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Cattle Industry News By Category: Markets

17 July 2019
CME: Q2 Choice Beef Supplies 1% Higher Compared to a Year Ago
US - The Choice-Select spread has steadily climbed to over $23 per cwt in mid-July, approximately $5 per cwt ahead of the five year average, according to Steiner Consulting Group, DLR Division, Inc....
Bangladesh to Stop Cattle from India
BANGLADESH - The government has decided to halt smuggling of cattle from India to ensure fair price for local farmers and traders during the Eid-ul-Azha....
Govt To Compensate Farmers Who Lost Cattle to Theileriosis
ZIMBABWE - The government has undertaken to compensate all farmers in Mashonaland East province who lost their cattle to Theileriosis also known as January disease....
16 July 2019
CME: Liquidation of Dairy Herd Behind Increase in Cow Slaughter
US - USDA will issue at the end of the week the results of two important surveys. According to Steiner Consulting Group, DLR Division, Inc, one covers the supply of cattle that as of 1 July were in inventory at +1000 head capacity feedlots....
Israeli Ministry Blocks Imports of Palestinian Dairy, Meat Products
PALESTINIAN TERRITORY - As of 1 August, Israeli Authorities will prohibit the export of Palestinian meat and dairy products into East Jerusalem, a decision passed on 1 July this year. ...
Call for Factories to Stop Beef Price Cuts
IRELAND - IFA National Livestock Chairman, Angus Woods confirmed yesterday (15 July) that IFA has been in contact with the senior management in the main beef factory groups and made it clear that beef price cuts will not be tolerated. He said IFA also...
15 July 2019
CME: Beef Production Forecast for 2019 Lowered
US - USDA made some modest adjustments to its beef supply/demand balance sheet following the release of the June inventory survey results, according to Steiner Consulting Group, DLR Division, Inc....
Taiwanese Food Company to Take Beef Restaurant Chains into HK
TAIWAN - Taiwan-based La Kaffa International Co., which owns the bubble milk tea brand Chatime, said Monday that it is teaming up with a Hong Kong restaurant chain to open two specialty beef franchises in Hong Kong....
Urgent Changes Needed in Minister's Proposed €100m Beef Scheme, Says IFA
IRELAND - IFA President Joe Healy said urgent changes are needed to the details of the €100m scheme proposed by Minister Creed last week. IFA set out six principles for the distribution of the fund and the scheme should fully reflect these....
Industry Urged to Get Behind Meat With Integrity Campaign
SCOTLAND, UK - As Quality Meat Scotland prepares to launch its Meat With Integrity campaign later this month, farmers and others in the red meat chain, are being urged to really get behind the initiative in the coming weeks....
12 July 2019
CME: Net Sales of Beef Higher Than a Year Ago
US - USDA-FAS issued its latest update on exports of beef and pork muscle cuts, reports Steiner Consulting Group, DLR Division, Inc....
Govt Investing in Future of Canadian Beef
CANADA - This week, Marie-Claude Bibeau, Minister of Agriculture and Agri-Food, attended the Calgary Stampede where she announced an investment of $8.3 million for six projects that will help support Canada’s world-class beef industry. ...
Bolivian Beef Soon to Appear in Russia, Says President
RUSSIA - Russian President Vladimir Putin expressed the hope that Bolivian beef will appear on the Russian domestic market in the near future, after his meeting with his Bolivian counterpart Evo Morales on Thursday....
IFA Welcomes Dail Vote, Says Opposition to Mercosur Deal Growing Across Europe
EU - IFA President Joe Healy welcomed yesterday's Dail vote rejecting the EU Commission Mercosur deal. He said the Dail vote sends a very strong message to the Taoiseach and the Government that Ireland must reject this deal....
Study Shows Global Farming Trends Threaten Food Security
GLOBAL - Citrus fruits, coffee and avocados: The food on our tables has become more diverse in recent decades. However, global agriculture does not reflect this trend. ...
11 July 2019
CME: Beef Demand Better in June Compared to May
US - Fed cattle slaughter last week was estimated at 462,000 head, unchanged compared to year ago levels, reports Steiner Consulting Group, DLR Division, Inc....
China Imports Panama Beef for First Time
CHINA - The first batch of imported beef from Panama has entered the Chinese market, Shanghai customs office said Wednesday....
Farmer Costs in TB Programme Up 15% as Forum Proposes Additional Controls, Costs for Farmers
IRELAND - IFA Animal Health Chairman, Pat Farrell said the TB Forum established by the Minister for Agriculture, Michael Creed has failed to deliver on the key objective of addressing stakeholder issues....
Union Calls on Nation to #BackScotchBeef During Price Slump
UK - A prolonged three-year low in beef price is seriously impacting the incomes of farms and crofters across the country, warns NFU Scotland....
10 July 2019
Govt Likely to Lose Dail Vote on Mercosur
EU - Following an IFA lobby day of TDs & Senators on the sell-out EU Mercosur trade deal, and last night’s debate in the Dáil, IFA President Joe Healy said Fianna Fail has confirmed that they will vote against the Government on a Sinn Fein motion re...
09 July 2019
IFA Set to Intensify Opposition to Mercosur Deal
EU - IFA will be intensifying its campaign against the Mercosur trade deal this week....
Manicaland Tops in Livestock Production
ZIMBABWE - Manicaland has registered a remarkable increase in cattle and goat production in the 2018/2019 season, a crop and livestock assessment report has revealed....
NFU Urges Additional Improvements to USMCA
US - As Congressional leadership and the Trump administration work towards a compromise on the US-Mexico-Canada Agreement (USMCA), the country’s oldest general farm organisation is urging additional improvements to the deal that could help to reduce...
Beef Exports Rebound in May; Volume and Value Reach 2019 Highs
US - May exports of US beef were steady with last year’s strong volumes and increased year-over-year in value, according to data released by USDA and compiled by the US Meat Export Federation (USMEF)....
08 July 2019
CME: Japan, Korea Top Markets for US Beef in May
US - Steiner Consulting Group, DLR Division, Inc. provides a brief update of May beef trade statistics issued on Friday....
Govt Should Consider Livestock Rearing as Alternative, Say Settlers
MALAYSIA - The Felda settlers hope the government can consider the livestock industry as an alternative for them if they (settlers) are not to depend solely on rubber and oil palm....
Belarus Expects to Earn $2m on Breeding Cattle Export
BELARUS - Belarus expects that the export of breeding stock will reach $2 million by the end of the year, Belarus Deputy Agriculture and Food Minister Igor Brylo said in an interview with the Belarus 1 TV channel on 7 July....
EPA's RFS Obligations Another Setback for American Farmers
US - On Friday, the US Environmental Protection Agency (EPA) released its proposed renewable volume obligations (RVOs) under the Renewable Fuel Standard (RFS) for the year 2020. The proposal would set required biofuel use at 20.04 billion gallons next...
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