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Cattle Industry News By Category: Economics

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"....
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....
Danish Crown Introduces New Climate-friendly Packaging for Foodservice
DENMARK - From Thursday, 28 November, customers at Dagrofa Foodservice in Denmark and the 29 S-Wholesale stores across the country will find that the minced beef packages have changed from the classic black tray to a tubular packaging without oxygen....
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?"...
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....
Japan Set to Resume Beef Exports to China
JAPAN - Tokyo and Beijing on Monday concluded an agreement on animal health and quarantine, taking a key step toward the resumption of Japan’s beef exports to China, halted since 2001....
Saudi Arabia Permits Beef Imports from Poland
POLAND - The veterinary services of Saudi Arabia approved the import of beef products from Poland due to the positive results of the audit, General Veterinary Inspectorate (GIW) said on Friday. ...
IFA Hands in Letters of Protest Over Beef Price, Breaches of Sector Agreement
IRELAND - IFA President Joe Healy and members of the National Council of the IFA handed in letters of protest to Meat Industry Ireland and the Minister for Agriculture Michael Creed yesterday over the failure of meat factories to increase beef prices...
Pro-meat Campaign May Have Turned Some Social Media Users Against Planetary Health Diet
GLOBAL - Social media campaign attacking academic research related to healthy diets may have influenced social media audiences more than communications from research organisations....
25 November 2019
CME: Total Cattle Slaughter in October Higher Than a Year Ago
US - USDA-NASS published the official October livestock production statistics and the data confirmed what we had gleaned from the various daily and weekly reports - big gains in pork production but only a marginal increase in the supply of beef coming...
Potential for US Export Growth to Europe a Hot Topic at Anuga
EU - Growing momentum for US beef in the European Union was in evidence at the Anuga food trade show, where USMEF promoted US red meat and met with existing and potential customers from several key international markets....
QMS Campaign Encourages Consumers to Choose Meat with Integrity
SCOTLAND, UK - Quality Meat Scotland’s (QMS) recent campaign to raise awareness of the quality and provenance of Scotch Beef PGI, Scotch Lamb PGI and Specially Selected Pork has produced impressive results....
22 November 2019
CME: Robust Lean Beef Demand, High Priced Imports Bolster Value
US - Robust demand for lean beef and high priced imports have bolstered the value of beef end cuts and pushed the choice cutout far higher than most expected for this time of year, reports Steiner Consulting Group, DLR Division, Inc....
NFU Letter Urges Farmers to Showcase Best of British Livestock Farming
UK - NFU Vice President Stuart Roberts has written to "Farmers Weekly" and "Farmers Guardian" encouraging farmers to showcase the great story that British livestock farming has to tell....
'Politicking' Holding Back Prosperity, Progress, Says NFUS
SCOTLAND, UK - NFU Scotland’s President Andrew McCornick used the annual AgriScot event, held at Ingliston this week (20 November 2019) to demand that progress replaces political stagnation and uncertainty....
21 November 2019
Japan's Beef Exports to China Likely to Resume in 2020
JAPAN - Japan is in the final stage of talks with China to resume exports of beef to the world’s most populous market for the first time in about two decades, government sources said Thursday....
New Beef Price Index Shows Irish Farmers Due an Increase, IFA Reports
IRELAND - IFA President Joe Healy said that the new beef price indices published by Bord Bia show that the beef market is improving and that farmers must get an immediate price increase....
20 November 2019
CME: Notable Increase Expected On Total Feed Supply
US - USDA will publish on Friday the results of its monthly survey of feedlots with +1000 head capacity, reports Steiner Consulting Group, DLR Division, Inc....
IFA: Significant Report on Technology Use in Agriculture Launched
IRELAND - Farm Business Skillnet, in conjunction with IFA, today (20 November) launched the findings of an extensive research project on the adoption of and attitudes towards digital technology in Irish agriculture. ...
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