Farmlytics
On Tuesday 6th October in Atlanta representatives of 12 countries signed the Trans-Pacific Partnership (TPP) agreement, a free trade deal which seeks to cut tariffs and introduce common standards across the Pacific region. The deal covers key developed countries including the US, Japan, Canada, Australia as well as emerging nations like Chile, Malaysia and Vietnam. […]
The debt crisis in the Euro zone, and volatility in other major currencies is likely to have a significant impact on agricultural trade during 2015. Euro depreciation will have a positive impact on EU agricultural exports, with improved prospects for exports of beef, arable crops and pig meat. This is also being helped also by […]
The European Union is to apply the principle of “subsidiarity” and allow individual member states a greater say on the regulation of GM Crops. The move will allow member states to decide whether or not GM crop varieties can be grown or used for food and feed on their territories. The European Commission will still […]
The Chinese government is continuing to take steps to fight against a slowing economy – with an announcement to stimulate growth, by cutting the reserve requirement ratio for banks. This it hopes will boost lending by adding more liquidity into economy. The latest IMF economic outlook figures (April 2015) forecast that GDP growth in China is expected to […]
The latest US Livestock and Poultry Outlook report shows the extent that Avian Influenza related restrictions are impacting on US poultry exports. Total broiler shipments in February were 17% down on February 2015. Export bans by China and South Korea went into effect in January, on top of an existing ban by Russia. The continued […]
A relatively strong US dollar is impacting on the meat trade with beef imports into the US reported to be 63.7% up in January 2015, compared with January 2014. The increased imports are mainly coming from Australia, New Zealand, and Nicaragua. The USDA is predicting that US beef imports for Q1 2015 will be 31.7% […]