Search:

The search returned 29 results.

Start:    End:       Search Title?    Search Article?    Search Tags?
YOUR SEARCH RESULTS:





























U.S. Beef, Poultry and Egg Products Gain New Market Access in Tunisia

U.S. Trade Representative Robert Lighthizer and U.S. Secretary of Agriculture Sonny Perdue announced today that the government of Tunisia and the United States have finalized U.S. export certificates to allow imports of U.S. beef, poultry, and egg products into Tunisia.  This announcement follows meetings between U.S. and Tunisian officials on the safety and wholesomeness of U.S. beef, poultry, and egg products.

“President Trump continues to prioritize the opening of new markets for U.S. agricultural products, and we welcome Tunisia’s agreement to begin imports of U.S. beef, poultry, and egg products,” said Ambassador Lighthizer. “New access to the Tunisian market is an important step in ensuring that American farmers and ranchers can continue to expand their exports of U.S. agricultural products.”

“I'm convinced that when the Tunisians get a taste of U.S. beef, poultry, and eggs, they're going to want more. These products coming into Tunisia are...

Full Story »
Apr 18 8:16 AM, General News



USTR Proposes Products for Tariff Countermeasures in Response to Harm Caused by EU Aircraft Subsidies

The World Trade Organization (WTO) has found repeatedly that European Union (EU) subsidies to Airbus have caused adverse effects to the United States. Today, the Office of the United States Trade Representative (USTR) begins its process under Section 301 of the Trade Act of 1974 to identify products of the EU to which additional duties may be applied until the EU removes those subsidies.

USTR is releasing for public comment a preliminary list of EU products to be covered by additional duties. USTR estimates the harm from the EU subsidies as $11 billion in trade each year. The amount is subject to ...

Full Story »
Apr 9 10:08 AM, General News


Retail Imports Rising Again as Summer Approaches

With tariff increases delayed for the foreseeable future and the busy summer season approaching, imports at the nation’s major retail container ports are beginning to climb again, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

“Retailers are starting to stock up in anticipation of a strong summer,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “Tariff increases are on hold and progress is being reported in talks between the United States and China, so the imports we’re seeing now are driven primarily by expectations for consumer demand.”

U.S. ports covered by Global Port Tracker handled 1.62 million Twenty-Foot Equivalent Units in February, the latest month for ...

Full Story »
Apr 9 8:26 AM, General News


Southeast Asia’s Growing Meat Demand and Its Implications for Feedstuffs Imports

Southeast Asia’s rising incomes, growing population, and increasing urbanization have contributed to growth in livestock production and meat consumption, particularly poultry and pork. Southeast Asia includes 10 countries: Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam. This article focuses on five key emerging markets within the region: Indonesia, Malaysia, the Philippines, Thailand, and Vietnam (5 Southeast Asian Countries). According to USDA’s International Long-Term Projections to 2028, the region will become the world’s fastest-growing importer of soybean meal—a key ingredient in animal feed—over the next decade and will overtake the European Union (EU) as the largest soybean meal importer by 2022. In addition to its expanding pork and poultry production, the region’s growing imports of ...

Full Story »
Apr 2 9:58 AM, General News


U.S. Pork Can't Afford Loss of Mexican Market 

The National Pork Producers Council (NPPC) today asked the Trump administration to carefully consider the fallout from cutting off trade between the United States and Mexico. U.S. pork producers and other American farmers are already facing mounting financial losses from retaliatory tariffs by Mexico and China. The following statement may be attributed to David Herring, president of the National Pork Producers Council and a pork producer frim Lillington, North Carolina.

“A cloud of uncertainty and restricted access to our most important export markets have strained U.S. pork producers and their families for more than a year. The value of our exports to Mexico and China are down 28 percent and 32 percent, respectively, this year. We are at the breaking point and cannot afford a total loss of the Mexican market, one that accounted for more than 20 percent of ...

Full Story »
Apr 2 9:02 AM, General News


NPPC Calls for Swift US/Japan Trade Negotiation 

The National Pork Producers Council welcomed reports that the United States and Japan will commence trade negotiations on April 15, 2019 and urged the Trump administration to expeditiously complete and deliver for ratification to Congress a trade deal that puts U.S. pork producers back on a level playing field in Japan.

“U.S. pork producers are losing market share in Japan to international competitors that have recently negotiated more favorable trade terms in our most valuable market,” said David Herring, NPPC’s president and a pork producer from Lillington, North Carolina. “We are already seeing a decline in ...

Full Story »
Apr 1 12:09 PM, General News


Red Meat Export Volume Fairly Steady in January; Pork Value Still Sluggish

January exports of U.S. beef and pork were slightly below last year’s volume levels while export value posted mixed results, according to statistics released by USDA and compiled by the U.S. Meat Export Federation (USMEF).

Beef exports slipped 1 percent year-over-year to 104,766 metric tons (mt), but value still increased 3 percent to $642.3 million. Export value per head of fed slaughter pulled back from the red-hot pace of 2018, averaging $284.86, down 3 percent from a year ago. January exports accounted for 12.2 percent of total beef production and 9.7 percent for muscle cuts only, down from 12.4 percent and 10.1 percent, respectively, in January 2018.

January pork exports were also down 1 percent from a year ago at 201,835 mt, with value dropping ...

Full Story »
Mar 29 9:12 AM, General News


USDA to Inspect Brazil Beef and Pork Products 

The USDA has announced that it will be carrying out an audit of the inspection system of agricultural establishments from June 10 to June 28 at the Ministry of Agriculture, Livestock and Food Supply. The inspection will include beef and pork from Brazil.

Minister Tereza Cristina stated, "This is an important step so that we can re-export, in the near future, fresh meat to the United States.

During an official visit of the Brazilian government to Washington last week, U.S. Secretary of Agriculture of Sonny Perdue established ...

Full Story »
Mar 27 12:27 PM, Urner Barry


Chicken Check Up: Russ Whitman Takes the Pulse

This week, we sat down with Senior Vice President of Urner Barry, Russ Whitman, to talk about the ever-changing chicken scene...

Full Story »
Mar 26 10:07 AM, Urner Barry


Alternative Cuts of U.S. Beef Focus of Retail, Restaurant Promotions in Taiwan

Encouraging restaurants and retailers in Taiwan to use alternative cuts of U.S. beef, USMEF collaborated with Taiwan Fresh Supermarket (TFS) and the Texas Roadhouse restaurant chain in a series of promotional activities and product tastings. The efforts, funded by the Beef Checkoff Program, were designed to maintain the competitiveness of U.S. beef in the Taiwanese market by providing consumers, foodservice operators and importers with information on available products.

“Taiwanese consumers have adopted more beef in their diets over the past couple of decades, but their knowledge of beef remains relatively limited,” explained Davis Wu, USMEF director in Taiwan. “People are used to purchasing meat with a tender texture and rich marbling, such as ...

Full Story »
Mar 18 9:39 AM, General News


ANALYSIS: 2018 Becomes Record Year for U.S. Beef Exports

The USDA released export numbers for the last month of 2018. December exports for beef, including variety meat, was reported at 112.8 thousand metric tons compared to 113.3 metric tons for December 2017...

Full Story »
Mar 18 9:27 AM, Urner Barry


Rabobank: China and Trade Restrictions Drivers for an Improving, but Volatile Global Poultry Outlook

Trade conditions are gradually improving for global poultry thanks to rising global demand – especially from China, which is expected to face a protein shortage this year.

In recent quarters, the global poultry market has gone through one of the most volatile periods in many years, due to a combination of factors, including trade and disease restrictions, along with the impact of the US-Chinese trade war. Production was at an exceptionally high level in many markets, including the US, the EU, and Thailand. Meanwhile, demand dropped because of a general market slowdown and constraints on access to international markets following trade restrictions. This resulted in a period of falling poultry prices between Q2 and Q4 2018.

“However," according to Nan-Dirk Mulder, senior animal protein analyst, "the outlook is changing, Rabobank is gradually becoming more optimistic that ...

Full Story »
Mar 13 9:28 AM, General News


2018 Beef Exports Record-Large; Pork Export Volume Just Short of 2017 Record

Last year U.S. beef exports shattered the previous value record and achieved a new high for volume, according to year-end 2018 statistics released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Pork export volume came up just short of the record set in 2017 while value slipped 1 percent year-over-year. U.S. lamb exports rebounded from a down year in 2017, largely due to stronger variety meat demand in Mexico.

Fueled by tremendous demand in South Korea, Japan, Taiwan and the ASEAN region, U.S. beef exports reached 1.35 million metric tons (mt), up 7 percent from 2017 and exceeding the 2011 record by 5 percent. Export value soared to ...

Full Story »
Mar 8 8:15 AM, General News


Rabobank Beef Quarterly Q1 2019: China’s Trade Sending Waves through South-East Asia

Stricter border policing in China as a consequence of African swine fever is restricting the unofficial meat trade, with flow-on effects in other countries, according to the latest RaboReseach Beef Quarterly report.

Following the outbreak of African swine fever (ASF) in August 2018, the Chinese government strengthened border controls. Rabobank believes the increased enforcement measures have led to the sharp decline in the volume of trade through unofficial channels in Q4 2018. The increased Chinese border enforcement has slowed unofficial bovine trade from Hong Kong and Vietnam. Subsequently we have seen Vietnamese imports of Indian carabeef in Q4 2018 down 60% YOY at 120,370 tonnes and in turn Indian buffalo prices have dropped. But this could easily be reversed.

Other important developments include ...

Full Story »
Mar 1 9:15 AM, General News


Retailers Urge Congress to Pass Tariff Relief Legislation

The National Retail Federation called on Congress to pass legislation introduced today that would require that a process be established to exclude some items from the Trump administration’s tariffs on $200 billion worth of Chinese imports.

“We are encouraged by the progress made between the United States and China, but tariffs are still taking a toll on hardworking Americans across the country,” NRF Senior Vice President for Government Relations David French said. “Establishing a timely and efficient tariff exclusion process is the least Washington can do for American businesses that have no alternative supplier and for working families that rely on everyday products. We are grateful for the bipartisan, bicameral leadership of Senators Lankford and Coons and Representatives Kind and Walorski, and ...

Full Story »
Mar 1 8:51 AM, General News


USMEF Economist Stresses Importance of Trade with Japan at USDA Outlook Forum

The importance of Japan as a trading partner for U.S. agriculture was the focus of a Feb. 22 panel discussion at the USDA Agricultural Outlook Forum in Arlington, Virginia. U.S. Meat Export Federation (USMEF) Economist Erin Borror explained that Japan is the leading value destination for both U.S. beef and U.S. pork, with 2018 exports expected to reach $2.1 billion and $1.65 billion, respectively, when year-end data is available. But Borror also cautioned that the competitive terrain in Japan has gotten steeper for U.S. red meat due to Japan’s preferential trade agreements with Australia, the European Union, Canada, New Zealand, Mexico and Chile, and this situation will worsen unless the United States secures similar access terms with Japan.

Borror noted that U.S. beef export value per head of fed slaughter averaged a record $320.72 in 2018, up 14 percent year-over-year and shattering the previous high ($300.36) set in 2014. Japan accounts for one-fourth of this total, or $82.75 per head. The ratio is similar for ...

Full Story »
Feb 27 12:52 PM, General News


Retailers Welcome Progress on Trade Negotiations and Delay of Tariff Increase

The National Retail Federation issued the following statement from President and CEO Matthew Shay after the administration delayed a tariff increase on Chinese goods set to take effect this week.

“We welcome the progress made between the U.S. and China and commend the administration for its efforts to address unfair trading practices. The decision to avoid a tariff hike is a positive development, and we encourage the administration to build on this momentum and reach a resolution that will eliminate uncertainty for American businesses and ...

Full Story »
Feb 25 8:58 AM, General News


Retail Imports Still Strong as Possible March Tariff Hike Approaches

Imports at the nation’s major retail container ports have dipped since peaks seen last fall but remain at higher-than-usual levels as a possible increase in tariffs on goods from China approaches in March, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

“With trade talks with China still unresolved, retailers appear to be bringing spring merchandise into the country early in case tariffs go up in March,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “We are hopeful that the talks will succeed, but until the trade war is behind us, retailers need to do what they can to mitigate the higher prices that will inevitably come with tariffs ...

Full Story »
Feb 12 8:47 AM, General News


November Beef Exports Remain on Record Pace; Headwinds Weigh on Pork Exports

U.S. beef exports continued on a record pace in November while pork exports trended lower year-over-year, according to statistics released by USDA and compiled by the U.S. Meat Export Federation (USMEF).

Beef exports totaled 112,842 metric tons (mt) in November, up 1 percent from a year ago, while value climbed 6 percent to $709.2 million. For January through November, exports reached 1.24 million mt, up 8 percent year-over-year and 6 percent above the record pace of 2011. At $7.63 billion, beef export value was up 16 percent and has already broken the full-year record set in 2017 ($7.27 billion).

Beef export value per head of fed slaughter is also on a record pace, averaging $322.97 in ...

Full Story »
Feb 8 11:28 AM, General News


USDA Awards Agricultural Trade Promotion Program Funding

U.S. Secretary of Agriculture Sonny Perdue today announced that the U.S. Department of Agriculture (USDA) has awarded $200 million to 57 organizations through the Agricultural Trade Promotion Program (ATP) to help U.S. farmers and ranchers identify and access new export markets. The ATP is one of three USDA programs created to mitigate the effects of unjustified trade retaliation against U.S. farmers and exporters. USDA’s Foreign Agricultural Service (FAS) accepted ATP applications between September 4 and November 2 – totaling nearly $600 million – from U.S. trade associations, cooperatives, and other industry-affiliated organizations. USDA has released a list of the ATP funding recipients.

President Donald J. Trump authorized up to $12 billion in programs to provide assistance to U.S. agriculture through a trade mitigation package announced by Secretary Perdue on September 4, 2018. In addition to the $200 million allocated to the ATP, the package also ...

Full Story »
Jan 31 3:19 PM, General News


NPPC Urges $3.5 Billion Chinese Pork Purchase 

 With Chinese officials in Washington to discuss trade relations, the National Pork Producers Council today urged the United States and China to quickly resolve their trade differences and asked the Asian nation to make a minimum $3.5 billion purchase of U.S. pork over the next five years.

China is the largest consumer of pork in the world, making it a top market for U.S. pork exports over the past several years. (The U.S. pork industry in 2017 shipped $1.1 billion of product there, making it the No. 3 export destination for U.S. pork.) Pork is said to represent about 15 percent of the Consumer Price Index in China and could single-handedly make a huge dent in the U.S.-China trade imbalance.

“China has been a tremendous market for U.S. pork and, absent numerous trade barriers, probably would be...

Full Story »
Jan 29 11:58 AM, General News


Farm Bureau Gives Agricultural Trade Outlook for 2019

American Farm Bureau Federation policy experts gave an overview of the issues expected to affect farmers and ranchers in 2019 in a workshop at the organization’s 100th Annual Convention.

David Salmonsen, senior director of congressional relations for AFBF, said the diverse impacts of tariffs, the outcomes of free trade agreement negotiations and the future of relations with China are all critical for the future of ag exports and the growth of American agriculture

Salmonsen discussed the United States-Mexico-Canada Agreement and outlined the process for ratification. “It could be quick or it could be slow, but there is a timeline that has to be followed,” Salmonsen said.

If USMCA is implemented, it will increase quota access for U.S. dairy products into Canada and end...

Full Story »
Jan 14 9:51 AM, General News


Retail Imports Level Off After Rush to Beat Tariffs

Imports at the nation’s major retail container ports have slowed down after a months-long rush to beat increased tariffs on goods from China, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

“With the holiday season behind us, the immediate pressure to stock up on merchandise has passed but retailers remain concerned about tariffs and their impact on the nation’s economy,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “Retailers have also brought in much of their spring merchandise early to protect consumers against higher prices that will eventually come with tariffs. Our industry is hoping the talks currently under way will bring an end to this ill-advised trade war and result in ...

Full Story »
Jan 8 2:52 PM, General News


AG Must be Part of U.S.- EU Trade Deal, Groups Insist

An ad hoc coalition of more than 50 food and agriculture organizations is insisting that any trade deal between the United States and the European Union include agriculture and that it address the EU’s restrictive tariff and non-tariff barriers to U.S. farm products.

In a letter sent today to the Office of the U.S. Trade Representative, 53 organizations, led by the National Pork Producers Council, urged the Trump administration “to continue stressing to [the EU] that only a truly comprehensive agreement will be acceptable to the Administration and, ultimately, to the U.S. Congress.”

The EU has expressed reluctance to include agriculture – as it did during earlier negotiations on the U.S.-EU Transatlantic Trade and Investment Partnership ...

Full Story »
Dec 18 2:06 PM, Urner Barry


Study Finds 11 Percent of the Price of Corn is Derived from Red Meat Exports

The U.S. Meat Export Federation (USMEF) has received the results of an updated study aimed at quantifying the value delivered to U.S. corn producers through exports of red meat. The original 2016 study, as well as the 2018 follow-up, were conducted by World Perspectives, Inc. (WPI), a leading agricultural consulting firm.

The original study, titled The Intersection of U.S. Meat Exports and Domestic Corn Use, concluded that in 2015 exports of U.S. red meat accounted for 11.7 million tons of combined corn and Dried Distillers Grains with Solubles (DDGS) use. In its update, WPI concluded that 2018 beef and pork exports will use a combined total of 14.9 million tons of corn and DDGS, which equates to an additional 459.7 million bushels of corn produced – an increase of 29 percent over the 2015 projections.

Other highlights from the updated study...

Full Story »
Dec 18 10:03 AM, General News


Rabobank: The EU May Export Less Pork to the UK after Brexit

The UK has a sizable pork production shortage. To address this shortage, the UK has increased production and imports around 1m tonnes carcass weight (cwt) annually from EU member states. With the EU’s estimated self-sufficiency rate of nearly 112%, approximately 2.6m tonnes cwt of pork needs to be exported outside the EU in 2018 to balance local supply and demand. After Brexit, EU self-sufficiency could grow to 120%. Consequently, in the future EU-27, pork processors will need to work harder to secure opportunities for exporting pork meat and by-products that are not consumed within the EU. In the short-term, increasing Chinese demand will probably compensate for any loss of access to the UK market.

UK production on an increasing trend since 2010

The UK has a large pork production shortage; only half of national demand is covered by...

Full Story »
Dec 18 9:36 AM, General News


USDA Launches Second Round of Trade Mitigation Payments

At the direction of President Donald J. Trump, U.S. Secretary of Agriculture Sonny Perdue today launched the second and final round of trade mitigation payments aimed at assisting farmers suffering from damage due to unjustified trade retaliation by foreign nations. Producers of certain commodities will now be eligible to receive Market Facilitation Program (MFP) payments for the second half of their 2018 production.

“The President reaffirmed his support for American farmers and ranchers and made good on his promise, authorizing the second round of payments to be made in short order. While there have been positive movements on the trade front, American farmers are continuing to experience losses due to ...

Full Story »
Dec 17 4:44 PM, General News


Statement of Secretary Perdue on Passage of the Farm Bill

U.S. Secretary of Agriculture Sonny Perdue today hailed the passage of the 2019 Farm Bill. The House of Representatives approved the conference report on the bill this afternoon, following the Senate’s passage yesterday.

Perdue issued the following statement:

“The passage of the 2019 Farm Bill is good news because it provides a strong safety net for farmers and ranchers, who need the dependability and certainty this legislation affords. This Farm Bill will help producers make decisions about the future, while also investing in ...

Full Story »
Dec 12 4:28 PM, General News


Secretary Perdue Statement on Release of Farm Bill Conference Report

U.S. Secretary of Agriculture Sonny Perdue today issued the following statement regarding the release of the 2018 Farm Bill conference report:

“I welcome the introduction of the Farm Bill conference committee report, and hope the Congress can approve this legislation expeditiously. This legislation maintains a strong safety net for the farm economy, invests in critical agricultural research, and will promote agriculture exports through robust trade programs. While we would have liked to see more progress on work requirements for ...

Full Story »
Dec 11 11:36 AM, General News




URNER BARRY INDICES




Load More
Label Label
Foodmarket, a specialized media offering from Urner Barry, is the premier source of market news for the food industry.

DISCLAIMER
THE INFORMATION, PRODUCTS, CONTENT AND DATA ON THE SITE ARE PROVIDED “AS IS” AND WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. TO THE FULLEST EXTENT PERMISSIBLE PURSUANT TO APPLICABLE LAW, WE DISCLAIM ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. WE DO NOT WARRANT THAT THE FUNCTIONS CONTAINED IN INFORMATION, CONTENT AND DATA ON THE SITE (INCLUDING, WITHOUT LIMITATION, DERIVED CONTENT) WILL BE UNINTERRUPTED OR ERROR-FREE, THAT DEFECTS WILL BE CORRECTED, OR THAT THE SITE OR THE SERVERS THAT MAKE SUCH INFORMATION, CONTENT AND DATA AVAILABLE ARE FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS. MOREOVER, YOU ASSUME THE ENTIRE COST OF ALL NECESSARY SERVICING, REPAIR OR CORRECTION. WE DO NOT WARRANT OR MAKE ANY REPRESENTATIONS REGARDING THE USE OR THE RESULTS OF THE USE OF ANY INFORMATION, CONTENT, DATA, PRODUCTS OR SERVICES CONTAINED ON OR OFFERED, MADE AVAILABLE THROUGH, OR OTHERWISE RELATED IN ANY WAY TO THE SITE, INCLUDING, WITHOUT LIMITATION, DERIVED CONTENT, OR ANY THIRD-PARTY SITES, PRODUCTS OR SERVICES LINKED TO FROM THE SITE IN TERMS OF THEIR CORRECTNESS, ACCURACY, COMPLETENESS, RELIABILITY, SAFETY OR OTHERWISE. APPLICABLE LAW MAY NOT ALLOW THE EXCLUSION OF IMPLIED WARRANTIES, SO THE ABOVE EXCLUSION MAY NOT APPLY TO YOU.