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Cattle Industry News By Category: Markets

20 August 2019
Korea to Export More Beef to HK
SOUTH KOREA - The Hanwoo Board plans to build a stronger distributor network and boost sales of premium Korean beef, called hanwoo, in Hong Kong, which was the biggest importer in 2018, the quasi-government body said Tuesday....
Ag Minister to Join Beef Talks; Income Crisis Must be Addressed, Says IFA
IRELAND - At the conclusion of day two of the beef talks, IFA President Joe Healy said that Agriculture Minister Michael Creed has agreed to get involved directly in the talks with a view to resolving the outstanding issues, especially around the 30-month...
National Livestock Movement Bans May Prove Economically Damaging
UK - New research from the University of Warwick has pioneered an economic perspective on controlling livestock diseases. Focusing on Foot and Mouth Disease (FMD), bovine TB (bTB) and bluetongue virus (BTV), the researchers draw striking conclusions about...
19 August 2019
CME: Bearish News for Cattle Market
US - Slaughter and feeder cattle prices have been under steep pressure this week, reports Steiner Consulting Group, DLR Division, Inc....
Beef Imports from Australia Grow Rapidly, Aided by Preferential Lower Tariffs
CHINA - China has substantially increased beef imports from Australia in the first seven months of 2019, reaching the yearly imports quota under the free trade agreement between the two countries four months earlier than expected....
16 August 2019
CME: CPI for All Meat Items Up in July
US - The Department of Labor reported on Tuesday that consumer price inflation was perking up in July after being close to unchanged in June, according to Steiner Consulting Group, DLR Division, Inc....
IFA Encourages Farmers to Apply for New €100m BEAM Scheme
IRELAND - IFA National Livestock Chairman Angus Woods has strongly encouraged all eligible beef and suckler farmers to apply for the new €100m BEAM scheme (Beef Exceptional Aid Measure)....
Meat with Integrity Radio Ads Set to Reach Over 1.8m Consumers
SCOTLAND, UK - Over 1.8 million Scottish consumers are set to hear the Scottish red meat industry’s positive sustainability and animal welfare credentials in a new radio campaign launched next week by Quality Meat Scotland (QMS)....
15 August 2019
Union Calls for Greater Origin Labelling on Processed Beef
SCOTLAND, UK - In a letter to the Defra Minister George Eustice, NFU Scotland has made it clear that shoppers must have the ability to identify where the beef they are buying comes from, whether fresh or processed. ...
13 August 2019
CME: Damaged Tyson Plant Represents About 6% of Overall US Fed Cattle Packing Capacity
US - On Friday one of the largest beef packing plants in the US was damaged by fire and the event has the potential to cause significant disruptions to both beef and cattle markets, reports Steiner Consulting Group, DLR Division, Inc....
NFU Says University Decision to Ban Beef 'Overly Simplistic Approach'
UK - NFU Vice President Stuart Roberts has called the move by Goldsmiths University to ban beef from its campus food outlets 'overly simplistic' and said it shows a lack of understanding of how British beef is produced, compared to beef production globally....
Tyson to Rebuild Kansas Beef Plant, Pay Workers Following Fire
US - A fire partly destroyed the Tyson Foods beef plant in Holcomb, Kansas on Friday, 9 August. The plant will be down indefinitely. ...
Talks Make Some Progress on Issues for Beef Farmers
IRELAND - The beef talks in Backweston have concluded after more than 12 hours of discussions between the various parties....
12 August 2019
CME: Steady Increase in Fed Cattle Weights in Early-June
US - According to Steiner Consulting Group, DLR Division, Inc, fed cattle weights have been steadily increasing since early June but the rate of gain has been in line with normal seasonal patterns and overall carcass weights remain modestly under year...
University Bans Beef from Cafes to Tackle Climate Crisis
UK - A university has banned the sale of beef in campus food outlets in order to help tackle the climate emergency....
Cattle Markets Gain Momentum
BANGLADESH - The cattle markets in Dhaka have started to gain momentum with buyers turning up in increased numbers, ahead of the holy Eid-ul-Azha to be observed in the country on Monday....
US Beef Producers Expect Closer Collaboration with China
US - US beef producers are looking forward to gaining a larger share in China, one of the fastest-growing beef markets in the world, an industry expert has said....
Saudi Cattle Imports Rise
SAUDI ARABIA - More than 4 million head of cattle were imported into Saudi Arabia through Jeddah Islamic Port in the first seven months of this year, the Saudi Ports Authority said....
IFA President Urges Retailers to Attend Beef Talks
EU - IFA President Joe Healy has said that retailers and the EU Commission must be included in the talks that the Minister for Agriculture Michael Creed has convened for today (12 August)....
Range of Factors Affecting Prime Cattle Prices
UK - Although prime cattle producers have seen prices firm slightly in the week ending 3 August, prices are still 8.5 percent below last year, according to the latest market analysis from Quality Meat Scotland (QMS)....
09 August 2019
Illegal Cattle Markets Sprouting in Sylhet Ahead of Eid-ul-Azha
BANGLADESH - With Eid-ul-Azha approaching fast, illegal cattle markets are being set up in various areas across Sylhet sadar upazila....
US Red Meat Cuts Introduced at Culinary Camp in Philippines
PHILIPPINES - US lamb riblets, US pork loin shoulder end and US beef top blade muscle were among the cuts introduced to chefs, restaurant owners and importers in the Philippines at a USMEF culinary training camp. ...
IFA Urges Green Party to Support Beef, Dairy Sectors
IRELAND - Thomas Cooney, IFA Environment Chairman has rejected Green Party calls for less of Ireland’s sustainable dairy and beef produce, as a solution to the climate challenge....
QMS Response to IPCC Report
SCOTLAND, UK - The Scottish red meat industry’s important sustainability credentials have been highlighted by Kate Rowell, Chair of Quality Meat Scotland (QMS)....
08 August 2019
IFA Says Move Made by Meat Industry Ill-advised, Counterproductive
IRELAND - IFA President Joe Healy has described the move by Meat Industry Ireland to take legal action as heavy-handed, ill-advised and counterproductive in terms of finding a solution to the very serious issues affecting beef farmers....
Seminar Promotes Alternative US Beef Cuts in Taiwan
TAIWAN - Introducing alternative cuts of US beef to the catering and foodservice sectors in Taiwan, USMEF organized a seminar titled, "Changing the Meat We Eat", at the Hotel Fleur de Hine in Nantou County, funded by the Wyoming Beef Council and the Beef...
Strong Finish to First Half for US Beef Exports
US - US pork and beef exports were above year-ago levels in both volume and value in June, according to data released by USDA and compiled by the US Meat Export Federation (USMEF). Strong results in South Korea and Taiwan pushed beef export value to the...
07 August 2019
CME: June Beef Exports Slightly Lower Than a Year Ago
US - Official June trade data was released at the end of last week and in this update we plan to offer a recap of the latest information but also how the monthly statistics compare with the weekly data we currently get on Thursdays, according to Steiner...
 
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