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Cattle Industry News By Category: Markets

29 January 2020
CME: December Commercial Cattle Slaughter Higher Than a Year Ago
US - USDA released the official statistics for the month of December last week and with that we are able to calculate the production numbers for all of 2019, writes Steiner Consulting Group, DLR Division, Inc....
Cowdenbeath Lidl Shoppers Treated to Scotch Beef, Haggis Burgers
SCOTLAND, UK - Quality Meat Scotland (QMS) was at Lidl’s Cowdenbeath store recently to mark its opening day by handing out samples of their Burns’ Night Scotch Beef PGI and Haggis Burgers....
NFU to Lead Rally in Effort to Back Future of British Farming
UK - Hundreds of farmers from across the country will gather in London in March to join the NFU in a rallying call to Government, urging them to commit that future UK trade policy will not allow imports of food produced to standards that would be illegal...
28 January 2020
CME: Latest COF Report In-line with Pre-report Estimates
US - Before we dive into Friday’s "Cattle on Feed" report, a highlight from last week was the volume of slaughter cows hitting a five year high, writes Steiner Consulting Group, DLR Division, Inc....
Coronavirus fears cause falls on daily limits for US hogs and cattle
US hog and cattle contracts fell on their daily trading limits on 27 January, hitting multi-month lows on fears about the spread of a coronavirus in China....
British Market Should Benefit All Uganda Beef Cattle Farmers
UGANDA - This week, President Museveni was in London to attend the United Kingdom-Africa Investment Summit 2020. The "invest in Africa" business conference was, as usual, graced by the presence of many African heads of state hoping to attract British...
27 January 2020
CME: Cold Storage of Red Meat, Poultry Up from a Year Ago
US - USDA released the monthly 'Cold Storage' report on 22 January 2020, reports Steiner Consulting Group, DLR Division, Inc....
Ugandan President Gets UK Pledge on Beef, $19.6m Funding
UGANDA - President Yoweri Museveni got an assurance on Uganda's beef exports to Britain and a commitment of £15 million ($19.6 million) funding at the UK-Africa Investment Summit....
Wagyu Prices Fall as Japan Turns to Crossbred Beef
JAPAN - Prices of Japan's prime quality wagyu beef are on a downward trend as consumers tighten their purse strings following the country's consumption tax rate hike in October....
Store Cattle Market Starts 2020 on Firm Footing
UK - Producer prices for prime cattle have started 2020 lacking direction as they did in early 2019, according to the latest market commentary from Quality Meat Scotland (QMS). ...
US Beef Patties Showcased for Sam’s Club Shoppers in Beijing, Shenzhen
CHINA - Last summer’s US beef burger promotions at two Shanghai Sam’s Club stores were so successful that USMEF expanded the activity to two more of China’s largest cities – Shenzhen and Beijing. ...
Cattle futures hit multi-month low amid coronavirus fears
On Friday, US live and feeder cattle futures hit their lowest prices in months amid fears of the coronavirus spreading. ...
24 January 2020
NFU Responds to CCC Report on Land Use
UK - NFU President Minette Batters yesterday responded to a report by the Committee on Climate Change (CCC) about land use in the UK, expressing how she was pleased "to see the report acknowledge that British farming produces some of the most sustainable...
Chinese Tariff Rate Quota Policy Severely Impacts US Wheat Exports
CHINA - The US and China recently agreed to a phase one trade deal that aims to resolve the current trade war between the two countries. But that is just the latest development in longstanding and complicated US-Chinese trade disputes....
23 January 2020
QMS 'Meat the Future' Conference Focuses on Future Opportunities for Scottish Red Meat Supply Chain
SCOTLAND, UK - Members of the Scottish red meat supply chain are being encouraged to register via the QMS website for Quality Meat Scotland’s free "Meat the Future" conference on 25 February at Radisson Blue Hotel, in Glasgow. ...
20 January 2020
CME: Beef Retail Prices Accelerate During November, December 2019
US - Beef retail prices accelerated in the last two months of 2019, writes Steiner Consulting Group, DLR Division, Inc....
16 January 2020
QMS's Future Strategy Highlighted to MSPs
SCOTLAND, UK - Quality Meat Scotland’s future strategy to further support, develop, promote and protect the Scottish red meat industry has been highlighted to MSPs....
USMEF Emphasises Importance of China Following International Standards for Pork, Beef Trade
US - On 15 January, President Trump and Chinese Vice Premier Liu He signed the US-China "Phase One" trade agreement. The Office of the US Trade Representative (USTR) has posted the agreement text and related fact sheets online....
First Phase of US-China Trade Deal Finalised
US - In an effort to ease tensions between their two countries, President Donald Trump and Chinese Vice Premier Liu He yesterday signed the first phase of a trade agreement. At the time of the signing, the deal’s text had not yet been published. ...
15 January 2020
NFU Says Livestock Competition Rule Unlikely to Provide Needed Protections to Farmers
US - More than two years after failing to finalise a set of rules to protect American family farmers and ranchers from anticompetitive and abusive business practices from the increasingly consolidated meatpacking and processing industries, the US Department...
14 January 2020
CME: Estimates for 2020 Beef Production Revised Down Slightly
US - On 10 January 2020, USDA released a slew of reports and this DLR will highlight a few key points from select reports, writes Steiner Consulting Group, DLR Division, Inc. ...
Global Diets Converging, with Benefits and Problems
GLOBAL - Research carried out by the University of Kent has shown that diets are changing in complex ways worldwide. ...
Dire Prediction for SA Beef Exports After FMD Outbreak
SOUTH AFRICA - SA could lose up to $140m (R2.02bn) in 2020 as countries in the region and elsewhere hold back on importing its beef due to a foot-and-mouth disease outbreak....
13 January 2020
CME: Feeder Cattle Contract for August, September 2020 Translate to Nice Profit
US - Time to start planning: Heading into spring, summer grazing programmes should take note of the feeder cattle futures board, writes Steiner Consulting Group, DLR Division, Inc....
US Hopes for Progress on Pork, Beef Imports in Tsai 2nd Term
TAIWAN - James Moriarty, chairman of the Board of Trustees of the American Institute in Taiwan (AIT), told reporters on 11 January that "the US hopes for progress" on US pork and beef imports to Taiwan during President Tsai Ing-wen’s second term in...
Budget Allocated to Help Beef Cattle Farmers Increase Competitiveness
THAILAND - The Free Trade Agreement Fund has approved a budget of Bt161.79 million for the Department of Livestock Development to help beef cattle farmers increase their competitiveness and improve product quality to compete with overseas products, Rapheephat...
Technical Efficiencies Made Over Past Decade Crucial to Long-term Financial Viability
UK - As we start a new decade, hindsight emphasises the challenges our industry will continue to face, according to the latest market commentary by Quality Meat Scotland (QMS). ...
10 January 2020
CME: November Beef Exports Down Compared to Year Ago
US - Monthly trade data for November was released by USDA Economic Research Service (ERS) on 8 January 2020, reports Steiner Consulting Group, DLR Division, Inc....
 
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