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Wednesday 26th September 2012 |
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Welcome to this week's newsletter
Editorial: Beef Supplies Likely to Remain Tight
Last Friday, the USDA released the number of cattle on feed on 1 September 2012.
The numbers are markedly lower than pre-report predictions and clearly reflect the impact of this year's drought.
Total inventory of cattle on feed was 10.637 million head, 63,000 head or 0.6 per cent lower than a year ago.
Whilst August generally tends to see above-average placements of cattle, large drought induced placements in July saw numbers in August much lower than many expected.
Placements in feedlots during August totalled two million, 11 per cent fewer than in 2011. This is the second lowest cattle placements for the month of August since the National Agricultural Statistics Service began the series in 1996.
Prior to the publication of the report, analysts were expecting placements to be down by 7.3 per cent on average.
Record-high feed costs will be influencing decisions to place cattle on feed, and many will be keeping calves out of the feedlot for as long as possible to minimise costs.
Pressure on feeder and packer margins saw the number of cattle marketed at 1.96 million - five per cent below 2011 and much lower than the most pessimistic pre-report forecasts.
On top of this, imports of fed cattle, which have been compensating for a drop in US production, are likely to fall in coming months. The drought in Mexico has been the main driver for increased imports but this is expected to slow down in coming months.
With this in mind, the question many are asking is how will feedlots maintain feedlot inventories?
Industry forecasts indicate that cattle and beef supplies will become even tighter over the coming months.
Charlotte Johnston, Editor
We have 5 new features this week:
GLOBAL POULTRY TRENDS 2012 - Little Growth Forecast in Europe's Human Population
As population growth in European countries is forecast to be modest in coming years, any increase in chicken consumption will depend on real income growth, changes in the price differentials between chicken and other meats and shifts in social attitude to eating, according to Terry Evans in his latest forecast for trends in chicken meat consumption in the region.
Meat and the Environment - Future Directions
The need for sustainable food production from animals is paramount to future resiliency and viability of the agri-food sector in many parts of the world, Karin Wittenberg from the National Centre for Livestock and the Environment at the University of Manitoba told the International Congress of Meat Science and Technology in Montreal, Canada.
Antibiotic Resistance in Campylobacter Raising Concerns
High levels of resistance to ciprofloxacin in Campylobacter found in chicken, pigs, cattle and children in Mexico preclude the use of fluoroquinolones for the treatment of human campylobacteriosis there, according to new research.
Irish Milk Market Outlook
The prospects for Irish dairy exports are good for 2012, but prices will probably not be as high
as in 2011. Exports increased by up to 17 per cent and output increased by three per cent. EU prices were generally
higher in 2011, and the Fonterra price for whole milk powder increased by seven per cent following a rise of 40 per cent in 2010, according to an outlook by the Irish Ministry of Agriculture.
Salmonella and Campylobacter in Poultry
Papers presented at the Poultry Science Association Annual Meeting in July 2012 reviewed current understanding of Salmonella and Campylobacter contamination of poultry carcasses and compared Salmonella prevalence rates of raw chicken in different countries.
» USDA GAIN: Mexico Livestock and Products Annual 2012
» Irish CSO: Agricultural Price Indices - July 2012 Review
» USDA GAIN: Iraq Poultry and Products Annual 2012
» USDA Livestock Slaughter - September 2012
» USDA International Egg and Poultry - 18 September 2012
» UK Slaughter Statistics - September 2012
» USDA Dairy Products - 19th September 2012
» USDA Milk Production - September 2012
» USDA Catfish Processing - September 2012
» USDA Catfish Feed Deliveries - September 2012
» USDA GAIN: China Poultry and Products Annual 2012
» USDA GAIN: Egypt Livestock and Products Annual 2012
» USDA Poultry Slaughter - 24 September 2012
» USDA International Egg and Poultry - 26 September 2012
Meyn Names New Global Sales Director
GLOBAL - Meyn Poultry Processing Solutions has appointed Scott Russell to Global Sales Director.
» Nearly All Food Service Chicken is Imported
» Farmers Appeal to Retailers over Rising Costs
» Volatility Impacts Irish Food Export Values
» No Rebuild for Olymel Princeville Plant
» Helping the World Savour Canadian Agriculture
» Government Invests in Alberta Meat Processor
» Sask Pork Calls for More Hog Loans
» King Island Forum to Tackle Cattle Transport
» Mixed Outlook for Australian Beef Exports
» Australian Forum Aimed to Elevate, Prosper, Grow
» Indian Buffalo Meat Exports Grow to Record Levels
» Hedging Dairy Prices to Lower Risk
» Strategic De-Stocking Guidance for Pig Producers
» UK Cattle Slaughtering Down
» Pig Producers Want 170p
» Top Chef's Seal of Approval for Quality Standard Beef
» Understand What Consumers Want to Improve Fish Sales
» Does Higher Welfare Mean Better Nutrition?
» US Meat Exports Down Year on Year
» Agflation to Push Food Prices Up 15 Per Cent
» FSIS Clarifies Young Chicken Carcase Sampling Rules
» EU Welcomes Trade Talks with Japan
» FSIS to Redesign E. coli Testing Programme
» USDA Expands Drought Assistance to 22 States
» Scientists, Farmers Call for End to Antibiotic Use
» DuPont Joins AvidBiotics on Food Safety Technologies
» CME: Meat Price Inflation Outpacing Food Price Inflation
» Beef Checkoff Outlines 2013 Investments
» US Exports More Chicken Paws, Feet
» Research Powerhouses Join Forces
» ConAgra Consumer and Commercial Food Sales Up
» Hog Outlook: Pork, Live Hog Demand Down in July
» USDA Urged to Withdraw Poultry Slaughter Proposal
» Record Beef Prices Reduce Export Demand
» New Food Safety Guide for Smaller Processors
» Nominations for Pork Checkoff Board of Directors
» National Beef Quality Audit - Phase 2
» CME: Panic Over World Shortage of Pork Story in US
» Ukraine Increases Rate of Pork Production
» FAO and OIE Work on Formal Accord
» International Coordination Stabilising Food Prices
» Viet Nam Hog Markets
» Europe's Pork and Bacon Supply is Contracting Fast
» EU Agencies Support Rare Salmonella Stanley Incident
» EU Pig Prices: New Annual High is Reached
» Cargill DSM Talks over Cultures and Enzymes Business Sale
» AVEC: Most Successful Meeting Ever
» AVEC: EU Poultry Meat Serves Consumers' Wellbeing
» Argentinian Beef Exports Down in July
» Stunning Salmon: Focus on Welfare, Quality
» Researchers Tackle Boar Taint with Artichoke
» XyRex Appoints Agent for Iceland
» 2013 Welfare Conference: Call for Abstracts
» First ASC-Certified Pangasius for Holland
» IFFA 2013: No. 1 Show for Meat Industry
That's all for this week!
Ed.
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