Rabobank’s world beef map: trade into the 2020s
Global beef trade has continued to grow over the last five years, and will continue to do so over the next five years, driven by strong consumption growth in Asia. The new Rabobank World Beef map provides a visual snapshot of beef production, consumption, and trade around the world. Rabobank believes that global beef trade will continue rising over the next five years, driven by strong consumption growth in Asia. But...
Welsh beef industry looks forward to China opportunities
Consumers, farmers and meat industry insiders heard how Wales is poised to take advantage of the opening of the Chinese market for Welsh Beef, at a well-attended event at the recent Royal Welsh Winter Fair in Builth Wells. The special event, held at the Hybu Cig Cymru – Meat Promotion Wales (HCC) stand, explored how Chinese consumers’ tastes differed from that of UK shoppers’, in ways that would allow beef processors to export cuts...
BK UK Group grows portfolio in new acquisition
BK UK Group, the master franchisee for Burger King in the UK, has purchased the Burger King business in Oxford and Bristol from the Silver family. In addition to the seven existing restaurants, an eighth has been opened at The Mall, Cribbs Causeway, Bristol. This acquisition will increase the Burger King UK company owned portfolio to 100 restaurants, within a total UK estate of 515 restaurants. With double digit growth in restaurant...
Farmgate beef prices benefit from modest increase
After a prolonged period of decline, farmgate beef prices in Scotland have increased by 2% over the past month, according to the latest market analysis by Quality Meat Scotland (QMS). However, according to Stuart Ashworth, QMS director of Economic Services, when compared to a year ago, prices are still 8% or 30p/kg dwt lower than this time last year. Cull cattle prices are similarly lower than twelve months ago but by a more modest...
HCC launches multimedia campaign around sustainability
A new, £250,000 multi-media marketing and communications campaign to promote the positive environmental story behind the production of Welsh Lamb and Welsh Beef was launched by Hybu Cig Cymru – Meat Promotion Wales (HCC) chairman, Kevin Roberts, at the organisation’s Annual Conference. Kevin Roberts said: “We’ll make consumers more aware of how the Welsh Way of rearing livestock is completely different from intensive production...
QMS reports changing balance of trade for red meat
Exports of fresh and frozen beef saw an increase of 18% from January to August this year, with sheepmeat exports up 20% year on year, according to the latest market analysis by Quality Meat Scotland. Stuart Ashworth, QMS director of Economic Services, said that amongst all the confusion that is Brexit the first two-thirds of 2019 has been a positive period for the UK’s red meat exporters. However, he does say that the year-on-year...
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