Canfax’s Post

Mexico has been the fourth largest buyer of US beef so far this year. Over the last four weeks, they have purchased an average of 46% more beef than the 3-year average for that period. Feeder cattle imports from MX are up 22% YTD, should we expect lower cattle imports and higher beef sales in Q4 compared to last year?

Trade data released for the month of July showed feeder cattle imports from Mexico over 122,000 head, nearly 50,000 more than a year ago. Year-to-date feeder cattle imports from Mexico rose 170,000 or an increase of 25% versus last year’s levels. The substantial increase this year is due to drought in Northern Mexico, matched with high feeder cattle prices in the U.S. https://buff.ly/4dfK9Gd

The Department of Agriculture (DA) has put an indefinite ban on the importation of live cattle and its byproducts from the United Kingdom (UK) due to a recent case of classical bovine spongiform encephalopathyl #uk #england #britan #cattle #import #export #ban #cow #trade #internationaltrade #foreigntrade #news #dailyinsights

Once, the Cow dung 🐮 in #holland has deteriorated its soil health and environmental health by emitting unacceptable levels of Nitrogen which worsen water quality and increase in air pollution. If the Dung is dumped to India, wouldn't it worsen our environment and water quality? India should not allow import of such things, it is my strong opinion. WHAT DO YOU SAY? Please coment and share #cowdung #saltz

Good article

Did you know that Australia is the 4th largest beef exporter in the world, and around 192,000 people directly employed in the red meat industry, with 52,421 agricultural businesses involved in the cattle industry. RIC has settled more than $639 million in loans for the Australian beef cattle industry since July 2018. In addition to providing low-cost loans to eligible beef farmers in times of financial need to encourage sustainability, RIC loans deliver a flow-on effect to benefit regional community growth and the wider Australian economy. Speaking of beef, you can catch RIC at the upcoming Beef Australia trade fair in Rockhampton, QLD from 5 - 11 May 2024. Find us in the Walter Pierce Pavillion at the Australian Government stand, stalls W82, W83, W84. To learn more about RIC loans visit ric.gov.au/loans To read more about RIC's value and positive contribution to strengthen the agricultural industry and Australian economy, visit https://bit.ly/3T0JFNl #BeefAustralia #AustralianGovernment #AgricultureIndustry #InnovationInAg #FarmersOfAustralia #BeefIndustryEvent #AustralianAgribusiness #RICloan #AgricultureInnovation #AustralianFarmers

After a challenging 2023, the Australian cattle market has made a strong comeback in 2024. 🎉 With the beef herd now reaching maturity, more beef is available for both domestic and international markets. This has driven higher cattle prices and increased export volumes, showcasing the resilience and strength of the industry. At ImpexDocs, we’re committed to supporting Australian cattle exporters with efficient solutions to improve their processes. 🌏 #Exporters #Trading #GlobalMarket

After a challenging 2023, the Australian cattle market has made a strong comeback in 2024. 🎉 With the beef herd now reaching maturity, more beef is available for both domestic and international markets. This has driven higher cattle prices and increased export volumes, showcasing the resilience and strength of the industry. At ImpexDocs, we’re committed to supporting Australian cattle exporters with efficient solutions to improve their processes. 🌏 #Exporters #Trading #GlobalMarket

Each Friday my weekly insights and thoughts on the cattle market will be available to read on the Legacy Livestock website. I'll be looking at prices, supply, demand, weather and other key fundamental drivers of the market and their influences. Last week's article can be read via the link below. Thanks for having me on, Richard Brimblecombe Sophia Benedetti CFA, GAICD Nick Davison #riskmanagement #cattle #prices #markets #StoneX

Cattle producers pledge to maintain the 35 million acres of native grassland in the care of beef producers as part of the Canadian Beef Goals 2030. Learn more: https://lnkd.in/ecjKUQrv