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Grain prices will affect meat trade

US feedlot finishers will see surge in feed costs if grain price increases are sustained. In Ireland we think of grass as the staple feed of our livestock and dairy sectors, with grain the feed used in the intensive pig and poultry meat sectors. However, grain is an essential feed for beef produced in both the US and Australia, two of the top three global beef exporters, each trading over 1m tonnes. The same applies to Canada, which exported 409,000t of beef in 2019. Grain-fed beef is premium ...
United States New Zealand South Korea Us Meat Exporters Federation South America South American

Global report: stories from around the world

China – beef imports to hit 3.1m tonnes in 2021 The US Department of Agriculture (USDA) is forecasting that China will import 3.1m tonnes of beef in 2021 as the country continues to rebuild domestic meat production. The USDA expects Chinese meat production to grow 14% in 2021 to hit 47m tonnes. US – meat exports fall in January US beef exports for the month of January stood at just over 105,000t, which is down 2% on the same month last year. US pork exports also struggled in January, fallin...
Us Department Of Agriculture Global Trade Beef Exports Beef Imports Department Of Agriculture Ius Beef

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