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Cattle Industry News By Category: Economics

03 May 2019
Food Safety Issues Carry Increasingly High Risks for Suppliers
GLOBAL - The financial risks and costs associated with food safety are increasing and food suppliers will face continued increases in food safety costs over the coming years....
02 May 2019
CME: Choice Boxed Beef Prices Strong During W1-W17/2019
US - Choice boxed beef prices have been strong in the first 17 weeks of 2019, according to Steiner Consulting Group, DLR Division, Inc....
Report Calls for Urgent Action to Avert AMR Crisis
GLOBAL - Early this week, UN, international agencies and experts released a groundbreaking report demanding immediate, coordinated and ambitious action to avert a potentially disastrous drug-resistance crisis....
IFA Says Taoiseach's Words Must be Backed Up by Action
IRELAND - IFA President Joe Healy said the acknowledgement by Taoiseach Leo Varadkar that funding was required to address the Brexit crisis for beef farmers was significant, but it must be followed by action....
01 May 2019
CME: Several Factors Affect Cattle Industry in 2019
US - Tight hay stocks, poor feedlot performance, and strong winter storms have taken its toll on many throughout the cattle industry this year, reports Steiner Consulting Group, DLR Division, Inc....
Culinary Training Introduces Indonesian Chefs to New Ideas for Serving US Pork, Beef
SINGAPORE - Introducing US beef and pork cuts and menu ideas to Indonesian chefs, USMEF conducted a US meat culinary programme in Singapore. ...
Food Packaging Claims Mislead Consumers with Ideas of Health
GLOBAL - Researchers have found that the type of healthy claims on certain food products can be completely uncorrelated with actual nutritional quality. ...
IFA Protest at Cabinet Meeting Start of Farmer Rebellion Against Brexit Losses
IRELAND - Addressing the IFA protest on Brexit losses outside the Cabinet meeting in Cork today, IFA President Joe Healy accused the Taoiseach and the Government of failing beef farmers who have suffered losses of €100m from Brexit....
30 April 2019
CME: Total Commercial Cattle Slaughter in March Down
US - The official USDA-NASS statistics for US beef, pork and poultry production were released last week, which allows us to finalise the numbers for Q1 supplies, reports Steiner Consulting Group, DLR Division, Inc....
For Low-income Countries, Climate Action Pays Off by 2050
GLOBAL - Successful global efforts to substantially limit greenhouse gas emissions would likely boost GDP growth of poorer countries over the next 30 years....
IFA: Beef Farmers Tired of Listening to Empty Promises; 'Time for Delivery'
IRELAND - IFA President Joe Healy said beef farmers are fed up hearing empty promises from politicians about what they will do on Brexit. ...
29 April 2019
IFA to Protest Over €100m Brexit Beef Losses at Cabinet Meeting
IRELAND - IFA President Joe Healy on Friday announced details of an IFA protest at the Cabinet meeting in Cork this Wednesday....
Farm Events Aim to Increase Pasture Profitability
UK - Three beef and lamb producers involved in the GrassCheckGB project will host grassland management events in May to share knowledge and help others increase profits from their pastures....
FAO Vaccinates 120,000 Livestock in Borno
NIGERIA - The United Nations Food and Agriculture Organisation (FAO) has commenced the vaccination of over 120,000 livestock in Borno State....
NAMI President Gets Firsthand Look at US Red Meat’s Success in Japan, Korea
JAPAN & SOUTH KOREA - Last week Julie Anna Potts, president and CEO of the North American Meat Institute (NAMI), made her first visit to two of the leading destinations for US beef and pork – Japan and South Korea....
26 April 2019
Seminar Creates Awareness for US Beef in Georgia’s Growing HRI Sector
GEORGIA - Focusing on high-quality and alternative cuts of US beef, USMEF conducted a seminar and tasting for hotel, restaurant and institutional (HRI) professionals in Georgia. ...
Scotch Beef PGI, Scotch Lamb PGI to be High Profile at HK Event
HONG KONG - Two of Scotland’s most iconic foods – Scotch Beef PGI and Scotch Lamb PGI – are set to be high profile in Hong Kong next month at HOFEX, Asia’s leading food and hospitality trade show....
Tax Evaders Blamed for Beef Shortage
ZIMBABWE - Livestock farmers are reluctant to pay animal tax, a situation which has negatively affected the supply of beef in Manicaland, as buyers face difficulties in acquiring clearance letters....
25 April 2019
CME: US Beef Exports from Jan-March Down Compared to 2018
US - The regular weekly update on US beef and pork exports was published this morning and below we offer a brief recap, writes Steiner Consulting Group, DLR Division, Inc....
Crisis in Belgian Beef, Fruit Sectors Officially Recognised
BELGIUM - The beef, apple and pear sectors are in crisis, according to Federal Agriculture Minister Denis Ducarme, who is offering to postpone or cancel the social security contributions to be paid by the farmers concerned....
Bew Review Must Deliver for Scotland on Convergence
SCOTLAND, UK - NFU Scotland has repeated its position that Scotland’s farm funding shortfall of almost £190 million must be addressed in the current Review of Intra-UK Allocation of Domestic Farm Funding, being led by Lord Bew....
24 April 2019
CME: Red Meat, Poultry Report Likely Construed as Bullish
US - The total inventory of beef, pork, chicken and turkey at the end of March was 2.373 billion pounds, 1.5 percent lower than a year ago but still 7.6 percent higher than the five year average, reports Steiner Consulting Group, DLR Division, Inc....
Leading Scottish Bloggers Champion Scotch Beef
SCOTLAND, UK - Three Scottish bloggers have taken part in an interactive cookery demonstration with leading Scottish Chef Andrew Doherty as part of Quality Meat Scotland’s 'Know Your Beef' campaign....
23 April 2019
CME: COF Primary Report Stats Mostly In-line with Pre-report Estimates
US - USDA’s National Agricultural Statistics Service (NASS) released a monthly "Cattle on Feed" report last Thursday. The primary report statistics were mostly in-line with industry pre-report estimates, reports Steiner Consulting Group, DLR Division,...
February Exports Below Year-Ago Levels for US Beef
US - February exports of US pork and beef fell below last year’s levels while lamb exports trended higher, according to statistics released by USDA and compiled by USMEF....
USDA Announces Enhancements to Livestock, Dairy Insurance Programmes
US - USDA’s Risk Management Agency (RMA) yesterday announced several enhancements to insurance programmes that will provide a more efficient level of coverage for livestock and dairy producers. ...
Malaysia Ready to Import CSC Beef
ZIMBABWE - Malaysia has expressed readiness to import beef from the Cold Storage Company (CSC) once the firm meets international quality standards that the Asian country upholds....
19 April 2019
Survey Reveals Scots Support Farming, Being Misled About Red Meat
SCOTLAND, UK - Almost two thirds (64 percent) of Scots are concerned about the impact of veganism on Scotland’s farming industry, according to the results of a new *survey carried out by Censuswide....
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