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Cattle Industry News By Category: Processing

31 March 2020
JBS cuts production at US facility as precaution
JBS will reduce beef production for two weeks at a Pennsylvania plant after managers displayed flu-like symptoms. ...
CME update: cattle futures ease on concerns of slaughterhouse closures
US cattle futures weakened on 30 March as concerns mounted over slaughterhouses closures due to coronavirus....
US Senators question meat packers’ surging profits during COVID-19
US Senators are calling for investigations of beef processors’ record profit margins after market shake up....
27 March 2020
Despite steady trade flows, JBS anticipates a drop in exports as coronavirus worsens
Meat packing giant JBS has said that the current pandemic could lead to container shortages, port disruptions and other logistical challenges....
US cattle futures tumble as panic buying slows
CME traders report that the daily limit falls signal that consumers are no longer stockpiling meat....
26 March 2020
CME update: cattle futures end mostly lower, signalling an end to the surge
Benchmark June live cattle futures on the Chicago Mercantile Exchange closed lower on 25 March for the first time in five sessions....
JBS quarterly net income skyrockets by over 300 percent
Meat packing giant JBS SA reports quarterly net profit of 332 percent over the prior-year period, citing surging sales to China....
24 March 2020
As coronavirus bolsters meat demand, processors approve pay raise for North American farmers and workers
On 23 March, North American meat processors agreed to pay extra money to farmers and slaughterhouse workers as companies struggle to meet surging demand from consumers who are stockpiling meat....
20 March 2020
Harare residents warned against buying anthrax-contaminated beef
ZIMBABWE - Mahusekwa villagers in Marondera have warned Harare residents against buying beef from unregistered abattoirs and butcheries who are reportedly flocking the area to buy sick or sometimes dead cattle infected by anthrax....
Farming priority must be to keep industry operating, good moving, says IFA
IRELAND - IFA President Tim Cullinan said that farmers and everybody involved in the sector needs to fully observe all HSE protocols and do everything they can to minimise risk, so processors, co-op stores and marts can be kept operating....
Cattle futures rebound as grocery demand intensifies
US livestock futures rose on Thursday as part of a broad recovery in the agriculture markets stemming from oil gains and export hopes....
19 March 2020
Onus on meat factories to act responsibly
IRELAND - IFA National Livestock Chairman Brendan Golden said factories are paying a base price of €3.65/€3.70 for steers this week and €3.75 for heifers in places....
“Misled” shareholders of Brazil’s JBS seek over $270 million in damages
A group of shareholders in JBS SA began arbitration proceedings against the company, stating they were misled after the company’s IPE in Brazil back in 2007....
18 March 2020
Brazilian meatpacker Minerva SA suspends production at four facilities in response to coronavirus outbreak
Minerva SA will place workers on paid leave at four processing plants in Brazil....
17 March 2020
US under pressure to keep slaughterhouses open amid pandemic
The USDA hopes to reassure meat producers that it will keep slaughterhouses staffed with federal inspectors as fears of potential shutdowns due to the novel coronavirus mount....
16 March 2020
COVID-19 affecting cattle futures
US - The spread of Coronavirus into a global pandemic has so far impacted both lean hog and cattle futures, reports Steiner Consulting Group, DLR Division, Inc....
Botswana to liberalise beef exports, says minister
BOTSWANA - Botswana will open up its beef industry to allow farmers to export their meat directly, the minister of agricultural development and food security told parliament late on Thursday....
UK-US beef protocol positive result for NI beef farmers, says UFU
UK - The Ulster Farmers’ Union (UFU) beef and lamb chairman Sam Chesney said the announcement of the UK-United States beef protocol is a positive result for Northern Ireland (NI) beef farmers and the timing of this could not be more fitting....
13 March 2020
Belarus ready to supply meat, dairy products to Mozambique
BELARUS - Belarusian companies are ready to supply meat and dairy products, as well as other farm produce to Mozambique....
Beef Environmental Efficiency Programme (SUCKLERS) open for applications
IRELAND - The Department of Agriculture, Food and the Marine informed farmers and advisors that the application process for the Beef Environmental Efficiency Programme (BEEP (SUCKLERS)) for 2020 opened yesterday, (Thursday, 12 March)....
12 March 2020
USDA increases forecast for 2020 beef production
US - Even as pork production is up significantly from a year ago, supply availability in the US market has not increased much due to sharply higher exports (mostly to China) and a double digit decline in imports. That has not been the case for beef...
Govt probes sale of meat from dead cattle
ZIMBABWE - The government has instituted investigations into the sale of contaminated meat by some abattoirs, butcheries and illegal meat traders, which is putting the lives of the public at risk....
Beef farmers criticise calls to slash red meat, dairy Intake
UK - According to a report released by the government-funded research group Energy Systems Catapult, the only way the UK can reach its net zero target by 2050 is by cutting down on consumption of red meat....
US opens market to UK beef exports
UK - Beef from the UK could soon be heading to America after government officials agreed the next step of an export deal worth around £66 million over the first five years....
11 March 2020
US beef exports trend higher
US - Following a record-breaking performance in 2019, January US beef exports were higher year-over-year, according to data released by USDA and compiled by USMEF....
QMS launches new "Make it" campaign
SCOTLAND, UK - Two of Scotland’s finest ingredients, Scotch Beef PGI and Scotch Lamb PGI, are set to be in the spotlight in the coming weeks as Quality Meat Scotland (QMS) launches it’s new 'Make it' campaign....
Beefing up efficiency
There is "considerable opportunity" to improve the efficiency of the beef sector in Scotland, according to new research published by Scotland’s Rural College....
10 March 2020
US beef takes up 53 percent of Korean import market in 2019
SOUTH KOREA - The United States accounted for more than half of the South Korean market for imported beef last year, data showed Monday, widening the gap with its top rival, Australia....
 
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