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21 July 2017
CME: Beef, Dairy Cow Slaughter Up 9% Compared Last Year
US - Some of you may have noticed that there have been no preliminary estimates of the upcoming USDA "Cattle Inventory" report. While analysts have a fairly good process for estimating the cattle on feed numbers, it is quite difficult to come up with...
Tighter Cattle Supplies Than Forecast for H2/2017, IFA Reports
IRELAND - Beef production and cattle numbers for the second half of 2017 will be much less that originally forecast, according to IFA National Livestock Chairman Angus Woods who said this paints a much more positive picture on the beef trade for the remainder...
Advantages of US Beef Shared at Taste Ambassadors Event in Romania
ROMANIA - Introducing US beef in a country where it is not well-known, USMEF partnered with the USDA Foreign Agricultural Service (FAS) at the Taste Ambassadors exhibition, an event for HRI professionals in Bucharest, Romania. ...
Iowa Gov Kicks Off China Farm Mission
CHINA - Iowa Governor Kim Reynolds is leading a trade mission to China that will feature officials from groups representing the state's major agricultural producers....
20 July 2017
CME: July COF Numbers Expected to be Up 2.8%
US - Before we go over the estimates of the cattle on feed inventory, just a very brief update on the case of atypical BSE that USDA announced. You can read all the details from the link below but our opinion is that this should have very little material...
Unresolved Technical Issues Expected to Delay Full Benefits of CETA
CANADA & EU - Unresolved outstanding issues are expected to delay the full benefits for Canadian agriculture of Canada's free trade deal with Europe, reports Bruce Cochrane....
Taiwan to Start Breeding Angus Cattle
TAIWAN - Beef cattle farmers in Taiwan have recently introduced a popular breed of pure beef cattle into the country, in the hope of strengthening the local beef industry, an agriculture official said Wednesday....
China, US Applaud Comprehensive Economic Dialogue
US - Senior Chinese and US government officials spoke positively of their first Comprehensive Economic Dialogue (CED) in Washington on Wednesday after they reached a wide consensus....
19 July 2017
Cattle Sale Ban Intended for Animal Welfare, Says Government
INDIA - The ban on sale and purchase of cattle from animal markets for slaughter was intended at the welfare of animals and tackling illegal sale and smuggling, the government has informed the Lok Sabha....
US Beef Producers Welcome Renewal of Exports to China
US - With the market reopening of US beef exports to China, cattle sales are expected to go from good to better....
18 July 2017
CME: USDA Raises Beef Import, Export Forecast for 2018
US - In the cash market, as reported by USDA-Agricultural Marketing Service (AMS), fed steer prices were higher week-over-week, writes Steiner Consulting Group, DLR Division, Inc....
Irish Cattle Price Strong This Week
IRELAND - National Livestock Chairman Angus Woods said the cattle trade is stronger this week with the base price for steers at €4.05/4.10 and €4.15/4.20/kg base being paid for heifers....
Cattle Industry Leaders Establish Direction for Policy, Checkoff Programmes
US - More than 700 cattle industry leaders gathered at the Cattle Industry Summer Business Meeting in Denver last week to help create direction for industry programmes. The meeting ran from 13-15 July. ...
Taiwan to Conditionally Lift 16-year-old Import Ban on Japanese Beef
JAPAN - Taiwan has decided in principle to lift a ban since 2001 on beef imported from Japan, action taken following the discovery there of cattle with mad cow disease, the Food and Drug Administration said in a statement posted Monday on its website....
Cattle Trade Ban Hits Restaurants in Q2 as Meat Prices Rise
INDIA - The ban on trading cattle for slaughter hit the restaurant business during the previous quarter, with supplies of meat and meat-related food curtailed and prices on the rise, restaurateurs and traders said....
US: Trade Deficits Key to Renegotiating NAFTA
US - The United States on Monday launched the first salvo in the renegotiation of the 23-year-old North American Free Trade Agreement (NAFTA), saying its top priority for the talks was shrinking the US trade deficit with Canada and Mexico....
China Reports Rapid Rise in Agricultural Imports in 2017
CHINA - China's imports of major agricultural products continued to increase fast in the first five months of the year, driven by price gaps between domestically produced products and imported products, according to the Ministry of Agriculture....
US-China Beef Deal Benefits Nebraska Corn Crop
US - As US beef exports to China resume, Nebraska, the No 1 exporter of beef and beef products in the US, is optimistic that its biggest crop export - corn - will also benefit....
17 July 2017
CME: Q2 US Beef Production Up 3.4%
US - In last week’s prior issues, we did short reviews of 2017’s first six months on the hog/pork and the poultry (broiler and turkey) sectors. Today we turn to fed cattle, which are represented on the CME futures by the Live Cattle contracts, reports...
Cattle Sale Ban: SC to Hear Plea Seeking Modification of 11 July Order
INDIA - The Supreme Court on Friday agreed to hear a plea seeking modification of its 11 July order that extended the stay of Madras High Court (HC) on Centre's notification banning sale and purchase of cattle from markets across the country....
UK Not Ready for Brexit's Impact on Food, Report Warns
UK - The UK is unprepared for the most complex ever change to its food system, which will be required before Brexit, according to a new briefing paper published by SPRU, the Science Policy Research Unit at the University of Sussex....
Leading UAE Chefs Educated on Versatility of US Beef
UAE - More than 70 chefs from some of the finest hotels, restaurants and catering services in the United Arab Emirates (UAE) learned how to utilise alternative cuts of US beef in a variety of ways at training workshops arranged by USMEF. Funded by the...
Chinese, US Enterprises Sign Agricultural Transaction Contracts
US & CHINA - Some 20-odd Chinese and US enterprises on Thursday signed agricultural transaction contracts worth $5.012 billion, under which Chinese enterprises will import 12.53 million metric tons of soybean and 371 tons of pork and beef from the US...
Nebraska Has Stake in Beef Exports
US - Nebraska Governor Pete Ricketts has seen off the first shipment of US beef products on a flight to a client in Shanghai on 14 June. It came after a 14-year absence in the market, and Governor Ricketts realised that it signaled a new era for his state's...
14 July 2017
Q4 Results Show Cargill on Path Toward Higher Performance
US - Cargill has reported strong financial results for the fourth quarter and fiscal year ended 31 May 2017. In the second year of an ongoing transformation, Cargill raised earnings across all four business segments in both periods. It also advanced the...
Strong Action Needed to Tackle Competition Issues in Beef Sector, IFA to CCPC
IRELAND - IFA Livestock Chairman Angus Woods led an IFA delegation with senior officials in the Competition and Consumer Protection Commission (CCPC) in Dublin this week....
13 July 2017
New Yearbook Holds Latest Farm-to-Fork facts, Figures
UK - Livestock producers can now access a wealth of industry information collected from the 2016 beef and sheep industry in a new pocket-sized yearbook produced by AHDB Beef & Lamb....
New Cattle Trade Rules Flawed, Say experts
INDIA - The Centre’s new notification on cattle trade, which the Supreme Court stayed on Tuesday, will not stand judicial scrutiny as it is ultra vires, former Lok Sabha Secretary General and constitutional expert PDT Achary said on Wednesday....
 
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