Sydney | Reuters — Australia’s largest private land owner will sell its cattle operations, including the world’s largest ranch and an area equivalent in size to South Korea, to raise cash for other businesses and investments. S. Kidman and Co. said it will sell its privately owned 11 cattle stations and a feedlot, complete with […] Read more
Australia’s largest private land owner to sell cattle business
Clinging to old ways doesn’t work in a rapidly changing world
The beef industry needs to supply what consumers want, support innovation, and encourage new entrants
Reading Time: 3 minutes I’ve long said that the money in the beef industry comes from providing value as the customer defines it. That statement has several sides, of course. It means we value add, which is true. But it also came into play as consumers demanded beef labelled hormone and antibiotic free, local, grass fed, fresh or organic. […] Read more
Brazilian beef exporters weigh WTO case against EU
Brasilia | Reuters — Brazilian meat exporters are considering taking the European Union to the World Trade Organization to challenge restrictions on their beef shipments to one of the world’s top markets, the head of the country’s beef exporters association told Reuters. A new dispute could further harm trade ties frayed by an EU case […] Read more
Oil price plunge will affect Alberta agriculture and the beef sector
The loonie has followed oil prices down and this will impact everything from feeder prices to packing plant utilization
Reading Time: 3 minutes The price of crude oil has fallen a long way since hitting $110 in July 2013 — and the debate on how long this drop will last, and what it will do to the economy, will continue for some time to come. The plunge in oil prices will create winners and losers — the question […] Read more
Brazil exported 3.3 per cent more beef in 2014, industry says
Sao Paulo | Reuters –– Brazil, the world’s top beef exporter, shipped 1.56 million tonnes of meat abroad in 2014, 3.3 per cent more than it did in 2013, industry association Abiec said on Thursday. Volumes exported were near the 2007 record of 1.62 million tonnes. Beef exports by value were a record US$7.2 billion […] Read more
Five-year beef plan seeks boosts in demand, efficiency
A new strategy from national and provincial cattle producer and beef marketing agencies has set five-year percentage benchmarks for the industry’s productivity, added value and cost-effectiveness. Canada’s beef sector groups on Wednesday formally released their National Beef Strategy, a guiding document for “how the organizations can work together to best position the Canadian beef industry […] Read more
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