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Cattle Industry News By Category: Markets

19 July 2021
British supermarkets may shift supply chains to EU if Northern Ireland trade not addressed
British supermarket groups, including Tesco, Sainsbury's and Asda, say they may shift some supply chains from the UK to the European Union unless the future of Britain-Northern Ireland trade is addressed urgently....
16 July 2021
Weekly beef and dairy digest: global beef outlook is revised lower and Belarus emerges as a key dairy exporter
Global beef production is expected to contract by 1% in 2021 as export markets are restricted and cattle herds grow smaller. ...
Positive projections for EU agriculture in latest short-term outlook
Europe's agriculture sector is expected to flourish as restaurants and food services come back online and COVID-19 vaccination ramps up across the trading bloc. ...
14 July 2021
China’s meat imports for June fall 17% due to weak domestic prices
China imported 743,000 tonnes of meat in June 2021, down 17% from the same month in 2020....
13 July 2021
Canada's cattle exports hit near 15-year low, but imports are increasing
Canada's year-to-date cattle exports are at one of the lowest levels in 15 years, while imports increase...
European farmers' confidence index inches up in 2021
Prior to the CAP agreement, the European farmers’ confidence index showed a slight but promising increase in 2021....
12 July 2021
USDA Outlook Forum: US-China Trade Prospects: A Short-term Outlook
Even though 2020 was a tumultuous year, the effects of the Phase One agreement show a positive path forward for the US–China trade relationship, writes Timothy Wier for The Cattle Site....
09 July 2021
Beef with a story to it
Direct beef purchases from the farm continue to be an emerging trend as consumers want to know both the story and faces behind the products they are purchasing, according to an expert....
Weekly Protein Digest: Global food prices slide for the first time in a year
Global food prices fell 2.5% (3.2 points) during June, with the Food and Agriculture Organization of the United Nations’ food price index sliding to 124.6 points, writes markets analyst Jim Wyckoff. ...
08 July 2021
Rising input costs causing concern for US farmers, says Ag Economy Barometer
The US Ag Economy Barometer fell for a second straight month in June 2021, with farmers being less optimistic about the future and growing more concerned about input costs....
’Unprecedented’ is our industry norm
There has been a huge amount of noise recently about the ‘unprecedented’ trade dynamic that we find ourselves in, with a global pandemic and trade increasingly being used as a political tool. ...
05 July 2021
EU's agriculture trade posts sharp increases in March 2021
After a slow start to 2021, EU agri-food trade reached a value of €75.8 billion between January and March, 4% less than the same period in 2020. ...
Analysis shows China changing its grain buying tactics as the US market becomes volatile
Strong demand for grains from China set to continue, but it will shift to opportunistic buying when prices soften....
02 July 2021
Brazil beef exports to US rise amid China-Australia trade spat
Strained trade relations between China and Australia have prompted Chinese importers to buy more US beef, making room for Brazil to increase exports to the United States, trade data show....
Weekly beef and dairy digest: global dairy outlook from the USDA
US beef export sales posted a marked decline this week as the Biden administration moves to sell its infrastructure deal in rural America. ...
EU agrees three-month ceasefire with UK in "sausage war"
The European Union has agreed to a ceasefire with the United Kingdom in a post-Brexit dispute dubbed the "sausage war" by extending a grace period for shipments of certain meat products from Britain to Northern Ireland....
01 July 2021
Australia's farmgate production set for a record-breaking $66.3 billion in 2021
Australia's farming sector has weathered upsets from COVID-19 and the changing international trade landscape and is on track for a record-breaking production output of $66.3 billion this year, according to recent ABARES analysis....
30 June 2021
May 2021 US Cold Storage report shows declines in beef and other meat supplies
The most recent Cold Storage report from the US shows that stocks of red meat and poultry have declined alongside supplies of chilled fruit, according to AFBF market analysis....
The US and UK have suspended their trade dispute - here's what it means for the UK ag sector
Market analysis from AHDB's Dr Phil Hadley shares what the tariff suspensions could mean for UK food and farming....
Stretched global supply chain means shortages on summer menus
Various restaurants across the United States, South Korea and Britain are reporting shortages of key menu items as the economy re-opens from COVID-19 shutdowns....
29 June 2021
Australia's meat sector hails UK trade deal as "historic"
The Australian red meat industry’s European market access priorities have received a real boost in the last fortnight with the agreement in-principle (AIP) of an Australia-United Kingdom Free Trade Agreement (A-UK FTA)....
China is world’s largest imported beef market in 2021
China has defended its newfound mantle as the world’s largest imported beef market this year. ...
28 June 2021
Argentine government's limit on beef exports hurts production, says farmers
Argentina's new policy of limiting beef exports for the rest of this year will hurt production, ranchers said in a statement on Wednesday that signaled rising tensions between the agricultural sector and the center-left administration....
25 June 2021
Weekly global protein digest—June 24, 2021
Market analyst Jim Wyckoff shares news and information from US and around the globe. ...
How has EU beef and lamb demand fared so far in 2021?
Overall demand for beef across Europe has been under some pressure in 2020 and this has continued into 2021....
24 June 2021
What's behind high global beef prices?
Many countries around the world are currently experiencing high prices for cattle or beef, driven by a combination of local and international factors, namely tighter supplies and high export demand. Let’s look at the situation in more detail....
23 June 2021
American Farm Bureau Urges US Senate to Address Increasing Volatility in Cattle Markets
American Farm Bureau Federation President Zippy Duvall commented on the scheduled US Senate Agriculture Committee hearing on price volatility in cattle markets....
22 June 2021
UK farmers urge PM to outline his plan for the future of British agriculture and trade
The National Farmers Union is encouraging the Prime Minister and his government to showcase a comprehensive strategy to manage the impact of opening the UK market to major agricultural exporters. ...
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