TheBeefSite Latest News: United States
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. ...
05 November 2020
US Congress agriculture leader loses election, unsettling US farm sectorDemocratic Representative Collin Peterson, House Agriculture Committee chair, failed to win re-election in Minnesota on 3 November....
04 November 2020
US NFU slams Trump administration's exit from Paris Climate AgreementThe US withdrawal from the Paris Climate Agreement is "shameful", says National Farmers Union. ...
03 November 2020
UK trade ministry reports that bilateral trade talks with the US are “on track”Britain and the United States report that ongoing trade talks are heading towards a comprehensive agreement....
CME update: live cattle futures climb higher along with wholesale beef pricesUS live cattle futures edged higher on 2 November as rising wholesale beef prices buoyed the market in light-volume trade....
02 November 2020
CME update: live cattle edge higherUS live cattle futures closed higher on 30 October for a fourth straight session....
30 October 2020
CME update: live cattle futures jump 3 percent as supplies tightenUS live cattle futures closed higher on 29 October on expectations that tight cattle supplies and rising demand for beef will buoy cash cattle markets....
29 October 2020
CME update: cattle futures advance as demand remains steadyUS live cattle futures rose on 28 October as domestic demand remains steady....
28 October 2020
Rural Americans and food workers are going hungry despite US government farm aidThe United States reports higher levels of hunger and food insecurity as the COVID-19 pandemic and its economic fallout hammer US families....
CME update: cattle futures rebound as traders adjust to new supply realityUS live cattle futures rebounded on 27 October as packers kept processing at a higher-than usual pace....
Tyson workers to replace some federal inspectors at US beef plant, with pork and poultry companies following suitTyson Foods says that it plans to have company employees take on duties from more than a dozen federal inspectors from January 2021....
27 October 2020
CME update: live cattle futures hit lowest price since June amid supply pressureUS live cattle futures fell on 26 October, with the most-active contract sinking to its lowest price since June....
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