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TheBeefSite Newsletter - 13 April 2016

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Wednesday 13th April 2016.
Alice Mitchell - TheBeefSite Editor

Alice Mitchell

MSD Animal Health

Slow Demand in Neighbouring Countries Behind Sluggish February US Beef Exports

February exports of US beef were roughly steady with last year’s volumes but export value moved lower as prices continued to decline from the 2014 highs, according to statistics released by USDA and analysed by the US Meat Export Federation (USMEF), contractor to the beef checkoff.

The price reductions reflect more abundant red meat supplies and a fiercely competitive international marketplace, USMEF said.

February beef exports totalled 183.4 million pounds, up slightly from last year, while value dropped 18 per cent to $437 million. January-February exports were up 2 per cent in volume (364.9 million pounds) from a year ago but fell 16 per cent in value ($875.1 million).

USMEF President and CEO Philip Seng said the February results fell short of expectations.

“Given the headwinds US exports faced early last year, including the severe congestion in the West Coast ports, we expected to see year-to-year increases in most markets, but the actual picture was mixed,” Mr Seng explained.

“Beef exports did rebound in most Asian markets compared to February 2015, but these gains were largely offset by declines in our neighbouring markets.” – Read more.

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This Week's Articles and Analysis

Debunking Some Myths about Hormone Use in Beef
Beef is a great source of things like protein, zinc and iron but a really lousy source of hormones. But that’s not always what people believe, writes Angela Lovell.

Could New TB Rules Affect Cattle Entries at Shows?
Defra’s proposed changes in rules for the movement and testing of cattle in the UK raises as many questions as answers for one Lancashire farmer and former barrister, Simon Temple told Neil Ryder.

Market Reports

AHDB Cattle and Sheep Weekly - 11 April 2016

Global Beef Industry News

   United States

CME: Imports an Important Consideration in Feeder Cattle Supply
CoBank: Protein Markets Benefit from Low Feed Costs, But Supplies, Exports Are Concern
American Beef, Dairy Farmers Urge TPP Passage
CME: Markets Expecting Improvement in Beef Demand
Slow Demand in Mexico, Canada Behind Sluggish February US Beef Exports
Cattle Outlook: Beef Imports, Exports Declined in February
CME: Cattle Weights Still Above Last Year's Levels
USDA Provides Millions in Funding for Animal Nutrition Research
CME: US Beef Exports Down in February
CME: Feedlots Improving Feed Efficiency Compared with 2015

   European Union

Concerns Over Mercosur-EU Trade Talks Continue
EU's Young Farmers Held Back by Lack of Land, Credit


FAO Food Price Index Up a Notch


Australian Livestock Exporters Cautiously Welcome Reform


Reducing Food Waste Could Help Mitigate Climate Change


France Launches Action on Animal Welfare

   United Kingdom

Hoof Care Tips Part 2: How Does Hoof Damage Occur?
Study Finds Brexit Poses Serious Risks to Farmers

   Congo, Democratic Republic

Chinese Expertise to Help Develop DR Congo's Livestock Production


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