HighGround Dairy’s Post

According to the United States Department of Agriculture (USDA), global chicken meat exports are expected to reach at least 14 million tons next year, marking a 2.91% growth compared to this year’s exports.  In this scenario, Brazil is projected to account for 36% of worldwide exports, with the United States (the world’s second-largest chicken meat producer) responsible for 25%.

Poultry markets rebounding amid tough trade conditions 5 September, 2024, AM The outlook for global poultry markets is improving, driven by accelerated growth in poultry meat consumption (+1.5-2%) and supply growth. According to Rabobank’s Global Poultry Quarterly Q3, markets are moving toward more ‘normal’ conditions after four years of disruption. Demand for value-added poultry products is recovering with rising spending power and lower costs. Most of this growth has been driven by strong local conditions rather than trade, particularly in Southeast and South Asia. Lower feed prices have made chicken more affordable, supporting demand recovery. The main exceptions are China and Japan, where the industry has experienced overly ambitious growth rates above 3% this year, negatively impacting local profitability. Due to shifts in trade flows, global trade will become more competitive. Rising production, low prices, and sharply dropping imports will impact international trade in China. Rabobank expects the US, Brazil, and Russia to seek alternative markets to offset reduced Chinese trade. “A continued focus on operations will be needed. Feed costs have reached their lowest point, and grain prices have started rising. A strong emphasis on procuring feed ingredients and optimizing feed formulations will be necessary, particularly considering the risk of a La Nina season, which could affect grain producers,” Rabobank suggested. #chickennews #poultry #chicken

Due to the decline in raw milk prices and the high cost of feed, the profitability of upstream raw milk enterprises has been significantly impacted. (Here are the performance results of five upstream dairy farming enterprises for the first half of 2023.) In the first half of 2023, the average price of raw fresh milk in China's main dairy-producing provinces was 3.96 yuan per kilogram, a decrease of approximately 5.7% from 4.20 yuan per kilogram in mid-2022. Meanwhile, the prices of soybean meal and corn in China remained high, with average prices increasing by 4.8% and 1.4% year-on-year compared to mid-2022. The average landing price of imported alfalfa hay was $573.43 per ton, an increase of 23.5% from mid-2022. Faced with market fluctuations, upstream dairy farming enterprises are more susceptible to uncertainty and impact. As the foundation of the dairy industry, upstream farming not only affects the operations of numerous dairy farmers but also significantly influences the overall supply and demand of dairy products and the direction of dairy industry development. In this regard, all enterprises across the dairy industry value chain share the responsibility of bearing these risks. #Finance #Dairy #Animalhusbandry

Get ready for a deep dive into the U.S. Dairy Market Outlook for 2024 and 2025! In this video, we break down the latest USDA report, highlighting key developments in milk production, price adjustments for dairy products, and the impact of international markets. Discover how factors like feed costs, labor availability, and global demand shape the dairy landscape, and what it means for producers and consumers alike. With insights into rising and falling prices for butter, dry whey, and nonfat dry milk, this report is essential viewing for anyone interested in the future of U.S. dairy. Don't forget to like and share if you found this information helpful! #DairyMarket #USDA #DairyOutlook #Agriculture #MilkProduction #DairyPrices https://lnkd.in/d6AyCbxe

The biggest impact of beef x dairy production is the blurring of the historical demarcation between beef and dairy sectors in the U.S. https://lnkd.in/em8fY9dq

GB milk deliveries continue to follow the 2022 year up to the 2nd November. 🌽 The latest stats on feed use shows that as of the period July-September: Dairy Compound use is down 0.8% on last year and 2.3% down on the 2022 year. Where we do see the big shift is Dairy Blends. These are up 8.9% on last year and 9.7% up from 2022. Most of this lift has been in September. Blend sales are up 12.8% on last year and 2.5% up on 2022. Straights are up 29.2%. It's not possible to say how much of this is going to dairy, but it's likely a reasonable amount. This mostly explains the large rise we saw in September (around day 170 of the milk year). Assuming that there are around 1.5m cows in milk at this time of year a 0.5 litre rise in milk would equate to 0.75m litres per day. It doesn't take much to turn on the milk tap. October feed use is likely to report higher again. 💷 Milk prices are looking more cheerful at home, and a positive GDT auction with a headline of +4.8%. Average prices are around the 42ppl mark, with Arla showing the way at over 45ppl. AHDB Feed Use: https://lnkd.in/gjEM-SaC Milk chart: https://lnkd.in/eUmP-Z7f GDT: https://lnkd.in/eqZivmmi #dairy #farming #milk #agriculture #dairyfarming

🌱 𝐓𝐡𝐞 𝐞𝐱𝐩𝐨𝐫𝐭𝐬 𝐨𝐟 𝐯𝐚𝐫𝐢𝐨𝐮𝐬 𝐚𝐠𝐫𝐢𝐜𝐮𝐥𝐭𝐮𝐫𝐚𝐥 𝐜𝐨𝐦𝐦𝐨𝐝𝐢𝐭𝐢𝐞𝐬 𝐬𝐡𝐨𝐰𝐞𝐝 𝐩𝐨𝐬𝐢𝐭𝐢𝐯𝐞 𝐠𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐅𝐘 𝟐𝟎𝟐𝟑-𝟐𝟒.  Tobacco exports grew by 19.46%, followed by fruits and vegetables (13.86%) 🍎, meat, dairy & poultry products (12.34%) 🥩, spices (12.30%) 🌶️, cereal preparations & miscellaneous processed items (8.96%) 🥣, oil seeds (7.43%) 🌻, and oil meals (7.01%) 🛢️. This growth is beneficial for exporters as it highlights increasing global demand for these products, opening opportunities for expanding market share and improving profitability .  Additionally, exporters can capitalize on this trend by focusing on maintaining high-quality standards and competitive pricing. 𝐎𝐮𝐫 𝐔𝐒𝐏 𝐢𝐬 𝐢𝐧𝐭𝐨 𝐞𝐱𝐩𝐨𝐫𝐭𝐢𝐧𝐠 𝐚𝐠𝐫𝐨 𝐩𝐫𝐨𝐝𝐮𝐜𝐭𝐬. 𝐂𝐨𝐧𝐧𝐞𝐜𝐭 𝐰𝐢𝐭𝐡 𝐦𝐞 𝐚𝐭 𝐩𝐫𝐢𝐭𝐢@𝐫𝐮𝐬𝐡𝐚𝐛𝐡𝐬𝐞𝐚𝐥𝐢𝐧𝐤.𝐜𝐨𝐦 𝐟𝐨𝐫 𝐲𝐨𝐮𝐫 𝐬𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐫𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭𝐬.  #RushabhSealink #Agriculture #Exports #GlobalTrade #CommodityGrowth #Exporters #Profitability #SupplyChain

Increasing meat prices and small upticks in vegetable oil and cereal pushed the benchmark index for world food commodity prices up 0.3 points in April, the Food and Agriculture Organization (FAO) of the United Nation reported. → https://ow.ly/fRyJ50RvRWx #agriculture #agribusiness #grain #food