MGK’s Post

Accelerating meat production with a focus on safety and data! The U.S. Department of Agriculture has extended permission for six pork plants to operate at increased speeds for another 90 days. This decision is a lifeline for major industry players like Tyson Foods and JBS SA, as well as the farmers grappling with financial challenges. However, it's not just about speed; ensuring worker safety and gathering valuable data are paramount. With 40% of the U.S.'s hog population residing within 100 miles of these facilities, faster processing could lead to a more reliable pork supply and price stability. 🥓🏭 #USDA #MeatProcessing #AgriculturalEconomy

⚠️ Attention all! Beef production is declining, and it may affect us! Want to learn more? Find out how it impacts our industry! Read here. https://wix.to/9ehTyBN #DovenFoods #beefindustry #producerchallenges

As we move further into 2024, the US beef industry continues to navigate through a complex landscape of challenges. Dive deeper into these challenges and the resilience of the US beef industry in our latest blog post ➡ https://lnkd.in/gUC2eGp2

Dairy cattle are a significant part of the beef industry, and to encourage further collaboration between beef and dairy, the CBB has launched a new Dairy Task Force. This group will research the impact of the growing "beef-on-dairy" trend, including how dairies market their calves and how this may affect Beef Checkoff assessments. They'll also brainstorm ideas for improving communications with dairy producers about the Beef Checkoff program. Learn more about dairy's impact on the beef supply: https://bit.ly/4b3qWqC #BeefCheckoff

john snell - spot on. "Sales increase to KSh341" (that's US$2.22/kg) - that's an all-auction average and ignores the 45% of auction lots, of mostly West of Rift, tea going unsold. Not to mention incurring warehouse and finance costs - all at the expense of KTDA farmers. There are 125,000 tonnes of unsold tea right now thanks to major export markets in financial chaos or losing interest in Kenyan tea (Pak/Egypt/Russia/Sudan/UK) and ever-increasing production completely out of step with global demand. Also note that the Kenyan export price has dropped in the last year (YTD 2022/2023 comparison) by 25usc/kg. In 2010 that number was another 30usc/kg higher than in 2022 and has since been on a downward trend. GoK are basically subsidizing farmers through bonuses/fertilizer subsidies to keep producing tea, all which is financed by central bank which in turn is financed by export proceeds of....er.... tea. Export proceeds are being driven by higher production at the expense of US$ prices. As we are maybe seeing, if you do not sell that produce, but continue to pay farmers, eventually your revenue stream declines to the point it will outweigh those resources being used to pay farmers. For how long can this shell-game continue?

𝘉𝘦𝘦𝘧 𝘰𝘯 𝘋𝘢𝘪𝘳𝘺, 𝘉𝘶𝘵 𝘕𝘰𝘵 𝘓𝘪𝘬𝘦 𝘠𝘰𝘶’𝘷𝘦 𝘌𝘷𝘦𝘳 𝘚𝘦𝘦𝘯 𝘉𝘦𝘧𝘰𝘳𝘦 Beef InFocus brings dairy producers 𝐩𝐫𝐨𝐯𝐞𝐧 𝐚𝐧𝐝 𝐫𝐞𝐥𝐢𝐚𝐛𝐥𝐞 beef genetics that 𝐦𝐚𝐱𝐢𝐦𝐢𝐳𝐞 𝐜𝐚𝐥𝐟 𝐜𝐫𝐨𝐩 𝐯𝐚𝐥𝐮𝐞 and drive 𝐛𝐞𝐞𝐟 𝐬𝐮𝐩𝐩𝐥𝐲 𝐜𝐡𝐚𝐢𝐧 𝐞𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐜𝐲. Beef InFocus is unique compared to other beef on dairy programs. Find out why!⁣ ➡️ https://lnkd.in/gMnPYZGY

  “Co-ops are as much a part of the future as they have been the past,” says Tim Bailey from SAOS Ltd. “We will hear from four successful and progressive farmers from the dairy, beef, and lamb, and arable sectors, who will share how using their co-op helps benefit their businesses, making them more efficient and resilient for the future.” Read the full blog here👇: https://lnkd.in/eFtcJvuB   #AgriScot23

Are farm assurance schemes past their sell-by-date? Many food producers seem to think so, with a growing number warning they are drowning under an ever-increasing audit burden. So with the NFU's review into Red Tractor about to be published this month, I took a deep dive into why it's such a contentious issue for The Grocer. More here 👇 https://lnkd.in/e-jxySR3

Some interesting insight on the beef market.

Biden Admin Looks to Lower Food Prices by Tackling Concentration in The Meat Industry. The Biden administration is taking a stand to lower consumer food prices by addressing corporate consolidation in the meat industry. The USDA has unveiled a final rule under the Packers and Stockyards Act, prohibiting retaliatory practices against livestock producers and discriminatory contracts with meat giants like Tyson and Cargill. These new standards aim to promote competition and economic opportunity for producers and growers, ultimately benefiting consumers and the industry as a whole. Read the full article here: https://bit.ly/3U0Vdk8 #FlavorWiki #USDA #MeatIndustry #Competition #FoodPrices