The number of Americans who describe themselves as meat eaters (80pc) and the number of households that purchase meat (98pc) remain steady from last year, while the number seeking to decrease meat consumption has declined by 20pc since 2020, according to an important annual consumer survey released yesterday. Many of the findings are equally relevant to the Australian consumer market ..Read More
Beef Central, 20/03/2024There’s been a solid rise in domestic wholesale beef prices recently, with many popular cuts and grinding meat now 15-20pc higher in value than they were in December. That’s come despite a sharp rise in production during February and early March, with some recent weekly national beef kills hitting four-year highs above 128,000 head…Read More
Brazil and a group of other smaller exporter countries servicing the US export beef market under the US’s ‘Other Country’ beef quota have in recent days filled their tariff-free entitlement for the 2024 year. It means that in order to continue to service the US market for the remainder of 2024, Brazil will have to pay an out-of-quota tariff of 26.4pc on all shipments, reducing their competitiveness against other exporters like Australia and NZ…Read More
Jon Condon, 06/03/2024Australia’s expanding beef production this year is reflected in February exports, which were up more than 23,000t or 33pc on the same period last year…Read More
Beef Central, 04/03/2024Two red meat items are included in the latest round of retail price cuts made on more than 400 food and grocery items by national supermarket giant, Woolworths. ..Read More
Beef Central, 01/03/2024After considerable delays, Australian beef exporters have started loading frozen beef and offal consignments for Indonesia this week, following the issuance of 2024 import permits by the Indonesian Government on Thursday,..Read More
Jon Condon, 29/02/2024Queensland meat retailer Peter Augustus Craft Butcher claimed the beef division crown in the Australian Meat Industry Council’s National Sausage Kings competition decided over the weekend. Independent butchers from NSW, Queensland, South Australia and Tasmania shared this year’s six National Sausage Kings crowns, presented during a glittering dinner at Twin Waters Resort on the Sunshine Coast on Saturday night…Read More
Beef Central, 27/02/2024Markets intelligence service provider Argus is hosting a beef export forum in Brisbane next month, focused on risk management tools including the Stonex feeder steer swaps product and recently-released meat pricing tools for use in the Australian beef export market…Read More
Beef Central, 26/02/2024There’s been a surge in imported manufacturing beef prices into the US in what some market participants are interpreting as early signs of supply stress, due to the effects of the US beef herd sinking to 40-year lows due to drought. What’s driving it?..Read More
Beef Central, 19/02/2024The global shipping industry has experienced a significant surge in rates over the past couple of months, as a result of the Red Sea crisis. Three months into this crisis, container leasing rates on the China-US trade route have surged dramatically – in some cases tripling in value…Read More
Beef Central, 15/02/2024Australian beef exports for January have had their strongest start for the year since the 2019-20 drought period, when slaughter activity went into overload…Read More
Beef Central, 05/02/2024The humble sausage will be celebrated in all its glory when the annual National Sausage Kings competition returns to Queensland later this month…Read More
Beef Central, 02/02/2024