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7 March 2025
The most recent update of BCMS data shows a continuation of many of the trends we have seen over the last ten years.
28 February 2025
Increased imports and steady export growth defined the UK beef trade in 2024. Total fresh and frozen beef imports rose 8% on the year to 241,000 tonnes. Driven by a rise in exports to key EU markets, total UK beef exports grew by 9%, despite volumes to Ireland declining by 7%.
27 February 2025
The European sheep flock continues to shrink, with a 1.5 million head decrease reported at the end of 2023.
14 February 2025
This week's view of cattle and sheep markets.
17 January 2025
Australian sheep producer sentiment significantly rebounded in 2024 while New Zealand lamb processing expected to decrease by 6.5% in 2024-25.
8 January 2025
Global sheep meat production in 2024 has experienced notable shifts, driven by changing flock sizes and evolving demand from major markets. We explore the factors shaping sheep meat trade across key regions in 2024 and assess what trends are likely to emerge in 2025.
27 December 2024
SFI uptake data published in May quelled fears that large amounts of productive land are being entered into the scheme. Defra has since released further information on SFI uptake which reveals higher SFI uptake but no major shifts.
14 October 2024
As we approach the first budget of the newly elected government, we examine how farming costs have changed in line with inflation and what this means for the agricultural budget in real terms going forward.
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2 August 2024
The US Department of Agriculture (USDA) has released its latest quarterly outlook for global red meat production and trade. Global beef production for 2024 is forecast to reach 60.7 million tonnes, 1.3% above 2023 levels.
11 July 2024
Defra has released further information on the Sustainable Farming Incentive (SFI) today (21 May 2024), revealing an 'expanded and improved offer'.
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21 May 2024
Despite some unease regarding the amount of farming land entered into the Sustainable Farming Incentive (SFI), recent SFI uptake statistics suggest that this should not be a big concern.