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Cattle Industry News By Category: Processing

18 January 2021
UK farmgate prices remain strong despite border concerns stemming from Brexit
Despite the Brexit trade agreement between the UK and EU, UK cattle producers must still contend with the new non-tariff conditions and biosecurity checks for exports. ...
CME update: cattle futures rise on bargain buying
US live cattle futures rose on 15 January on some bargain buying but still posted their first weekly loss in five weeks....
15 January 2021
CME update: cattle futures falter as corn prices surge
US feeder cattle futures fell on 14 January, retreating back towards a three-month low on prospects for increased input costs for farmers due to skyrocketing corn prices....
14 January 2021
CME update: live cattle futures end mixed on concerns about feed costs
Nearby US cattle futures weakened on 13 January, weighed down by prospects for rising feed costs due to higher prices for corn, soybeans and wheat....
12 January 2021
CME update: live cattle futures fall on profit-taking and technical selling
US cattle futures sank on 11 January in a profit-taking and technical selling setback amid concerns about weakening US demand for cattle and beef....
Smithfield suspends US federal campaign donations
Smithfield Foods has suspended federal campaign donations after the US Capitol riot on 6 December....
11 January 2021
CME update: live cattle futures fall lower on technical selling
US cattle futures drifted lower on 8 January on light technical selling, with the spot February contract pressured as speculators rolled long positions into forward months....
08 January 2021
CME update: live cattle futures end mixed while feeder futures firm as rally in corn prices stalls
US cattle futures closed narrowly mixed on 7 January with the spot February contract drifting lower in range-bound trade, awaiting direction from cash markets....
BMPA warns that the UK risks food shortages if food factory workers are not prioritised for COVID-19 vaccine
The British Meat Processors Association warns that the UK Government's failure to prioritise food processing workers for the coronavirus vaccine puts the country's food supply at risk. ...
07 January 2021
CME update: cattle futures inch lower as traders weigh slowed meat processing
Live cattle futures fell on 6 January as traders considered declining beef cut-out values against expected tighter market-ready cattle supplies in the second quarter of the year....
Smithfield Foods prepares for COVID-19 vaccine distribution to US employees
Smithfield Foods, the world’s largest pork processor, says it is actively preparing for COVID-19 vaccine distribution to employees and has medical capabilities at its US plants....
06 January 2021
JBS responds to slavery allegations on Brazil’s cattle ranches
Brazilian meatpackers must clean up their supply chains, labour experts said on 5 January, after an investigation showed six firms bought cattle from ranches that used slave labour....
CME update: live cattle futures rally on fund-driven buying
US live cattle futures rose by 2 percent on 5 January, bouncing back from a sell-off a day earlier....
05 January 2021
CME update: live cattle futures sink amid larger Wall Street retreat
US live cattle futures fell more than 2 percent on 4 January, pressured by ample beef supplies and fund-driven selling as Wall Street equities declined....
01 January 2021
CME update: live cattle futures end on a high, but post a 9 percent decline for the year
US live cattle futures closed higher on 31 December, buoyed by fund-driven buying, strong weekly export sales data and optimism about consumer demand for meat in the coming months....
31 December 2020
CME update: live cattle futures fell as corn prices skyrocket, ratcheting up feed costs
US live cattle futures sank on 30 December for a second straight session as surging corn prices signalled rising feed costs and pressured feeder cattle futures....
30 December 2020
Canada invests $5 million to address pandemic disruptions to meat processing
The governments of Canada and Ontario are investing up to $5 million in immediate, emergency assistance to help the province’s beef farmers manage costs associated with the impacts of COVID-19 and to help protect Ontario’s food supply network....
CME update: Live cattle futures fall amid larger Wall Street drop
US cattle futures retreated on 29 December after hitting a near three-month high in the previous session as rising feed costs and a downturn in equities markets triggered selling....
China Meat Association calls for exporters to disinfect shipments to prevent COVID-19
Chinese meat importers and processors have called on exporters in countries with COVID-19 cases to increase checks on shipments before they are sent to China....
29 December 2020
CME update: live cattle futures reach three-month peak as markets strengthen
US cattle futures reached the highest level in nearly three months on 28 December on firming cash market prices, new economic stimulus and hopes for improved beef demand....
BMPA calls for meat workers to be prioritised when vaccinating against the new COVID-19 variant
As a new, more infectious variant of the novel coronavirus emerges in the UK, the BMPA urges the government to vaccinate meat plant workers to avoid shutdowns and wide-spread supply chain disruptions....
23 December 2020
Cargill’s Guelph Beef Processing Facility now sourcing beef from Certified Sustainable farms and ranches across Canada
December 8, 2020, Guelph, ON – Expansion of Cargill’s implementation of the Canadian Roundtable for Sustainable Beef (CRSB)’s Certified Sustainable Beef Framework is now a reality....
21 December 2020
Food trends expert shares how COVID-19 is changing food service
The COVID-19 pandemic has undoubtedly had devastating effects on the restaurant industry, and a University of Guelph food and agri-business forecaster expects many more changes still to come. ...
18 December 2020
Cargill closes Canadian beef plant after COVID-19 outbreak
Cargill has temporarily closed its beef plant in Guelph, Ontario after coronavirus infections were reported among workers....
CME update: cattle futures firm, reaching a two-week high
US cattle futures posted a second straight day of gains on technical buying on 17 December, reaching a two-week high....
17 December 2020
British meat industry calls for an "orientation phase" after Brexit transition period ends
The British Meat Processors Association (BMPA) is calling for an "orientation phase" from 1 January to account for the UK Government's lack of Brexit preparation....
15 December 2020
CME update: live cattle futures remain steady while feeder futures edge higher
US live cattle futures remained mostly unchanged on 14 December, while feeder cattle futures closed slightly higher....
14 December 2020
Perdue Farms asks CDC for help as US states unveil individual vaccine plans
US poultry company Perdue Farms is urging the Centers for Disease Control and Prevention to work to coordinate states’ policies over who will receive the COVID-19 vaccines first, warning that individual, patchwork plans could threaten the success of...
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