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Cattle Industry News By Category: Economics

03 June 2019
Research Brief: Climate Change Already Affecting Global Food Production
GLOBAL - The world's top 10 crops - barley, cassava, maize, oil palm, rapeseed, rice, sorghum, soybean, sugarcane and wheat - supply a combined 83 percent of all calories produced on cropland. ...
31 May 2019
CME: Ample Supplies of Lean Beef So Far in 2019
US - Supplies of lean beef so far in 2019 have been ample, boosted by increases in both beef and dairy cow slaughter and a small increase in beef imports, reports Steiner Consulting Group, DLR Division, Inc....
30 May 2019
CME: Livestock Producers Pay Close Attention to Grain Markets
US - Grain markets have been in a frenzy in recent days as market participants come to terms with the fact that a good portion of the corn crop has yet to be planted, according to Steiner Consulting Group, DLR Division, Inc....
29 May 2019
CME: Bullish Cattle on Feed Report
US - Analysts on average were expecting placements to be up 13.5 percent compared to a year ago, according to Steiner Consulting Group, DLR Division, Inc....
Meat Industry Says Animal Welfare Concerns Could Have $3.2b Effect on Livestock Sector
AUSTRALIA - The Australian livestock sector could lose up to $3.2 billion by 2030 if it does not meet changing consumer attitudes to animal welfare....
US to Invest $10m in Livestock Development in Georgia
GEORGIA - The United States Department of Agriculture launches a new project with the Farmers Association of Georgia, Land O'Lakes International Development and Michigan State University which will promote farmers to improve food safety standards and...
IFA to Hold Meetings on €100m Beef Fund
IRELAND - IFA will be holding regional information meetings for livestock farmers on the €100m beef fund recently secured from Brussels and the Government....
Farming Unions Urge New MEPs to Engage with Farming Communities
UK - Responding to the results of the European elections, the four UK farming union Presidents are calling on the newly elected UK MEPs to listen to the views of their agricultural communities and help shape an enabling policy environment for the 75,000...
28 May 2019
IFA Demands Beef be Taken Off EU/Mercosur Negotiations
EU - The Irish Farmers’ Association has demanded that EU Trade Commissioner Cecelia Malmstrom take beef off the table in the EU/Mercosur negotiations....
NZ Beef Exporters Recover Lost Market Share in Japan
NEW ZEALAND - Beef and sheepmeat exporter ANZCO says sales in the Japanese frozen beef trade are recovering, thanks to tariff reductions for New Zealand produce under the Comprehensive and Progressive Trans-Pacific Partnership that allows local producers...
Sarawak to Become Leading Cattle Meat Supplier Via Aussie Farm Purchase
MALAYSIA - Sarawak is poised to become a leading cattle meat supplier in the Asean region, the Middle East and Australia following the acquisition of Carmor Plains Station in Darwin, Western Australia, by Sarawak Economic Development Corporation (SEDC)....
27 May 2019
Japan Lifts Last Restrictions on Canadian Beef, 16 Years After BSE
CANADA - Japan has lifted its remaining trade restrictions on Canadian beef, 16 years after the discovery of a case of BSE in Alberta....
Coloured Beef Seized at Dhaka New Market
BANGLADESH - A mobile court conducted by Rapid Action Battalion (Rab) today seized around two maunds of colored beef from New Market area of Dhaka....
24 May 2019
USDA Announces Details of Trade Assistance Package; NFU Urges Adoption of Supply Management Policies
US - The US Department of Agriculture (USDA) yesterday released initial details for a trade assistance package to support family farmers and ranchers struggling with oversupply and low prices due to international trade conflicts. ...
Scotch Beef Pairing Shows True Scottish Spirit
SCOTLAND, UK - Scotch Beef PGI has teamed up with Huntly-based Black Bull Scotch Whisky and leading Aberdeen chef Kevin Dalgleish on a recipe that showcases the true spirit of Scotland....
KP Govt to Establish Cattle Farms to Fulfill Meat Needs
PAKISTAN - A spokesman of Khyber Pakhtunkhwa government has said that the provincial government has decided to establish 4,000 cattle farms across the province....
23 May 2019
Farm, Food & Rural Groups Support Ag Merger Moratorium Bills
US - Yesterday, a broad-based coalition of 219 farm, food, rural, faith and consumer advocacy organisations delivered a letter to Congress endorsing food and agribusiness merger moratorium bills introduced by Senators Cory Booker (D-NJ) and Jon Tester...
Cattle, Swine Supply Enough for Market
PHILIPPINES - The country’s production of hogs and cattle rose significantly in the first quarter of the year, indicating sufficient supply for the domestic market....
22 May 2019
Adding Value Key to Scottish Livestock Sector
SCOTLAND, UK - The importance of adding value to Scottish beef and lamb was the key message when NFU Scotland’s Livestock Committee visited the Scotbeef processing site in Queenslie, Glasgow yesterday (21 May)....
€100m Brexit Fund Must be Targeted, Paid Without Delay, Says IFA
IRELAND - IFA President Joe Healy said it is essential that the €100m Brexit beef package is targeted to the farmers who need it most. It must be paid without delay and there must be no strings attached....
20 May 2019
China Imports More Aussie Cattle Ahead Of Pork Shortage
CHINA - China settled on purchasing more Australian beef as the African swine fever cuts through its hog output which might result in a pork shortage. The country's imports of Australian beef ballooned by 66 percent to 72, 460 tons from January to April...
17 May 2019
CME: Grocery Store Beef Prices in April Mixed
US - Grocery store beef prices in April were mixed, based on data from USDA-Economic Research Service (ERS) calculations derived from the Bureau of Labor monthly consumer price survey, reports Steiner Consulting Group, DLR Division, Inc....
Uphill Task for Livestock Farmers
NAMIBIA - Farmers will have to pay more to sustain their livestock until the next rainy season, the Namibia Agricultural Union said....
Reducing Disaster Risks in Agriculture a Win-win for Small-scale Farmers
GLOBAL - Poor farmers can obtain significant economic gains and other benefits by implementing modified farming practices aimed at boosting their ability to cope with disasters and natural shocks, according to a new FAO study released this week....
IFA Meets EU Commission Officials on €100M Brexit Beef Package
EU - IFA National Livestock Chairman Angus Woods and IFA Brussels Director Liam MacHale met with senior officials from Commissioner Hogan’s Cabinet in Brussels yesterday to discuss the details of the €100m Brexit beef package announced by Commissioner...
16 May 2019
CME: Feeder Cattle Prices Take a Tumble
US - Feeder cattle prices have tumbled in the last four weeks, reports Steiner Consulting Group, DLR Division, Inc....
Trade Assistance Must Help All Affected Farmers, NFU Says
US - Following the recent escalation of trade tensions between China and the United States that will likely exacerbate the erosion of agricultural export markets and further depress commodity prices, the US Department of Agriculture (USDA) is expected...
EU Commission Support Paves Way for €100M Brexit Beef Aid Package
IRELAND - IFA President Joe Healy said confirmation that the EU Commission has agreed a Brexit beef package of €50m for Irish beef farmers means the Irish Government is expected to provide matching funding of €50m, bringing the total package to €100m....
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