Japanese food producer NH Foods, which hold extensive meat processing and lotfeeding assets in Australia, has made its first move into South America, buying a Uruguayan beef processing business for about A$180 million. ..Read More
Eight months after Indonesia began importing low-priced frozen Indian buffalo meat, wet market prices have remained stubbornly high at Rp120,000-130,000 throughout. Why aren’t prices coming down?..Read More
MLA’s Global Market Forum in Brisbane on Tuesday gave a room full of industry stakeholders the opportunity to gain some first-hand market insights from MLA’s regional managers across the world. In addition to our stories filed earlier, here are some brief ‘snapshots’ of other topics discussed on the day..Read More
The diversified global nature of JBS’s operations paid dividends with a set of solid results reported for the company’s full financial year. Whereas a year earlier, JBS’s Australian business was one of the star performers, the company’s US beef operations are now benefiting from greater access to slaughter cattle and lower US cattle prices…Read More
When it comes to lending money for beef operations, financial institutions agree there is confidence and a strong appetite for long-term business across the sector – despite the recent softening in cattle values and dry seasonal conditions across large areas…Read More
The winds of change are sweeping through the global beef trade, with significant access relaxations in many key importing countries over their attitudes to risk associated with BSE and Foot & Mouth Disease…Read More
There appears to be a general sentiment that the “new” supply and demand equation which includes Indian beef has reached a point where the instability caused by Indian supply has now been factored into the market (after capturing about 50pc of the business) and is no longer a disrupter to current day to day trading…Read More
Indonesian cattle importers by law feed must feed imported cattle for a minimum of 120 days. How will this work with heavier cattle soon to start arriving?..Read More
A small herd of cattle will play an important frontline role in helping to improve Australia’s protection from Foot and Mouth Disease and other serious biosecurity threats…Read More
Sales of imported beef in South Korea are rising sharply in response to recent disease outbreaks in domestic livestock operations, South Korean media has reported. ..Read More
