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Australia frozen boxed beef: Processing recovers

  • : Agriculture
  • 25/03/14

Many processors in southeast Queensland are focused on recovering lost production after Tropical Cyclone Alfred. Trading across beef trim and most cuts was subdued as potential trade tariffs weigh on markets, and second-quarter negotiations continue between Australian processors and Asian customers.

The Port of Brisbane and all processors in southern Queensland and northern New South Wales (NSW) have resumed trading and restarted cattle processing. They lost processing days because of the cyclone's landfall, power outages, container shortages, labour mobility constraints, and limited shipping availability. Processors are scheduling extra weekend shifts and prioritizing grain-fed orders to reduce feedlot backlogs. They are also taking stock rather than offering volumes of some products, such as Australian 65CL frozen beef, because of limited unsold volumes.

Cow prices at Queensland's major saleyards, Roma and Dalby, fell because of lower demand for grassfed cattle. Cows weighing 500-600kg at the Roma store sale sold at an average of 276A¢/kg. The lower demand is expected to be short-lived, especially as southern processors are already sourcing cows from Queensland paddocks.

US demand continues to lead most lean trim prices, but sales to Canadian importers emerged this week, including some loin sales. This is in response to US tariffs, with a significant movement by Canadians to boycott all US-manufactured products, including beef, market participants said. Australia's competitive prices compared with US domestic beef are also making it an attractive option for Canadian consumers.

The Australian 85CL frozen beef price fell by A$0.19/kg to A$9.42/kg. Bids, offers, and trades ranged from A$9.20/kg to A$9.94/kg. Offers fell below A$10.00/kg for the first time in a few weeks.

The Australian 100-day grainfed navel end brisket price rose by A$0.52/kg to A$9.98/kg, offsetting the previous week's decline. Bids, offers, and trades ranged from A$9.51/kg to A$10.20/kg. This cut is being sold to Japan because of peak season demand for thin slice. The Australian 100-day grainfed chuck roll price rose by A$0.18/kg to A$12.14/kg. Bids, offers, and trades ranged in A$11.30-12.67/kg, with Korean buyers accounting for most of the volume.

Chuck roll and navel end brisket are two cuts that US processors export in large quantities to Asia. Market participants say that any further trade barriers with China could divert these cuts to other countries in southeast Asia.


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25/03/17

Early signs of trouble for US winter wheat

Early signs of trouble for US winter wheat

St Louis, 17 March (Argus) — Drought conditions, above average temperatures and high winds are reducing the outlook for US winter wheat through the southern and central plains regions. Crop conditions for key US winter wheat producing states were mixed at the end of February 2025. In Oklahoma and Texas, two states that account for approximately 20pc of total US winter wheat acres, the percentages of the crop rated in good-to excellent condition were down 12 and 35 percentage points, respectively, from a year before, according to US Department of Agriculture (USDA) data. Colorado and Montana, which account for about 14pc of US winter wheat acres, saw the crops good-to-excellent ratio increase 11 and 22 percentage points from the prior year, respectively. Kansas, the largest winter wheat state by acreage, saw the crops good-to-excellent ratio reach 54pc, down slightly from the prior year's level, because of developing drought conditions. Since the USDA's last crop condition update, drought conditions in Kansas have continued to intensify with precipitation totals for central and western parts of the state at 5pc or less of the historical average during the 30-day period ending 16 March, according to National Oceanic and Atmospheric Administration (NOAA) data. In addition to increasing drought, above average temperatures have resulted in the states hard red winter wheat crop breaking dormancy by as much as a month ahead of normal, according to market sources, increasing the risk that future weather events could cause significant damage. NOAA forecasts Kansas will receive limited snow accumulation and winds in excess of 70 miles per hour over the week ahead, the combination of which could result in significant damage to the crop as it breaks dormancy. The USDA will provide the next US state winter wheat crop conditions update at the start of April. The report's data could prove supportive for US wheat prices if it indicates substantial damage has occurred to US winter wheat acres. By Ryan Koory Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

Brazil's Mato Grosso corn sowing nearly finished


25/03/17
25/03/17

Brazil's Mato Grosso corn sowing nearly finished

Sao Paulo, 17 March (Argus) — The 2024-25 winter corn planting reached nearly 99.5pc of the expected area in Brazil's central-western Mato Grosso state, which is roughly in line with the total sowed a year prior. That is the first time this season's progress is ahead on the year, following a delayed start this cycle and quick 2023-24 planting. Works advanced by 3 percentage points in the week ended 14 March, according to regional agricultural institute Imea. The five-year average for this time of the year is of 96.9pc completion. Soybean The 2024-25 soybean crop is 97.3pc harvested as of 14 March, an advancement of 5.5 percentage points on the week. That is ahead of the 95.6pc harvested at this time a year ago for the 2023-24 crop and above a five-year average of 93.2pc. Cotton Mato Grosso completed the 2024-25 cotton sowing as of 28 February, but harvesting is yet to begin. Activities usually start around mid-June, according to Imea. By Nathalia Giannetti Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

Argentina’s Bahia Blanca region faces more storms


25/03/17
25/03/17

Argentina’s Bahia Blanca region faces more storms

Sao Paulo, 17 March (Argus) — The Argentine city of Bahia Blanca was bracing Monday for more stormy weather, 10 days after a deluge that resulted in a reported 16 deaths, flooded fields in agricultural areas and shut down operations at the city's port. Much of the area around Bahia Blanca already had excessive soil moisture levels following the storm on 7 March, with localized flooding of corn, soybean and sunflower fields, Argentina's economy ministry reported last week. The southern part of Buenos Aires province also produces wheat and barley, among other crops. Bahia Blanca's port is an exporting facility for those crops. Operations at the port shut down due to a loss of power supply and other effects of the storm on 7 March, the port authority reported. Operations at the port have resumed with little damage to its terminals and other facilities, though roads and railways leading to the port suffered heavy damage, news site Argenports.com reported last week. Scattered storms with rainfall between 0.8 inch and 1.6 inches, or more in some areas, in a short period of time are expected in a wide area in the south of Buenos Aires province, the country's National Meteorological Service reported. The downpours will be accompanied by gusts of wind approaching 50 miles per hour (80 km/hr) and hail, the Service said. The area around Bahia Blanca and parts of the towns of Saavedra, Tornquist and Coronel Pringles and other municipalities in the south of the province are the subject of the alert. The 7 March storm left 16 people dead and dumped about 12 inches of rain on the city and surrounding areas in just eight hours, according to local news reports. By Jeffrey T. Lewis Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

Açúcar: Mudança tributária abre espaço diplomático


25/03/13
25/03/13

Açúcar: Mudança tributária abre espaço diplomático

Sao Paulo, 13 March (Argus) — A isenção das importações de açúcar no Brasil é avaliada como uma tentativa de demonstrar aos Estados Unidos disposição em realizar acordos comerciais com o país, após o governo norte-americano sinalizar a possibilidade de aumentar as tarifas sobre alguns produtos brasileiros . Ao retirar as tarifas sobre o açúcar, o Brasil abre espaço para negociar a possibilidade de manutenção das tarifas de etanol, de acordo com Renato Cunha, presidente da Associação dos Produtores de Açúcar, Etanol e Bioenergia das regiões Norte e Nordeste (NovaBio). Etanol e açúcar são mercados correlatos no Brasil e as negociações dos dois costumam estar interligadas. Ambos são derivados da cana-de-açúcar e a produção de um produto ocorre em detrimento do outro. O governo brasileiro anunciou em 6 de março a eliminação dos impostos para importações de itens considerados essenciais, como o açúcar, milho, azeite, café e óleo de soja, com o intuito de reduzir os preços dos alimentos, em meio à aceleração da inflação. No caso do açúcar, o efeito sobre a inflação tende a ser limitado. O Brasil – maior produtor e exportador mundial de açúcar – é autossuficiente na produção do adoçante e as importações representam volumes mínimos no mercado. O Brasil exportou cerca de 33,5 milhões de t em 2024, alta de 23,8pc em comparação com 2023, a partir de uma produção de 42,4 milhões de t na safra 2023-24, de acordo com a Unica. Vantagens competitivas do açúcar brasileiro Mesmo que a isenção de tarifas para importar açúcar – que antes eram de até 14pc – facilite a abertura de novos mercados e crie eventuais oportunidades para os consumidores brasileiros, o produto nacional ainda é mais barato, pelos custos de produção mais baixos em relação a outros países. Os custos para produzir açúcar no Brasil são de aproximadamente 15¢/lb (equivalente a R$1,92/kg), enquanto na Tailândia – segundo maior exportador de açúcar – eles estão próximos de 21,5¢/lb, segundo participantes de mercado. Na Índia e Austrália, terceiro e quarto maiores exportadores, os custos são de aproximadamente 22,4¢/lb e 18,3¢/lb, respectivamente. Para que haja uma redução efetiva dos preços do açúcar, é necessária uma revisão nos custos de toda a cadeia produtiva até as gôndolas do mercado, disse José Guilherme Nogueira, presidente da Organização de Associações de Produtores de Cana do Brasil (Orplana). Para Nogueira, é importante se atentar a fatores além da produção, como custos de frete e seguro, áreas passíveis de atuação do governo. Como a produção é suficiente para o consumo nacional e há um grande volume excedente, o açúcar brasileiro acaba sendo majoritariamente exportado, sem o mercado externo representar efetivamente uma concorrência para o consumidor brasileiro. O preço do açúcar cristal branco registrou uma média de R$155,3/ saca de 50kg em janeiro - ou $24,9/sc na paridade de exportação, com a cotação média do dólar norte-americano a R$6,02 – segundo o indicador do Centro de Estudos Avançados em Economia Aplicada (CEPEA/Esalq). Em janeiro de 2024, os preços no mercado nacional estavam R$145,04/sc, em média, e $29,5/sc, considerando uma taxa cambial média de R$4,91. Isso mostra que mesmo com o dólar mais alto neste ano, o mercado doméstico de açúcar segue remunerando mais que o mercado externo, em comparação com o mesmo período no ano passado. Por Maria Albuquerque Envie comentários e solicite mais informações em feedback@argusmedia.com Copyright © 2025. Argus Media group . Todos os direitos reservados.

Australia’s cattle herd to remain at 30mn head in 2025


25/03/13
25/03/13

Australia’s cattle herd to remain at 30mn head in 2025

Sydney, 13 March (Argus) — Australia's cattle herd is expected to remain broadly unchanged from the previous year in June, while record beef production is forecast in the 2025 calendar year, according to Meat and Livestock Australia projections. The cattle herd is expected to shrink slightly to 30.1mn head in June 2025 from 30.6mn head in June 2024, partly because of high slaughter rates and cattle turn off — finished cattle sent for processing or export — in southern states. MLA estimates the national herd will continue to drop from its June 2023 size, and further declines are expected in the coming years as turn off increases to manage carrying capacity, which is the stock level that can be supported by pastures over time. The June 2027 herd is pegged at 28.8mn head, 6pc below June 2023. Beef production is set to reach a new record high of 2.6mn t carcass weight equivalent (cwe) in the 2025 calendar year, breaking the previous record in 2024, and supported by high slaughter rates. Cattle slaughter is forecast to rise by 3pc on the year to 8.5mn head in 2025. Live exports are forecast to rise to 803,000 head in 2025, as the late onset of the northern wet season supported cattle supply . Dryer seasonal conditions in southern states are expected to support cattle turn off into June. A dry outlook for March-May 2025 could lift the number of cattle sent to live export, feedlots, or for processing in central Queensland, despite a mostly favourable 2024-25 northern wet season so far. The Bureau of Meteorology (BoM) forecast the chance of rainfall exceeding the median rainfall in March-May to be less than half for most of central and northern Queensland, although more recent modelling is slightly more favourable. Further, much of Queensland's grazing areas received at least 25mm in the week to 12 March, according to BoM data. By Edward Dunlop Australia Cattle Industry forecasts unit 2025 2024 y-o-y ± y-o-y % Herd Size (30 June) 000 head 30,145 30,561 -416 -1 Cattle slaughter 000 head 8,535 8,304 231 3 Beef production '000t cwt 2,624 2,571 53 2 Live exports 000 head 803 747 56 7 Beef exports '000t cwe 2,035 1,972 63 3 - MLA Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

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