China - soya imports at 100Mt
China is the world’s largest soya bean importer, which is mostly crushed and fed to the pig herd. For 2021/22 marketing year, Chinese soya bean imports are forecast at 100Mt (USDA).
US - JBS settles beef price lawsuit
It is reported in the US that JBS, the world’s largest meat processor, has agreed to a $52.5m (€46m)settlement in a beef price-fixing lawsuit, although it has not admitted liability.
Australia - sheepmeat exports down
Australian sheepmeat exports for 2021 were down 5% at 383,457t, with China the biggest market at 116,518t, followed by the USA at 87,489t (source: Meat and Livestock Australia).
Uruguay - record beef prices
Beef prices for steers are as high as the equivalent of €4.21/kg in Uruguay, according to the World Beef Report.
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