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TheBeefSite Newsletter - 25 June 2014

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TheBeefSite
Wednesday 25th June 2014.
Michael Priestley - Editor

Michael Priestley
Editor


Is Indian Buffalo Meat Answer to Global Beef Demand?

Indian buffalo could be the cheap answer to the global demand for bovine meat.

With tight cattle supplies globally, the stream of buffalo meat coming out of India to feed the demand in the Middle East and North Africa and in parts of South East Asia is helping to ease the situation according to market analyst Richard Brown from Gira.

Speaking at the recent World Meat Congress, Mr Brown said that the tight supplies have been produced by a mixture of drought and high feed prices in the US in 2012.

The fall in US production and rise in prices have had an impact on other markets around the world.

In Europe, beef production has also fallen because of a reduction in the dairy herd caused by the quota system for milk.

Production in Australia has also been hit by drought and while Brazil has a beef herd of about 180 million head, productivity is below that of the US.

While consumption is also falling in regions such as the US and Europe, demand is growing in developing nations such as China and much of the Indian buffalo beef is finding its way to China through countries such as Viet Nam, according Mr Brown.

He said that the production of buffalo beef in India is gently rising reaching 1.8 million tonnes and this bovine meat is being channelled into the export market.

However, Mr Brown also questioned whether this continued growth is sustainable despite the large quantities of buffalo available in India.

Mr Brown forecast good prospects for the global beef sector despite the problems recent difficulties in the US, Europe and Australia as worldwide consumers are spending more on beef and with falling feed prices, the end of the milk quota system in Europe and improving weather conditions supplies are expected to rise.



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This Week's Articles and Analysis

Food Loss: Questions About the Amount and Causes Remain
Two-thirds of the 133 billion pounds (5.9 million tonnes) of food loss in the US in 2010 occurred in homes, restaurants and other place outside the home, and one-third occurred in grocery stores and other food retailers, according to a new report from the USDA Economic Research Service. The authors outline some strategies to reduce these losses.

What Will Drive the Next Beef Herd Expansion?
The practicalities of US herd expansion, and some of the main constraints, are explored by Dr. Kenny Burdine and Dr. Greg Halich, University of Kentucky.

Preventing Baleage Spoilage
Indicators such as bale density and forage moisture can be used to monitor bale quality, according to advisers at the University of Maine.

How Strong Are US Beef Exports?
Beef prices are at record high levels, the beef production is down six per cent, but beef exports remain strong.

Market Reports

USDA Cold Storage - 23 June 2014
EBLEX Cattle Weekly - 20 June 2014
Irish CSO Reports: Livestock Slaughterings May 2014
USDA Cattle on Feed - 20 June 2014
USDA Livestock Slaughter - 19 June 2014
Irish CSO Reports: Crops and Livestock Survey June Final Results - June 2014

Global Beef Industry News

   United States

Cattle Futures: Prices Soar to Contract High, Tuesday
Three Truths about Public’s Perception of Genetic Modification
The Two R’s Of Maintained Pasture
Environmental Measures to Turn Farmers Away From Conservation
Mintrex Celebrates 10 Years in Global Trace Minerals Market
Cattle Futures: Bulls Rebound, Monday
Meat, Poultry and Fish Account for 30 Per Cent of US Food Waste
CME: Dramatic Shifts in US Livestock Market
Weekly Cattle Summary: May Placements Down Seven Per Cent
New Mobile App Enhances Vet Certificate Submissions
Cattle Futures: Strong Gains Posted by August Contracts, Thursday
Strong Throughput and Quality in Australia, Friday
Hong Kong Market Reopens to US Beef
Invasive Weed Causing Hay Headache
Transatlantic Trade Deal Must Be Backed by Agriculture

   Canada

Senate Recommendations to Help Competitive Position of Canadian Agriculture
Report Outlines Nineteen Steps for Canadian Competitiveness

   United Kingdom

Red Meat Industry Contributes Over £2 billion to Scotland’s Economy
The Year to Go To Livestock Event
More Cattle Slaughtered in May

   China

China Serves up New Food Safety Penalties

   Colombia

Colombians Extend FMD, Brucellosis Vaccination

   European Union

EU Becomes World's Largest Agri-food Exporter

   Global

Thorny Issues Revealed in US-EU Trade Talks

   Australia

Falling Agricultural Output Forecast for Australia

   India

Government Calls for Stop on Antibiotics in Indian Animal Feed
Indian State Hikes Agri Budget
FAO India Head Calls on Agriculture Minister, Discusses Farming, Animal Health Issues

   New Zealand

Dairy Sheep Idea to Push Tri-Use Animal

Events/Promotions

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VIV Europe Digital 2014
Livestock Event 2014 - 2nd & 3rd July The NEC, Birmingham, UK
VIV China 2014

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