Despite global commodity prices being at their lowest levels in years, livestock producers in Egypt face surging input costs on the back of a depreciating Egyptian Pound, according to the USDA’s Foreign Agricultural Service.
US grain commodity futures took a hit on Friday following the Brexit referendum vote, but an economist does not anticipate long term ramifications from the result.
The global outlook for feed prices, which account for 50-70% of poultry production costs, remains bearish, but there is a lot of price variation across markets, finds Rabobank’s poultry quarterly.
Several US companies are set to reportedly reject a new strain of soybean from Monsanto as approval for import of the variety in the European Union lags.
The Agricultural Industries Confederation (AIC), the trade group representing the feed, crop protection, grain and oilseed sectors in the UK, said Brexit would not be in the best interest of its members.
In a change from recent years, Canada has returned to being the US’ top trading partner for agricultural products including animal feed and feed ingredients.
Members of the US Department of Agriculture (USDA) Animal and Plant Health Inspection Service (APHIS) are still in negotiation with Russia after a temporary ban was announced on imports of soybeans and corn.
Archer Daniels Midland (ADM) saw a dip in revenue and gross profit stemming from lower returns across US agricultural exports, the ethanol business and soy crushing globally.
Negotiations for the Trans-Pacific Partnership (TPP) were concluded in the fall, but US feed manufacturers are still waiting for the deal to get final approval.
China’s Ministry of Commerce (MOFCOM) recently announced that it is starting anti-dumping and countervailing duty investigations regarding imports of US distiller’s dried grains with solubles (DDGS).
The American Feed Industry Association (AFIA) has hailed the work done by the US trade representative, Michael Froman, on the Trans-Pacific Partnership (TTP) deal, which was finalized yesterday.
If the commitment of farmers and traders to FEFAC’s new soy scheme yardstick is anything to go by, there could be greater availability of responsibly produced soy in Europe within the next 12 months.
FEFAC, in an effort to avoid any confusion about the status of its draft soy sourcing guidelines, has published a clarification document to make it clear they are recommendations for soy purchasers and not a new responsible soy standard.
The US is exporting record levels of feed grains to South America, on the back of free trade agreements with Colombia and Peru, say latest figures from the USDA Foreign Agricultural Service.
The US feed industry has welcomed a move from the US Senate vote on a motion related to fast tracking the negotiating authority of President Obama in global trade deals.
The US feed and poultry sectors applaud the introduction of bipartisan legislation in the US Senate this week that aims to update and renew Trade Promotion Authority (TPA).
A project underway since February last year aims to standardize the Latin American regulatory framework for the production and commercialization of feed in the region based on Codex and World Organization for Animal Health (OIE) regulations.
Expansion of existing tariff rate quotas (TRQs) on beef, with the hormone ban remaining in place, is likely to be the only modification of agriculture policy by the EU under trade talks with the US, says a policy expert.
The US continues to be the driver in the global beef market with constrained supply and strong demand keeping prices high, but the big question heading into 2015, says Rabobank, is whether a new norm has been reached for prices or whether they still have...
Pork producers in the US, Brazil and Mexico are witnessing record margins, with low feed costs playing a role, according to Rabobank’s pork quarterly for Q4 2014.
Political insecurity in the Black Sea region and a lack of credit flow in Ukraine has hit grain sewing, forcing a leading grain analyst to downgrade its corn output expectations for that country.
There will be a continuing slide in demand for pig feed in the EU this year due to productivity challenges in the sector and cattle feed demand is set to decline on better weather conditions for grasslands and forages production, says trade group.
A bid to streamline the export of US feed ingredients is underway with a new certification process that aims to help manufacturers comply with complex quality protocols in countries such as Brazil and China.
Enhanced cooperation between feed manufacturers and poultry producers could improve efficiency and scale in the supply chain, argues EU poultry trade group AVEC on the back of a study into the competitiveness of that meat sector.
The American Feed Industry Association (AFIA) has welcomed the introduction of the Trade Promotion Authority (TPA) bill that, if successful, would grant the President the authority to ‘fast-track’ trade deals.
Last year, FoodNavigator-Asia reported that new Japanese regulations governing “acceptable” levels of the antioxidant ethoxyquin in fishmeal was destined to become a grave issue for shrimp exporters. Exactly six months later, the effects of this policy...
The UK has become increasingly reliant on imported food and its faith in the long-term surety of the global market is misplaced, according to research released by the Soil Association.
The whole infrastructure of European egg production will be
decimated ifcurrent legislation to improve animal welfare is
allowed to passunhindered into European law, without protection
against importsproduced to lower standards.
