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May 9, 2019

New Zealand targets agricultural emissions in climate change bill

New Zealand’s government will introduce legislation to tackle climate change on Wednesday which includes a target for cutting methane emissions from livestock by at least 10 percent by 2030. The agriculture sector slammed the bill as a threat to one of the largest contributors to New Zealand’s economy, though environmentalists say it is also a […]

Tyson Foods expects to profit from hog fever in China, warns it may hit U.S.

Tyson Foods Inc said on Monday that the U.S. meat processing industry could reap significant financial gains from a global shortfall in pork as an incurable hog disease spreads rapidly across Asia. Tyson projected its U.S. pork, chicken and beef units could all benefit from increased demand linked to outbreaks of African swine fever, after […]

Disease to cut China pig meat output by at least 10 percent: FAO

An African Swine Fever outbreak is expected to cut China’s pig meat output by at least 10 percent in 2019 and present opportunities for producers elsewhere, the United Nations’ Food and Agriculture Organization said on Thursday. The shrinking of the world’s largest hog herd will have a noticeable impact on meat and feed markets worldwide, […]

LIVESTOCK-U.S. hog futures extend setback on U.S.-China trade tensions

U.S. lean hog futures touched their lowest prices in about two months on Tuesday on concerns over elevated trade tensions between Washington and Beijing. Traders are worried that a resolution to the U.S.-China trade war may be farther off than previously expected, after U.S. President Donald Trump’s surprise statement on Sunday that he would raise […]

How new plant-based burgers compare with beef

Beyond Meat and Impossible Foods are among the companies racing to tap into the massive US market of meat eaters by more closely mimicking the taste of beef than vegetarian patties of the past. Others are working to grow meat in labs. Are they healthier? As with many questions about diet, it depends. For better or worse, patties […]

May 3, 2019

China’s pig ‘Ebola’ outbreak ‘will move markets, influence geopolitics’ for years to come

A minor outbreak of African swine fever among some 400 pigs in Shenyang in northeastern China is now threatening the global food supply chain and may increase pork prices for years. Despite a mass cull, a blockade to prevent any further transmission and a government declaration that the outbreak of the particularly nasty strain of […]

April 28, 2019

China’s swine fever outbreak sets off scrap over pork

Meat prices climb worldwide as importers scramble and consumers switch products The outbreak of African swine fever that is ravaging China’s pig farmers is sending shock waves through Asia’s market for imported meat. Importers in the region face a battle with Chinese buyers, while exporters reap a windfall. The virus that causes ASF has no […]

Pig processors accused of withholding price increases from farmers

Processors have been accused of ignoring the plight of struggling pig farmers by failing to pass on the full benefit of market improvements in recent price increases. Although pig prices have lifted by 4c/kg over the last week, the IFA claimed that price hikes of at least 10c/kg were justified following confirmation of significantly tighter […]

China’s unprecedented pig crisis to impact entire world, expert warns

Commodities economist predicts African swine fever will trigger an escalation in meat prices across the globe In almost 40 years of analysing commodity markets, Arlan Suderman says he has never witnessed an industry-jolting event as dramatic as the contagion spreading across China’s pig farms. The commodities economist has been warning clients about the impact of African swine fever, which […]

April 25, 2019

Supermarket meat ‘fit to eat’ after 50 days, study finds

Supermarket meat is fit to eat after up to 50 days on the shelf, scientific research has found, as sell-by dates could soon be relaxed. Advances in food packaging means beef can stay fresh and safe for consumption for up to seven weeks, a report by the British Meat Processors Association found, as long as it […]

Tyson Foods sells stake in Beyond Meat amid rising tensions

Tyson Foods has quietly sold its stake in alternative protein company Beyond Meat, which is expected to go public next week at a valuation north of $1 billion. Tyson had a 6.5% ownership stake in Beyond Meat when the company filed for its IPO last November, having invested a total of $23 million between 2016 […]

Walmart creates Angus beef supply chain, cutting out meat processors

Walmart Inc is taking control of the supply chain for Angus beef sold in some of its stores, cutting out meat processors as the company looks to offer higher quality products in an intensely competitive grocery industry. The world’s largest retailer said on Wednesday that the move would allow it to ensure supplies of quality […]

April 17, 2019

China pork prices could rise 70 per cent this year, with millions of animals facing cull

Pork prices in mainland China may rise by more than 70 per cent year on year to record levels in the second half of 2019 following a drop in hog supplies, Tang Ke, a department director at China’s ministry of agriculture and rural affairs, said. Chinese farmers have had to cull their pig populations to […]

‘Forward pricing should be an option for all factory cattle’

A farm lobby group has questioned how processors can put a mechanism in place that allows a form of forward pricing for dairy beef whilst “beef finishers face huge losses this year due to the collapse in beef price”. The Beef Plan Movement has highlighted the question saying: “If a form of forward pricing can […]

April 16, 2019

7th Irish plant approved to export beef to China

Liffey Meats has become the seventh Irish meat processor to get approval to export to China, it has been confirmed. The decision follows initial approval last year for six other Irish beef processing plants including: BP Clones; Donegal Meat Processors (Foyle Meats); Slaney Foods International; ABP Nenagh; Kepak Clonee; and Dawn Meats Charleville. A further […]

NZ Sheep meat exports affected by Brexit

Ongoing Brexit uncertainty is having a negative impact on New Zealand sheep meat exports, with January export volumes plunging 32% year-on-year, Rabobank’s latest Agribusiness Monthly report says. Global demand and in-market prices in New Zealand’s key export markets remained generally strong and the Chinese market, in particular, continued to perform very well. However, it was […]

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