Beef shortage too? It’s not just chicken:
“By looking at production in key beef producing regions, we can see that a range of global and local factors may limit the supply onto the world market, with obvious implications for food security.”
Global supplies of beef will remain tight for the short to medium term.
This is due to below-average production in the EU and US specifically, firm domestic demand in the US, and elevated import demand from China and the rest of Asia.
The outlook for the UK domestic beef sector is somewhat different, however. The report analyses figures which show that the beef herd in Britain could experience modest growth over the next year.
The domestic cattle sector produces fewer emissions than the global average, therefore a greater reliance on UK-produced beef may help both in terms of food security and sustainability, it says.
The report considers supply and demand factors in some of the world’s key beef and sheepmeat producing regions, including the UK, the EU, New Zealand, Australia, the US and Brazil.
Report author, Glesni Phillips from HCC, said British farmers were already feeling the effect of increasing energy and input costs.
Drastic changes in supply patterns could lead to a limited supply of red meat – particularly beef – on the global market, a new report has warned.
The challenge for the meat trade comes as food security is impacted in the wake of international crises and increasing prices.
Hybu Cig Cymru – Meat Promotion Wales (HCC) report concludes that global supplies of beef will remain tight for the short to medium term.
This is due to below average production in the EU and US specifically, firm domestic demand in the US, and elevated import demand from China and the rest of Asia.
In addition, the levy board’s report says that Russia’s invasion of Ukraine is impacting trade flows and has led to fuel, grain and fertiliser prices rising significantly.
Experts warn that additional costs could lead to further instability. While some additional supply may come in the short term if farmers reduce stocking levels, the international situation may make a recovery in production more difficult in the longer term.
Without speaking to who is responsible — this is unfortunate.
Wow: Shanghai’s backlog of ships is quite literally off the chart, even compared to the disturbances last year.
US and global supply chains are about to go from “severely strained” to “completely broken.”
Need it? Buy it now. And buckle up…
Just a bit of marine traffic backed up there in Shanghai — get ready for massive supply shock
The Turkish Ministry of Agriculture and Forestry will indefinitely suspend the export of butter and cream from today.
Turkey exported 3.154 tons of butter in 2021, which rose to 3.874 tons in the first two months of 2022 — concerning Ankara about Turkey’s ongoing inflation and ability to meet increased food demand in the summer, a time of increased tourism.
Turkey’s inflation rate, which hit 61% year-on-year in March, helps inform these export restrictions. Erdogan’s government seeks to suppress rapidly rising costs of goods by increasing domestic supply stocks, particularly of food items, which are rising in price globally amid the Russia-Ukraine War.
The Ministry predicted the export ban when it temporarily banned certain agricultural exports on March 10, publishing a list of possible restrictions on specific commodities. Among the halted export goods was olive oil,
Prices are likely to continue rising, especially for food products. Ankara is likely to restrict certain seasonal produce, such as green plums, next. The price of green plums is highly inflated, and they primarily go to Russia, Germany, and the Netherlands.
Azure Standard – Nation’s Largest Independent Food Distributor – Headquarters Completely Destroyed in Mysterious Overnight Fire – keeps happening to our food supply chain/facilities!
“The headquarters of Azure Standard, the nation’s premier independent distributor of organic and healthy food, was destroyed by fire overnight. There were no injuries. The cause of the fire is unknown and under investigation. The loss of the facility and the impact on company-wide operations is being assessed and expected to be limited and temporary. No other Azure Standard facilities were affected.