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July 16, 2019

IFA calls on factories to ‘stabilise sheep trade’

Irish meat factories have been called on to “stop the lamb price cuts and stabilise the market at a time when farmers are weaning lambs and finding they are coming in quicker than usual”. The Irish Farmers’ Association’s (IFA’s) national sheep chairman, Sean Dennehy, said with some factories dropping prices below €5.00/kg, “sheep farming is […]

July 10, 2019

Beyond Meat’s rising share price shows promise for the alternative food sector

Beyond Meat’s blockbuster debut on the Nasdaq on 2 May this year marked a big turning point for the burgeoning alternative food sector. The company’s share price is trading up more than 130% from its first day close of $65.75, making it this year’s best-performing IPO in the US so far read more – cmcmarkets

The Food Standard Agency (FSA) attempts to close Norfolk abattoir firm

Regulators are hoping to close the firm behind an abattoir which was investigated over the killing of horses. The Food Standard Agency (FSA) has presented a petition to wind up Norfolk Meat Traders Ltd under the Insolvency Act. The future of the firm, which is based at Manor Farm Abattoir, The Moor, Banham, could now be […]

June 24, 2019

Vietnam culls 2.5 million pigs to halt African swine fever outbreak

Vietnam has culled more than 2.5 million pigs to contain the spread of an African swine fever outbreak that is in danger of infecting every province of the country, an agriculture ministry official said on Tuesday. The virus, which is deadly to pigs, was first detected in Vietnam in February and has spread to farms […]

Meat-loving Brazil joins the search for plant-based alternatives

Beef-crazy Brazil, with its all-you-can-eat steak houses, world-leading meat packers and more cattle than people, is not the first place you might look for plant-based alternatives to meat. But companies from JBS SA, the largest beef producer in the world, to BRF SA, the No.1 chicken exporter, are looking to tap a wave of interest […]

June 20, 2019

EU beef fund draft regulation sent to member states

As Irish beef farmers await clarity from the European Commission on the more questionable conditionality aspects of the €100 million beef fund, here’s a full copy of the draft regulation that has been circulated to all member states. The commission has invited member states to give an opinion on the draft regulation – aimed at providing […]

June 19, 2019

Scottish beef farmers up in arms at low prices

Scottish beef producers were up in arms as deadweight prices saw a substantial drop on the back of Brexit fueled uncertainty and oversupply. Farmers have been struggling to book cattle into abattoirs, with liveweight markets also feeling the pressure. Another factor has come into play with Irish farmers potentially benefitting from a €100 million EU […]

China opens beef market to offer export hope to Wales

A UK-China deal which opens up beef markets for Welsh farmers for the first time in 23 years has been welcomed as an “exciting” opportunity. It comes ahead of a two-day visit to Wales by Chinese vice premier Hu Chunhua. China accounts for 2.2% of all Welsh exports but experts believe there is a potential […]

June 17, 2019

Brazil Lifts Ban On Beef Exports To China

China has lifted its temporary ban on Brazilian beef imports after a 10-day suspension in trade due to the discovery of an atypical case of Bovine Spongiform Encephalopathy (BSE). Brazil’s Ministry of Agriculture, Livestock and Food Supply announced the BSE-infected cow had been discovered on May 31, and the ban on exports to China was […]

The ‘invincible’ virus -African swine fever is ravaging China’s pig sector and eliminating it could take decades

The deadly pig virus that jumped from Africa to Europe is now ravaging China’s €113bn pork industry and spreading to other Asian countries; an unprecedented disaster that has prompted Beijing to slaughter millions of pigs. But stopping African swine fever isn’t so easy. The virus that causes the disease is highly virulent and tenacious, and […]

Beef trade: Seasonal higher prices nowhere to be seen

Farmers have been left counting the costs yet again. Over the years, farmers slaughtering cattle in June were able to achieve better beef prices. However, it has not been the case this year, with cattle throughput running ahead of the norm for this time of year. Prices for steers are at 380c/kg, while base quotes for […]

Done deal: British beef gains access to Chinese market

An agreement has been reached between China and the UK to allow British beef access to the Chinese market, it has emerged. Potentially worth up to an estimated £230 million for British producers in the first five years, the deal comes more than 20 years after the Chinese Government imposed a ban on UK imports of […]

China’s ASF crisis set to be opportunity for beef and lamb

The devastating impact of African swine fever (ASF) on China’s pig herd may have knock-on benefits for beef and lamb as buyers look to alternative proteins to make up demand. Since ASF was first discovered in a Chinese pig herd a year ago, losses have escalated. Chinese government figures, released in late April, suggested that […]

Beyond Meat slides after lead underwriter downgrades stock

Shares of Beyond Meat Inc fell as much as 22% on Tuesday after one of the stock’s lead underwriters, J.P. Morgan, downgraded it, saying the exponential growth expected from the plant-based burger was now priced in. Beyond Meat has surged over 69% in two days since it forecast overall sales in 2019 to more than […]

North Korea steps up measures to prevent spread of African swine fever

North Korea has stepped up measures to prevent the spread of the highly contagious and deadly African swine fever, its main state newspaper said on Wednesday, breaking its silence on the outbreak which was first reported in late May. In late May, North Korea reported an outbreak of African swine fever (ASF) to the World […]

Beef prices fall to a three-year low

BREXIT-FUELLED uncertainty, an over-supplied market and a €100 million bail out deal for Irish beef farmers have all contributed to a significant collapse in the market price for beef, the National Farmers Union of Scotland has warned. In its meetings with the Scottish Government, major retailers and meat processors at this week’s Royal Highland Show, The Union has pledged to […]

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