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Meat & Livestock

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Analysis: Meat industry on a knife-edge as Covid-19 disruption deepens

Global meat markets are being pulled in different directions as Covid-19 triggers a transformation in the way people buy food, while at the same time sickening workers, disrupting supply chains and complicating international trade.

International Cattle & Beef Eggs

JBS posts record results in 2019, says ready for Covid-19 challenges

JBS, the world’s largest meat processor, posted its best ever financial results in 2019, breaking records for both sales and profits. Looking forward, the group says it is well prepared to face the challenges posed by Covid-19 and expects Chinese demand to remain strong over the months ahead.

Brazil JBS International

Cattle & Beef

Set Alert for Cattle & Beef

Paraguayan beef export prices at high levels in Q1

Paraguayan beef exports fetched an average USD4,470 per tonne in the first quarter of this year – the highest level since 2014.

Paraguay Cattle & Beef

UK meat industry presses retailers over minced beef issue

British supermarkets are facing a barrage of criticism for importing batches of minced beef from Poland at a time when producers in the UK and Ireland are struggling to cope with the fallout from Covid-19.

United Kingdom Cattle & Beef

Cargill latest to shut US meat plant due to Covid-19

Cargill is the latest large US meatpacker to halt operations at one of its US facilities following outbreaks of Covid-19 among workers.

United States Cargill

US weekly beef outlook: Cattle markets fall across the board

Losses piled up last week for cutout values, cash cattle prices and live cattle futures as market volatility linked to the COVID-19 situation continues to roil markets.

Cattle & Beef Futures

JBS completes purchase of US packaged meat business

Brazil’s JBS, the world’s largest beef processor, has concluded the acquisition of Empire Packing Company – a company that specializes in the processing of packaged beef and pork.

United States JBS

Tyson halts work at Iowa pork plant after multiple Covid-19 cases

Tyson Foods has suspended operations at its Columbus Junction pork plant in Iowa after more than two dozen cases of Covid-19 involving team members at the facility.

United States Tyson Foods
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Hogs & Pork

Set Alert for Hogs & Pork

Cargill latest to shut US meat plant due to Covid-19

Cargill is the latest large US meatpacker to halt operations at one of its US facilities following outbreaks of Covid-19 among workers.

United States Cargill

New Hope beefed up its pig output and profit in 2019

In 2019, the company’s total revenue reached a spectacular figure of CNY82.05 billion (USD11.72 bln), up by 18.8% over the previous year, with net profit at CNY5.0 bln, up by 195.78%. The pig industry and food business are the growth hot spots. 

China Financial Results

US weekly pork outlook: Price pressure as demand shifts unfold

Lean hog futures saw sharp losses last week as markets assess the shifts in the pork market and the potential for supplies to be brought out of freezers

Hogs & Pork Futures

Poland confirms more disease outbreaks in pig and poultry farms

Authorities in Poland have reported a case of African Swine Fever (ASF) in a previously unaffected part of the country, while also confirming another case of avian flu on a large turkey farm.

Poland Hogs & Pork

JBS completes purchase of US packaged meat business

Brazil’s JBS, the world’s largest beef processor, has concluded the acquisition of Empire Packing Company – a company that specializes in the processing of packaged beef and pork.

United States JBS

Tyson halts work at Iowa pork plant after multiple Covid-19 cases

Tyson Foods has suspended operations at its Columbus Junction pork plant in Iowa after more than two dozen cases of Covid-19 involving team members at the facility.

United States Tyson Foods
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Poultry

Set Alert for Poultry

New Hope beefed up its pig output and profit in 2019

In 2019, the company’s total revenue reached a spectacular figure of CNY82.05 billion (USD11.72 bln), up by 18.8% over the previous year, with net profit at CNY5.0 bln, up by 195.78%. The pig industry and food business are the growth hot spots. 

China Financial Results

China imports more Brazilian chicken in Q1, reopens to BRF plant

Brazil continues to strengthen its position in Chinese poultry markets – with chicken shipments remaining at high levels despite the Covid-19 crisis, and signs that more plants could be approved by Beijing later this year.

China Brazil

US weekly poultry outlook: COVID-19 bringing shifts in poultry sector

Changes in consumer behavior in the wake of the COVID-19 is seeing the poultry production side in both broilers and turkeys make shifts to account for changes in consumer demand – from food service to retail.

Poultry Eggs

Polish chicken prices in freefall as stocks build up

Chicken meat prices in many EU countries fell markedly over the past week, with Poland leading the decline as the coronavirus disruption took its toll on the market.

EU Poland

Covid-19: Spanish grocery retailer to grant liquidity for suppliers

Mercadona, the largest Spanish grocery retailer, has reached a deal with Caixabank, BBVA, Santander and Bankia, the main Spanish banks, to grant EUR2.1 billion (USD2.3 bln) liquidity for its suppliers in the short and mid-term. 

Coronavirus Spain

Sanderson Farms prepares for poultry culls if Covid-19 situation worsens

US poultry company Sanderson Farms says it is having to cut back on production levels after seeing demand from food service customers collapse due to the Covid-19 pandemic.

United States Sanderson Farms
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Sheep & Goats

Set Alert for Sheep & Goats

USDA proposes three-year extension to rule on South American beef

The USDA’s Animal and Plant Health Inspection Service (APHIS) says it wants to extend some of the conditions for imports of South American beef for three more years to help guard against animal diseases.

Cattle & Beef Sheep & Goats

European lamb prices trending sharply downwards

The European lamb market remains perilously balanced, as processors and wholesalers face a major drop in demand over the coming months.

EU Sheep & Goats

China starts importing lamb from Argentina, beef from Russia

China is preparing to receive its first shipments of sheep meat from Argentina and beef from Russia – two countries which have been helping the country fill gaps in Chinese animal protein supplies.

China Argentina

China corn price noticeably higher

As many feed manufacturers are returning to work, China has seen a noticeable corn wholesale price increase for 10 consecutive working days as of April 1. This has triggered some panic buying by vendors and feed processors.

China Corn

Australia to charter planes for meat and fish during Covid-19 shutdown

Australian meat and fish exporters are to benefit from a new AUD110 million (USD67 million) initiative to secure air freight for agricultural products after normal flight routes were grounded due to the global Covid-19 pandemic.

Australia Cattle & Beef

Russia steps up efforts to maintain food security amid Covid-19

In a move to maintain food supply, president Vladimir Putin and the country agriculture ministry (Minselkhoz) have proposed a number of measures, including a moratorium on sanctions against countries affected by Covid-19.

Coronavirus Russian Federation
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