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Cattle Industry News By Category: Economics

18 September 2019
NFU Presidents Demand Meeting with Farming Minister Over Beef Crisis
UK - NFU and NFU Cymru have asked Farming Minister George Eustice for an urgent meeting to discuss the worsening crisis in the UK beef market....
17 September 2019
CME: Retail Pork, Beef Prices Decline Slightly in August
US - On Friday, the US Census Bureau released their advance survey of monthly retail and foodservice sales for August, it showed solid year-over-year growth rates, according to Steiner Consulting Group, DLR Division, Inc....
IFA Advises Farmers to Apply for BEAM as Minister Extends Deadline
IRELAND - IFA Livestock Chairman Angus Woods has welcomed the extension of the Beef Exceptional Aid Measure (BEAM) scheme deadline to 5pm on Friday. He said IFA requested this extension from Minister Creed last week....
16 September 2019
US Agrees to Expand Low-tariff Quota for Japanese Beef Imports: Sources
JAPAN - The United States has agreed to increase its low-tariff quota for Japanese beef in bilateral trade negotiations, sources close to the matter have said....
Search Continues for AgriScot Sheep, Beef Farm of the Year
SCOTLAND, UK - With only one month to go until nominations close for the AgriScot Sheep and Beef Farm of the Year awards, Quality Meat Scotland (QMS) has launched two new videos to encourage farmers to get behind the award....
Farmer Unity Important in Achieving Outcome in Beef Talks
IRELAND - IFA President Joe Healy said that after a difficult weekend of negotiations, a realistic and deliverable agreement has been reached, and will be recommended by all organisations....
IFA: As Beef Talks Resume, Time for Posturing, Grandstanding to Stop
IRELAND - Last week, IFA President Joe Healy welcomed the recommencement of beef talks which took place on Saturday morning. He said it was time to stop the grandstanding and the posturing, and to get down to real talks....
13 September 2019
CME: Feeder Cattle Auction Results Witness Lower Price Trends in W37
US - Feeder cattle auction results for this week witnessed lower price trends, based on Oklahoma City trade early in the week, according to Steiner Consulting Group, DLR Division, Inc....
Live Shipment of Aussie Cattle Halted Over Alleged Ear Tag Tampering
AUSTRALIA - Australian officials have halted a proposed shipment of 5,000 cattle over allegations that ear tags had been tampered with to circumvent China’s strict import protocols....
12 September 2019
USMEF Arranges Meeting Between Montana Senator, Chinese Retailers
CHINA - USMEF facilitated a roundtable meeting between US Sen. Steve Daines (R-Montana) and representatives from China’s imported beef distribution and retail sector during the legislator’s recent visit to Beijing....
IFA Urges Ag Minister to Get Tough with Factories
IRELAND - IFA President Joe Healy said it is time for the Minister for Agriculture Michael Creed to tell the meat barons to stop posturing and come forward with proposals to resolve the current impasse in the beef sector....
11 September 2019
IFA: Trade Role for EU Commissioner Vital in Context of Brexit Threat
IRELAND - IFA President Joe Healy said the appointment of Phil Hogan as EU Trade Commissioner comes at a critical time for the farming and food sectors in Ireland....
Uganda's Beef, Chicken Prices on the Rise
UGANDA - Retail prices of beef and chicken have skyrocketed in Lira Town due to shortage of livestock, Daily Monitor has established....
USMEF Connects Exporters with Buyers at First ASEAN Product Showcase
SINGAPORE - Updating importers and distributors in the ASEAN region on red meat trends and providing a platform for US exporters to make new business contacts, USMEF hosted its inaugural ASEAN US Meat Showcase and Conference in Singapore....
SA Starts Exporting Beef to China
CHINA - South Africa has begun exporting beef to China after the ban following the outbreak of foot-and-mouth disease (FMD) early this year was lifted, as reported by the Department of Agriculture, Forestry and Fisheries (DAFF) yesterday....
Insects as Food and Feed: Research, Innovation Drive Growing Field
GLOBAL - As the global food supply faces the dual challenge of climate change and a growing human population, innovative minds are turning to a novel source for potential solutions: insects....
10 September 2019
CME: June, July Cattle Imports Below 2019 Levels
US - The last two months of cattle import data don’t reflect the strong pace of shipments that have occurred through the first seven months of the year, according to Steiner Consulting Group, DLR Division, Inc....
Momentum Building in Sustainable Beef, Says Report
NEW ZEALAND - Demand for sustainably produced beef is on the rise as the sector comes under increasing scrutiny over its impact on animals and the environment, according to a new report....
Producers, Stakeholders Demand Restriction on Beef Imports
BANGLADESH - Meat and milk producers and stakeholders yesterday demanded restricting beef imports citing that it would hurt domestic producers....
Union Board Calls on Administration to Strengthen Ag Markets
US - In a pair of unanimously approved resolutions, the National Farmers Union (NFU) Board of Directors called on the administration and Congress to address mounting financial difficulties that have been exacerbated by recent policy decisions. ...
09 September 2019
CME: Lean Grinding Beef Prices Continue to Defy Seasonal Trends
US - Prices for lean grinding beef have been running higher than expected this summer and continue to defy seasonal trends, according to Steiner Consulting Group, DLR Division, Inc....
Balochistan Govt Upgrading Dairy, Livestock Sectors
PAKISTAN - The Balochistan government has chalked out a comprehensive plan to upgrade the dairy and livestock sectors to exploit their full potential and generate economic activities across the province....
Weather Delays, Brexit Uncertainty Continue to Disrupt Scotland’s Harvest
SCOTLAND, UK - For many Scottish growers, a week of continuous rain has brought harvest to a halt and the volume of rain makes accessing fields with heavy harvesting equipment challenging....
July US Beef Exports Strong
US - Beef exports in July were relatively steady with last year’s strong results, according to data released by USDA and compiled by USMEF....
06 September 2019
CME: July Beef Exports Lower Than a Year Ago
US - Beef exports in July were 89,712 MT, 2.9 percent lower than a year ago, reports Steiner Consulting Group, DLR Division, Inc. ...
Paraguay Beef Exports Down in August
PARAGUAY - Paraguay has experienced a 10 percent decrease in beef exports and 15 percent drop in their value compared to the figures recorded in August 2018, authorized sources reported on Thursday....
Korean Buyers Explore US Beef, Pork Production & Retail Merchandising
US - Encouraging major food retailers in South Korea to offer their customers additional US beef and pork products, USMEF led a team of buyers on a tour of packing plants and supermarkets in Nebraska and Iowa. ...
NFUS Meets PM on Aberdeenshire Farm
SCOTLAND, UK - On a visit to an Aberdeenshire farm, the Prime Minister Boris Johnson has confirmed that the UK Government will accept the funding recommendations of the Bew Review into intra-UK agricultural funding. ...
 
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