Asia Pacific | Japanese recover appetite for Australian beef Producers in Aus...

Asia Pacific

 

Japanese recover appetite for Australian beef
Producers in Australia say winning back Japanese consumers is crucial to whether cattle prices can recover from their 36 per cent drop since September 2001.

 

Australia Wants to Start Free-Trade Talks With U.S. Next Year, Says Downer
The Australian government wants to begin talks for a free-trade agreement with the U.S. early next year to increase access to the world's largest economy. 

 

Japan beef exports could recover by 2003
A key Japanese industry official predicts Australia's exports to Japan should recover to pre-BSE levels by

 

Americas

 

UPDATE 1-Mexico raises U.S. tariff-free corn import quota
MEXICO CITY, Aug 28 (Reuters) - Mexico said Wednesday it raised the quota for U.S. corn imports by 2,666,925 tonnes to satisfy local demand as stocks of local grain dwindled.

 

USA

 

NCBA: U.S. cattlemen worked toward resolving U.S., Russia poultry dispute

Although this is great news for poultry professionals, some readers of the Meatingplace.com might be surprised to learn that the beef industry also played a role in this breakthrough.

 

Beef-export volume increases, variety meats fall

U.S. exports of beef-muscle cuts were higher during the first half of 2002, compared to 2001, but a decline in beef-variety meat sales pushed total beef exports 3 percent lower to 601,713 metric tons, according to U.S. Department of Agriculture statistics. The U.S. Meat Federation notes that a weak dollar, low U.S. prices and a decline in sales hit the value of U.S. beef exports to Japan. That encouraged lower-priced sales to other markets, such as South Korea. Exports of U.S. Beef-muscle cuts through June were 7 percent higher in volume (397,876 mt) but 5 percent lower in value ($1.229 billion), when compared to the first half of 2001, the USMEF said. Click here to.

 

ConAgra Foods to Sell Meatpacking Arm
An investment group plans to complete its $1.4 billion purchase of ConAgra Foods' meatpacking division next month.

 

Calif. Bids to Halt Wasting Disease
Hunters were asked to stop bringing some deer and elk parts into California to try keep out a brain-wasting disease that has killed game animals in other Western states.

 

ConAgra sees meat deal closing in September

OMAHA, Neb., Aug 28 (Reuters) - ConAgra Foods Inc. <CAG.N>, the No. 2 U.S. food maker, said on Wednesday it sees a September closing for its planned $1.4 billion deal to sell off more than half of its meat operations to a private investor group.

 

More Market Information
USDA cutout value report may benefit cattle producers.