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27 March 2017
CME: Total Commercial Cattle Slaughter in February Up 3.5%
US - USDA issued its monthly production statistics for beef and pork, reports Steiner Consulting Group, DLR Division, Inc....
Brexit Cannot Derail Farming, Food Growth Targets, Says IFA
IRELAND - Speaking at the ASA debate on Brexit in Kilkenny last week, IFA President Joe Healy dismissed any suggestion of diluting growth targets for the farming and food industry because of Brexit. ...
China, NZ Agree to Start Talks on Upgrading FTA in Late April
CHINA & NEW ZEALAND - China and New Zealand agreed to start talks on upgrading a bilateral free trade agreement (FTA) in late April....
Crisis Slows Efforts to Reclaim European Beef Market
KENYA - The land invasions experienced in Laikipia County could slow down Kenya’s efforts to reclaim its beef export quota to the European Union, which it lost 25 years ago....
China Huishan Dairy Fallout Spreads as Chinese Lender Slumps
HONG KONG - Jilin Jiutai Rural Commercial Bank Corp shares slumped by a record amid concern over its exposure to the embattled dairy product manufacturer China Huishan Dairy Holdings on Monday (27 March)....
Largest Multi-product Dairy Processing Plant in Western Province to Open
SRI LANKA - Cargills Ceylon PLC, which has, over the last two years, initiated a Rs. 3.3 billion rupee intensive dairy expansion project will host President Maithripala Sirisena on 3 April to ceremonially launch the Kotmale Dairy Plant at Gaspe, Banduragoda...
24 March 2017
CME: Beef Inventory in Cold Storage at February End Down 0.8%
US - The latest USDA cold storage report did not present any major surprises but broadly speaking we thought it buttressed the bullish case for beef prices in the very near term, reports Steiner Consulting Group, DLR Division, Inc....
Producers Prioritise FMD Vaccine Bank in Farm Bill
US - The US pork industry’s top priority for the next Farm Bill is establishing a Foot-and-Mouth Disease (FMD) vaccine bank, the National Pork Producers Council told a House Agriculture subcommittee in testimony earlier this week....
IFA to Launch 'Milkwise 2025' Next Week
IRELAND - IFA President Joe Healy will, with National Liquid Milk Committee Chairman John Finn, next Tuesday in Dublin launch a major new Liquid Milk Strategy for Irish produced fresh milk....
Major Interest in US Beef Shown at Shanghai Food Show
CHINA - Offering Chinese traders and HRI managers samples of US pork loin, brisket and boneless butt, USMEF was able to demonstrate the products’ quality and versatility at the Food and Hotel China (FHC) Shanghai Food Show....
Arla Foods Amba Confirms April Milk Price
UK - Arla Foods is decreasing its milk price to owners by 0.42 pence per litre from 1 April....
Dominica, St Lucia Ban Corned Beef from Brazil
JAMAICA - Dominica and St Lucia are two of the latest Caribbean Community (CARICOM) member states to announce a ban on the imports of corned beef from Brazil....
Saudi Arabia Halts Brazilian Beef, Poultry Imports
SAUDI ARABIA - Saudi Arabia has stopped beef and poultry imports from four Brazilian companies over concerns about food safety after accusations that individuals had been bribed to allow sales of rotten and salmonella-tainted meats....
23 March 2017
CME: Key Countries Suspend Brazilian Meat Imports Due to Scandal
US - The scandal that has affected the Brazilian meat packing and processing industry in recent weeks continued to play out, with a number of key importing countries announcing that they would suspend, curtail or enhance inspections of meat from that...
IFA Reiterates Call for Ban on Brazilian Meat; Commission Response Inadequate
EU - IFA President Joe Healy has reiterated his call for a full ban on Brazilian meat imports into the EU, including poultry, saying the move by the EU Commission to halt only those companies implicated in the investigation is not enough....
Improved Farm Debt Mediation Process, QRAA Revamp Welcomed
AUSTRALIA - AgForce has welcomed more rigorous farm debt mediation processes and a revamp of the Queensland Rural Adjustment Authority to assist farmers in financial stress but have called for a broader overhaul of drought policy going forward....
GDT Upturn Must Help Co-ops Stay on Track
IRELAND - IFA National Dairy Committee Chairman Sean O’Leary said the upturn (+1.7 per cent) in the GDT weighted average price for products to be traded between April and September reflected the absence of surprise increase in volumes made available,...
22 March 2017
IFA Calls for Immediate Ban on Brazilian Meat
EU - IFA President Joe Healy has called for an immediate ban on Brazilian meat imports into the EU. He said the latest shocking revelations on the failure of Brazil to meet EU standards and controls in the meat sector raises very serious concerns around...
New Strategic Farm Programme Targets Stock in Spec
UK - AHDB Beef & Lamb is looking to recruit producers who want to improve the performance of their livestock enterprise to take part in its new Strategic Beef & Lamb Farm Programme....
Shoppers Urged to Buy Scottish Amid ‘Rotten’ Brazilian Meat Claims
SCOTLAND, UK - Following the news that Brazilian meat processors are selling ‘rotten’ meat, NFU Scotland believes that the integrity of meat being sold in the European and UK market must be protected. ...
DairyNZ Committed to Lowering Environmental Impact
NEW ZEALAND - Commenting on yesterday’s OECD Environmental Performance Review announcement, DairyNZ’s chief executive Dr Tim Mackle says the dairy sector is committed to lowering its environmental impact, while protecting the valuable contribution...
Quality Beef Grade, Dressing Percentage & Grids
US - The average cattle feeder wants to be rewarded for above-average beef quality, and many have turned to some type of value-based “grid” marketing to earn premiums. After selling a few pens on a packer grid, some feeders lament it’s less about...
EU Milk Reduction Scheme: Nearly 852,000 T Reduced
EU - Nearly 44,000 farmers from across the EU have applied for support from the EU for agreeing to voluntarily reduce their production of milk in the last quarter of 2016....
21 March 2017
CME: Cattle Futures Markets on Bullish Ride
US - In the beef business, so far all seems to be in good shape and yet cattle futures markets have very reluctantly come along for the bullish ride that is consuming the product market, according to Steiner Consulting Group, DLR Division, Inc....
China, EU Cut Imports of Brazil Meat Amid Scandal
BRAZIL - China and the European Union curtailed meat imports from Brazil on Monday after police, in an anti-corruption probe criticized by the government as alarmist, accused inspectors in the world's biggest exporter of beef and poultry of taking bribes...
IFA: Cattle Prices Increase as Supplies Tighten
IRELAND - IFA National Livestock Chairman Angus Woods said cattle prices have risen a further 5 to 10c/kg this week, with the base price for steers at €3.90/kg and €3.95/kg paid. He said the base price for heifers has also moved on to €4.00/kg and...
Scotland’s Meat Exports Up 11% in 2016
SCOTLAND, UK - Increased meat exports in 2016 played an encouraging role in a record year for food and drink exports from Scotland, according to new figures released by the Scottish Government....
Brazil President Seeks to Calm Health Fears Over Beef Exports
BRAZIL - President Michel Temer, confronting a corruption scandal tarnishing Brazil’s lucrative meat industry, met with executives and foreign diplomats to assuage their health concerns over a sector responsible for US$12 billion in annual exports....
 
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