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Cattle Industry News By Category: Markets

09 February 2021
November US Beef Exports Largest in More than a Year; Pork Top Previous Annual Record
U.S. beef exports posted one of the best months on record in November, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF)....
08 February 2021
CME update: live cattle futures top one-year high on strong demand
US live cattle futures reached their highest point in a year on 5 February, while March feeder cattle futures slid back from previous highs....
05 February 2021
UN food price index hits 6½-year high, prompting fears of global food inflation
Global food prices rose for an eighth consecutive month in January, reaching their highest level since July 2014....
04 February 2021
Irish Farmers Association calls for in-depth analysis of EU Green Deal
The President of the Irish Farmers Association (IFA) has called for the Minister for Agriculture to conduct an impact analysis of the EU’s Farm to Fork and biodiversity strategies to account for economic and social implications of the policies....
CME update: cattle futures slip despite solid domestic demand
US live and feeder cattle futures settled lower on 3 February as traders pin hopes on increased meat demand from China....
03 February 2021
Bull run in US grain futures markets is in high gear, but for how long?
US grain futures markets the past few months have rallied strongly, setting multi-year highs. As of this writing, nearby corn futures have notched a 7.5-year high of $5.55 3/4 a bushel, nearby soybean futures a 6.5-year high of $14.38 1/4 a bushel and...
02 February 2021
What's on the horizon for UK agriculture?
The latest Agri-Market Outlook from the AHDB explores the UK farm sector's prospects for 2021. ...
01 February 2021
White House plans to review terms of US-China trade deal
The Biden administration will review all national security measures put in place by the former administration, including the US-China Phase 1 trade deal signed in January 2020....
CME update: live cattle futures slip on end-month profit-taking
US live cattle futures closed lower on 29 January as traders booked profits at the end of the week and month while Wall Street equity markets declined....
New reports shows UK shoppers backing British farmers
A new report from the AHDB finds that consumer attitudes towards UK farmers have grown more positive amid a challenging year and significant upheavals in the agriculture sector. ...
29 January 2021
Shorthorns shine in Scotland’s first cattle-only on-farm Yourbid sale
Over 300 online bids were placed during an on-farm breeding cattle sale, hosted by Fearn Farm, Ross-Shire on Friday 22 January 2021....
22 January 2021
CME update: live cattle futures surge ahead of USDA Cattle on Feed report
US live cattle futures gained on 21 January ahead of a closely watched monthly Cattle on Feed report, due on 22 January from the USDA....
21 January 2021
Proposed legislation in the Czech Republic to boost domestic food in supermarkets could clash with EU
Czech lawmakers have approved legislation that requires shops to sell mainly domestically made food to benefit Czech farmers, but the law could face pushback from EU economic rules....
CME update: live cattle futures slip ahead of monthly USDA report
US live cattle futures fell on 20 January as traders anticipate a decline in cattle placements in the monthly Cattle on Feed report, but feeder futures benefit from lower feed-grain futures....
20 January 2021
CME update: cattle futures gain ground ahead of monthly USDA report
US live cattle futures strengthened on 19 January as traders began positioning ahead of the 22 January monthly Cattle of Feed report from the USDA....
Marfrig partners with Embrapa to launch carbon neutral meat line
Marfrig and the Brazilian Agricultural Research Corporation (Embrapa) announced the launch of the Viva brand, a new meat line with sustainability attributes....
18 January 2021
UK farmgate prices remain strong despite border concerns stemming from Brexit
Despite the Brexit trade agreement between the UK and EU, UK cattle producers must still contend with the new non-tariff conditions and biosecurity checks for exports. ...
CME update: cattle futures rise on bargain buying
US live cattle futures rose on 15 January on some bargain buying but still posted their first weekly loss in five weeks....
15 January 2021
Weekly beef and dairy digest: US beef exports to EU feel pandemic pain
USDA revises export figures for 2021 and the EU increases its US beef import quota. ...
CME update: cattle futures falter as corn prices surge
US feeder cattle futures fell on 14 January, retreating back towards a three-month low on prospects for increased input costs for farmers due to skyrocketing corn prices....
14 January 2021
CoBank Quarterly: Probable Boost in Fiscal Spending Lifts Grain and Livestock Outlook
The coronavirus still dominates the economy and continues to impact rural industries, but with vaccines rolling out, the virus will slowly loosen its grip in 2021. ...
CME update: live cattle futures end mixed on concerns about feed costs
Nearby US cattle futures weakened on 13 January, weighed down by prospects for rising feed costs due to higher prices for corn, soybeans and wheat....
13 January 2021
CME update: live cattle futures end mixed as cash markets weaken
US cattle futures ended mixed on 12 January as traders weighed sluggish cash markets and soaring feed costs....
12 January 2021
UK’s Gove warns that trade issues in Northern Ireland will get worse
Difficulties in moving goods between Northern Ireland and the rest of the United Kingdom will get worse before they get better, Cabinet Office minister Michael Gove said on 8 January....
CME update: live cattle futures fall on profit-taking and technical selling
US cattle futures sank on 11 January in a profit-taking and technical selling setback amid concerns about weakening US demand for cattle and beef....
Smithfield suspends US federal campaign donations
Smithfield Foods has suspended federal campaign donations after the US Capitol riot on 6 December....
11 January 2021
CME update: live cattle futures fall lower on technical selling
US cattle futures drifted lower on 8 January on light technical selling, with the spot February contract pressured as speculators rolled long positions into forward months....
Argentina lifts corn export ban and adopts 30,000 tonne sales cap instead
Argentina has lifted a suspension on corn exports announced in December and will opt instead for a temporary 30,000 tonne daily cap on sales abroad....
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