The Global Livestock Report

The European Parliament approved on Wednesday a set of measures to simplify the implementation of the EU Deforestation Regulation (EUDR), in force since 2023. MEPs backed targeted changes aimed at making compliance easier for companies and supplier countries, after having agreed to fast-track the Commission’s proposal.

South Korea’s meat industry faces a scenario of stable imports and a slight contraction in domestic production of both beef and pork over the next two years, according to the USDA’s latest annual report.

Compared to the prior market test, US beef import prices were not fully established.

The Tyson beef division changes won’t occur this year. It also won’t happen in a vaccum. Competitors in the processing space are already in the planning stage to decide changes to each company’s operating mode and plant utilization.

USDA released its first Cattle on Feed report since September, following delays caused by the federal government shutdown. The agency reported that cattle and calves on feed for the slaughter market at feedlots with capacity of 1,000 head or more totaled 11.7 million head on Nov. 1, a 2% decline from the same time last year.

The Paraguayan industry is again pushing to lower livestock prices with another reduction for the final loads before the end-of-year holidays.