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Cattle Industry News By Category: Processing

07 May 2021
CME update: cattle futures rise with wholesale meat prices
US live cattle futures climbed on 6 May as US wholesale prices increased....
06 May 2021
USMEF reports record-breaking beef exports in March
US exports of beef and pork posted record highs in March 2021, according to data released by the USDA and analysis from the US Meat Export Federation (USMEF)....
Ontario's meat processors get a boost from Canadian Agricultural Partnership
The $7 million investment will help improve production and safety measures in Ontario's slaughterhouses....
05 May 2021
CME update: cattle futures end lower as supplies rise
US live cattle futures sank on 4 May as traders contended with ample supplies of cattle and a steady slaughter pace....
04 May 2021
CME update: cattle futures end mixed as traders brace for weak cash prices
Despite strong export demand and climbing packer margins, traders reported a mixed day on 3 May....
Tyson launches plant-based burgers and sausages to compete with Beyond Meat
Tyson Foods Inc is launching plant-based hamburgers and sausages ahead of the US summer grilling season, increasing competition for Beyond Meat as it releases an updated version of its own faux burger....
30 April 2021
29 April 2021
CME update: cattle futures ease on pressure from feed prices
US live cattle futures settled lower on 28 April, as higher grain prices push producers to sell cattle early to avoid feed costs, creating a surplus of market-ready cattle....
28 April 2021
CME update: US cattle futures ease as grain costs rise
US live cattle futures fell on 27 April, as higher input costs could lead to near-term selling of cattle as producers are resistant to paying higher feed costs....
27 April 2021
CME update: cattle futures climb on monthly report
US live cattle futures gained on 26 April, supported by Friday’s monthly Cattle on Feed report that showed smaller-than-expected placements....
26 April 2021
CME update: cattle futures close narrowly mixed ahead of Cattle on Feed report
US live cattle futures ended narrowly mixed on 23 April, with nearby contracts pressured by lackluster cash cattle trade and position-squaring ahead of the monthly Cattle on Feed report....
23 April 2021
CME update: cattle futures extend their slide as corn prices surge higher
US cattle futures closed lower on 22 April for the tenth time in the last eleven sessions, pressured by fund-driven long liquidation and soaring corn prices that threaten cattle feeders’ profits....
USDA wants farmers' ideas on how food supply chains can be strengthened
The USDA is seeking public comments on how to make the US food system supply chains more resilient, diverse and secure. ...
22 April 2021
CME update: cattle futures sag on technical selling
US cattle futures closed lower on 21 April on lackluster cash markets, soaring feed costs and technical selling....
21 April 2021
CME update: cattle futures bounce after eight-session losing streak
US live cattle futures closed higher on 20 April for the first time in nine sessions as brisk demand for beef prompted a round of bargain-buying....
Tyson Foods expands onsite COVID-19 vaccinations to employees' families
Tyson Foods Inc says that US employees' family members will be able to receive COVID-19 vaccines at all future vaccination events the company holds, a sign of increasing supplies and expanded eligibility for shots in the general public....
20 April 2021
CME update: live cattle futures extend their slide
US live cattle futures fell on 19 April, extending their slight to eight straight sessions on long liquidation and signs that surging wholesale beef prices may have reached a seasonal top....
JBS invests $301 million to upgrade meat plants in Brazil
Meat packing giant JBS SA will invest $301 million (1.7 billion reais) between 2021 and 2023 to update seven meat processing plants in Southern Brazil....
19 April 2021
CME update: cattle futures fall on demand concerns
US cattle futures ended weaker on 16 April, with the June live contract notching its seventh straight losing session....
16 April 2021
Canada greenlights funding for livestock producers who were affected by abattoir slowdowns
The Canadian government is providing financial assistance to cattle and hog producers who were affected by the slowdown of slaughterhouses during the COVID-19 crisis in 2020. ...
CME update: cattle futures end lower as slaughter and export numbers disappoint
US live and feeder cattle futures ended lower on 15 April, falling back from major gains last week....
Weekly beef and dairy digest: US beef sales abroad continue to slip
Read the USDA outlook for beef and veal and see an in-depth analysis of Brazil's meat industry. ...
15 April 2021
CoBank's quarterly analysis suggests that President Biden's proposed infrastructure plan could significantly impact rural America
The latest analysis from CoBank finds that the US economy is gathering momentum after the COVID-19 crisis and that policy decisions and the proposed infrastructure plan will have far-reaching impacts on rural industries. ...
13 April 2021
Brazil’s beef packers halt production as cattle prices skyrocket and demand shrinks
Brazilian beef packers are suspending production in selected locations, as a rise in costs that cannot be passed through to consumer prices have squeezed their margins....
CME update: cattle contracts end in negative territory
Cattle futures on the Chicago Mercantile exchange closed lower on 12 April after hitting a 15-month high on 8 April....
12 April 2021
CME update: live cattle futures ease after a week of surging cash cattle and beef prices
US live cattle futures fell on 9 April as basis between cash cattle and futures narrowed....
09 April 2021
CME update: live cattle futures falter after climbing in the first half of the week
US live cattle futures stepped back on 8 April after making gains earlier this week, despite continued strength in beef cut-outs and the cash market....
Canada makes further investments in worker safety at meat plants
Canada is investing over $12 million to build processing capacity and improve worker safety in Ontario's meat plants. ...
 
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