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Deep Global Recession May Start in Spring 2025, Warns Expana
The global economy today shows some parallels to past pre-recession periods. A world PMI below 50, elevated asset prices, for instance, are indicators of a slowdown in business activity.
Furthermore, rising tariffs, protectionist policies, or geopolitical disruptions could exacerbate trade slowdowns. Consumer spending is also paramount since it accounts for a significant portion of GDP. Monitoring retail sales, credit card usage, and savings rates will be critical.
With the global economy facing a myriad of challenges and uncertainties, the likelihood of a recession...
EU Retail Egg Market Thrives Amid Festive Season Surge
With Christmas just a few days away, the industrial egg market has slowed considerably, with demand expected to remain subdued until mid-January. Several breaking stations have taken advantage of this lull to perform routine maintenance on their machinery.
In recent weeks, industrial shell egg prices have been slowing down, following their peak in late November. Currently, values for cage egg averages 2.05 €/kg, reflecting a marginal drop of 0.04 €/kg from the previous week. However, prices are still 24% higher than this time...
Scottish Cattle Prices Soar to Record Highs in November 2024
Prime cattle prices in Scotland reached historic levels in November 2024, fueled by a seasonal decline in beef production and robust demand from both domestic and international markets. The Expana price for cattle steers in Scotland hit GBP 5.5/MT, marking a 2.1% increase month-on-month (m-o-m) and 8.2% rise year-on-year (y-o-y) in November 2024.
Industry sources report heightened competition among processors, as they struggle to secure cattle supplies. Additionally, strong festive demand from the retail sector has played a vital...
ANALYSIS: Brazilian Beef Export Volumes Show a Robust 25% Monthly Growth in April
Despite the general sentiment of a softened market from key export destinations for the Brazilian beef, exports in April demonstrated a significant upturn, with total fresh beef exports reaching 208,053 MT, a 25.1% increase from previous month’s 166,303 MT. The significant rebound in export figures from March have surprised some stakeholders given the persistent talk about a subdued demand and pressured prices. Particularly from the Chinese market, a major trading partner of Brazil.
April’s overall market undertone diverged by some means from the increased export figures...
FEATURED STORIES
ANALYSIS: The Price of Heavy Cutter Cows Increases for the Eighth Straight Week
ANALYSIS: US Shell Egg Prices Soar Past $7.00 per Dozen Amid Ongoing Bird Flu Crisis
ANALYSIS: December Broiler-Type Pullets Reflect Industry Trends and Future Demand Outlook
HPAI H5N1 Virus in Dairy Cattle – What We Know
ANALYSIS: Wider Market Access Propels 5.0% Growth in China’s 2024 Total Beef Imports