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TheBeefSite Latest News: United States

19 May 2020
View news from United States CME update: cattle futures reach six-week high after a third straight day of gains
US live cattle futures rose for a third consecutive day on 18 May, hitting their highest point since 1 April....
18 May 2020
View news from United States US NFU hails additional aid for farmers and stronger protections for workers
The US House of Representatives has passed a $3 trillion relief and stimulus bill, shoring up state responses and assistance amid COVID-19...
View news from United States CME update: live cattle close higher, following strong cash market
US live cattle futures closed higher on 15 May, with gains in front contracts against previous months....
15 May 2020
View news from United States Trump threatens to cut ties with China
President Trump signalled a further deterioration of his relationship with China over the COVVID-19 outbreak, telling reporters that he has no interest in speaking to Chinese President Xi Jinping....
View news from United States CME update: live cattle futures close lower amid easing beef prices
US live cattle futures ended mostly lower on 14 May as wholesale beef prices began falling from their previous high....
14 May 2020
View news from United States US Senators lead legislation to bring more transparency and accuracy to livestock markets
US Senators Chuck Grassley (R-Iowa) and Jon Tester (D-Montana) propose bipartisan legislation to increase proportion of "spot" payments meat packers are required to negotiate. ...
View news from United States CME update: live cattle futures close lower, retreating after this week’s earlier advances
US live cattle futures closed lower on 13 May, falling after early advances on profit-taking and hopes of easing beef prices....
13 May 2020
View news from United States CME update: live cattle futures inch up, following climbing beef prices
US live cattle futures closed higher on 12 May, with short-term contracts rising by the daily maximum....
12 May 2020
View news from United States CME update: live cattle futures close lower on profit-taking
US live cattle futures ended lower on 11 May, with some contract months sinking their daily 3-cent limit on profit-taking....
View news from United States USRSB releases new educational materials for National Beef Month
The beef industry’s first-ever online educational modules dedicated to beef sustainability launched this May during National Beef Month....
11 May 2020
View news from United States US union opposes reopening processing plants as more workers die
The largest union representing US meatpacking workers said it opposed the reopening of plants as the Trump administration had failed to guarantee workers’ safety....
View news from United States Trump promises to purchase $3 billion worth of farm goods from next week
President Trump announced that the US will begin purchasing $3 billion worth of dairy, meat and produce from farmers....
View news from United States CME update: cattle futures prices rise as Trump administration investigates beef market
US live cattle futures rose on 8 May along with cash prices as the US government probed the beef market....
08 May 2020
View news from United States CME update: US cattle futures rise on strong beef prices and restricting supplies
US live cattle futures surged by their daily trading limits for a second straight session on 7 May on soaring beef prices and concerns of meat shortages due to pacing plant closures due to COVID-19. ...
View news from United States Trump watchful of China amid expected results of Phase 1 trade deal
President Trump told reporters that he would be able to report whether China is fulfilling its obligations under a Phase 1 trade deal between the two countries within two weeks....
View news from United States Zoetis shows suckling calves with significant weight gain from implants
Recent studies of implant use in suckling calves revealed promising results for weight gain through the feedlot phase compared with non-implanted cattle....
07 May 2020
View news from United States President Trump urges Justice Department to investigate meat price disparities
President Trump said on 6 May that he had asked the Justice Department to look into allegations that the meat packing industry broke antitrust law due to price disparities in meat markets....
View news from United States CME update: cattle futures rise on technical buying as processing plants reopen
US cattle futures surged on 6 May amid increased technical buying as investors said they were monitoring signs of meat packing plants reopening after COVID-19 infections among workers....
View news from United States Meat plant closures restrict supplies for retailers but increase prices for consumers
The reduced meat production capacity has long-term implications for producers, retailers and consumers. ...
06 May 2020
View news from United States Ag Barometer index drops below 100 as coronavirus disrupts agriculture
COVID-19 concerns, declining commodity prices and supply chain woes sink producer sentiment to a three-year low. ...
View news from United States CME update: cattle futures slide after three days of gains
US cattle futures closed lower on Tuesday in a profit-taking setback after three sessions of gains....
05 May 2020
View news from United States Tyson Foods warns that coronavirus will restrict US meat supply despite Trump order
The COVID-19 crisis will continue to idle US meat plants and restrict production, Tyson Foods Inc says, signalling additional disruptions to the US food supply after President Trump ordered plants to stay open....
View news from United States Costco limits beef purchases amid fears of supply shortages
Costco Wholesale Corp announces limits on the number of beef, pork and poultry products customers can buy....
View news from United States CME update: cattle futures inch up as plants reopen and wholesale prices rise
US live cattle futures closed higher on 4 May as meat processing plants reopen after closures due to COVID-19 outbreaks among workers....
View news from United States US politicians call for a stop of mass suffocation of animals at slaughterhouses
Members of Congress urge Secretary Perdue to stop mass suffocation and prolonged animal deaths at US slaughterhouses. ...
04 May 2020
View news from United States US retailer Kroger limits ground beef and pork purchases in some stores
On 1 May, supermarket chain Kroger Co put purchase limits on ground beef and fresh pork at some of its stores in response to growing fears over meat shortages....
View news from United States CME update: US cattle futures rise as wholesale meat prices strengthen
US live cattle futures closed higher on Friday after hitting a three-week high, bolstered by stable cash cattle values and climbing wholesale beef prices as labour shortages slow the speed of slaughter....
01 May 2020
View news from United States COVID-19 cases surge in reopened JBS plant; causing worker death
Confirmed coronavirus cases have more than doubled at a JBS beef facility in Colorado in “a number of days,” say union officials....
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