Cattle Industry News By Category: Economics
07 August 2020
Lebanon faces unprecedented food security challenges after explosion destroys its main grain silo
The recent blast in Beirut destroyed Lebanon’s only large grain silo, and few alternative stocks are available....
The recent blast in Beirut destroyed Lebanon’s only large grain silo, and few alternative stocks are available....
US senators lock horns over livestock bill
Two senior Republican senators from leading farm states are at odds over legislation aiming to make cattle markets more transparent....
Two senior Republican senators from leading farm states are at odds over legislation aiming to make cattle markets more transparent....
Slaughterhouses in Australia’s Victoria state reduce output by one-third amid coronavirus surge
Australia has announced workforce restrictions for abattoir workers in Victoria, hoping to curb rising COVID-19 cases....
Australia has announced workforce restrictions for abattoir workers in Victoria, hoping to curb rising COVID-19 cases....
Weekly global protein digest: China demand remains key driver
Following are the latest developments on the world protein front....
Following are the latest developments on the world protein front....
06 August 2020
UK NFU responds to Environment Agency air quality queries
The UK’s farmers can help improve air quality by reducing ammonia emissions, but the government must facilitate these efforts by improving regulations and removing barriers....
The UK’s farmers can help improve air quality by reducing ammonia emissions, but the government must facilitate these efforts by improving regulations and removing barriers....
CME update: cattle futures stabilise as supplies remain high
US live cattle futures steadied on 5 August as investors were unwilling to push the market above recent surges due to high cattle supplies....
US live cattle futures steadied on 5 August as investors were unwilling to push the market above recent surges due to high cattle supplies....
05 August 2020
Taiwan strengthens trade relationship with Paraguay with cattle imports
Taiwan’s beef imports from Paraguay are expected to be 10 times higher than they were in 2015....
Taiwan’s beef imports from Paraguay are expected to be 10 times higher than they were in 2015....
China and US to review trade deal on 15 August
Senior officials from both countries will review the implementation of the Phase 1 trade deal during a 15 August video conference....
Senior officials from both countries will review the implementation of the Phase 1 trade deal during a 15 August video conference....
CME update: cattle futures break winning streak
US live cattle futures sank on 4 August, reversing five straight sessions of gains....
US live cattle futures sank on 4 August, reversing five straight sessions of gains....
04 August 2020
Brexit’s unfinished business could negatively impact UK meat industry
The British Meat Processors Association (BMPA) reports that serious barriers to trade remain unresolved ahead of the withdrawal period deadline....
The British Meat Processors Association (BMPA) reports that serious barriers to trade remain unresolved ahead of the withdrawal period deadline....
Major grains plant in Argentina restarts production after coronavirus shutdown
The COFCO grains plant in Argentina has come back online after 12 cases of COVID-19 have been confirmed among workers....
The COFCO grains plant in Argentina has come back online after 12 cases of COVID-19 have been confirmed among workers....
CME update: cattle futures continue rising
US live cattle futures continued their winning streak on 3 August, as fund buying sparked the gains to expected strength in the cash markets....
US live cattle futures continued their winning streak on 3 August, as fund buying sparked the gains to expected strength in the cash markets....
01 August 2020
Ireland’s cattle trade shows that factories can afford to pay more for meat
Ireland’s strong cattle trade shows that, “factories can afford to pay more,” according to the Irish Farmers’ Association (IFA)....
Ireland’s strong cattle trade shows that, “factories can afford to pay more,” according to the Irish Farmers’ Association (IFA)....
31 July 2020
China to permit foreign investment in livestock breeding
China’s state planner has said it will encourage foreign investment in livestock and poultry breeding from 2020....
China’s state planner has said it will encourage foreign investment in livestock and poultry breeding from 2020....
CME update: cattle futures rise on strong export figures
US live cattle futures closed higher on 30 July for a third straight session, strengthened by high weekly beef export sales....
US live cattle futures closed higher on 30 July for a third straight session, strengthened by high weekly beef export sales....
30 July 2020
Newest round of US COVID-19 relief earmarks additional cash for agriculture
The Health Economic Assistance Liability Protection and Schools (HEALS) Act, introduced earlier this week in the US Senate, would provide an additional $20 billion to the USDA to aid farmers and ranchers....
The Health Economic Assistance Liability Protection and Schools (HEALS) Act, introduced earlier this week in the US Senate, would provide an additional $20 billion to the USDA to aid farmers and ranchers....
CME update: cattle futures inch higher
US live cattle futures closed higher on 29 July for a second straight session as cash cattle prices become stronger....
US live cattle futures closed higher on 29 July for a second straight session as cash cattle prices become stronger....
China may miss US farm import target for 2020
The ambitious $36.5 billion import target for US farm goods to China is falling further out of reach after seven months of disputes....
The ambitious $36.5 billion import target for US farm goods to China is falling further out of reach after seven months of disputes....
29 July 2020
CME update: live cattle futures rise as cash prices strengthen
US live cattle futures firmed on 28 July, supported by expectations of higher prices in the cash market for slaughter-ready cattle....
US live cattle futures firmed on 28 July, supported by expectations of higher prices in the cash market for slaughter-ready cattle....
Nordea sheds €40 million of JBS shares, citing poor environmental and health and safety record
Nordea Asset Management has dropped shares of JBS SA worth about €40 million for all of its funds in July based on the company’s environmental record and response to the COVID-19 pandemic....
Nordea Asset Management has dropped shares of JBS SA worth about €40 million for all of its funds in July based on the company’s environmental record and response to the COVID-19 pandemic....
UK Government still sidelining animal welfare concerns in its trade policy
Key animal welfare groups like the RSPCA have lingering concerns over the UK's Trade and Agriculture Commission....
Key animal welfare groups like the RSPCA have lingering concerns over the UK's Trade and Agriculture Commission....
28 July 2020
Amazon enters the UK grocery delivery space
Amazon has announced that it will begin free deliveries of groceries in the London area on 28 July....
Amazon has announced that it will begin free deliveries of groceries in the London area on 28 July....
CME update: live cattle futures fall amid ongoing supply concerns
US live cattle futures had a strong opening on 27 July but fell from session highs on technical selling and potential oversupply concerns....
US live cattle futures had a strong opening on 27 July but fell from session highs on technical selling and potential oversupply concerns....
UK's Liz Truss officially launches Trade and Agriculture Commission
Members of key agriculture, animal health and environmental groups met in Whitehall to agree on the UK's priorities and timetable for a report on potential trade deals and food and animal welfare standards....
Members of key agriculture, animal health and environmental groups met in Whitehall to agree on the UK's priorities and timetable for a report on potential trade deals and food and animal welfare standards....
27 July 2020
CME update: cattle futures rise, but remain short on the week
US live cattle futures rose on 24 July following four straight days of falls....
US live cattle futures rose on 24 July following four straight days of falls....
24 July 2020
UK and EU trade deal faces further setbacks
Britain and the European Union clashed on 23 July over a potential free trade agreement, with the EU saying a formal deal was “unlikely”....
Britain and the European Union clashed on 23 July over a potential free trade agreement, with the EU saying a formal deal was “unlikely”....
The EU has made a ground-breaking “green recovery” pledge – but questions remain
The EU has pledged a record sum of money to slow climate change, but experts warn that governments must spend the money wisely....
The EU has pledged a record sum of money to slow climate change, but experts warn that governments must spend the money wisely....
CME update: cattle futures fall on uncertain demand
US live cattle futures eased on 23 July, marking a fourth straight step back after reaching a peak....
US live cattle futures eased on 23 July, marking a fourth straight step back after reaching a peak....
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