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Cattle Industry News By Category: Markets

06 April 2018
CME: US Beef Imports Expected to Move at Slow Pace in Q2/2018
US - Through the first quarter US beef imports are up about 6 per cent compared to the same period a year ago. However, the pace of imports has slowed down in recent weeks and we expect only a modest increase in Q2, reports Steiner Consulting Group,...
Ex-US Ambassador to China, Cattlemen Comment on Tariffs on US Farm Products
US - After China announced plans to target US agricultural exports as retaliation for US tariffs, Max Baucus, a former US ambassador to China who is now co-chair of Farmers for Free Trade, released a statement expressing concern about the impact on the...
Beef, Lamb Exports Expected to Break $3bn
NEW ZEALAND - Both beef and lamb exports are expected to break the $3 billion mark for the first time as high lamb, mutton and beef prices bump up this season’s forecast profit for sheep and beef farmers, according to Beef + Lamb New Zealand’s (B+LNZ)...
Tighter Finished Cattle Supplies to Drive Price Increases
IRELAND - IFA National Livestock Chairman Angus Woods said cattle prices are moving in the right direction and feeders are expecting strong price increases over the coming weeks as supplies tighten and UK prices continue to increase....
05 April 2018
CME: Fear of Escalating Trade War Grips Market Participants
US - Livestock futures opened sharply lower once again yesterday as market participants remain gripped by fear of an escalating trade war between the two largest economies in the world, reports Steiner Consulting Group, DLR Division, Inc....
Tyson Foods Sets 2M Acre Land Stewardship Target
US - Tyson Foods, Inc. has committed to support improved environmental practices on two million acres of corn by the end of 2020. It is the largest-ever land stewardship commitment by a US protein company and supports Tyson Foods’ recently announced...
China's Latest Tariff Announcement Puts Business Relationships, Opportunities at Risk, Says USMEF
US - Yesterday, the Chinese government announced a proposal to levy retaliatory tariffs of 25 per cent on China’s imports of agricultural and food products from the United States, including US beef....
NFU Urges Plan to Protect Family Farmers from Brunt of Trade War
US – In the latest of a series of tariff threats exchanged between the United States and China, the Chinese Ministry of Commerce (MOC) has announced plans to impose a 25 per cent tariff on $50 billion worth of US goods, including soybeans corn, beef,...
04 April 2018
CME: Livestock Futures Markets Down at Start of W14
US - Livestock futures markets were down Monday as market participants worry about the immediate impact of a 25 per cent tariff on US pork but also the effect that a trade war with China will have on the broader economy, reports Steiner Consulting...
AACo Abattoir, Beef Business Under Review as Profits Slide
AUSTRALIA - Three years after opening its $100 million abattoir near Darwin, Australia's largest cattle company has launched a review into the underperforming asset....
Kickoff Event in Riyadh Marks Return of US Beef to Saudi Arabia
SAUDI ARABIA - Recognizing US beef’s return to Saudi Arabia, USMEF teamed with the US Embassy in Riyadh to organize a "US Beef Kickoff" event at the Radisson Blu hotel....
Agriculture, Agri-Food Canada Announce Canadian Ag Partnership
Canada’s agriculture and food system is a leading producer of high-quality, safe products and a key driver of the country’s economic growth...
27 March 2018
CME: Key Numbers in Latest COF Report Higher Than Expected
US - All key numbers in the latest 'Cattle on Feed' report were higher than analysts were expecting and the results may be construed as moderately bearish for futures when they open on Monday, reports Steiner Consulting Group, DLR Division, Inc....
Uttar Pradesh Orders Probe into Illegal Beef Export
INDIA - The Uttar Pradesh government has ordered a probe into the alleged connivance of the state’s health officials with meat exporters to ship cow meat illegally. ...
26 March 2018
CME: Beef Inventories at February-end Lower Than a Year Ago
US - On Thursday afternoon, USDA issued the results of its monthly 'Cold Storage' survey and we thought the results were generally bearish for meat protein prices, reports Steiner Consulting Group, DLR Division, Inc....
Cattlemen Applaud Final Approval of Omnibus Bill
US - President Donald Trump signed the $1.3 trillion spending bill to keep the federal government open Friday behind closed doors, then emerged to excoriate Congress for passing the legislation in the first place....
US Beef Flat Iron Steak Centerpiece of Jordanian Junior Culinary Challenge
JORDAN - US beef flat iron steak was highlighted for the first time during the Jordanian Junior Culinary Challenge, an event held in Amman, Jordan, and co-sponsored by USMEF. ...
23 March 2018
CME: Fed Cattle Futures Once Again Lower on Mid-W12
US - Fed cattle futures were lower once again on Wednesday, with April cattle down 187 points and June cattle down 162 points from the previous close, according to Steiner Consulting Group, DLR Division, Inc....
Manitoba Hosts EU Delegation to Promote Trade, Investment Opportunities
CANADA - The Manitoba government is hosting roundtable discussions with representatives from European Union (EU) member states to raise awareness of trade and investment opportunities in Manitoba under the Canada-EU Comprehensive Economic and Trade Agreement...
Massive Cattle Deaths Pose Threat to Food Security in Somalia
SOMALIA - The United Nations Organization (UNO) for Food and Agriculture (FAO) warned this week that the mass death of cattle due to intense drought threatens livelihoods and food security in Somalia....
Achieving Healthy, Climate-friendly, Affordable Diets in India
INDIA - New research led by IIASA researcher Narasimha Rao has shown how it might be possible to reduce micro-nutrient deficiencies in India in an affordable way whilst also reducing greenhouse gas emissions....
IFA Accuses EU Trade Commissioner of Naivety in Mercosur Negotiations
EU - IFA President Joe Healy said EU Trade Commissioner Cecilia Malmstrom is extremely naive to believe that the Brazilians are going to conform to the rules in any Mercosur trade agreement with the EU, especially with regard to meeting EU standards on...
Study Reveals Being Top Carnivores No Reason for HK to Celebrate
HONG KONG - A recent study by the Joint Research Centre of the European Commission found each person in Hong Kong eats on an average about 102 kilograms of meat a year; surprisingly this is more than either Europeans or North Americans....
22 March 2018
Influence feed: Bracing for trade retaliation
Stay current on the latest food and agriculture issues impacting your business with Influence Feed by Zoetis. Influence Feed tracks the top 1,500 most influential voices across all segments of food and agriculture to bring you insights in a convenient...
21 March 2018
CME: Canadian Inventory of All Cattle, Calves up 1.4% as of 1 January
US - Last Friday afternoon, CanFax released their monthly compilation of Canadian cattle on-feed. Those data include two provinces, Alberta and Saskatchewan, reports Steiner Consulting Group, DLR Division, Inc....
Scottish Suckler Herd Down but Productivity Up, Reports QMS
SCOTLAND, UK - The latest Scottish agricultural census figures reveal the Scottish suckler cow herd is down 1.3 per cent year-on-year, making the beef herd 12 per cent smaller than it was a decade ago....
Danish Crown Group Acquires Pepperoni Giant DK-Foods
DENMARK - Through the acquisition of the Danish pepperoni giant DK-Foods the Danish Crown group will become a European market leader in pepperoni toppings for pizzas. DK-Foods will operate as a separate business unit under Danish Crown's subsidiary Tulip...
NFU Response to UK, EU Agreed-upon Terms for Brexit Transition Period
UK & EU - The NFU has given a cautious welcome to details of a 21-month transitional period as part of the agreement to the UK leaving the EU...
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