TheMeatSite Newsletter - 19 October

TheMeatSite Weekly Newsletter

Wednesday 19th October 2011

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Welcome to this week's newsletter

Editorial: Bright Prospects for Global Poultry Industry

The global poultry industry is looking forward to bright prospects according to a new report from Rabobank.

The report ‘Crossroads for Growth: The International Poultry sector towards 2020’ says that the outlook is hopeful despite the current turbulent environment and the challenge of meeting a 30 per cent rise in global demand in the next decade.

It says that players from Brazil and other emerging markets have started to become more international and to diversify the global poultry industry as markets in Europe and the US become saturated.

The result is a changed competitive environment, with new players entering new markets and equity players taking up positions in the industry hoping to benefit from the opportunities.

August was another outstanding month for US pork and beef exports, according to the latest statistics released by USDA and compiled by the US Meat Export Federation (USMEF).

Pork exports reached their highest monthly volume of the year at 186,068 metric tons, and the second-highest value total of all time at $531.2 million. Beef exports set an all-time monthly value record at $514.2 million on a strong volume of 116,405 metric tonnes. Both pork and beef exports are on pace to set new value records in 2011 and to eclipse the $5 billion mark for the first time ever.

In China, a scandal over the mislabelling of pork as organic at the supermarket chain Wal Mart has seen the resignation of the Chinese CEO, Ed Chan.

The company, which recently celebrated its 15th anniversary in China, closed more than a dozen stores in central China last week following allegations they sold regular pork as organic pork over the past two years.

Chris Harris

This Week's Feature Articles

We have 8 new features this week:

Bleak Picture for Russian African Swine Fever Situation
Major concerns have been raised over the potential for African Swine Fever that was first discovered in Georgia and has now spread to Russia to spread to other countries in Europe, writes TheMeatSite Editor in Chief, Chris Harris.

GLOBAL POULTRY TRENDS - Asia Takes a Bigger Share of Global Output
Despite some discrepencies in reporting and disease challenges, it is likely that the Asian region will account for an even larger proportion of global chicken meat production this year, writes industry watcher, Terry Evans in this, the first part of his analysis of the chicken industry in Asia in 2011.

Global Beef Trade Boosted by Ongoing Tight Supplies
The latest analysis of the Global and European beef market undertaken by Bord Bia shows that to date in 2011, beef supplies in most key exporting regions have tightened, particularly across South America, according to Peter Duggan from the Strategic Information Services at Bord Bia.

World Agricultural Supply and Demand Estimates
The forecast of total red meat and poultry production is raised, reflecting higher beef, pork, and turkey production, but lower broiler production according to the latest World Agricultural Supply and Demand Estimates for October.

International Meat Review - 29 September 2011
The number of market hogs and pigs in the US increased by 3.2 per cent in thelast quarter to September compared to the previous quarter and by one per cent over a year according to the USDA.

Canada - Poultry and Products Annual - 2011
Under the country's supply management system, a small increase in chicken production and a continuation of the flat turkey market are forecast in the latest GAIN Report from the USDA Foreign Agricultural Service.

People's Republic of China - Poultry and Products Annual - 2011
Broiler meat production in 2012 will continue modest growth, rising nearly four per cent to 13.8 million metric tons (MMT) from an estimated 13.2MMT this year, according to the latest GAIN Report from the USDA Foreign Agricultural Service.

UK Poultry and Poultry Meat Statistics - September 2011
Both broiler and turkey slaughterings rose in August according to the figures from Defra's UK Hatcheries Survey and Poultry Slaughterhouse Survey.