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Cattle Industry News By Category: Slaughter

22 October 2020
CME update: US cattle futures retreat after modest gains
US live cattle futures eased on 21 October, retreating back toward seven-week lows hit on 19 October after a bargain buying fizzled as investors eyed plentiful cattle supplies....
19 October 2020
CME update: cattle futures sink as domestic and export demand for beef slackens
US cattle futures dipped on 16 October as traders contended with weaker-than-expected export figures....
16 October 2020
CME update: US cattle futures dip as the second wave of COVID-19 increases
US cattle futures sank on 15 October as impending COVID-19 lockdowns in Europe threaten global meat demand....
15 October 2020
CME update: cattle futures dip as wholesale beef prices soften
US cattle futures sank on 14 October following the cash markets lower while wholesale beef prices continue to decrease....
J&F Investimentos, parent company of Brazil’s JBS, pleads guilty to US foreign bribery charges
Brazil’s J&F Investimentos plead guilty to US foreign bribery charges and agreed to pay $128.25 million in criminal fines....
14 October 2020
CME update: cattle futures rebound after recent losses
US live cattle futures corrected on 13 October amid a stronger wholesale market....
13 October 2020
CME update: cattle futures slip as market feels seasonal pressure
US live cattle futures fell on 12 October following softening seasonal demand and the continued impact from backlogs at slaughterhouses....
Women underrepresented in meat industry workforce - new report
New report shows that women make up 36 percent of meat industry work force, 14 percent of board-level director positions and 5 percent of executive roles. ...
09 October 2020
German minister calls for meatpackers to work longer hours after latest COVID-19 outbreak
Germany’s agriculture minister has called for state governments to allow slaughterhouses and meat packing plants to work longer hours to address a backlog of animals that built up on farms during the first wave of the coronavirus....
08 October 2020
New COVID-19 outbreak in Germany shutters meatpacking plant
A German slaughterhouse contending with a coronavirus outbreak has been ordered to close by health authorities....
07 October 2020
CME update: US cattle futures trade mixed, with live contracts edging higher
US live cattle contracts received support from the strengthening cash markets on 6 October....
06 October 2020
CME update: strong cash markets boost cattle futures
US live cattle futures gained ground on 5 October on expectations that cash prices will remain advantageous....
05 October 2020
CME update: cattle futures sag as demand looks uncertain
US live cattle futures fell on Friday 2 October, taking a que from falling global financial markets after President Donald Trump tested positive for COVID-19....
COVID-19 crisis spurs automation at abattoirs
Meat processors are embracing automation as a way to keep production steady after outbreaks of coronavirus at meat plants across the world sickened workers....
30 September 2020
CME update: cattle futures climb as demand strengthens
US live cattle futures rose on 29 September as traders noted signs of strong beef demand and expectations of firm cash cattle trading this week....
Major meatpackers refuse to pay worker benefits for COVID-19 infections and deaths
An in-depth analysis from Reuters outlines the experiences of meat plant workers who were infected with the novel coronavirus while on the job and how major meat are denying sickness and death compensation claims....
25 September 2020
CME update: cattle futures move up as supplies grow tighter
US live cattle futures rose to their highest in more than a month on 24 September as cash markets stabilised and traders feared that cattle supplies will tighten in the coming months....
24 September 2020
CME update: cattle futures gain ground ahead of USDA report
US live cattle futures rose on 23 September as traders weighed improving slaughter rates against expectations of higher placements in the USDA’s Cattle on Feed report....
23 September 2020
CME update: cattle futures sag ahead of monthly USDA report
CME live and feeder cattle futures fell on 22 September in anticipation of Friday’s Cattle on Feed report from the USDA....
German police crack down on undocumented workers in abattoirs
German police have searched more than 40 businesses and homes in five different states as part of an investigation into foreign workers being illegally brought into the country to work in the meat packing industry....
14 September 2020
CME update: live cattle futures rise as shifts in pork market could mean increased consumption of beef
Traders report that increased sales of US pork to China could push up prices, spurring US consumers to buy more beef....
11 September 2020
CME update: live cattle futures close higher, bolstered by optimism in pork market
CME live cattle futures edged higher on 10 September, despite declining cash cattle and wholesale beef prices....
10 September 2020
Ireland suspends coronavirus testing at meat plants as demand for tests increases
Ireland’s Health Service Executive (HSE) has suspended COVID-19 testing for meat plant workers as demand for screening increases and capacity is stretched....
CME update: cattle futures close lower as cash trade falters
US live cattle futures sank on 9 September on a disappointing start to the cash cattle trade....
09 September 2020
How the novel coronavirus swept through Brazil’s JBS slaughterhouses
As JBS, the world’s largest meatpacker, reported second-quarter net profits that were twice as high as analysts expected, Reuters sheds a light how the company contended with COVID-19 outbreaks and deaths among its plant workers in Brazil....
01 September 2020
CME update: cattle futures rebound, breaking their seven-session losing streak
US live cattle futures jumped on 31 August to snap an ongoing losing streak....
31 August 2020
CME update: cattle futures extend losing streak
US live cattle futures fell for a seventh straight day on 28 August as traders waited for the seasonal slowing of demand after the Labour Day holiday....
28 August 2020
CME update: cattle futures continue their losing streak
US live cattle futures dropped for the sixth day in a row on 27 August as cash markets remain weak....
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