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Meat Market Update | Higher prices result in lower sales volume

2015-03-05 17:01:00| Beef

The Choice box beef cutout jumped $2.86 this week in price, but the volume was the lowest non-holiday week in well over a year. During the previous week, trade saw slightly higher prices with sales volume that jumped and was higher in every category. However, this week's much higher prices brought lower sales volume in every single category. Ed Czerwien, USDA Market News Reporter read more

Tags: result sales market prices

 

CME: 2015 Total Meat Production Up So Far

2015-03-04 01:00:00| ThePigSite - Industry News

US - The production stories of the three major meat protein species are considerably different so far in 2015. Total meat and poultry production (including also turkey) so far this year is up 2.1 per cent from one year ago but none of the individual species number is even close to that average, write Steve Meyer and Len Steiner.

Tags: total production meat cme

 
 

CME: Is Meat and Poultry Demand Softening

2015-03-03 01:00:00| ThePigSite - Industry News

US - Is meat and poultry demand softening after a strong two year run? That is a very important question being posed by analysts as they try to look at these markets going forward. As DLR readers know, virtually every metric points to the strength of demand over the past two years but what is it doing now? write Steve Meyer and Len Steiner.

Tags: demand meat poultry cme

 

Romanian Meat Industry Expects VAT on Meat to be Cut

2015-02-27 01:00:00| ThePigSite - Industry News

ROMANIA - Following efforts by the Romanian Meat Association (ARC) which has been calling on the country’s government to reduce the value-added tax (VAT) on meat, the recently released new draft of the country’s Tax Code states that the VAT on meat, fish, vegetables and fruit will be lowered 24 per cent to nine per cent starting in 2016.

Tags: industry cut meat vat

 

Meat Market Update | Choice cutout gains ground ahead of spring grilling season

2015-02-26 18:40:00| Beef

News regarding the Choice box beef cutout was positive in all respects. The Choice cutout was higher with improved volume in all segments on the heels of the steady improvement that we have been watching on the daily cutout during the last week. Ed Czerwien, USDA Market News Reporter read more

Tags: market update choice ground

 

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