TheBeefSite Latest News: United States
08 June 2020
CME update: cattle futures fall as slaughter pace normalisesUS live cattle futures fell on 5 June as prices for market-ready cattle ease and packer profit margins decline....
05 June 2020
CME update: economic optimism gives bump to cattle futuresUS live cattle futures firm for a second day on 4 June on technical buying and hopes of an economic upswing....
US NFU backs Carbon Credit Verifier Certification Bill A bipartisan bill that helps provide certainty to farmers who adopt climate-friendly practices has been introduced to the US Senate. ...
04 June 2020
CME update: cattle futures rise after a three-session slideUS live cattle futures rose slightly on bargain buying after a slump earlier this week....
Pandemic continues to hammer US farmer sentimentCOVID-19 continues to impact farmer sentiment around the country as the majority of producers indicate an additional economic assistance bill is necessary. ...
03 June 2020
CME update: cattle futures slump as wholesale beef prices fallUS live cattle futures fell on 2 June, with the August contract hitting its lowest level in nearly a month....
02 June 2020
CME update: live cattle futures close lower despite market optimismUS live cattle futures closed lower on 1 June despite strength in cash markets....
US supply chain disruptions continueWhen workers essential to the food supply become ill, how does this affect the food supply chain within the meat industry?...
Farmers regularly face isolation; it's important to stay connectedThe inherent nature of the agricultural occupation is independent. Isolation is often linked to impacts on mental health and loss of life by suicide, writes Eric Karbowski, Michigan State University Extension....
01 June 2020
US Senator sees US keeping up with trade deal with China despite worsening relationsUS Senator Chuck Grassley says he does not expect President Trump to walk away from a Phase 1 trade deal with China despite escalating tensions between the two countries....
Changes on Dairy Farms Are Wins for Beef, TooTechnology advancements and economic necessity have changed breeding practices on dairies, creating more calves that are fully functional in the beef industry and higher quality beef with Choice and Prime grades. ...
29 May 2020
COVID-19 has infected more than 3,000 US meat plant workersA union representing US meat packing workers has reported that more than 3,000 workers have contracted the new coronavirus....
CME update: cattle futures end higher as cash prices maintain discountUS live cattle futures ended mostly higher on 28 May....
28 May 2020
CME update: cattle futures buoyed by economic optimism and discount to cash pricesUS cattle futures rose for a second day in a row on 27 May as easing COVID-19 restrictions across the US boosted optimism about the general outlook for the economy and beef demand....
27 May 2020
Smaller meat processors face backlogs as coronavirus continues to shutter large slaughterhousesSmall meat processors across the US and Canada report months-long bottlenecks as farmers search for abattoirs to process backlogged livestock....
CME update: cattle futures rally along with the stock marketUS cattle futures rose alongside the rising stock market as the economy slowly reopens....
25 May 2020
USDA greenlights $1 billion in loan guarantees for farmersThe USDA is making $1 billion in loan guarantees available to rural business and farmers to meet their working capital needs as the health crisis continues. ...
CME update: live and feeder cattle futures slip upon release of cold storage dataUS live and feeder cattle futures closed lower on 22 May ahead of the USDA Cattle on Feed report and after lacklustre cold storage data was released....
23 May 2020
New Iowa State web hub lets users track COVID-19’s economic impacts in the USTracking COVID-19’s economic impacts, especially in the state of Iowa, is now possible thanks to resources on a new web hub....
22 May 2020
USDA reports tightened meat inventoriesUS meat inventories have contracted after COVID-19 outbreaks shuttered slaughterhouses – USDA....
US farmers now eligible for direct assistance from CFAP programmeUSDA details financial supports available to farmers who experience losses from COVID-19 through the Coronavirus Food Assistance Programme (CFAP). ...
CME update: live cattle futures rise against cash marketsCME live cattle futures firmed while feeder cattle fell slightly ahead of the 22 May USDA cattle on feed report....
21 May 2020
Purdue University and Microsoft team up to calculate COVID-19 impact on agricultureNew collaboration between Purdue University and Microsoft calculates agricultural product supply risk stemming from COVID-19 worker illnesses....
CME update: live cattle futures sink as slaughter rate risesUS live cattle futures dipped on 20 May due to oversupply despite reopened processing plants....
20 May 2020
NCBA welcomes new coronavirus relief measures for US cattle producersThe National Cattlemen's Beef Association (NCBA) welcomes new details of the CFAP programme that aim to help cattle producers, but stress that more needs to be done to protect family-owned cow-calf and stocker operations. ...
President Trump proposes halting US cattle imports to protect ranchersPresident Trump floats terminating trade deals where the US imports cattle in an effort to assist US ranchers negatively impacted by COVID-19....
CME update: live cattle futures rise as slaughtering ramps upUS live cattle futures firmed despite increased slaughter numbers....
19 May 2020
How to transport calves without troubleThe transported calf is subject to a series of stresses, stresses that would even greatly challenge a mature immune system....
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