UK – food price inflation

Kantar reports that UK food price inflation for April was 2.4%, the lowest rate of increase since October 2021.

New Zealand – milk production fall

Milk production in April fell 4.1% to 1.463m tonnes (1.4205m litres) compared with April 2023.

Uruguay – acquisition blocked

Competition authorities in Uruguay have indicated that they will block the acquisition of Marfrig’s beef processing business by Minerva, with an official announcement expected next week.

US – beef exports fall

US beef exports in March were 108,218 tonnes, a 10% decline compared with 2023, but the highest monthly total so far in 2024.