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Cattle Industry News By Category: Economics

06 May 2021
FMD and COVID-19 send meat prices soaring in Uganda
Prices for meat in Uganda are expected to more than double in the coming months due to livestock shortages....
USMEF reports record-breaking beef exports in March
US exports of beef and pork posted record highs in March 2021, according to data released by the USDA and analysis from the US Meat Export Federation (USMEF)....
05 May 2021
CME update: cattle futures end lower as supplies rise
US live cattle futures sank on 4 May as traders contended with ample supplies of cattle and a steady slaughter pace....
04 May 2021
CME update: cattle futures end mixed as traders brace for weak cash prices
Despite strong export demand and climbing packer margins, traders reported a mixed day on 3 May....
03 May 2021
CME update: live cattle futures gain ground while feeder cattle continue their decline
US live cattle futures rose on 30 April while feeder cattle futures continued to fall as climbing corn futures translated into higher feed costs....
UK beef sector courts US market in virtual event series
High quality offerings from the UK's red meat sector will take center stage next month in a series of virtual events targeting the US foodservice market....
30 April 2021
CME update: live cattle futures gain on uncertainty in grain complex
US live cattle futures rose on 29 April as mixed grain trade offered some relief for feed costs....
US NFU welcomes legislative priorities announced in President Biden's Congressional Address
President Biden's strategy for economic recovery, immigration reform and climate action have been welcomed by the National Farmers Union....
29 April 2021
CME update: cattle futures ease on pressure from feed prices
US live cattle futures settled lower on 28 April, as higher grain prices push producers to sell cattle early to avoid feed costs, creating a surplus of market-ready cattle....
UK's International Trade Secretary visits farm as part of Great British Beef Week
International Trade Secretary Liz Truss and NFU President Minette Batters visited Yorkshire beef farmers Michael and Margaret Atkinson to celebrate Great British Beef Week and to explore how the UK government and farmers can make the most of future export...
Editorial - The European Commission must move away from abstractions when discussing agriculture
In an opinion piece, Copa and Cogeca Vice President and crop farmer Pedro Gallardo explains that the European Commission's response on novel genomic techniques (NGTs) must evolve beyond an abstract debate and focus on workable solutions. ...
28 April 2021
CME update: US cattle futures ease as grain costs rise
US live cattle futures fell on 27 April, as higher input costs could lead to near-term selling of cattle as producers are resistant to paying higher feed costs....
Feeding cattle seaweed reduces their GHG emissions 82%
A bit of seaweed in cattle feed could reduce methane emissions from beef cattle as much as 82 percent, according to new findings from researchers at the University of California, Davis....
27 April 2021
CME update: cattle futures climb on monthly report
US live cattle futures gained on 26 April, supported by Friday’s monthly Cattle on Feed report that showed smaller-than-expected placements....
Brazil’s meatpackers turn to wheat as a feed alternative as corn prices surge
Large Brazilian meatpackers are embracing wheat as they try to fend off a rise in the cost of corn, the main livestock feed ingredient....
26 April 2021
CME update: cattle futures close narrowly mixed ahead of Cattle on Feed report
US live cattle futures ended narrowly mixed on 23 April, with nearby contracts pressured by lackluster cash cattle trade and position-squaring ahead of the monthly Cattle on Feed report....
Canada's 2021 budget to include climate action for the ag sector
Budget 2021 is the Government of Canada's plan to finish the fight against COVID-19 and ensure Canada remains on a robust economic footing - and climate-friendly agriculture is a key strategy. ...
5 starter tips to help protect your farm data
Producers and small businesses across Australia’s red meat and livestock industry can protect their data from common cyber-attacks with a new, easy-to-read guide about cyber security, that’s available to download for free....
24 April 2021
Home cooking and alcohol drove global grocery sales in 2020, says Kantar report
The global grocery sector grew by a record 10% in 2020 according to industry data, as pandemic restrictions forced consumers to stay at home....
23 April 2021
CME update: cattle futures extend their slide as corn prices surge higher
US cattle futures closed lower on 22 April for the tenth time in the last eleven sessions, pressured by fund-driven long liquidation and soaring corn prices that threaten cattle feeders’ profits....
Weekly beef and dairy digest: analysis of Spain's meat sector
In this week's beef and dairy digest, read about Spain's meat sector and China's changes to its feed guidelines. ...
USDA wants farmers' ideas on how food supply chains can be strengthened
The USDA is seeking public comments on how to make the US food system supply chains more resilient, diverse and secure. ...
22 April 2021
CME update: cattle futures sag on technical selling
US cattle futures closed lower on 21 April on lackluster cash markets, soaring feed costs and technical selling....
Brazil’s meat lobby says new tariff waiver allows cheaper corn imports from US and Ukraine
Brazil’s decision to temporarily waive tariffs on grain imports could pave the way for cheaper corn from the Ukraine and US that could undercut Mercosur-based grain growers, says ABPA leader....
21 April 2021
CME update: cattle futures bounce after eight-session losing streak
US live cattle futures closed higher on 20 April for the first time in nine sessions as brisk demand for beef prompted a round of bargain-buying....
Argentina re-establishes a meat export registration system, sparking fears of limits on shipments
Argentina has set up a meat export registration system, stoking fears among cattle ranchers of possible export limits as the government tries to hold down domestic food prices in the face of double-digit inflation....
20 April 2021
CME update: live cattle futures extend their slide
US live cattle futures fell on 19 April, extending their slight to eight straight sessions on long liquidation and signs that surging wholesale beef prices may have reached a seasonal top....
 
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