US beef prices were mixed this week. Price for rump increased by 1.2% and chuck declined by 1.9% for the week.

South Africa’s livestock industry, recovering from the impact of a recent devastating drought and disease outbreak, is likely to create demand for feed additives thanks to an increasing population, a surge in demand for quality meat products and a spike in consumer spending, especially among the middle class.

In the US beef market this week, price movements were mostly negative. Prices for US feeder cattle and live cattle were relatively low this week as the volatility in the grains complex is causing uncertainty.

Somalia, home to a third of the world’s camels, is targeting new export markets as it looks to boost foreign-exchange earnings from its livestock trade.

- African swine fever (ASF) – a contagious deadly viral disease affecting pigs and wild boars – is rapidly spreading across East and Southeast Asia.

In the US beef market this week, price movements were mostly negative and trade of US beef contracts was sluggish. The market is hopeful that increaseddemand levels will provide support for the market and prevent prices from slipping further.