News

MLA market and industry news 18 Apr 2013

Beef Central, 18/04/2013

Meat & Livestock Australia publishes a range of market intelligence updates each week relating to developments in domestic and export demand, red meat marketing initiatives and research and development programs. This a compilation of recent MLA articles with relevance to the beef and cattle sector from the past week.

 

Offal exports jump to China and Russia   

Apr 18

Australian offal exports for the March quarter increased 6pc year-on-year, totalling 37,969 tonnes swt, underpinned by higher cattle slaughter, steady demand from Japan and significantly higher volumes to China and Russia (DAFF). More details click here

 

Brazilian beef exports to Hong Kong increase

Apr 18

Brazilian beef exports surged in the first three months of 2013, up 34pc year-on-year, to 250,546 tonnes swt, with exports to Russia, Hong Kong and Venezuela increasing significantly.  More details, click here

 

Feeder cattle rates lower

Apr 18

Feeder cattle rates eased again this week, as the large supply of cattle continues to place downward pressure on prices. However, quality cattle are still available, with the majority of buyers being very selective in their purchases.

 

Annual Stanthorpe weaner sale

Apr 18

A large panel of buyers from south-east Queensland and northern NSW competed for an excellent quality yarding of 1850 steers and 450 heifers at the annual Stanthorpe weaner sale. More details, click here

 

Skin rates slide

Apr 18

Sheep and lamb skin rates declined this week, largely due to the decline in interest from overseas demand, especially from China and Europe. Crossbred and poorer skin styles have been the hardest hit, with the steady supplies through processing plants expected to keep pressure on prices.

 

US beef production forecast lower in April

Apr 17

US meat and poultry production for 2013 has been forecast lower in April, reflecting reduced corn use  for feed and residual usage in 2012-13. More details click here

HAVE YOUR SAY

Your email address will not be published.

Your comment will not appear until it has been moderated.
Contributions that contravene our Comments Policy will not be published.

Comments

Get Beef Central's news headlines emailed to you -
FREE!