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Cattle Industry News By Category: Economics

03 July 2019
CME: Rainy Weather a Boon to Pasture, Range Conditions Across Most of US
US - The rainy weather that has been a major obstacle to getting spring crops planted this year has been a boon to pasture and range conditions across most of the US, according to Steiner Consulting Group, DLR Division, Inc....
Supreme Court Moved Against Rules Allowing Seizure, Forfeiture of Livestock
INDIA - The rules' existence had emboldened "anti-social elements" to take matters into their own hands and loot cattle traders, say cattle traders....
02 July 2019
GOgreen Aims to Build Egypt’s Biggest Livestock Farm
EGYPT - Egypt’s Ministry of Agriculture and GOgreen Company plan to establish the country’s biggest livestock farm in Moghra, El Alamein city....
Communities Urged to Revive Livestock Feedlots
ZIMBABWE - The government has called for the revival of community livestock feedlots in Matabeleland South Province in order to save thousands of animals that are under threat from perennial drought....
China Suspends Canadian Pork, Beef Imports After Discovery of Banned Feed Additives
CHINA - Relations between China and Canada are now once again being strained as the former announced that it would no longer be accepting beef and pork imports from the latter. ...
01 July 2019
CME: Dairy Cowherd Continues to Contract Through H1/2019
US - At the beginning of the year, the cowherd was still showing signs of expansion with an ever so slight increase of half a percent. The dairy cowherd was contracting due to continued depressed profitability while the beef cowherd was up a full 1...
Dry Conditions Get Manitoba Beef Producers Worried About Livestock Feed
CANADA - Dry conditions in the province have some Manitoba beef producers worried about how they will feed their cattle. ...
Food, Agriculture Must Play Vital Part in Reaching a Sustainable Future
GLOBAL - There is a growing realization that food and agriculture must play a vital part in reaching the Sustainable Development Goals and that in this context, FAO provides a neutral forum to address global issues of transboundary dimensions, the UN...
IFA Says Mercosur Bad for Irish Farmers, Environment & EU Standards
IRELAND - Reacting to the outcome of the trade talks with the South American trade bloc Mercosur, IFA President Joe Healy said EU negotiators have colluded in a deal that has sold out Irish and European farmers....
Number of Factors Affecting Prime Cattle Prices
UK - The factors behind the weakening of prime cattle prices, which have eased significantly since mid-May, are the subject of the latest market analysis from Quality Meat Scotland (QMS)....
28 June 2019
CME: Canadian COF Significantly Smaller Than US Feedlot System
US - According to Steiner Consulting Group, DLR Division, Inc., Canadian "Cattle on Feed" was released on 14 June 2019 by Canfax.ca....
IFA: Ag Minister, MEPs Must Reject EU-proposed Pre-movement TB Test
IRELAND - IFA Animal Health Chairman Pat Farrell has called on the Minister for Agriculture Michael Creed to stand firm on the outright rejection of the proposal in the new EU Animal Health Law Delegated Act to impose 30-day pre-movement testing for TB...
Bhojpur Farmers Attracted to Livestock Insurance Programme
NEPAL - Local farmers have been attracted to livestock insurance programme in Bhojpur of late....
Traders Blame Assam Govt for Beef Shortage in NE
INDIA - The Assam government's recent "crackdown" on cattle smuggling without streamlining the legal cattle business has created a shortage of beef supply in Meghalaya, Nagaland and Mizoram where the Christian population is predominant, said the All India...
NZ Exports Record Volume of Beef in May
NEW ZEALAND - More than 21,500 tonnes of beef worth $155.7 million was dispatched to China in May as beef exports to the country continue to grow strongly....
27 June 2019
Farmer Costs in TB Eradication Programme Increase as Forum Refuses to Address Shortcomings in Compensation Schemes
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 involving stakeholders....
BMC Board Keen to Transform Beef Industry
BOTSWANA - Botswana Meat Commission (BMC) board is committed to transforming BMC and improving the beef industry, Ghanzi farmer, who is also BMC board member, Mr Rudy Lemcke said this at Charleshill agricultural show on recently....
US Beef Leadership Team Meets Buyers, Explores Opportunities in Taiwan, Japan
JAPAN & TAIWAN - US beef producers and industry representatives were given a close look at USMEF’s efforts to increase exports to two key Asian markets during the 2019 Beef Leadership Team’s recent visit to Japan and Taiwan. ...
Next Generation Reception Sets Out Plan for Future
SCOTLAND, UK - NFU Scotland Next Generation Chair Colin Ferguson spoke to a packed out NFU Scotland stand at the Royal Highland Show on Thursday (20 June) where he highlighted the need for the industry to adapt to represent the diverse range of people...
26 June 2019
CME: Beef in Cold Storage Falls for Fourth Month in a Row
US - Beef in cold storage fell for the fourth consecutive month, coming in at just over 400 million pounds, reports Steiner Consulting Group, DLR Division, Inc....
IFA Welcomes Oireachtas Committee Opposition to Mercosur Trade Deal
EU - Reacting to the publication of the Joint Oireachtas Committee report on the future of the beef sector, IFA National Livestock Chairman Angus Woods said the report was a mixed bag, with some positive recommendations and some missed opportunities to...
Namibian Beef Exports to China Distributed to Asian Market
NAMIBIA - Meat processing and marketing entity, Meatco this week said that the first consignment of premium beef exported in March was finally released into China's market, in Shijiazhaung - Hebei Province....
25 June 2019
CME: 14.5%/More Increase in US Corn Price Likely
US - According to Steiner Consulting Group, DLR Division, Inc., the assumption is often made that when feedstuff costs increase dramatically that a response in the livestock and poultry sectors is to lower carcass (dressed) weight. Basic economics suggests...
Vietnam to Develop Cattle Breeding, Officials Say
VIETNAM - Deputy Minister of Agriculture and Rural Development Phung Duc Tien said in the first half of this year, despite many difficulties, especially the outbreak of African swine fever which has caused heavy losses in the livestock sector, the sector...
Commission Stance on South American Trade Deal Not Credible, Says IFA
IRELAND - IFA President Joe Healy led IFA National Officers and members of the IFA Livestock Committee in a protest at the EU Commission offices in Dublin yesterday over the hypocrisy of the Commission doing a trade deal with South America....
24 June 2019
CME: May Beef Production Higher Than a Year Ago
US - The official USDA-NASS statistics for US beef, pork and poultry production were released last Thursday, giving us the slaughter and production picture for the month of May, writes Steiner Consulting Group, DLR Division, Inc....
Presidential Candidates Called Upon to Increase Fairness for Family Farmers
US - Last week (Thursday, 20 June), 35 farm and food organisations called on elected officials and candidates running for office to address the disproportionate market power held by the giant agribusinesses that dominate livestock and poultry markets....
Seven Signatories of Letter Ignore Inconvenient Truth About Brazil, Says IFA
EU - Speaking from Brussels on Saturday (22 June), IFA President Joe Healy accused the seven Prime Ministers who signed a letter to Jean Claude Juncker backing a trade deal with South American countries of making a mockery of European farmers and the...
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