TheBeefSite Latest News: United States
03 December 2020
CME update: cattle futures make further gains on strong cash tradeUS live cattle futures gained on 2 December, finding support in a firming cash cattle market as traders weighed consumer demand prospects....
US NFU welcomes Justice for Black Farmers ActThe National Farmers Union says that the newly introduced Justice for Black Farmers Act is an "important step" towards racial equity in the United States. ...
02 December 2020
CME update: live cattle futures strengthen alongside beef demandUS live cattle futures rose on 1 December, supported by strengthening US consumer demand and high wholesale beef prices....
01 December 2020
CME update: cattle futures slip as exports weakenUS live cattle futures lost ground on 30 November as traders weighed weak beef exports against increasing beef production and climbing boxed beef prices....
30 November 2020
CME update: live cattle futures lose ground as exports appear weakUS live cattle futures trimmed on 27 November on profit-taking during a shortened holiday-trading day....
26 November 2020
CME update: live cattle futures climb as cash markets and beef demand become more optimisticUS live cattle futures rose on 25 November for a fourth straight session, climbing ahead of the US Thanksgiving holiday on 26 November....
25 November 2020
CME update: cattle futures inch up alongside beef pricesCattle futures closed higher on 24 November for a third straight session, lifted by surging wholesale beef prices and optimism surrounding the COVID-19 vaccine....
24 November 2020
CME update: live cattle futures rise 2 percent on feedlot data and beef pricesUS cattle futures closed higher on 23 November, bolstered by a supportive monthly cattle-on-feed report issued on 20 November....
23 November 2020
CME update: cattle futures rebound on technical, short-covering after a steep dropUS cattle futures rebounded on 20 November from steep losses in the 19 November session in an end-of-week short-covering and technical bounce....
Researchers identify link between community transmission of COVID-19 and livestock processingA new article published by PNAS suggests that slaughterhouses across the United States acted as COVID-19 transmission vectors and accelerated the spread of the virus in the communities that surrounded them....
Beef cattle nutrients enter new seasonal concernsNutritional requirements for beef cattle require a slight shift between seasons, Oklahoma State University Extension specialists said....
20 November 2020
CME update: cattle futures tumble as surge in coronavirus sparks demand worriesUS cattle futures plummeted on 19 November on worries about demand for beef as soaring COVID-19 infections across the country threatened more restaurant and food service closures and forced more Americans to shelter at home....
19 November 2020
CME update: cattle futures retreat as COVID-19 surge stokes demand worriesUS cattle futures plunged on 18 November as rising COVID-19 infection rates sparked concerns about potential supply chain disruptions and reduced demand for beef as health restrictions shutter restaurants and discourage travel....
Data shows that US farmers earn 11.9 cents for each Thanksgiving food dollarAhead of the Thanksgiving holiday, the US NFU says that higher grocery prices demonstrate the need for nutrition assistance for Americans and antitrust enforcement. ...
Chocolate milk: Sports drink of championsIt is the time of year when students are gearing up for the fall sports season. Whether playing football, volleyball or soccer, youth are practicing hard, sweating and burning many calories. ...
18 November 2020
CME update: cattle futures rise on firm cash market and higher beef pricesUS live cattle futures rose for a second straight session on 17 November, lifted by higher cash beef prices and signs that cash cattle at feedlot auctions would trade at steady to higher prices this week....
US Agricultural Alliance releases transformative climate policy recommendationsAgriculture and environmental groups find ways that farmers, ranchers, forest owners and food sector can deliver and benefit from climate solutions....
17 November 2020
CME update: cattle futures bounce back as Wall Street rallies, but worries remainUS cattle futures ended mostly higher on 16 November on spill-over support from soaring equities markets....
Tyson beats profit estimates and sees lower COVID-19 costs for 2021Tyson Foods beat Wall Street’s estimates for its fourth-quarter profit on 16 November, but faces rising costs for animal feed and increasing uncertainty over labour as COVID-19 cases surge in the US....
16 November 2020
CME update: cattle futures sag as COVID-19 spike threatens beef demandUS livestock futures slumped on 13 November as surging coronavirus cases raised expectations for lockdowns on commerce that will hurt demand for meat from restaurants, hotels and other venues....
12 November 2020
CME update: live cattle futures rise on boxed beef strengthUS live cattle futures gained ground on 11 November as strength in the cash market and firm beef cut-out prices offered on-going support....
US meat company fights state order to close after coronavirus outbreakA US meat company that supplies Walmart and Costco is suing the state of New Mexico to fight an order that seeks to close a production facility where more than 100 workers have tested positive for COVID-19....
11 November 2020
CME update: feed cattle futures dip as corn prices riseUS feeder cattle futures ended lower on 10 November after nearing a six-week high as skyrocketing corn prices signalled that feed costs will increase....
10 November 2020
CME update: live cattle futures skyrocket on COVID-19 vaccine hopesUS live cattle futures reached a four-week high on 9 November and feeder cattle hit their highest prices in more than five weeks after global media outlets reported progress towards a COVID-19 vaccine....
09 November 2020
CME update: live cattle futures inch up despite slowed slaughter paceUS live cattle futures gained slightly on 6 November after a week of range trading....
US NFU vows to work with incoming administration on key prioritiesThe National Farmers Union is ready to work with the incoming Biden administration to strengthen rural communities and the US food system. ...
Steering towards grazing fieldsIt makes sense that a 1,200 pound Angus cow would place quite a lot of pressure on the ground on which it walks. But a new study shows that even these heavy beasts can’t do much to compact common soils — if they’re grazed responsibly....
06 November 2020
Weekly beef and dairy digest: US beef exports gain ground dairy market remains steadyJim Wyckoff's latest cattle industry update shows improving US beef exports and steady growth in the dairy sector. ...
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