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CHART: Industry Expectations for Weekly Cattle Slaughter
ANALYSIS: Chiming In on Chicken Leg Quarters
Those with exposure to chicken back half items are no stranger to this year’s uninspiring and highly volatile trade environment...
ANALYSIS: Pork Butts at Decade Lows for December
Bone-in pork butts have witnessed pressure in the market since the beginning of October, following almost...
ANALYSIS: Australian Beef and Veal Exports to USA Hit Record Low in November
This week the Australian Department of Agriculture (DAFF) reported total beef and veal shipments to the United States at...
UK Government Consults on Ending Live Animal Exports for Slaughter
Plans to ban the export of live animals for slaughter and fattening have been unveiled by the Environment Secretary today, in the start of a renewed push by government to strengthen the UK’s position as a world leader on animal welfare.
These proposals form part of an eight-week consultation, launched in England and Wales, seeking views on how to better protect animal welfare during transport.
Live animals commonly have to endure excessively long journeys during exports, causing...
ANALYSIS: Cash Cattle Prices Could See Pressure in Q1
Boxed beef prices appear to be seasonally topping after staging an impressive rally throughout November. Although some primals continue to be...
ANALYSIS: Weighing in on Turkey Drums
With much of the turkey industry now focused on satiating whole-body bird demand, supply side tightness, particularly within...
ANALYSIS: Turkey Drums Find Their Rhythm
With November now upon us, whole body turkeys are commanding much of the seasonal spotlight, however...
ANALYSIS: Nothing Average About Turkey Weights
This year being what it is, or has become as the case might be, there is not a protein offering on the street that has not had its traditional market world uprooted. Demand patterns have...
ADP Direct Poultry Acquires Cami International
ADP Direct Poultry announced the acquisition of Cami International Poultry. Cami is a poultry slaughter and processing company located in Welland, Ontario, and employs 55 people.
"I've believed for years that vertical integration was critical to the company's long-term aspirations. Cami's business operations end where ADP's further poultry processing operations begin, so there isn't overlap between the two businesses. This acquisition gives ADP a consistent supply of poultry with the size and specification required by ADP customers, which makes Cami the perfect addition to the ADP team' said Augo Pinho, President & CEO of ADP.
Terms of the deal will remain confidential, but 100% of Cami shares were acquired, and...
ANALYSIS: Chicken Cold Storage: A Reflection of the Times
August’s cold storage coincide with the current market status of most major lines and serve to remind us of the supply-side challenges which marketers continue to wrestle with...
A Snapshot of Plant-Based Protein Growth Amid the Pandemic
Alternative protein markets, and those specifically utilized in the production of plant-based meat analogues, continue to boon as a result of COVID-19 economic implications. Primarily used to produce beef-like substitutes, products from companies like...
Olymel Invests Over $30 Million in St-Damase Poultry Processing Plant
Olymel management announced an investment of more than $31.5 million to expand its poultry slaughtering and cutting plant in St-Damase, Montérégie, in order to diversify operations and add new activities. This project will result in the creation of more than 80 new jobs and bring the total number of employees at this facility to nearly 500, spread over two shifts. This major investment is aimed in particular at equipping the plant with additional cutting, deboning and tray packing lines, as well as new high-capacity, state-of-the-art equipment. The work, which is expected to last about a year, will take place without interrupting the plant's current operations and had begun...
China and Japan Suspend Pork Imports from Germany Following African Swine Fever Case
According to the German Food and Agriculture Ministry, China and Japan have suspended imports of pork and live pigs from Germany after a case of African swine fever was confirmed in a wild boar near the Polish border in the eastern state of Brandenburg, Germany. This comes as South Korea banned imports of German pork last week.
Pork imports of 40,230 tons from Germany last year accounted for about 3.3% of Japan's total imports of pork, the ministry reported. Japan did not import any live pigs last year, down from six in 2018. China's ban on imports comes as the country deals with its own spread of the disease. German pork exports to China total about...
ANALYSIS: Pork Offals in Cold Storage Decline as Fresh Supplies Remain Thin
The labor force continues to be stretched thin at many production plants following the wave of closures that occurred earlier in the year due to...
Rabobank Beef Quaterly Q3 2020: New Faces Shaping Future UK Beef Imports
Once outside the European bloc, the UK is expected to become the fifth or sixth largest beef-importing country. Consumer acceptance and non-tariff barriers will play significant roles in determining which countries ultimately supply the UK beef market in the future.
Brexit trade talks between the UK and EU continue to progress. “While pure economic reasoning and geopolitics normally play strong roles in trade negotiations, we believe that, in the case of the UK, consumer acceptance and non-tariff barriers will be equally significant in determining...
ANALYSIS: Digging Deeper into Chicken Leg Quarters
The uninspiring level of demand that sellers are currently contending with is nothing new for those with exposure to the back-half of the bird...
ANALYSIS: The Spread Between Wholesale and Retail Beef Prices
During the COVID-19, wholesale beef prices have moved through phases as the situation changed...
ANALYSIS: Turkey Cold Storage: Traversing Along a Bumpy Seasonal Path
The latest release of the USDA’s Cold Storage Report not only helps to speak to the solid supply positioning of major turkey lines, but it also highlights...
ANALYSIS: Year-Over-Year Highs for Sow Slaughter
According to the June Hogs and Pigs report, intended farrowings for September-November are down 5% from a year ago, implying...
ANALYSIS: Turkey Slaughter Tells a Seasonal Tale, with a COVID-19 Twist
As we approach the end of July, and without any significant changes to what has been a relatively quiet trade environment lately, turkey participants and observers are taking some extra time to...
PODCAST: Calling All Pork People - ASF, Retail Demand, Exports, and More
In this week's segment Russell Barton discusses retail demand, slaughter, exports, African Swine Fever, and COVID-19...
ANALYSIS: For Chicken Processors, “Normal” Can’t Come Soon Enough
Between the ongoing challenges associated with plant worker absenteeism, fluctuating slaughter figures and the unpredictable pull from both...
ANALYSIS: Pork 2020 Comparison
The first half of 2020 was highly volatile in the pork market due to a myriad of factors. While cases of ASF continued to be reported across several...
CHART:Industry Expectations for Weekly Cattle Slaughter
ANALYSIS: Heavy Chickens and More of Them
Keen observers of the chicken market are well aware of the growing price spread between medium and jumbo-sized product...
ANALYSIS: Tom and Hen Poults Follow a Distinct YoY Path
As stay-at-home guidelines are lifted and the foodservice sector gradually returns, turkey market participants look to the hatch data in an attempt to refine their buying and...
April Red Meat Exports Weather Production Challenges, Economic Headwinds
April proved to be a solid month for U.S. beef and pork exports despite COVID-19 related interruptions in production and declining purchasing power of some key trading partners, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Beef exports were below last April’s large totals but still topped $600 million in value. Pork exports remained well above year-ago levels but slowed from the record pace established in the first quarter.
“Considering all the challenges the U.S. red meat industry faced in April, export results were encouraging,” said USMEF President and CEO Dan Halstrom. “Exporters lost several days of slaughter and processing due to COVID-19, and shipments to Mexico and some other Latin American markets declined due to...
ANALYSIS: Chicken Processors Coping with COVID-19 Related Set Backs
In light of the recent challenges that COVID-19 has brought upon the chicken industry, this week we thought it would be a good opportunity to check in on the supply side of the equation to...
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