W45: Weekly Beef Update
Live Beef
US: Cattle Meat Prices on the CME
From October 28 to November 4, 2022, the cattle and pork futures market on the Chicago Mercantile Exchange developed in different directions. The quotations of pork and fattening cattle sank significantly, but showed a slight increase in the quotation of cattle meat in live weight. In early November, the Food and Agriculture Organization of the United Nations (FAO) once again published a report on the world food price index. The index has been falling for the 7th month in a row since March, when it jumped to a record historical value. Compared to the September value, the decrease occurred by 0.1 points from 136.0 points to 135.9 points. Sub-indexes for dairy products, meat and sugar fell by 1.7%, 1.4% and 0.6% respectively. From October 28 to November 4, quotations of cattle meat in live weight rose from 1.5038 to 1.5165 dollars per pound indicating 0.84% increase. Quotations of fattening cattle fell from 1.7788 to 1.7783 dollars per pound representing 0.03%. From September 30 to October 7, quotations of cattle meat in live weight rose from 1.4328 to 1.4533 dollars per pound, or by 1.43%. Quotations of fattening cattle increased from 1.7418 to 1.7473 dollars per pound, or 0.32%. By October 14, quotations of cattle meat in live weight rose from 1.4533 to 1.4695 dollars per pound, or 1.11%. Quotations of fattening cattle fell from 1.7473 to 1.738 dollars per pound, or 0.53%. By October 21, quotations of cattle meat in live weight rose from 1.4695 to 1.5048 dollars per pound, or 2.40%. Quotes for fattening cattle increased from $1.738 to $1.7528 per pound, or 0.85%. By October 28, live weight quotations for cattle fell from $1.5048 to $1.5038 per pound, or 0.07%. Quotes for fattening cattle increased from $1.7528 to $1.7788 per pound, or 1.48%.
US: Live Cattle Decline in Technical Moves
CME live cattle futures ended modestly lower with December down 0.300 cent at 151.650 cents per lb. Feeder cattle futures were narrowly mixed, with most-active CME January feeders up 0.200 cent at 179.625 cents per lb. Cash cattle traded in the southern US Plains this week at $150 per cwt, steady with last week, after firming over the prior four weeks. Wholesale beef prices declined. Choice cuts were down $1.43 at $263.75 per cwt, USDA data showed. Select cuts fell $1.16 to $231.90 per cwt.
US: Live Cattle Futures Slipped on the Chicago Mercantile Exchange
Live cattle futures slipped at the Chicago Mercantile Exchange (CME) on Wednesday as the market came under pressure from steep losses in equities and a lack of supportive news, Reuters reported, citing brokers as its source. December live cattle settled 1.475 cents lower at 151.575 cents per lb. February live cattle dropped 0.625 cent to 154.150 cents per lb and touched its lowest price since October 19.
Brazil: Cattle slaughter up 11.2% in the third quarter
According to the preliminary results of the Livestock Production Statistics survey, cattle slaughter grew by 11.2% between July and September 2022, compared to the same period last year and reached 7.81 million head. In comparison with the second quarter of this year, the advance is 5.8%. The results also indicate that, in the third quarter of this year, there were 2.12 million bovine carcasses, which means an increase of 11.1% compared to the same three months of the previous year and of 9.2% if compared to the second quarter of 2022.
Brazil: The Foot-And-Mouth Disease Vaccination Campaign Ends at the End of November
The second cycle of vaccination against foot-and-mouth disease is underway and ends at the end of November. In all, 161 million cattle and buffaloes will be immunised, according to the Ministry of Agriculture, Livestock and Supply (Mapa). The calendar includes 20 states of the federation and the Federal District. In ten states (AL, AM, CE, MA, PA, PB, PE, PI, RR and RN), vaccination will take place in animals up to 24 months old.
Brazil: Investments in Increasing Productivity Should Triple
Brazilian beef cattle increased productivity by almost 190% between 1990 and 2022, more than doubling meat production in an area of pasture about 22% smaller. In this period, the herd grew 38% and is expected to reach 202 million head in 2022, according to a survey by Athenagro, organiser of the 2022/2023 Livestock Rally, based on data from the Municipal Livestock Research (PPM), Quarterly Livestock Research (PPT) ) and history of agricultural censuses, all from the IBGE. By 2030, the tendency is for Brazilian ranchers to invest 2.5 to 3 times more per year in increasing productivity, when compared to the amount invested between 2011 and 2020. The amount is estimated between R$ 28 billion and R$ $ 36 billion a year, according to Maurício Palma Nogueira, director of Athenagro and coordinator of the technical expedition that evaluates beef cattle in the country and will be in the field from November 16, sponsored by Ihara and Mosaic Fertilizantes.
Brazil: Market Scenario and Livestock in Santa Catarina
Formigoni cited two major trends in the beef cattle market: rising prices, however, more volatile. “The share of beef sales has external influence, which generates instability. This also happens for production, with variation in fertilizer prices. Therefore, the importance of planning and management by the rural producer is latent ”, he pointed out. Brazil is one of the most important beef producers in the world and exports to more than 150 countries. The country produces about 10.5 million tons of meat and the herd is around 240 million head. According to Formigoni, the price of beef is in a period of oscillation, but the long-term perspective is favorable. Among the influences for this, he mentioned the drop in production in the United States, rising Chinese consumption, weak domestic consumption and exports in Brazil with a new record, but with a modest increase. According to Cucco, beef cattle raising is spread across all regions of Santa Catarina. The state has a cattle tracking system, which is controlled by Cidasc (Integrated Agricultural Development Company of Santa Catarina). Cidasc data from 2021 show that the total number of cattle in Santa Catarina is 4,575,488, of which 50% are beef cattle and 50% dairy cattle. According to a study by Cucco, the largest volume of cattle for slaughter comes from the west of the state. “Beef cattle raising is very important in the region. There are many producers going into production with great evolution in beef cattle due to the migration of producers and family succession. The region also has excellent pasture management. Small properties with high capacity per hectare”. On the obstacles faced by beef slaughterhouses in the state of Santa Catarina, Cucco mentioned standardization/uniformity as the main obstacles, followed by the offer of animals and finishing of carcasses. “We can only standardize cattle if we standardize the matrices. This way we will be able to produce quality meat”, he mentioned.
Brazil: Imac Presents Innovative Project During COP27
Based on the pillars of the Brazilian Forestry Code, the monitoring criteria of the Unified Protocol of the Federal Public Ministry (MPF), the requirements of consumer markets and the adoption of technologies to intensify sustainable production, the Mato Grosso Beef Institute (Imac) will present the Green Passport project, at the 27th United Nations Conference of the Parties on Climate Change (COP 27), held from November 6 to 18, in Egypt. The presentation of the proposal will be next Thursday (17.08). According to Imac's operational technical director, Bruno Andrade, the project is a strategy agreed between the productive and public sectors to eliminate illegal deforestation of livestock properties, enhance biodiversity, improve the balance of greenhouse gas emissions and ensure social inclusion of small and medium-sized cattle ranchers. Imac represents the productive chain from pasture to fork, with the participation of entities that represent livestock farmers, the slaughterhouse industry and the Government of Mato Grosso, with the objective of presenting the sustainability practised daily in the state. For Paula Sodré, executive director of Imac, the effective participation in this edition of the COP will be especially to communicate, promote and present the good practices and actions of the Mato Grosso meat chain, fulfilling the main role of the Institute, which is the promotion.
Australia: Weekly Cattle and Sheep Market Wrap
Overall cattle yardings increased by 35%, with a 35% and 40% lift in NSW and Queensland respectively. A 45% increase in heifer numbers saw a softening in average prices by $54.45 per head. A combination of increased supply and greater weights through the saleyards reduced pricing pressures. Dubbo yardings increased by 3,234 head indicating 200% WoW after reduced yardings last week. Quality also improved, ensuring strong demand from feeders and processors at the saleyard. The Eastern Young Cattle Indicator held firm at 1,019.4c/kg cwt with strong restocker demand. Throughput through the indicator remained strong but restocker contribution increased by 5%, and the average price was 1,122.74c/kg cwt. The feeder steer indicator softened 15c WoW with prices from Roma trading 2c under the national average. Quality at the saleyard varied with a greater supply of heavy steers going through the market.
Australia: National Cattle Yardings Reach Their Highest Level in Almost Two Years
National cattle yardings rose sharply this week across most states and reached their highest level in 2022 with 56,737 head yarded. This is 57% representing 20,600 head above the yearly average and the highest yarding since February 2021. The three key factors that drove the improvement of supply include a rainy week last week affecting mustering ability and transport access, increasing numbers of stock reaching finished weights from 2021 and 2020 calf drops and forecasted wet weather to return next week which necessitate producers to seize a selling opportunity. Strong performances this week included at a saleyard level, Dalby on the Darling Downs recorded its highest yarding since late February 2021. Intense demand for processor bought heavy steers drove prices higher by 2% or $48 to average $2,734/head across the country despite a 97% increase in supply this week. Beside that, the 2,000 grown steers yarded in Queensland this week averaged their heaviest on the scales at 529 kg since the second week of January and lifted 23kg/head or 5% week on week.
Spain: New Outbreak of Bovine Tuberculosis in Asturias
This Friday, November 11, the Ministry of Agriculture, Fisheries and Food (MAPA) has confirmed a focus of tuberculosis in Asturias, in the livestock region of Siero, in the municipality of Llanera. It is a farm of 24 bovines of which one animal would be affected, according to the Ministry of Agriculture. With this focus, there are already 7 notified in Spain so far in 2022. Specifically, 6 have been confirmed in the autonomous community of Asturias and one in Galicia.
Spain: Asturias Reports an Outbreak of Anthrax in Cattle
In June 2022, two outbreaks of anthrax were declared in Extremadura. Now, according to the Ministry of Agriculture, the disease has reached Asturias. It is a focus in the municipality of Cangas de Onis, and has occurred in a cattle farm with 136 sensitive animals. This is the third outbreak reported in Spain this year.
The live bovine table remained with the same values set in the October 31 session with male calves at €3.40 per kilo live; the calves of the country at €1.90, while the females at €2.52. At the beef table, there were increases of €0.02 in almost all categories, except the cows that earned extra €0.03 quoting €4.23 per kilo carcass. This increase ment that calves under 12 months were placed at €5.43 while calves of the same age stood at €5.47. The same increase was recorded in calves over 12 months old, which placed those with less than 270 kilos at €5.38 per kilo carcass and those that exceeded at €5.40. There was an upturn of €0.02 in yearlings hence those with less than 350 kilos traded at €5.32 and those with more weight at €5.28 per kilo carcass. Erales and steers also earned €3.59 and €3.48 respectively. The bulls were placed at €3.30 per kilo.
In the market, there was a slight rise in the number of animals arriving at the market reaching 1,163 today, November 7, compared to the 896 heads of the previous session. In the live bovine table, the prices of the week for the male calves stood at €601 per animal, for the female at €461 and the calves from the fattening country at €380. Calves and crossbred calves at the beef table earned €0.02 to €3.13 per live kilo while yearlings gained €0.01 to stand at €3.06. Bulls experienced the same rise, by increasing their prices by €0.01 to €1.90, a situation that is also depicted in cows that reached €2.44/kilo live, after earning one cent in the price of last week.
Poland: Purchase Prices for Slaughtered Cattle
In two consecutive months, June and July last year, a decrease in the average prices of live cattle was recorded. However, in August 2022, cattle buying-in prices increased again. In this month (according to GUS data), domestic suppliers for cattle in total, for example without calves, were paid 11.38 PLN / kg which is 6% more than in July 2022, and for young cattle increased by 9% to 11.73 PLN / kg. In relation to the prices obtained a year ago, total cattle and young cattle were 45-46% more expensive.
New Zealand: Local Saleyard Prices for W44-W45
Good auction volumes on cattle and sheep with the first run of new season lambs put long waited pressure on above-average seasonal prices in New Zealand. Exporters expect export prices to stay firm until mid-November. The average local slaughter price trends for W44-W45:
- Steer NI P2 (300kg) - USD 3.99 (NZ 6.80) (6.90)/kg -1,4%
- Lamb NI (18kg) - USD 5.32 (NZ 9.05) (9.25)/kg -2.2%)
France: Beef Prices Are Holding Steady in Beef Breeds
Cattle and suckler breeds - Commercial activity is marked by the succession of two shortened weeks, but above all by the growing impact of inflation on household purchasing power at a time of year which is not very conducive to the trade of noble pieces. The modest supply allows prices to be maintained for the heavy Blondes d’Aquitaine as well as in the Parthenaises, limousines of meat quality. The market has been balanced in the Charolaises with stable prices for a few weeks. In the secondary or light sucklers, the seasonal offer is a little more substantial with the descents of the mountain pastures in the mountainous regions, but this does not impact the prices, because many of them take the path of fattening for spring.
Argentina: Bovine Slaughter Is on Top of Closing the Year in Growth
In the first 10 months of 2022, 11.1 million bovines were slaughtered, which in relation to the same period last year represented an increase of 3.5%. In October, the industry processed 1.09 million heads, 7.8% less in relation to the previous month and an increase of 1.8% in the interannual comparison. In the analysed period, the greatest contribution to the increase in slaughter came from females with 8 teeth and more, which exceeded the slaughter accumulated in the first ten months of last year by 319,000 heads. On the opposite path, the categories that showed the greatest cuts were 4-tooth steers and 6-tooth cows, with slightly more than 100,000 heads in each case
Argentina: The Weather Impacts Meat, the Delayed Planting of Corn Will Complicate Fattening in 2023
The lack of cereal will hit the farmyards hard next year, in a context in which the business is already affected by the drought and the fall in farm prices. The impact of the weather is also being felt in livestock activity, starting with the delay in planting corn. With an eroded profitability, from the increase in the cost of inputs and a value of the consumer estate that does not pick up, clouds appear on the horizon in the form of cereal shortages. "It will definitely be a strong conditioning factor for grain fattening during the first half of the year," they warned from the Rosario Livestock Market (Rosgan) In parallel, the productivity of the cattle herd is in danger, based on the conditions in which the services are being provided.
India: Changes in Veterinary Norms, Allows Calves to Be Vaccinated Against LSD
The authorities in the Indian state of Maharashtra, concerned about the growing mortality of calves from infectious nodular dermatitis (LSD), have decided to change veterinary regulations and allow vaccination of young animals under 4 months old. According to The Times of India, LSD mostly kills calves in India, as almost all adult cattle have already been vaccinated as part of the fight against the infection.
Paraguay: Price of Fat Cattle for Export Is Valued 20 Cents on the Dollar
All categories of fat cattle for export appreciated 20 cents per kilo carcass, after 10 days with floor values and a downward trend that lasted several weeks. According to the survey of Valor Agro, meatpacking plants are offering US$3 per kilo for meat for males, between US$2.90 and US$3 for heifers, and US$2.60 for cows. In addition to the list prices, specific businesses are being registered in the market, especially for confinement animals, above these references.
Biodiversity in agriculture is now as endangered as wildlife. However, the preservation of agrobiodiversity is essential for the society of the future to be able to provide adequate responses to climate change and the challenges of food crises. Hungary is in a fortunate position in the world, since a significant part of our animal and plant species developed in the Carpathian basin has been preserved, he said. In order to support the development of domestic gene conservation institutions and their programs, the Government of Hungary has adopted a special strategy with more than HUF 12 billion in support. Within the framework of the Gene Preservation Strategy launched in 2019, many developments took place, among others, at the National Biodiversity and Gene Preservation Center's Tapiószeli Institute, whose collection is considered one of the largest gene banks in the world, the Ministry of Agriculture.
The current state of livestock breeding in the Stavropol Territory requires a significant acceleration of the breeding process in herds and populations. Work on improving the genetic potential and improving the productive qualities of farm animals is a strategic task that determines the active development of the agricultural sector in the field of animal husbandry. Currently, the breeding organisations of the region contain 85.4 thousand heads of breeding stock (cattle for dairy and beef production, sheep, goats), including 11.8 thousand heads of cattle for meat production. On behalf of the Minister of Agriculture of the Stavropol Territory, Sergei Aleksandrovich Izmalkov, they pay special attention to the preservation of livestock breeds in gene pool farms and the qualitative improvement of the breeding potential of livestock in reproducers and factories. So, in order to increase the meat productivity of cattle, together with researchers and farm specialists, we are working on the creation of modern, effective and affordable methods in the field of molecular genetic control of the breeding process in herds and populations,
Russia: Dairy Farmers Need to Create at Least 50 Thousand Places for Livestock per Year
Dairy farms in the Russian Federation need to create at least 50,000 modern places annually by 2030 to accommodate livestock that appears during the expansion of large enterprises and the liquidation of small farms. This was announced at the Novosibirsk Agro-Food Forum on Thursday by Deputy Head of the Ministry of Agriculture of the Russian Federation Andrey Razin. “Given the dynamics that we see, annually by 2030 it is necessary to create at least 50 thousand modern cattle places throughout the country.
Russia: The State Duma Extended the Exemption From VAT on the Import of Breeding Animals
The State Duma adopted in the second and third readings a budget-forming law, which, among other things, extends until January 1, 2025 the exemption from VAT on the import and sale of pedigree livestock and fish products in the Russian Federation. In accordance with the current legislation, import into Russia and sale on its territory of breeding cattle, breeding pigs, sheep, goats, horses, poultry, eggs, as well as seeds and embryos obtained from them, breeding fish and juveniles obtained from it up to 1 January 2023 are exempt from value added tax (VAT). The law extends this benefit for another two years. It shall enter into force on the day of its official publication, with the exception of other norms for which a different period is set.
Russia: The Livestock Industry Is Provided With Rough and Succulent Fodder With a Good Supply
In the Ryazan region, the procurement of fodder for the livestock industry has been completed. Harvested for the winter season 2022/23: hay - 107 thousand tons (107% of the plan), haylage - 528 thousand tons (125%), silage - 630 thousand tons (100%). One conditional head of cattle accounts for 30 centners of feed units with a plan of 27 c.f.u. In addition, the region has a significant stock of carry-overs - feed harvested in 2021 - 6.9 c.e. for one conditional head. Taking into account the remains of the last season, the Ryazan region is provided with rough and succulent fodder by 136%. For the country as a whole, according to the Ministry of Agriculture of Russia, feed is also procured in excess - the supply of feed is almost 120%. It should be noted that the number of farm animals in agricultural enterprises of the Ryazan region has increased significantly and, according to data as of October 2022, cattle were: 148.9 thousand heads (+0.8 thousand heads compared to October .2021), including cows - 61.9 thousand heads (+1.1 thousand heads).
Russia: Russian-Thai Commission Developed Trade In Livestock Products
The parties highly appreciated the cooperation within the framework of the Joint Russian-Thai Commission on Bilateral Cooperation and noted the positive dynamics in the development of trade relations between the two countries. The Thai side reported that recently the meetings of the Risk Assessment and Market Access Committees were held at the Ministry of Agriculture and Cooperatives of the Kingdom of Thailand, which considered the issue of access of Russian meat products (pork, beef and offal) to the Thai market. It is expected that the results will be sent to the Russian side in the near future. Work continues on the harmonization of forms of veterinary certificates for the export of various feed and feed additives for animals from Russia to Thailand. The Russian side requested up-to-date information on the requirements of the Kingdom of Thailand for various types of feed, depending on their composition (based on animal or vegetable raw materials).
Russia: Komi Intents to Increase the Production of Milk and Meat
Livestock farms of the region intend to increase milk production in the next three years by 7% from 46.9 to 50.2 thousand tons, meat by 10% from 2.2 to 2.4 thousand tons. This is planned to be done by increasing the share of breeding animals from 20% to 25%, improving their maintenance, and building new livestock buildings, the head of the department said. Dairy cattle breeding is the main specialization of most of the economy in the region. Significant amounts of state support are allocated for the production of milk and meat, more than 35% of its total volume, or 486 million rubles. From 2022, subsidy rates for the production of milk and 10% for the purchase of animal feed have been increased by 15%. This allows them to keep production profitable at the level of 14%, without support, the loss averages 17%. Enterprises improve the quality of feeding, acquire breeding animals, automate the main technological processes. Three times as many breeding animals were purchased this year, 639 cows and bulls. An increase in milk yield is expected by 7%, up to 5.3 tons per cow.
Russia: The Ryazan Region for the First Time Began to Sell More Breeding Stock Than They Bought
The breeding stock of dairy cattle in the Ryazan region in 2022 exceeded 38,000 heads, an increase by about 2.6 times over 10 years, the press service of the Ministry of Agriculture of the region reported on Monday. In particular, there are 17 breeding farms for breeding cows of Holstein and Black-and-White breeds. As the Minister of Agriculture and Food of the Ryazan region Dmitry Filippov noted, in the previous years the region bought more thoroughbred cows than it sold. Sales of highly productive livestock to neighboring regions in 2010-2019 were on average less than 100 heads. However, due to investments in the industry, state support and the painstaking work of livestock breeders, 1,683 breeding heads were sold by Ryazan livestock breeders in 2021, and 1,527 heads in 10 months of 2022. At the same time, less than 1 thousand heads are expected to be delivered from outside this year (454 heads were imported from other regions and 406 from Hungary in 10 months).
Turkey: Agricultural Sector With Cattle Breeding in Elbistan District of Kahramanmaraş
The development plan of the Agriculture-Based Livestock Specialized Organized Industrial Zone (TDIOSB), which will produce 500 million liras of added value in the agriculture sector with cattle breeding in the district of Elbistan in Kahramanmaraş, has come to an end. In Elbistan Agriculture-Based Livestock Specialization OIZ, which will be established on an area of 2,800 decares in Doğan Mahallesi of the district, more than 300 enterprises, including 11 with a capacity of 50 cattle, 23 with a capacity of 100 cattle, 29 with a capacity of 200 cattle, and 68 with a capacity of 250 cattle.
China: Insurance for the Development of Animal Husbandry in Nandan County, Guangxi
In the past, Chinese farmers were really afraid that their animals would get sick. When pigs, cattle and sheep died, the farmers would cover their own losses. Now, the government has launched insurance policies that will cover them. The government has issued a series of insurance policies for the aquaculture industry to benefit the people. More than half of it, a pig only needs 15 yuan premium, a cow only needs 54 yuan premium, and a sheep only needs 12 yuan premium. This helps in covering the risks that the farmers are prone to when calamities occur.
On November 9, the Yantai Municipal Bureau of Agriculture and Rural Affairs organised a meeting to promote the prevention and control of animal diseases, in-depth summary of the previous work, in-depth analysis of the current prevention and control situation, and comprehensive deployment of key tasks such as the next rural revitalization assessment. Zhao Jianbo, member of the Party group and deputy director of the Rural Bureau, and Gai Xiaojun, director of the Municipal Animal Disease Prevention and Control Center, attended the meeting and delivered speeches. The meeting pointed out that autumn and winter are the seasons with high incidence of various animal diseases, and are also the key seasons for the prevention and control of major animal diseases. Recently, Europe, the United States, Canada, etc. have frequently reported epidemics such as avian influenza and African swine fever, and the situation is severe and complex. It is located on the migration route of migratory birds and is also an important industrial base for white-feathered broilers in China.
In order to comprehensively and timely grasp the development trend of animal epidemics in Shenyang, guide the prevention and control of animal epidemics scientifically and effectively, and build a solid line of defense against major animal epidemics in Shenyang, the scientific planning and careful deployment of Shenyang Animal Disease Prevention and Control Center began on October 18. Carry out centralized monitoring and epidemiological investigation of animal epidemics in the second half of the year. The centralized monitoring and epidemiological investigation of animal epidemics adhere to the principle of "combining fixed-point monitoring and comprehensive monitoring, active monitoring and passive monitoring, routine monitoring and emergency Based on the principle of combining surveillance, pathogen surveillance and antibody surveillance, clinical surveillance and epidemiological investigation”, random sampling is adopted for livestock and poultry of different breeds and ages to carry out foot-and-mouth disease, highly pathogenic avian influenza, etc. Pathogenic infection status and immune effect assessment of major animal epidemics, and monitoring, purification and epidemiological investigations of major animal epidemics.
Ukraine: Due to Russian Aggression, the Losses of Livestock Farms Amounted to About UAH 2 Billion
Losses from the death of animals and the damage and destruction of livestock farms due to Russian aggression amounted to 2 billion hryvnias. The head of the Livestock and Breeding Department of the Department of Agrarian Development of the Ministry of Agrarian Policy, Olena Dadus, talked about this during the informational marathon broadcast on " Suspilny" , the press service of the department reports. According to her, currently there is information provided by the military administrations regarding damages in controlled and de-occupied territories. Chernihiv, Kharkiv, Sumy, Kyiv, Donetsk, Luhansk, Mykolaiv, Kherson, Zaporizhzhya were the most affected, where at the beginning of the current year all categories of farms were concentrated: cattle - 25.3%, cows - 25.8%, pigs - 31.5%, sheep and goats - 28.2%, poultry - 24.9%. Production of livestock products: meat with 20%, milk – 28.7%, eggs – 44.8%. In general, the reduction in the industry from the total volume compared to last year is 15%.
Ukraine: A Case of Rabies in Cattle Was Recorded in Ivano-Frankivsk Region
Rabies was diagnosed in a cow belonging to a resident of Horodenkivska city community, Kolomoisky district, Ivano-Frankivsk region. This was reported by the State Production and Consumer Service. Currently, a plan of measures to eliminate rabies has been approved, disadvantaged settlements have been identified, quarantine restrictions have been imposed, and measures to eliminate the disease have been initiated. All necessary measures are taken to localise rabies in disease centres.
Bulgaria:Transitional Rates of National Animal Assistance
More than BGN 53 million will be allocated for transitional aid for cattle, mother sheep and mother goats Payments to farmers which will be made this month from the State Fund "Agriculture", according to the indicative schedule approved by the Payment Agency. Under the Scheme for transitional national aid for cattle, not tied to production, the rate is BGN 192.57 for cattle and BGN 337.00 for buffalo. Under the Scheme for transitional national aid for mother sheep and mother goats, tied to production, in the amount of BGN 41.07 per animal.
Switzerland: Imposed a Ban and Is Monitoring Compliance in Genetics From Cloned Animals
Consumers in Switzerland are sceptical about anything to do with cloning. This is why the basic program AQ-Viande Suisse has prohibited since 2019 the keeping and breeding of animals with clones in their ancestry, as decided by the Swiss Farmers' Union in agreement with the breeding federations. and major distributors of genetic engineering. Checks carried out as part of the AQ-Viande Suisse program in 2022 revealed that some farms violated the ban on the use of genetics from cloned animals. Some of them had bought cows from other farms that did not meet the requirements and claimed not to be aware of any clones in the lineage of these animals. As AQ-Viande Suisse prohibits the use of genetics from cloned animals for reproduction as well as the keeping of animals with clones in their pedigree, breeders and owners who do not comply are penalised: they receive a warning under the form of a fine and, if they do not remedy the situation, are excluded from the AQ-Viande Suisse program. In all cases, the breeding federations had declared the presence of clones in the ancestry in a transparent way, for example by means of the mention “pedigree with clones”. The secretariat of AQ-Viande Suisse therefore calls on cattle buyers to verify the certificate of ancestry. Similarly, semen doses for insemination should not come from the genetics of cloned animals. Distributors such as Swissgenetics, Select Star and LGC SA are committed to only offering seed doses that comply with the prescriptions of AQ-Viande Suisse.
Vietnam: Many Dangerous Diseases in Livestock Are at Risk of Outbreak
From the beginning of 2022 up to now, animal diseases have basically been well controlled, creating favourable conditions for livestock production, ensuring food supply for domestic consumption, and promoting the export of animals and products. However, according to local reports, a number of dangerous diseases in animals are on the rise. According to the Ministry of Agriculture and Rural Development, the risk of epidemics occurring in the last months of 2022 and early 2023 is very high. The causes are said to be the results of active surveillance, showing that the above pathogens are still circulating at a relatively high rate in many localities. Besides, the total herd of livestock and poultry is very large (over 500 million poultry, nearly 28 million pigs, about 10 million buffaloes, cows, goats, sheep and more.)
The number of Korean cattle raised has been continuously increasing since 2015 , and is expected to reach 3.45 million by the end of this year . In particular, in the mid- to long-term, prospects are pouring in that the number of breeding animals will reach the highest level ever next year . Among them, the number of slaughtered animals this year is projected to be between 850,000 and 860,000 , up from 794,000 last year and 757,000 in the previous year due to increased breeding . There is even a forecast that the number of slaughtered animals will increase to 1 million by 2024, raising concerns over weak Korean beef prices. In order to respond to such concerns, the Korean Beef Fund plans to stabilise the price of Korean beef in various ways, such as preparing an emergency budget, supporting the difference in Korean beef price for large meals, and issuing discount coupons for Korean beef in online malls. In particular, in this emergency budget, the Ministry of Agriculture, Food and Rural Affairs allocates an additional KRW 950 million of Korean beef subsidies than originally planned to stabilise Korean beef prices, and it is expected that all - round efforts will be added to vitalize Korean beef consumption.
South Korea: Beef Industry’s Efforts to Reduce Greenhouse Gas Emissions
Korea is planning various policies with the goal of reducing greenhouse gas emissions in the agricultural and livestock sector by 27.1% by 2030 compared to 2018. In the livestock sector, as a way to reduce greenhouse gas emissions, supply 30% of low-methane feed and methane reducer to Korean beef and dairy cow feed by 2030 to reduce methane generated through intestinal fermentation of livestock, and reduce the protein content in feed by 2%. As a result, a plan is underway to reduce greenhouse gas emissions by approximately 751,000 tons of CO2eq. In order to achieve greenhouse gas reduction policies and targets at the national level, the livestock industry, Korean cattle farmers, national research institutes, universities, and associations are already making various greenhouse gas reduction efforts. It's just that we are not aware of this fact.
Egypt: The Veal Project and the Improvement of Local Breeds Contributed to the Provision of Meat
The Ministry of Agriculture and Land Reclamation announced that the total of what has been funded for the veal project so far is about 7.3 billion pounds, of which about 42,000 beneficiaries have benefited, to raise and fatten nearly 473,000 heads of livestock, whether they are calves for meat production or high-productivity wheels, to provide dairy meat. This is within the framework of the presidential initiative "A Dignified Life" launched by President Abdel Fattah El Sisi, President of the Republic to develop the Egyptian countryside and raise the level of small farmers and breeders.
Fresh Beef
Global: The Fall in World Meat Prices Continues in the 2nd Half, According to FAO
The most significant annual losses have been falling on beef where its average price, in October, was almost 3% below that registered a year ago, in addition to being at the lowest level of the last 16 months. This, it should be noted, after having reached, last March, a record price. On the other hand, pork and chicken meat continue with a positive annual evolution of 16.74% and 17.95% respectively. On average for the year and compared to the same 10 months in 2021, the best result has been obtained by chicken meat, with an appreciation of almost 22%. Beef was around 13.5% and pork at just 5.5%. The decline in beef was a reflection of high supply (including “the increased availability of cattle for slaughter, mainly in Brazil”)
Brazilian beef exports in terms of value totaled $1.103 billion in October 2022, the lowest level in three months. Likewise, Brazilian beef exports in terms of volume were 189 thousand mt, also the lowest level in three months. Nonetheless, the year-over-year (YoY) increase was formidable. Despite a 9% drop from September, October 2022’s export value was 160% higher than October 2021's. This was the largest interannual gap on record. Meanwhile, volume dropped 7% MoM, but grew 129% YoY. This was the largest YoY increase in a month since 2001. (Continue Reading)
US: The USDA Beef Meat Production During 2022
The beef industry expects to reach 12.85 million tons, up 95,700 tons than in 2021, due to an increase in the slaughter rate and a greater weight in the carcasses. There is also an estimation that there will be greater domestic consumption with a drop in imports and exports.
The United States Meat Exporters Federation (USMEF) reported that up to September, US beef exports rose to 1.1 million tons, which in annual terms represented an increase of 4%. These foreign sales resulted in an economic spill of 9,120 million dollars, a figure 20% higher compared to the same period last year, marking the second historical maximum after 10.5 million dollars will be reached in 2021. Dan Halstrom, president of the organisation, said that although the commercialization has continued to rise, the inflationary effects at the international level and the weakening of the currency in important markets pose a challenge for the industry. According to estimates by the financial entity Rabobank, the increase in prices of this type of meat has caused consumers to reduce the demand for specific cuts, opting for other lower cost options and other animal proteins.
US: USDA Projects Beef Price Increase
Beef production is projected at 28.347 billion pounds, 211 million more than October on the slaughter pace and heavier carcass weights, with an average steer price of $144.15 per hundredweight, up $1, and higher consumption against lower imports and exports.
US: Beef Exports Down by 7% In Volume and Value
September beef exports were below last year for the first time in 2022, but exports remain on a record pace through the first three quarters of the year. September beef exports totaled 115,487 mt, valued at $890.3 million, down 7% from a year ago in both volume and value. For the first nine months of 2022, beef exports were still 4% above last year at 1.12 million mt. Export value reached $9.12 billion, up 20% and already achieving the second highest total for any calendar year, trailing only the 2021 record ($10.58 billion). Despite China's zero-COVID policies that result in travel restrictions and periodic lockdowns in metropolitan areas, September beef exports to China/Hong Kong were still above last year. Shipments also increased YoY to the ASEAN region and Caribbean, but declined to Korea, Japan and Taiwan. While beef exports remain well-positioned to reach new heights in 2022, the September results reflected significant headwinds that have been building for some time.
Australia: October Red Meat Export Update
Australian red meat exports rose by 2% from year-ago levels to 127,706 tonnes in October, driven by high lamb export volumes. However, beef exports fell by 2% from year-ago levels to 72,979 tonnes. Exports to Japan fell by 16% year-on-year to 15,751 tonnes, making it the largest single market for Australian beef for the month.
Brazil: Price Paid for Brazilian Meat Is Pressured by China
China, the largest foreign destination for Brazilian beef, has been putting pressure on the amounts paid for beef. According to data from Secex, in January, the national protein was shipped to the Asian country at an average price of US$ 6.25 per kilo, rising consecutively until June, when it reached the record of the historical series, of US$ 7, 33/kg. Since then, the values started to fall month after month, reaching US$ 6.14/kg in October, that is, the lowest this year.
Brazil: Slower Chinese Demand Impacts on Brazilian Beef Prices
The average prices for beef exported by Brazil fell in the second part of the year, partially in response to the renegotiation of contracts with importers. According to data from the country’s Department of Foreign Trade compiled by consultancy Safras & Mercado, the price per ton peaked at BR0L 6,800 in June. In October, the average price dropped to BRL 5,900. The country exported 152.6 thousand tons of beef (fresh, refrigerated, or frozen) in June when revenue reached R$ 1.4 billion. However last month, the data pointed to the shipment of 188.6 thousand tonnes and earnings of R$ 1.1 billion. “This [trend] reflects the concern over lockdowns in China, but also toward the devaluation of the Chinese Yuan against the dollar, which weakens purchasing power at the largest importer of Brazilian animal protein,” said Fernando Iglesias, an analyst at Safras & Mercado to the press services Valor. China, he claims, will import less Brazilian beef next year because the country will produce 400 thousand additional tons of this protein. “The Chinese are increasing their production to reduce their reliance on imports, a trend that has already been observed with pork and chicken. As a result, the country’s purchases will be lower than in 2022,” he predicts.
Brazil: Beef Exports Drop By 7.6% In October
Information made available at the foreign trade statistics service (Comex Stat) show that beef exports declined in October. The total shipped reached 211,800 tons, a volume close to that shipped in August 2021, meaning a 7.6% drop over last September. The comparison with October last year indicates a significant increase of 95%. This is because China, the main customer of the Brazilian product, imposed a temporary embargo that greatly affected shipments in that period. In the first 10 months, shipments totaled almost 1.923 million tons, representing growth of 19.4% over the same period in 2021. The average volume projected for the rest of the year signals a volume of 2.307 million tons for 2022. If achieved, it will be equivalent to annual growth of more than 23%. For now, the accumulated result for the last twelve months, November 2021 to October 2022, still negatively impacted by the low volumes of the last two months of last year, indicates a total of almost 2.180 million tons, signalling an increase of 10.3% over the same immediately preceding period.
Brazil: Beef Export Trends in 2022
Preliminary, SECEX/ME figures indicate that in the first 10 months of 2022 beef exports (exclusively considering the in natural product) reached 1.690 million tons, registering an increase close to 25% compared to the same period of the last year. According to the monthly average recorded so far, the volume for the final two months of the year could reach 338 thousand tons and raise the annual total to close to 2.030 million tons, about 30% more than what was exported in 2021.
Brazil: Fall in the Arroba of the Fat Ox in São Paulo
After the stagnant scenario of the previous week, this Monday (7/11) the price of cattle fell by R$2.00/@. Females are priced unchanged. Monday opened with a drop of R$5.00/@ of fat cattle and R$3.00/@ of fat cows and heifers, compared to the last survey (4/11). The stoppages on Brazilian roads made it difficult to sell meat last week, causing occasional shortages in several regions. As a result, demand in the first week of November was even firmer, reflecting increases in bone-in wholesale. The price of castrated and intact cattle carcasses increased by 5.0% and 5.6%, respectively, in the weekly comparison.
Brazil: Cattle Slaughter Grows by 8% In the Third Quarter of 2022
In the third quarter of 2022, 5.994 million head of cattle were slaughtered in Brazil, an increase of 8% compared to the second quarter and 14% in the annual comparison, according to information disclosed by Minerva Foods in the publication Sectoral Overview. The increase in slaughter growth is an indication of the reversal of the bovine cycle in the country, increasing the number of animals ready for slaughter. The average price of an arroba (Livety Cattle ESALQ/BM&F indicator for the State of São Paulo) was R$ 313.7/@, a decrease of 3% in the quarterly comparison. In dollars, the average price of cattle in the quarter was US$ 4.0/kg, down 10% compared to 2Q22. Brazilian beef exports reached 574 thousand tons in 3Q22, an expansion of 24% compared to the previous quarter and 7% in the annual comparison. The volume exported in the quarter was a record for the period, confirming the strong seasonality of demand that marks the second half of the year. Export revenue in 3Q22 reached US$ 3.6 billion, a significant increase of 18% compared to both 2Q22 and the previous year. In this 3Q22, the average price of beef in dollars reached US$ 6.2/kg, up 11% compared to 3Q21. In reais, the average price for the quarter was R$32.7/kg, an increase of 11% on an annual basis and 2% compared to the previous quarter. China remained the main destination for Brazilian beef exports in 3Q22 with a market share of 70%, an expansion of 9 percentage points on an annual basis, followed by Chile, Israel, Philippines and United Arab Emirates, which represented 3% each.
Brazil: Foreign Sales of Beef Reached US$ 1.225 Billion
Foreign sales of beef reached US$ 1.225 billion in October 2022, a result of 126% higher compared to October 2021 (US$ 541.6 million), when sales to China were suspended. The total volume exported in the month was 234 thousand tons, growth of 116% in relation to October of the previous year (108.6 thousand tons.) According to data released by the Brazilian Association of Refrigerators (ABRAFRIGO), from January to October, total exports of the product grew 42% in revenue, from US$ 8.009 billion in 2021 to US$ 11.37 billion in 2022 , and 23% in volume (1.61 million tons in 2021 to 1.985 million tons in 2022). The growth in beef sales in the year partially reflects the increase in average prices practiced in 2022, which was US$ 5,727.63/ton (+15.2%). Average export prices started a downward trend from June 2022, when they reached US$ 6,490.28/ton, accumulating a drop of 19.4% in 4 months. In the case of China, the largest buyer of Brazilian beef, average export prices exceeded US$ 7,311/ton in June 2022 to $6,100 in October 2022 (-16.6%). Until the month of October, China provided import revenue of US$ 6.981 billion, against US$ 3.875 billion in the same period in 2021. The movement was 1,054,281 tons of beef, while, in the same period of 2021, imports were 721,994 tons. Last year, China represented 48.4% of Brazilian beef sales abroad and, this year, it already represents 61.4%. That's not counting another 82,350 tons from Hong Kong that provided US$ 290.3 million in revenue.
Brazil: Price of Exported Meat Falls and Affects the Beef Market
Brazil exported 152,600 tons of beef (fresh, chilled or frozen) in June, when revenue reached R$ 1.4 billion. Last month, preliminary information indicated shipments of 188.6 thousand tons and revenues of R$ 1.1 billion. “This reflects concern about the lockdowns in China, but also the devaluation of the yuan [Chinese currency] against the dollar, which weakens the purchasing power of the largest importer of Brazilian protein,” said Fernando Iglesias, an analyst at Safras & Mercado, to Value. According to him, China will import less Brazilian beef next year because it should produce 400 thousand tons more of this protein. “The Chinese are expanding their production to depend less on imports, a movement that has already occurred with pork and chicken meat. The country's purchases will not be at the same levels as in 2022, ”he says. In the internal market, the arroba of the ox in Mato Grosso, which reached R$ 312.08 at the end of January, is now traded for around R$ 240, according to the Mato-Grossense Institute of Agricultural Economics (IMEA). In São Paulo, which concentrates export plants, deals have been closed for just over R$ 287 per arroba. At the end of March, prices were at R$352.
New Zealand: Claims Its Beef and Lamb Are Among the Most Sustainable in the World
New Zealand beef and lamb would be among the most efficient in the world in terms of carbon emissions, as published by Beef and Lamb New Zealand , the organisation that represents New Zealand sheep and beef farmers, in a statement. Thus, from this institution they assure that a new investigation has confirmed that the carbon footprint of New Zealand beef and lamb is one of the lowest in the world. Comprehensive study by AgResearch has found that a kilo of New Zealand sheep meat has a carbon footprint of just under 15 kilograms (kgs) of CO2 equivalent emissions per kilo. For its part, the carbon footprint of New Zealand beef is just under 22kg, making the country's red meat one of the most efficient in the world.
Argentina: Carbap Called on the Government to “Urgently” Release Meat Export Duties
The Confederation of Rural Associations of Buenos Aires and La Pampa (Carbap) called for the elimination of export duties for beef. "We understand that it is time for the national government to urgently release existing restrictions on export cuts, in an international market that has become recessive and oversupplied," they warned. The ruralists argued that the livestock activity is experiencing a critical situation, where prices of livestock and meat rise below inflation and costs rise above the inflation line.
Mexico: Authorization of the Importation of Beef From Argentina
The National Agri Food Health, Safety and Quality Service (Senasica) informed the Argentine health authority that 22 processing plants are already authorized to export bovine meat to Mexico. Similarly, the agency of the Ministry of Agriculture and Rural Development published on its website the animal health requirements sheet so that Argentine companies that are able to comply with the requirements established to market meat products in Mexico can begin their export process of boneless and matured beef. This concludes three years of negotiation between the health authorities of Mexico and Argentina, as a result of which Senasica is attentive to the recognized plants demonstrating compliance with the established requirements to start, as soon as possible the exportation.
Uruguay: Chinese Market for Uruguayan Beef Has Worsened in W45
The situation of the Chinese market for Uruguayan beef worsened in W44, with difficulties in paying contracts and renegotiations of merchandise that is being produced or has already shipped. The priority has focused on solving the business already agreed upon and not closing new shipments. The Uruguayan industry in W45 offered knuckles at USD 5,600/ton CFR PRC, outside flat at USD 5,800/ton CFR PRC and trimming 80 VL at US 3,300/ton CFR PRC, and does not receive counteroffers.
Paraguay: Exported About 284,000 Tons of Beef This Year
The report of the official veterinary service stated that, during the 10 months of 2022, the total shipment of beef amounts to 283,932,027.89 kilos of the product, for a value of 1,476,140,350.21 dollars. The report also details that 128,048 heads of cattle (including steers, bulls, cows and heifers) were slaughtered only in the month of October this year, reaching a total of 32,152,267 kilos. As for bovine offal, a total of 47,573,417.74 kilos were exported so far this year for an approximate value of 94,819,160.36 dollars. Between January and October of this year, the main export markets for Paraguayan beef were: Chile with more than 109,075,830.04 kilos, Russia with 58,304,668.05 kilos, Brazil with 33,940,033.54 kilos, Republic of China (Taiwan) with 31,666,954.79 kilos, Israel with 14,168,855.80 kilos and Uruguay with 7,795,242.78 kilos. Finally, the Senacsa report indicates that there were 52 in total, being mostly the top five markets Chile, Russia, Brazil, Republic of China (Taiwan), Israel and Uruguay.
The opening of the Chinese market for Paraguayan beef would generate an extra injection into the country's economy of approximately US$700 million per year, according to what was stated by the former Minister of Finance and director of the consulting firm MF Economía, Manuel Ferreira. Paraguay is exporting meat at an average price of US$5,195 per ton, about US$1,500 less than the average it sells. China is the most important market in the world, since in addition to acquiring large volumes and paying good prices, it demands a high percentage of the animal, simplifying the work of the industry. On this point, Ferreira reflected that by adding the low prices with all the capital invested by the producers in terms of loans or their own money, the livestock sector contemplates a debt of US$ 1,700 million, a figure that is divided between 13,500,000 heads (the national rodeo), the debt would be approximately US$126 per animal.
Chile: Beef Meat Production From Bovine Cattle Decreased by 5.6% In the July-September 2022 Quarter
In the third quarter of 2022, the production of bovine meat on the rod fell 5.6% compared to the same quarter of the previous year, registering 49,471 tons (t). In turn, the entry to the slaughter and slaughter process for human consumption (known as processing) of bovines nationwide was 191,642 heads, with a year-on-year decrease of 5.4%. Bovines had 181,834 finished heads, with an interannual contraction of 15.7%.
Russia: There Are No Prerequisites for Rising Meat Prices in 2023
The supply of meat on the Russian market next year will be noticeably higher than consumption, which will not only restrain price growth, but may also lead to a further decrease in average annual producer prices, said Sergey Yushin, head of the executive committee of the National Meat Association. According to him, there is an abundance of beef on the market now. Compared to the beginning of the year, wholesale prices for the main parts of standard beef decreased by 10-15% on average.
China: Meat Market Is as Sick as It Has Ever Been in Ten Years
Export meat traders are describing the China market as being “as sick as it has ever been in ten years” this week, as the country battles the latest wave of COVID sickness across the country. China’s severe ‘Zero COVID’ policy means large metropolitan centres and whole provinces are again in lockdown, or under severe restrictions. Latest to join the list is the giant southern manufacturing city of Guangzhou, which has introduced partial lockdown anti-epidemic measures. Others currently hard-hit include Zhengzhou, Chongqing and Beijing. Cases in Beijing have hit their highest level in more than five months. The measures have sparked a rapid collapse in food service demand across China, where the overwhelming majority of imported beef and sheepmeat is sold. “The price of Australian navel-end briskets into China have halved,” one trader said. “They had been strong for six or more years, and prices have not varied that much up to now, but that has changed dramatically.” Such is the love in China for navel end brisket that the premiums (spread) paid over other export customers like Japan and Korea have typically been as much as $3-$4/kg. That spread has virtually disappeared now, the trade source said.
South Africa: What to Expect From Meat Prices Heading to December
Meat prices in South Africa have been driving food inflation in 2022, with a mix of local and international factors playing a role. According to the Bureau for Food and Agricultural Policy (BFAP), meat prices in the country are expected to remain elevated leading into the end of the year, largely due to the weaker rand. In an analysis of meat price trends over 2022, the BFAP showed that local prices had tracked the UN’s Food and Agriculture Organization food price index, lagging by a few months. The FAO meat price index, a combined measure of meat prices globally, peaked in June 2022, by 14% higher than June 2021 and 33% above June 2020 levels. For beef, the BFAP noted that South African beef carcass prices increased by almost 8% from February 2022 to September 2022, reflecting a 15% depreciation in the exchange rate, high feed costs and domestic supply constraints. It said that Slaughter volumes over the first nine months of 2022 remain 1% below the comparable period for 2020 and 2021 and almost 5% below the comparable period in 2019 (pre-Covid).
South Korea: Price Rises in Celebration of Korean Beef Day
The price of Korean beef meridians showed an upward trend. However, this price rebound is expected to continue to rise in the future due to a large-scale discount event by large retailers on the occasion of Hanwoo Day (November 1). In the nationwide wholesale market, 7786 Korean cattle were auctioned, a decrease of 17.27% compared to the previous week. The average meridian value of Korean beef cattle was 2226 won per kg of carcass, an increase of 305 won from the previous week. 1++A grade rose by 599 won to 23,932 won per kg, and 1++B grade rose to 22,400 won, up 656 won. 852 beef cattle were traded, down 9.46% from the previous week, and the average meridian value per kg was 10,480 won, down 55 won.
Indonesia: Beef Prices Reached RP180,000
Jakarta Food Information noted that as of 15.33 WIB, the average price of pure beef in Jakarta had soared by IDR 2,116 to IDR 142,558 per kg. The highest price was reported at Pluit Market where it went for about IDR 160,000 per kg and the lowest was at the Jembatan Lima Market pricing at IDR 130,000 per kg. Meanwhile, the average price of reared beef in the Jakarta area was reported to have increased by IDR 664 to IDR 147,738 per kg. It was also reported that at the Pal Meriam Market the highest price was recorded at IDR 180,000 per kg and the lowest price was in the Mampang Prapatan Market which stood at IDR 130,000 per kg.
Frozen Beef
US: USDA Opens Wallet for Meat Processors
Following the fallout over livestock markets and the influence of the country's largest meatpacking companies, USDA on Wednesday announced $223 million in grants and loans to expand meat and poultry processing around the country. Agriculture Secretary Tom Vilsack is expected to visit Omaha on Wednesday to further spotlight one of $73 million in grants that will go to 21 meat-processing projects in the first round of the "Meat and Poultry Processing Expansion Program." The focus on meatpacking competition stems from supply chain problems that hit livestock producers and consumers during the peak of the COVID-19 lockdowns. President Joe Biden also started 2022 meeting with producers and laying out his administration's plan to invest as much as $1 billion to expand competition in the meatpacking industry. Beyond the 21 grants in the Meat and Poultry Processing Expansion Program, USDA also will provide eight loans through the Meat and Poultry Intermediary Lending Program for $75 million, as well as more than $75 million in loans for four meat and poultry-related projects through the Food Supply Chain Guaranteed Lending Program. Beyond the $223 million, USDA expects to announce additional projects either in December or early next year, as well as open applications for another $150 million in funding for a second round of project announcements that would come later in 2023.
Tanzania: Meat Exports Increased 62.83% YoY in October 2022
Tanzanian meat exports increased by 62.83% YoY in October to 3256.6 MT from 2000MT in 2021. Tanzania exports a variety of meat products, including chilled and frozen beef carcasses, chilled and frozen goat carcasses, as well as chilled and frozen sheep carcasses. The Middle East is the main destination for frozen meat exports from Tanzania, with Qatar accounting for 38% of total exports from Tanzania, followed by Oman at 22%, Kuwait at 15.8%, Bahrain at 10.6%, the UAE at 5.94%, and Hong Kong at 4.4%.
