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Cattle Industry News By Category: Processing

01 December 2020
Coronavirus continues to roil UK meat supply chain
The COVID-19 pandemic can still disrupt abattoirs at short notice, illustrating the continued influence the disease has on the red meat supply chain. ...
30 November 2020
CME update: live cattle futures lose ground as exports appear weak
US live cattle futures trimmed on 27 November on profit-taking during a shortened holiday-trading day....
26 November 2020
CME update: live cattle futures climb as cash markets and beef demand become more optimistic
US live cattle futures rose on 25 November for a fourth straight session, climbing ahead of the US Thanksgiving holiday on 26 November....
25 November 2020
CME update: cattle futures inch up alongside beef prices
Cattle futures closed higher on 24 November for a third straight session, lifted by surging wholesale beef prices and optimism surrounding the COVID-19 vaccine....
24 November 2020
CME update: live cattle futures rise 2 percent on feedlot data and beef prices
US cattle futures closed higher on 23 November, bolstered by a supportive monthly cattle-on-feed report issued on 20 November....
BMPA urges UK government to prioritise meat plant workers as early recipients of COVID-19 vaccine
News of a new COVID-19 vaccine immediately raises the question of how best to allocate the first batches of doses when they become available....
23 November 2020
CME update: cattle futures rebound on technical, short-covering after a steep drop
US cattle futures rebounded on 20 November from steep losses in the 19 November session in an end-of-week short-covering and technical bounce....
20 November 2020
CME update: cattle futures tumble as surge in coronavirus sparks demand worries
US cattle futures plummeted on 19 November on worries about demand for beef as soaring COVID-19 infections across the country threatened more restaurant and food service closures and forced more Americans to shelter at home....
Virtual tool launched by QMS to help farmers ‘Meat the Grade’
Livestock farmers will now have access to a free online tool which will help them to boost their bottom line by improving livestock selection and management for slaughter. ...
18 November 2020
CME update: cattle futures rise on firm cash market and higher beef prices
US live cattle futures rose for a second straight session on 17 November, lifted by higher cash beef prices and signs that cash cattle at feedlot auctions would trade at steady to higher prices this week....
17 November 2020
CME update: cattle futures bounce back as Wall Street rallies, but worries remain
US cattle futures ended mostly higher on 16 November on spill-over support from soaring equities markets....
Tyson beats profit estimates and sees lower COVID-19 costs for 2021
Tyson Foods beat Wall Street’s estimates for its fourth-quarter profit on 16 November, but faces rising costs for animal feed and increasing uncertainty over labour as COVID-19 cases surge in the US....
England updates rules for seasonal farm workers
Seasonal workers arriving in England to carry out essential work on farms ahead of the Christmas season are now able to begin working as soon as they arrive in the country. ...
16 November 2020
New COVID-19 controls in China could put frozen food importers on ice
Though the WHO and USDA say that the risk of catching COVID-19 from frozen food is low, China has repeatedly sounded alarms after detecting the virus on product packaging....
Major meat companies need to address environmental negligence claims before it harms the bottom line
Consultancy firm GlobalData says that JBS, BRF and other meat manufacturers need to address environmental negligence claims before retailers cut ties altogether. ...
13 November 2020
JBS eyes further expansion after strong third-quarter profits
Brazil’s JBS SA reiterated its plans to grow production capacity in Brazil and the US after posting robust third-quarter results....
12 November 2020
CME update: live cattle futures rise on boxed beef strength
US live cattle futures gained ground on 11 November as strength in the cash market and firm beef cut-out prices offered on-going support....
JBS posts higher than expected quarterly profit, defying estimates
Brazilian meat packing giant JBS SA reported a near nine-times increase in third-quarter net profit, beating market expectations....
US meat company fights state order to close after coronavirus outbreak
A US meat company that supplies Walmart and Costco is suing the state of New Mexico to fight an order that seeks to close a production facility where more than 100 workers have tested positive for COVID-19....
11 November 2020
Brazil’s meatpackers face on-going sustainability issues
Socially conscious investors rank Brazil’s meatpacking giants JBS and BRF as “medium” risk and Minerva as “high” risk, saying that the firms have yet to address key sustainability issues....
09 November 2020
CME update: live cattle futures inch up despite slowed slaughter pace
US live cattle futures gained slightly on 6 November after a week of range trading....
04 November 2020
China’s Greenland Group signs meat distribution deal with Brazil’s Minerva
China's Greenland Group has agreed to expand the presence of Brazilian meat-packer Minerva in China through a joint venture with registered capital of 500 million yuan ($74.83 million), according to a statement from Greenland on 2 November....
03 November 2020
CME update: live cattle futures climb higher along with wholesale beef prices
US live cattle futures edged higher on 2 November as rising wholesale beef prices buoyed the market in light-volume trade....
02 November 2020
The UK's refusal to prioritise fresh meat at ports puts industry at risk
The UK government has not prioritised the quick movement of fresh meat at shipping ports, putting the UK meat industry at risk of losing vital export orders. ...
CME update: live cattle edge higher
US live cattle futures closed higher on 30 October for a fourth straight session....
Covid-19's impact on the global protein markets
While 2020 has been a year of volatility and uncertainty, in its most recent report, the International Monetary Fund (IMF) offered a more positive outlook for 2021, projected 5 per cent global economic growth. ...
01 November 2020
Australian farmers fear encroachment of EU regulations as trade deal progresses
The National Farmers Federation is concerned that the Australian Government may accept EU regulations on farm goods as part of a future trade relationship. ...
30 October 2020
CME update: live cattle futures jump 3 percent as supplies tighten
US live cattle futures closed higher on 29 October on expectations that tight cattle supplies and rising demand for beef will buoy cash cattle markets....
 
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