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05 December 2019

CME: COF Report Skewed Toward Lower End of Pre-report Estimates
US - Last week, this publication noted that placements in October were rumored to be quite large, but that the "Cattle on Feed" report skewed toward the lower end of pre-report estimates, according to Steiner Consulting Group, DLR Division, Inc....

Tyson's Kansas Beef Plant to Resume This Month
US - Following the 9 August fire that disrupted operations at its Holcomb, Kansas beef complex, Tyson Fresh Meats, last month made an announcement that reconstruction of the facility is near completion. ...

IFA Blocks Retail Distribution Centre to Highlight Broken Beef Supply Chain, Demands Immediate Price Increase
IRELAND - The IFA this morning protested at the Aldi distribution centre in Naas, Co Kildare, demanding a significant and immediate beef price increase to bring the Irish beef price at least in line with the Bord Bia European Export Benchmark Price Index....

Japan Parliament Approves US-Japan Trade Agreement; Positive News for US
US - On 4 December, the Upper House of the Japanese Parliament approved the US-Japan trade agreement, which will greatly improve access for US red meat in Japan. ...

Canadians Celebrate St Andrew’s Day with Scotch Beef PGI
CANADA - One of Scotland’s most iconic foods, Scotch Beef PGI, has taken centre stage at a celebratory event in Canada to celebrate St Andrew’s Day....

04 December 2019

US Grain Elevators Facing Tighter Margins, Revenue Pressures in 2020
Grain elevators face significant challenges in the year ahead as they buy basis on corn, soybeans, and wheat at the highest levels seen in years. ...

CME: Beef Retail Activity for W47 Above Last Year's Level
US - The retail feature activity index reported by USDA is publicly available information that tracks the weekly features of retail and some private stores, writes Steiner Consulting Group, DLR Division, Inc....

IFA President Makes Price Increase Priority at Beef Task Force
IRELAND - The IFA President Joe Healy said IFA made an immediate and significant cattle price increase the priority issue at the Beef Task Force meeting in Dublin yesterday....

03 December 2019

CME: Beef Prices Slightly Volatile During Holiday Week
US - While beef prices tend to be a bit volatile during the holiday week, they don’t face the same sort of constraints as pork, reports Steiner Consulting Group, DLR Division, Inc....

Cattle Farmers to Benefit from Solar-powered Boreholes
RWANDA - Cattle in Nyagatare and Kayonza districts will no longer face water shortages and death induced by drought thanks to new boreholes run by solar energy....

Korean Beef Imports from US Recover to Half of Total
SOUTH KOREA - US beef, once shunned by consumers fearful of mad cow disease, is now half of total beef imports....

New EU Commission Must Back Agriculture, IFA Says
EU - Speaking as the new EU Commission took up office, IFA President Joe Healy said this Commission will preside over some of the most important decisions in the history of the EU....

02 December 2019

CME: November Beef Export Shipments, Sales Quite Strong
US - Weekly trade data released from USDA offered a rather positive view of US beef export demand although, as usual, we suggest you pay attention to the detail and understand what these numbers tell us, writes Steiner Consulting Group, DLR Division,...

Farmgate Beef Prices Benefit From Modest Increase
SCOTLAND, UK - After a prolonged period of decline, farmgate beef prices in Scotland have increased by 2 percent over the past month, according to the latest market analysis by Quality Meat Scotland (QMS)....

Export Prices Riding High on Meat, Dairy
NEW ZEALAND - Export lamb and beef prices reached new highs in the September 2019 quarter, Stats NZ said today....

US Beef Imports at Record High in Korean Imported Beef Market
SOUTH KOREA - Beef imported from the United States increased significantly to hit a share of over 50 percent of South Korea's imported beef market this year, a trade promotion agency said Monday....

01 December 2019

US-based Dean Foods Bankruptcy Update
Many people will have heard that Dean Foods declared bankruptcy recently and thought about the gallon jug in their refrigerator and wondered what is going on, writes Phillip Durst, Michigan State University Extension...

29 November 2019

British Red Meat Production Part of Solution to Climate Crisis, Universities Hear
UK - Sourcing British, climate-friendly beef and lamb can play an important role in tackling the climate crisis – that’s the take-home message from the NFU’s meeting with the country’s universities this week....

USMEF Calls EU Approval of US-EU Beef Agreement 'Outstanding News'
US - On 28 November, the European Parliament voted to approve a plan granting the United States a country-specific share of the European Union’s duty-free high-quality beef quota. ...

28 November 2019

CME: Nebraska Leads States in Beef Export Value
US - USDA Economic Research Service (ERS) publishes state-level export statistics of selected commodities based on farm-cash receipts data, reports Steiner Consulting Group, DLR Division, Inc....

IFA Says Ag Minister Cannot Allow Beef Sector to be Held to Ransom
IRELAND - IFA President Joe Healy said that Larry Goodman’s ABP group and the unwillingness of the Minister to take charge of the situation has resulted in farmer frustration boiling over, referring to Mr Goodman's behaviour as "petty"....

Open Letter from AHDB, QMS and HCC on Airing of BBC1 Programme
UK - This week, Quality Meat Scotland (QMS), in conjunction with AHDB and HCC, expressed displeasure at the BBC 1 programme entitled "‘Meat: A Threat to our Planet" in a letter....

New Vaccine to Stop Spread of Bovine TB
UK - Scientists at the University of Surrey have developed a novel vaccine and complementary skin test to protect cattle against bovine tuberculosis (bovine TB)....

27 November 2019

CME: Beef in Cold Storage Declines Relatively to Year Ago
US - According to Steiner Consulting Group, DLR Division, Inc., USDA– NASS released the "Cold Storage" report on Friday, 22 November 2019, for the month of October, stating that beef in cold storage declined relative to a year ago and a month ago....

Dairy, Beef & Lamb Exports Rise in October
NEW ZEALAND - Exports of dairy products, beef, and lamb, particularly to China, increased in value in October 2019, Stats NZ said today....

BBC Documentary Shows Why Food Standards Must Be Upheld in Future Trade Deals, Says NFUS
SCOTLAND, UK - The four UK farming union Presidents have responded to the BBC’s documentary "Meat: a threat to our planet?"...

QMS Responds to BBC1 Documentary on Meat, Assuring on Quality
SCOTLAND, UK - This week, BBC1 released a documentary on the effects of human appetite for meat on the planet entitled "Meat: A Threat to Our Planet"....

26 November 2019

CME: Total Inventory of Cattle in Feedlots on 1 November Higher Than a Year Ago
US - In this report we will focus on the cattle on feed report that was released on Friday. USDA also issued the results of its "Cold Storage" survey and we will cover that report in our next update, writes Steiner Consulting Group, DLR Division, Inc....

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