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Cattle Industry News By Category: Markets

20 November 2017
CME: FI Steer, Heifer Slaughter Up Compared to a Year Ago
US - Federal inspected steer and heifer slaughter through the first nine months of 2017 is up 5.7 per cent from a year earlier, reports Steiner Consulting Group, DLR Division, Inc....
Cattle Farmers Feel Squeeze After Ban Lifted on Exports
MYANMAR - The government has announced plans to lift a ban on live cattle exports but industry sources say ordinary farmers are unlikely to benefit until restrictions on transporting cattle are also removed....
US Beef Claims Half of Korean Import Market
SOUTH KOREA - For the first time in 14 years, imports of US beef accounts for more than half of South Korea’s imported beef market on the back of the two countries’ free trade agreement, according to data from the Korea International Trade Association...
Beef + Lamb NZ Extends Support to B+LNZ Genetics
NEW ZEALAND - After four years of operation and a series of successful milestones, Beef + Lamb New Zealand (B+LNZ) has extended its support of wholly-owned subsidiary B+LNZ Genetics beyond its initial five-year funding programme....
17 November 2017
CME: COF Pre-report Expectations for Feedlot Placements Show Wide Range in October
US - USDA’s National Agricultural Statistics Service (NASS) will release their monthly "Cattle on Feed" report today (Friday). The on-feed animal count will be as of 1 November and the animals placed and marketed will be for October, reports Steiner...
Further 1000 Mycoplasma Bovis Cattle to be Culled
NEW ZEALAND - A further 1000 cattle will be culled in South Canterbury due to the cattle disease Mycoplasma Bovis....
Nonghyup to Sell Korean Pork, Beef from Vending Machine
SOUTH KOREA - A South Korean agricultural cooperative is pushing to introduce a vending machine selling livestock products, such as pork and beef, targeting the increasing number of single-person households in the country, industry sources said Friday....
Fears Over Chicken, Beef Being Sold in Some Eateries
KENYA - Lunchtime and early evening see fast food outlets in the city bustling with people, with chips and fried chicken among the most popular meals ordered. ...
Queensland Dairy Farmers Could be Paid More for Their Product
AUSTRALIA - As Queensland dairy farmers struggle to stay afloat amid unsustainably low milk prices, there are hopes a new milk factory on the Darling Downs might throw a lifeline to at least some of them....
Huishan Dairy Takes First Step Toward Liquidation
CHINA - China Huishan Dairy Holdings Co. Ltd. has asked its lawyers to begin provisional liquidation of the heavily indebted company, according to a disclosure filed to the Hong Kong Stock Exchange late Thursday....
Fonterra 'Desperate' to Restore Public Support for Dairy
NEW ZEALAND - Fish & Game says Fonterra has now realised it must act quickly to meet public demand for better water quality instead of relying on spending millions on slick PR campaigns promoting the dairy industry....
16 November 2017
Scottish Dairy in the Spotlight in AHDB's Latest Report
UK - AHDB has shone a spotlight on the potential impacts of Brexit on agriculture and horticulture in Scotland in its latest "Horizon" report....
Australian Dairy Giant Reaches Settlement with ASIC
AUSTRALIA - Murray Goulburn Co-operative Co. Limited and MG Responsible Entity Limited (MGRE) have agreed a settlement with the Australian Securities and Investments Commission (ASIC) in relation to ASIC’s investigation into Murray Goulburn’s conduct...
Beef Prices Headed for €4.00/Kg with Demand Hardening
IRELAND - "Say nothing, tell no one" - those were the word that echoed down many phones over the weekend and yesterday morning as factory agents closed deals that saw many hundreds of cattle being bought at prices that factories don't want publicised....
Beef + Lamb NZ Invites Director Nominations, Remits
NEW ZEALAND - Beef + Lamb New Zealand (B+LNZ) yesterday announced that nominations have opened for two B+LNZ director roles and one position on its Directors’ Independent Remuneration Committee (DIRC)....
Kebbi Govt Creates Settlement for Fulani Cattle Breeders
NIGERIA - The Kebbi State Government has resolved to create a permanent settlement for Fulani cattle breeders and with the necessary basic amenities for them and their animals....
15 November 2017
CME: US Beef Imports in September up 5%
US - US beef imports in September were up 5 per cent from the prior September, capping a quarter when imports were up 8 per cent from a year earlier, reports Steiner Consulting Group, DLR Division, Inc....
WTO Rules in Favor of US in Beef Dispute with Indonesia
US - This week the World Trade Organization (WTO) ruled in favor of the United States in a dispute with Indonesia over its complex and opaque import requirements for beef and beef products. ...
Scottish Red Meat Industry Well-Positioned for Strong Future
SCOTLAND, UK - The Scottish red meat industry has all the right ingredients for a strong future despite its challenges and the evolving Brexit situation, according to Alan Clarke, Chief Executive of Quality Meat Scotland (QMS)....
First Milk Holds Milk Price for December
UK - First Milk yesterday announced that it will be holding its current milk price for December 2017. This follows four consecutive months of milk price increase....
Industry Productivity in the Spotlight at Beef and Lamb Conference
UK - The English beef and sheep supply chain must come together to make real productivity gains in an ever more competitive world....
Dairy Marker Domty Profits Fall 48% in Jan-Sept
EGYPT - Egyptian dairy maker, Arabian Food Industries Company (Domty) reported Wednesday a 48 per cent decline in its nine-month profits to reach 28.5 million Egyptian pounds ($1.6 million)....
Zoetis Influence Feed - October 2017 part 2
Every 2 weeks the team at Zoetis share the Top 5 Influencer Topics in the agriculture industry. ...
14 November 2017
CME: Slowdown in Cattle Slaughter During W45/2017
US - We had some feedback from readers last week concerning the summary of projections for beef and pork supplies/prices in 2018. We want to stress that those projections are from USDA, they do not reflect our personal opinions on this topic, says...
US Beef Exporters Find Niche in China
CHINA - The country may be starting to beef up. By the end of September, US beef exports to China reached about a thousand metric tons for a total of $12.5 million since the export ban was lifted in May, according to the US Meat Export Federation....
US Beef has Strong Showing in Latvian High-end Retail Stores
LATVIA - As part of a strategy to increase sales of US beef in northern Europe, USMEF teamed with the largest foodservice distributor in the Baltic states of Latvia, Lithuania and Estonia to launch retail promotions at high-end retail stores. The promotions...
Milk Gets a New Voice: DBMMC Now Edge
US - Milk is getting a new voice in America’s Heartland. Edge, a dairy farmer cooperative, is taking a fresh approach to representing its members....
A2 Milk Top-performing Stock on NZX 50 in 2017
NEW ZEALAND - A2 Milk, the best performing stock on the benchmark S&P/NZX 50 Index this year after its annual profit tripled, signalled that growth has continued into the current financial year.``...
 
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