ANALYSIS: China Set to Trigger Safeguard Mechanism on Australian Beef Imports for the 5th Time

Australian beef imports into China may soon face a 12.0% Most-Favoured Nation (MFN) tariff rate, as the Special Agricultural Safeguard (SSG) mechanism is set to trigger for the fifth time.

Following previous activations in 2018, 2019, 2020, and 2023, this tariff applies for the remainer of the year if imports from Australia exceed 178,418 mt in 2024.

Based on the data from the General Administration of Customs of the People's Republic of China, imports from Australia at the end of July...

Farmlands Co-operative to Proceed with Acquisition of Cattle Feed Producer Seales Winslow

The New Zealand Commerce Commission (NZCC) has given the green light to Farmlands Co-operative's October 2023 proposed acquisition of Seales Winslow, the animal nutrition division of Ballance Agri-Nutrients which specialises in cattle feed production.

Farmlands is a farming co-operative with over 80,000 shareholders. Its NRM animal nutrition products division supplies its customers in New Zealand's South Island with pelletised compound feed that it manufactures itself. In the North Island, Farmlands uses toll manufacturers. Meanwhile, Seales Winslow operates...

ANALYSIS: Australia’s Beef Exports Continued to Rise Behind Higher Output, Strong Demand

Australia’s beef/veal exports for February continued to rise, nearing levels last seen in Feb 19, up 24% m-o-m or 18,249 mt to 93,834 mt, driven by higher country output and robust demand from Asia and the US, data from the Department of Agriculture, Fisheries, and Forestry (D.A.F.F) indicated.

The ongoing upward trajectory since the start of the year is also attributed to increased processing intensity, eased export restrictions with China, and rising cattle slaughter rates.

Notably, exports to Japan reached a 52-week high at 23,794 mt...