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Increased production challenges beef demand

2016-09-10 02:32:00| Beef

As beef production increases, beef prices are coming down from record levels at the wholesale and retail levels, says Derrell Peel, Extension livestock marketing specialist at Oklahoma State University, in his weekly market comments. Monthly average boxed beef prices peaked at $240.25 per cwt for Choice in May 2015 and at $249.34 in April 2015 for Select. read more

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Industry Insights: Increased Production, Improved Animal Welfare Meet Global Needs

2016-05-11 02:00:00| ThePigSite - Industry News

ANALYSIS - The growing population, increases in household income and water scarcity are key drivers for the protein industry, and technology that can increase production and improve animal welfare will be important in meeting these challenges, according to Francois Fraudeau, president and CEO of Novus International.

Tags: meet global industry production

OPEC's crude oil production increased in March, says survey

2016-04-12 01:00:00| Offshore Technology

Crude oil production of the Organisation of the Petroleum Exporting Countries (OPEC) has increased to 32.38 million barrels per day (Mbpd) in March, gaining 40,000bpd from February, according to a new Platts survey.

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Increased Biofuel Production Could Lead to Global Food Deficit, Study Shows

2016-03-07 01:00:00| ThePigSite - Industry News

US - As strategies for energy security, investment opportunities and energy policies prompt ever-growing production and consumption of biofuels like bioethanol and biodiesel, land and water that could otherwise be used for food production increasingly are used to produce crops for fuel.

Tags: food study global shows