livestock.  <p><span lang="DE">The official visit continued on Friday at the facilities of one of the leading export meat packing plants, Gorina, near La Plata.</span></p> <p><span lang="DE">The idea of this tour of legislators and officials from Japan is to begin to walk the path towards a possible opening of that market. Japan is a large importer of beef, especially from Australia and the United States. But so far it only accepts beef from countries that do not vaccinate against foot-and-mouth disease or from regions that do not do so either. In the case of Argentine, only the Fridevi meat packing plant in R&iacute;o Negro, which is located in Patagonia, an area free of foot-and-mouth disease without vaccination, is authorized to export to that country (and in fact sent a shipment in 2018). But there is little cattle available there to continue business.</span></p> <p><span lang="DE">Some time ago, Uruguay paved the way for Japan to start accepting beef from countries that do vaccinate. And that is the path that Argentine now intends to follow, in order to be able to export beef from the north of the country, where the sanitary campaign against foot-and-mouth disease continues. This was what Senasa had been asking the Japanese government, which has now decided on this approach.</span></p> <p><span lang="DE">"Today we received a delegation of technicians and important state officials from Japan in Tres Cruces on a visit organized by Senasa and the Japanese Embassy. They wanted to learn about a full-cycle livestock company with added value through genetic improvement, to understand first-hand how we produce Argentine meat, with the aim of expanding current protocols and increasing current imports. Come on, we can do it!". That was the message shared on social media by the Tres Cruces ranch, which has specialized in the Brangus breed in Luj&aacute;n since the 1980s.</span></p> <p><span lang="DE">Last June, Japanese officials had already visited the Gorina meat processing plant, and in July, the former Secretary of Agriculture, Fernando Vilella, traveled to that country and was received by Yoshimasa Hayashi, Chief of Staff of the Government of Japan. At that meeting, Argentine highlighted the priority interest in having sanitary authorization to export Argentine beef from all over the national territory.</span></p>    Industry adrian.lazar@industriacarnii.ro 2024-08-13 00:10:26  2025-08-05 15:39:35  Details Edit Delete
7641  Brazil - Beef exports hit new record in volume exported in July  Brazil has set a new record for beef exports. In July, 267,668 tons were exported, including the categories fresh, offal, processed and fat. Revenue for the month reached US$ 1.146 billion, placing the result among the 10 largest monthly revenues in the history of Brazilian exports. Compared to the previous month, there was a 21.6% increase in the volume exported, compared to 220,183 tons exported in June, while revenue grew by 20.3%, compared to US$ 952 million in the previous month.  <p><span lang="DE">According to the Brazilian Association of Meat Exporting Industries (Abiec), the data released by the Ministry of Development, Industry, Commerce and Services, last week are justified by the greater volume shipped to China, with 123,400 tons and revenue of US$ 537.68 million.</span></p> <p><span lang="DE">Compared to the previous month, exports in July grew to the United Arab Emirates (11,145 tons, an increase of 18.6% in the period), the Philippines (12,462 tons, an increase of 49.3%), Russia (11,259 tons and an increase of 67.5%), Hong Kong (11,453 tons and an increase of 23.5%). Indonesia also deserves to be highlighted, as the destination for around 2 thousand tons of Brazilian beef in July, the largest volume since August 2022.</span></p> <p><span lang="DE">According to the president of Abiec, the robust work to promote Brazilian meat, undertaken through a partnership between the public and private sectors, is highly relevant to the results. &ldquo;Volumes grew thanks to the sector&rsquo;s efforts to seek opportunities in already open markets and adjustments to the product mix, but the exchange rate favorable to exports also contributed,&rdquo; says Antonio Jorge Camardelli. He highlights the performance in the Chinese market. &ldquo;Since September 2023, the Asian country has not bought so much meat from Brazil,&rdquo; he says.</span></p> <p><span lang="DE">From January to July 2024, Brazilian beef exports totaled 1.56 million tons, with revenue of US$ 6.8 billion. China has accumulated purchases of 689 thousand tons in 2024, equivalent to US$ 3 billion, a growth of 13.7% in volume, and stable revenue, compared to the same period in 2023.</span></p> <p><span lang="DE">The United Arab Emirates remains the second largest buyer of beef, being the destination for meat that will be consumed in its own market, or to other countries such as Iran, for example. Shipments to this market total 106 thousand tons, between January and July 2024, and US$ 484 million, growth of 213% and 218%, respectively.</span></p> <p><span lang="DE">Exports to the United States grew 30% in volume, reaching 102 thousand tons, with a 28% increase in revenue, reaching US$ 614 million, between&nbsp;<em>fresh</em>&nbsp;and processed meat.</span></p> <p><span lang="DE">Brazilian beef exports in the first seven months of 2024 also grew to Jordan, reaching 12,172 tons and US$ 47.3 million, compared to 5,633 tons and US$ 26.3 million in 2023. Lebanon also stood out, with an increase of 105% in volume and 88% in revenue, registering, respectively, 11,567 tons and US$ 54.4 million.</span></p> <p><span lang="DE">"If the same performance is recorded by the end of the year, Brazil could surpass historical records, both in volume and revenue by the end of 2024", concludes Camardelli.</span></p>    Market adrian.lazar@industriacarnii.ro 2024-08-13 00:15:38  2025-08-06 09:37:23  Details Edit Delete
7642  USMEF: Pork trends lower in June  June pork exports were lower year-over-year, shipments through the first half of the year remained ahead of the record value pace of 2023, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF).  <p>June pork exports totaled 224,392 mt, down 9% from a year ago and the lowest since September, while export value fell 5% to $659.7 million. However, January-June volume still reached 1.52 million mt, 3% above the first half of 2023, while export value increased 5% to $4.26 billion.</p> <p>"June was a slower month in a few of our key destinations for U.S. pork, including Mexico and Colombia, where exports have been on a blistering pace and buying accelerated again in July", said USMEF President and CEO Dan Halstrom. "But June was another terrific month for U.S. pork in Korea, where exports could be record-large this year. Shipments also trended higher year-over-year to Central America and Canada, and it was encouraging to see export value per head slaughtered hold firm in the $66 range".</p> <p><strong>June pork exports lower, but bright spots include Korea, Central America, Caribbean</strong></p> <p>Pork exports to leading market Mexico cooled modestly in June, with volume down 3% from a year ago to 83,007 mt. But export value still edged higher, increasing 4% to $187.4 million. January-June exports to Mexico remained well ahead of last year&rsquo;s record pace, up 6% in volume (563,200 mt) and jumping 13% in value to $1.2 billion. Mexico&rsquo;s domestic hog price surged last month, and weekly export data suggest U.S. pork exports to Mexico also accelerated in July.</p> <p>Mexico suspended imports of all Brazilian poultry in mid-July following a finding of Newcastle virus, which contributed to high poultry and turkey prices in the market. In early August, Mexico resumed imports of Brazilian poultry from all states except Rio Grande do Sul. &nbsp;</p> <p>Korea&rsquo;s demand for U.S. pork remained very robust in June, with exports climbing 20% from a year ago to 17,327 mt, while export value increased 30% to $64.2 million. January-June exports to Korea soared 33% above last year&rsquo;s pace at 135,419 mt, while value was 38% higher at $459.6 million (by comparison, when pork export value to Korea peaked in 2018, the first-half value total was $386.5 million). The U.S. industry has capitalized on higher pork consumption in Korea but is also capturing larger market share. U.S. share of Korea&rsquo;s imported pork market climbed from 26% in the first half of 2022 to 38% this year.</p> <p>Fueled by gains in Honduras and Costa Rica and a steady performance in Guatemala, June pork exports to Central America totaled 10,371 mt, up 2% from a year ago. But export value increased impressively, climbing 14% to $34.3 million. Through the first half of the year, exports to the region increased 21% from a year ago to 74,532 mt, while value soared 31% to $231.1 million. First-half exports increased year-over-year to all Central American markets and shipments to Honduras, Guatemala, Costa Rica, El Salvador and Nicaragua were on a record pace. &nbsp;</p> <p>Other January-June results for U.S. pork exports include:</p> <ul> <li>June pork exports to the Caribbean increased 14% from a year ago to 8,408 mt, while value climbed 19% to $25.8 million. Despite heightened competition from Brazilian pork, June exports to the Dominican Republic increased 11% from a year ago to 6,280 mt, valued at $18.4 million (up 17%), while exports to Cuba nearly quadrupled to 824 mt. Through June, exports to the Caribbean were 3% below last year&rsquo;s record pace at 63,691 mt, with value steady at $183.4 million.&nbsp;</li> <li>Following several months of strong gains, pork exports to Colombia took a step back in June, falling 17% from a year ago to 7,612 mt, while value dropped 7% to $22.2 million. But shipments to Colombia remained on a record pace through June, climbing 33% year-over-year in volume (56,927 mt) and jumping 44% in value ($157.5 million). Weekly export data also indicate shipments rebounded in July, after slowing in part due to market access uncertainty related to storage condition labeling.</li> <li>Pork exports to Canada reached 17,226 mt in June, up 3% from a year ago, while value increased 9% to $72.7 million. This pushed first-half export volume even with last year at 102,702 mt, while value increased slightly to $410.4 million.</li> <li>Malaysia continues to emerge as a promising destination for U.S. pork, with June exports up 24% from a year ago to 576 mt, valued at $1.8 million (up 18%). January-June exports to Malaysia increased 50% to a record 4,065 mt, while value climbed 43% to $12.6 million. The U.S. industry received good news last month when an additional U.S. pork plant was approved for export to Malaysia without the need for an on-site audit, which could clear the way for an increased U.S. presence in the market.</li> <li>With the persistently weak yen making Japan a more price-sensitive market, pork exports to Japan took a step back in June. Shipments fell 12% from a year ago to 28,498 mt, while value was down 10% to $118.7 million. January-June exports to Japan were down modestly from a year ago, falling 3% in volume (181,550 mt) and 2% in value ($737 million). The Bank of Japan&rsquo;s recent interest rate increase and signals of a possible U.S. rate cut in coming weeks provided some positive movement for the yen, which has strengthened from 160 per U.S. dollar in mid-July to around 145 this week. Inventories of imported pork at the end of June were down 14% from last year, signaling the potential for larger imports in the second half of the year.</li> <li>Pork export value equated to $66.53 per head slaughtered in June, up slightly from a year ago. The January-June average was $66.54 per head, up 4% from the first half of 2023. Exports accounted for 29.4% of total June pork production and 25.4% for muscle cuts only, down from the very high year-ago ratios of 31% and 26.6%, respectively. For January through June, exports accounted for 30.5% of total production (up from 29.9% a year ago) and 26.3% for muscle cuts (up from 25.6%).</li> </ul>    Market adrian.lazar@industriacarnii.ro 2024-08-13 00:20:13  2025-08-06 16:29:47  Details Edit Delete
7643  New partnership launched to broaden availability of US pork in Chile  Industry efforts to grow the presence of U.S. pork in Chile took a step forward this summer with the launch of a partnership between U.S. pork producer Wholestone Prestage and U.S. supplier Andes Global. USMEF hosted a launch event in Santiago to announce the partnership and introduce new U.S. pork cuts to retailers and distributor clients of Andes Global.  <p><span lang="DE">In preparation for the launch, USMEF worked with Andes Global to identify U.S. pork cuts with demand potential in Chile. Seven cuts were selected and then shipped to Santiago for the event, which attracted 23 attendees from 11 Chilean retailers and distributors. Representatives from USDA&rsquo;s Foreign Agricultural Service also attended to support the new partnership.</span></p> <p><span lang="DE">&ldquo;Few cultural dishes in Chile include pork, which presents a challenge to grow demand for a wider range of U.S. pork cuts here,&rdquo; says USMEF South America Representative Jessica Julca. "Imports of U.S. pork ribs grew last year though, as grilling gains popularity in the region. There is an opportunity to grow demand for ribs and develop new demand for other U.S. pork cuts in Chile. Overall, our goal is to increase the range of U.S. pork cuts that are available in Chile&rsquo;s retail and foodservice sectors".</span></p> <p><span lang="DE">Katie Sinclair, Wholestone Prestage VP of export sales and marketing, discussed U.S. pork production and introduced new retail packaging and merchandising ideas for the Chilean market.</span></p> <p><span lang="DE">Andes Global&rsquo;s Jose Gomez, sales manager for Latin America and the Caribbean, discussed the new partnership and the potential for new U.S. pork cuts in Chile.</span></p> <p><span lang="DE">At the launch event, Julca highlighted the consistent quality of U.S. pork, emphasizing that its superior taste and tenderness is a result of sustainable production practices and feeding programs utilizing high-quality U.S. soybeans.</span></p> <p><span lang="DE">Julca also promoted the benefits of Wholestone Prestage&rsquo;s participation in the U.S. pork industry&rsquo;s Pork Quality Assurance Plus program, which makes its product eligible for export to Chile under USDA&rsquo;s Pork Quality Plus Export Verification program in place of testing or freezing parameters for trichinae mitigation. Chile, Argentina, Barbados and Peru are countries that accept such verification under the PQA Plus export verification program.</span></p>    Retail adrian.lazar@industriacarnii.ro 2024-08-12 00:45:54  2025-08-06 05:10:03  Details Edit Delete
7644  Niels Duedahl will be the new Group CEO of Danish Crown  Danish Crown's board of directors has appointed Niels Duedahl as new Group CEO. With top positions in, among others, Norlys, LEGO and TDC, it is an experienced top manager in Danish business life who will be tasked with leading Danish Crown through a comprehensive transformation.  <p><span lang="DE">The task is ready for Danish Crown's next Group CEO, the business must be transformed and competitiveness improved. Therefore, Danish Crown's board of directors has had a special focus on finding a management profile with solid experience in transformation and change management &ndash; something that largely characterizes Danish Crown's future Group CEO, Niels Duedahl. </span>&nbsp;</p> <p><span lang="EN-GB">"</span><span lang="DE">We are facing a new strategy period and are at the same time in the beginning phase of a significant transformation of Danish Crown's business, which must be carried out with precision and high cadence. As CEO, Niels has taken big and brave decisions, and he is a visionary, even against the wind. He is also a value-driven leader who is very aware of the importance of culture in a company undergoing change. We are extremely happy that Niels has agreed to the task, and we look forward to having him on board", says chairman of the board of Danish Crown, Asger Krogsgaard. </span>&nbsp;</p> <p><span lang="DE">Since 2009, Niels Duedahl as CEO has transformed the electricity company SE into the energy company Norlys, which today is the market leader in energy and telecommunications deliveries in a low-margin market. In the period 2002 to 2009, he was employed in various director positions in the LEGO Group. First as technical development director, later as global purchasing director and finally as global production director. Before that, the first years of his career unfolded with employment in the TDC group and in both Nordea and Jyske Bank's finance departments. </span>&nbsp;</p> <p><span lang="DE">Niels Duedahl, who has a master's degree in political science, was named leader of the year in 2013, and he is known for his value-based approach to management and transformation. </span>&nbsp;</p> <p><span lang="DE">"A few times in life you get an opportunity that is so exciting that you simply cannot say no. Danish Crown is undergoing a thorough transformation, which I feel well equipped to lead. Throughout my professional life, I have been in the middle of very extensive and radical transformation processes, and I am concerned with how to create the management foundation to accelerate the necessary changes,&lsquo;&lsquo; says Niels Duedahl. He continues: </span>&nbsp;</p> <p><span lang="DE">"Danish Crown is a fantastic company that I believe has untapped potential. I am highly motivated to ensure the unit owners a competitive settlement, just as I am passionate about creating a workplace and culture where the best talents want to work". </span>&nbsp;</p> <p><span lang="DE">Niels Duedahl takes over as Group CEO of Danish Crown on 2 September 2024. He replaces Jais Valeur, who, as previously announced, has chosen to step down as Group CEO of Danish Crown as soon as a replacement is in place. Jais Valeur will therefore have his last working day as Group CEO on 30 August 2024. </span>&nbsp;</p> <p><span lang="DE">"Jais has made a huge effort for Danish Crown. Under his leadership, there has been significant development, professionalization and internationalization of the group. It also says everything about Jais' sense of dedication to Danish Crown that he agreed to stay to ensure an uninterrupted management focus in the organization until we had a replacement ready. There must be a big thank you to Jais from here", says Asger Krogsgaard. He continues:  </span>&nbsp;</p> <p><span lang="DE">"At the same time, it is fantastic that Niels Duedahl can start the job already three months after we announced Jais Valeur's desire to quit. This means that he can help drive the strategy process we set in motion before the summer holidays, and at the same time get the opportunity to leave his mark on Danish Crown's direction going forward", concludes Asger Krogsgaard. </span>&nbsp;</p>    Market adrian.lazar@industriacarnii.ro 2024-08-12 00:53:46  2025-08-06 11:36:27  Details Edit Delete
7645  Australia: Restocker lamb prices surge by 105 percent  The lamb market has experienced a meteoric price rise over the past month, nearing 900¢/kg carcase weight (cwt), according to Meat & Livestock Australia (MLA). This upward trend is driven by the export market, particularly due to a protein deficit in the US. Examining the price per head provides insight into the value received for each individual animal.  <p><span lang="DE">Year-to-date, the Heavy Lamb and Trade Lamb Indicators have risen by 66% and 69%, respectively. The most substantial increase occurred in the Restocker Lamb Indicator, which surged by 105%. Despite increased sheep numbers and record production levels, prices continue to rise in 2024.&nbsp;&nbsp;</span></p> <p><span lang="DE">As of 11 August, the Trade Lamb Indicator price was 806&cent;/kg cwt, while the Heavy Lamb Indicator was slightly higher at 820&cent;/kg cwt. This indicates that the cost per kilogram for trade lamb is lower compared to heavy lamb. On a per head basis, heavy lambs are $47 more expensive than trade lambs, reflecting the weight difference between the two categories.</span></p> <p><span lang="DE">Following typical seasonal trends, both heavy and trade lamb prices have continued to rise. Heavier lambs are expected to receive a premium compared to lighter lambs, despite the higher underlying cost for heavier lambs.</span></p>    Market adrian.lazar@industriacarnii.ro 2024-08-14 00:05:13  2025-08-06 20:55:43  Details Edit Delete
7646  Managers from Sam’s Clubs in China study Korea’s retail market  As part of USMEF’s training program for Sam’s Club, a team of purchasing managers traveled to Korea to study merchandising, packaging for U.S. red meat.  <p><span lang="DE">USMEF is working closely with Sam&rsquo;s Club to help the retailer grow its profitability with U.S. red meat. Already the largest retailer in China for chilled U.S. beef with 48 outlets, Sam&rsquo;s Club plans to open six or seven new outlets per year.</span></p> <p><span lang="DE">"We conduct training programs for Sam&rsquo;s Club personnel that focus on the handling, packaging, merchandising and promotion of chilled and frozen U.S. product", says China Director Polly Zhao. "Seeing is understanding, so we brought purchasing managers from Sam&rsquo;s Club outlets in China to Korea. This allowed them to see new applications and the innovative ways that Korean retailers are marketing and selling U.S. beef and pork".</span></p> <p><span lang="DE">The Sam&rsquo;s Club team visited the USMEF booth at the Seoul Food trade show to meet U.S. suppliers and Korean importers, and review merchandising ideas for U.S. red meat.</span></p> <p><span lang="DE">USMEF kicked off the team&rsquo;s two-day visit with a market briefing in USMEF&rsquo;s Korea office. Vice President of Asia Pacific Jihae Yang, Korea Director Junil Park and Senior Marketing Manager Alex Choi explained the distribution and retail structure of the Korean market. They also pointed out similarities with the Chinese market, as well as highlighting key differences. The USMEF team also discussed innovations in the home meal replacement (HMR) category and how U.S. pork and beef are utilized in these products.</span></p> <p><span lang="DE">USMEF then escorted the team on a tour of four retail outlets to demonstrate packaging and merchandising techniques for U.S. beef and pork and their inclusion in HMR products. At each retail outlet, Yang led discussions with department managers about product development, trends in HMR products and promotional tools for U.S. beef and pork.</span></p> <p><span lang="DE">USMEF also took the team to Seoul Food, one of Asia&rsquo;s largest food trade shows.&nbsp; At USMEF&rsquo;s booth, Yang introduced additional merchandising ideas for beef, pork and HMR products. USMEF also led the team to an exhibition hall at the show to explore packaging and processing machinery for HMR products.</span></p> <p><span lang="DE">"The team was very interested in the chilled beef supply chain and shelf-life management in Korea,&rdquo; said Zhao. &ldquo;The team agreed that packaging in Korea is more advanced than in China and asked many questions about packaging materials and processes".</span></p>    Retail adrian.lazar@industriacarnii.ro 2024-08-14 00:10:49  2025-08-06 10:00:35  Details Edit Delete
7647  Argentine introduces a reduction in the tax on meat exports  Last week, the Argentine government published decree 697/24, which reduced export duties on dairy products, beef and pork products to 0%, and reduced withholdings on other meats by 25%.  <p><span lang="DE">These measures, which had been announced 10 days ago by President Javier Milei at the traditional Palermo Exhibition, came into force, with their publication in the Official Gazette.</span></p> <p><span lang="DE">According to official information, the fiscal cost of this change in export taxes amounts to US$ 130 million annually, taking 2023 as a reference. Most of this value corresponds to cattle, which are the products that are most exported in volume and value. From being taxed at 9%, now approximately half (cows) will not pay withholdings and the other half will pay 6.75%.</span></p> <p><span lang="DE">In general terms, the tariff reduction, as well as the simplification of bureaucratic procedures and other deregulations carried out during the current government administration, were well received by the agricultural sector in general and the meat chains in particular, who considered that the path was the right one, although not sufficient.</span></p> <p><span lang="DE">Within the bovine chain, the most enthusiastic were the producers, who hope that the value of the animals will improve, while there is more caution among the slaughterhouses. The fact is that the exporters are going through a difficult time, due to the difficulties in the external markets, an even weaker internal market and an exchange rate gap that is around 35%, and they see that the enthusiasm of the cattlemen will tend to further strengthen the price of the animals.</span></p> <p><span lang="DE">Furthermore, it is not clear how the withholdings will be calculated, since the tariff items do not discriminate based on the sex of the animals, so sub-items or some other mechanism would have to be created.</span></p>    Market adrian.lazar@industriacarnii.ro 2024-08-14 00:15:40  2025-08-06 10:58:03  Details Edit Delete
7648  FriGol has net revenue of R$786.9 million in the second quarter  The company increased production and diversified export destinations during the period, making its first shipment to Canada and obtaining authorization for the Philippines.  <p><span lang="DE">FriGol, one of the largest and most traditional beef processors in Brazil, ended the second quarter with net revenue of R$786.9 million, 4.4% higher than in the same period in 2023. EBITDA (earnings before interest, taxes, depreciation, and amortization) was R$46.1 million, up 58.7% quarter-on-quarter. Net income in the period was R$1.7 million, an improvement compared to the first quarter of this year, when the company had a loss of R$5.1 million. However, there was a decrease compared to the second quarter of 2023, when net income was R$24.1 million, as a result of the non-cash exchange rate variation in the quarter.</span></p> <p><span lang="DE">"Our operating results, read EBITDA, in the second quarter of 2024 were 58.7% better than in the second quarter of 2023. In the first half of the year, the improvement is even more pronounced, or 158.2% higher. All of this is due to our strategy of increasing production, diluting costs, focusing on more profitable markets and more strategic customers", explains Eduardo Miron, CEO of FriGol.</span></p> <p><span lang="DE">In the second quarter of the year, the company slaughtered around 169 thousand cattle, an increase of 23.4% compared to the second quarter of 2023, reflecting the investments made to increase production in its three units last year.</span></p> <p><span lang="DE">Sales volume increased by 16.6% quarter-on-quarter, with the largest share coming from the domestic market, which proved to be more attractive with better margins. Thus, sales grew by 19.0%, with a significant increase in value-added products in the BBQ Secrets, Chef, Angus and A&ccedil;ougue Completo lines standing out.</span></p> <p><span lang="DE">In the foreign market, sales grew 11.5% year-on-year. To Israel, the company's second largest market, growth was 143.2%. As a result, FriGol had a 15.9% market share in exports from Brazil to Israel, an increase of 5.1 percentage points in the quarterly comparison. The volume exported to China fell 1.8%. And, in line with the destination diversification strategy, exports to other countries increased 103.4% in volume.</span></p> <p><span lang="DE">In May, all FriGol units were authorized to export to the Philippines, which joins Indonesia and Singapore in the Association of Southeast Asian Nations (ASEAN) bloc of countries, where the company already exports and considers a promising market. Also in the second quarter, the company made its first shipment to Canada, its first destination in North America.</span></p> <p><span lang="DE">The drop in net income in the annual comparison (R$1.7 million in the second quarter of 2024 against R$24.1 million in the second quarter of 2023) was largely the result of the non-cash exchange rate variation in the semester of R$24.5 million.</span></p> <p><span lang="DE">FriGol ended June with R$303.9 million in cash, up 3.9% year-over-year. Leverage improved materially to 1.3x net debt/EBITDA versus 2.4x in Q2 2023 and 1.6x in Q1 2024.</span></p> <p><span lang="DE">"These are extremely healthy results, reflecting our focus on financial discipline and efforts in working capital management. This year, we are working on new issuances as part of our ongoing process of liability management, including operations supported by our sustainability actions", says Eduardo Masson, CFO of FriGol.</span></p> <p><span lang="DE">In the semester, FriGol accumulated net revenue of R$1.6 billion, an increase of 10.8% compared to the R$1.4 billion recorded in the first semester of 2023. EBITDA in the period was R$68.2 million, 158.2% higher in the same comparison, with a margin of 4.2%.</span></p> <p><span lang="DE">In the last 12 months, net revenue was R$3.2 billion and accumulated EBITDA was R$188.6 million, with a margin of 5.8%.</span></p>    Market adrian.lazar@industriacarnii.ro 2024-08-14 00:20:59  2025-08-06 05:37:44  Details Edit Delete
7649  Rasmus Gramkow Pedersen elected to Danish Crown's board of directors  Danish Crown's management gathered this week to find their new board member. The choice fell on 37-year-old Rasmus Gramkow Pedersen, who joins the board with a sharp focus on operations.  <p><span lang="DE">The North Jutland representative board members elected Rasmus Gramkow Pedersen as their new member of Danish Crown's board this week. He thus takes over the constituency mandate from Thomas Kj&aelig;r, who resigned from the board on Friday. For Rasmus Gramkow Pedersen, it was not a difficult choice when he was invited to stand for the constituency.</span></p> <p><span lang="DE">"We are so deeply dependent on a well-functioning Danish Crown. It is a large part of the basis of existence for us pig producers, and then we must also make an effort, if we can and want to, so that we influence what we can in the right direction", says Rasmus Gramkow Pedersen and continues:</span></p> <p><span lang="DE">"My focus point is that we are losing ground and lack competitiveness. We must look at the operation and find the holes that need to be patched, so that we can get back on track and gain credibility with the owners who believe in Danish Crown".</span></p>    Market adrian.lazar@industriacarnii.ro 2024-08-14 00:30:35  2025-08-06 06:34:31  Details Edit Delete
7650  Mexico promotes technology for the treatment of waste from pig farms  The Ministry of Agriculture and Rural Development reported that this project is being developed by INIFAP researchers at its Centro Altos de Jalisco Experimental Field.  <p style="font-weight: 400;">Biodigesters function as energy savers and represent a solution to mitigate the impacts on the environment in rural areas with livestock activity, where they reduce the polluting potential of organic waste.</p> <p style="font-weight: 400;">The Ministry of Agriculture and Rural Development is promoting the installation of biodigesters for the management and treatment of pig waste, seeking to reverse the environmental damage caused to ecosystems.</p> <p style="font-weight: 400;">Agriculture, through the National Institute of Forestry, Agricultural and Livestock Research (INIFAP), is executing the project &ldquo;Characterization and use of by-products derived from a biodigester, based on pig waste&rdquo;, developed by its researchers at the Centro Altos de Jalisco Experimental Field of the Institute, who were in charge of validating this technology in 2021.</p> <p style="font-weight: 400;">The discharges of solid and liquid animal waste are a dilemma facing the pig farming sector due to the lack of training for producers, insufficient resources and a low level of environmental awareness, said the Ministry of Agriculture.</p> <p style="font-weight: 400;">In Mexico, he said, biodigesters have been used on pig farms for biogas production and in the last decade it has been a method for treating wastewater.</p> <p style="font-weight: 400;">However, he explained, the adoption of this technology is still low and is usually used mainly in medium and high density production systems.</p> <p style="font-weight: 400;">For this reason, INIFAP promotes these systems as energy savers and a solution to mitigate the impact on the environment in rural areas with livestock activity, where they reduce the polluting potential of organic waste (animal manure), he said.</p> <p style="font-weight: 400;">He pointed out that the physical-chemical composition of the effluents from pig farms is variable, so the system generates a final discharge that complies with the limits permitted for use as irrigation water and discharge into rivers and natural or artificial reservoirs.</p> <p style="font-weight: 400;">The technology can also be adapted to pig farms in the states of Jalisco, Sonora, Guanajuato, Michoacan, Queretaro, Yucatan, Veracruz and Puebla, which account for approximately 85 percent of national production, he said.</p> <p style="font-weight: 400;">The Ministry of Agriculture explained that the project consists of an anaerobic biodigester and a lagoon system for the removal of organic matter, nitrogen and phosphorus from the waste generated in pig farms.</p> <p style="font-weight: 400;">He explained that the biodigester is built of high-density geomembrane and its effluent is transferred to four interconnected treatment lagoons, which are designed to reduce the concentration of solids in the mixture with a residence period of approximately 25 to 30 days.</p> <p style="font-weight: 400;">For its installation, the type of farm, the location, the capacity of the facilities and the drainage and channel network are taken into consideration, with minimum slopes to channel the liquid waste into pits or sumps to continue with the treatment.</p>    Technology adrian.lazar@industriacarnii.ro 2024-08-15 00:05:45  2025-08-06 20:48:54  Details Edit Delete
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