TheMeatSite Newsletter - 29 June 2011

TheMeatSite Weekly Newsletter

Wednesday 29th June 2011

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Welcome to this week's newsletter

Editorial: G20 Fights Agricultural Price Volatility

At the G20 Farm Ministers meeting last wek, 20 of the most powerful economies in the world agreed an action plan to fight against the volatility of agricultural prices.

Together, the G-20 nations committed to increasing agricultural production through use of improved practices and technologies and a commitment to new and expanded research and development.

Meanwhile, the European Commission (EC), FAO, the International Fund for Agricultural Development (IFAD) and the World Food Programme (WFP) have signed a new Strategic Framework of Cooperation to increase the capacity of the international community to deliver effective, coordinated, timely and sustainable support to food security and nutrition in Rome this week.

By joining forces, the four partners are seeking to achieve higher collective impact on the world's food security.

The Strategic Framework of Cooperation highlights the key priorities for food security and nutrition where all four partners will work together particularly on the basis of their converging objectives and mandates.

This week there were moves for the beef trade between Canada and South Korea to reopen.

However, the opening up of the market for Canada has struck a sour note with the US beef industry, which is putting more pressure on the governemnt to ratify a free trade agreement with the Koreans.

There is concern that the US will be left behind as more markets are opening up to other meat exporting nations.

Chris Harris

This Week's Feature Articles

We have 5 new features this week:

Reducing the Carbon Footprint of Food Production
The UK's Low Carbon Transition Plan calls for an 18 per cent reduction on the 2008 levels of greenhouse gas emissions, which stood at 610 million tonnes of CO₂ equivalent, writes Chris Harris.

Polish Breeding Herd and Pig Numbers Fall Sharply (June 2011)
By Chris Harris, Editor-in-Chief of TheMeatSite. Our snapshot of the ongoing global pig industry trends as reported in June 2011 Whole Hog Brief. To read the full detailed analysis, including all the commentary and graphical data, subscribe to the publication.

Exporting Brazilian Beef To The EU
Murilo Quintiliano from FAI Farms, Brazil, gives TheMeatSite his opinion on the trade of beef between Brazil and Europe, as well as the many criticisms, which Brazilian beef has received from some EU countries.

OECD - FAO Agricultural Outlook 2011-2020
Global commodity prices are expected to fall from their 2010/2011 levels but the markets are also expected to remain volatile according to a new report from the OECD and FAO prepared for the G20 meeting in Paris this month.

International Meat Review - 9 June 2011
Austrailian beef exports fell last month, year-on-year according to the USDA's Internationa Meat Review.