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23 August 2017
CME: Seasonal Tendencies Suggest Stabilization in Boxed Beef, Slaughter Cattle Markets
US - Feeder cattle price trends outperformed normal seasonal price patterns during July, showing some resilience in the midst of plummeting slaughter cattle prices that began in June, according to Steiner Consulting Group, DLR Division, Inc....
Successful NAFTA Renegotiation Could Enhance North American Global Competitiveness
CANADA - The Canadian Meat Council suggests a successful NAFTA renegotiation could enhance the competitiveness of Canada, the United States and Mexico in international markets for meat, writes Bruce Cochrane....
UK Food Exports to China Up 35%
UK - British food and drink exports saw record growth in the first half of this year, rising by 8.5 per cent on the same period last year, buoyed in part by a 35 per cent increase in exports to China....
22 August 2017
CME: National Beef Retail Activity Index Lower in W33
US - The national beef retail activity index was lower last week but largely following the normal seasonal decline, reports Steiner Consulting Group, DLR Division, Inc....
Price of Milk, Butter Soar; Dairy Only 14% of Average Food Bill
NETHERLANDS - The price of dairy products in the Netherlands has soared 10 per cent over the past year – the highest increase in 10 years – the national statistics office CBS said at the weekend....
Iran’s Annual Dairy Output to Hit 10m Tons
IRAN - Deputy Iranian agriculture minister estimated that the country’s dairy production will exceed ten million tons in the present Iranian calendar year (to end 21 March 2018)....
21 August 2017
IFA Demands Ag Minister's Intervention on Beef Prices
IRELAND - IFA President Joe Healy said the Minister for Agriculture Michael Creed can no longer ignore the major cuts in cattle prices at the meat factories that have left beef farmers facing losses this year....
Support within US Key to Successful NAFTA Renegotiation
US - The Vice President of the Canadian Global Affairs Institute says strong American support for NAFTA, particularly within the agricultural community, will play an important role in the renegotiation of agreement, according to Bruce Cochrane....
National’s Trade Myopia Sees Japan Slap Tariffs on NZ Beef
NEW ZEALAND - New Zealand First says beef farmers throughout New Zealand are suffering from National’s negligence to secure a bilateral trade deal with Japan, like Australia’s success three years ago....
Japanese Beef Buyers May Get Frozen Out by Tariff Hike
JAPAN - Japan's newly imposed emergency tariff on frozen American beef has raised a question about the wisdom of hanging on to a relic of a bygone trade framework when securing enough beef to meet domestic demand could become a challenge amid the tightening...
University of Queensland Researchers Unlock Cheesemaking Secret
AUSTRALIA - Researchers say their new knowledge on the inner workings of a bacterium has important implications for Australia's billion dollar cheese industry....
MoU Signed to Boost Research, Dairy Sector
MALAYSIA - The Holstein Milk Company, via its subsidiary Farm Fresh, has signed a Memorandum of Agreement with Universiti Putra Malaysia (UPM) to jointly establish an industry centre of excellence (UPM-FarmFresh ICoE) to further boost the country’s...
18 August 2017
CME: USDA Makes Modest Adjustments to Corn, Soybean Harvest Forecasts
US - Despite much talk of deteriorating conditions and the potential for lower yields in several parts of the Corn Belt, USDA made some very modest adjustments to its corn and soybean harvest forecasts (see our report on 11 August for full coverage...
Danish Crown, Tulip to Move Under One Roof
DENMARK - Since its founding in 1990, Danish Crown has become one of Denmark's largest companies....
IFA Reports Busy Weeks on Live Exports Ahead
IRELAND - IFA National Livestock Chairman Angus Woods said the next number of weeks will be busy on the live export side with three boats set to sail to Turkey with weanlings and breeding heifers....
New QMS Video Highlights Health Benefits of Red Meat
UK - Quality Meat Scotland (QMS) has this week launched a new video highlighting the important role of beef, lamb and pork in a healthy diet....
No Country for Uniform Gain in Dairy Products Post GST
INDIA - Indian dairies are staring at a mixed business during the upcoming festive season following the rollout of the uniform Goods and Services Tax (GST) across the country, which now makes certain products relatively expensive in the North and cheaper...
Zimbabwean Dairy Sector, Banks in Funding Talks
ZIMBABWE - The Zimbabwe Association of Dairy Farmers (ZADF) has engaged the banking sector in efforts to secure funding for the industry, businessdigest has learnt....
Farmers Concerned About Glanbia 5-year Scheme's Feed Link
IRELAND - IFA National Dairy Committee Chairman Sean O’Leary has said that while the 5-year fixed milk price contract announced by Glanbia is another important effort to help farmers manage their milk price risk, giving preferential access based on...
USTR Voices Concerns About Japan’s Safeguard Tariffs on US Beef
US - US Trade Representative Robert Lighthizer on Thursday conveyed Washington’s concern about Tokyo’s recent imposition of emergency tariffs on frozen beef from the United States and other countries....
17 August 2017
CME: Can Beef Packers Pay More for Cattle, Still Stay in the Black?
US - In their latest "Daily Livestock Report" Steiner Consulting Group, DLR Division, Inc. poses the question, "Can beef packers pay a bit more for cattle and still stay in the black?"...
SAFE Condemns Appalling Neglect of Dairy Cows
NEW ZEALAND - SAFE was appalled to learn of one of New Zealand’s most serious cases of systematic neglect of farmed animals this week....
IFA President Says Beef Price Cuts Must Stop
IRELAND - IFA President Joe Healy said beef price cuts at the meat factories must stop as they are squeezing out any chance of profit for farmers grazing cattle this year....
Start of NAFTA Renegotiation Good Reason for Optimism
CANADA - The Vice-President of the Canadian Global Affairs Institute says, with the renegotiation of NAFTA now underway, there's good reason for Canadians to be optimistic, Bruce Cochrane reports....
US, Canadian & Mexican Farm Groups Support Modernised NAFTA
US, CANADA & MEXICO - The American Farm Bureau Federation (AFBF), The Canadian Federation of Agriculture (CFA) and Mexico’s Consejo Nacional Agropecuario (CNA) yesterday sent a joint letter to Canadian, United States and Mexican government officials...
UP, MP May Buy Maha's Instant Beef Testing Kits
INDIA - Members of the Uttar Pradesh (UP) Forensic Science Laboratory (FSL) as well as officers of the Madhya Pradesh Police earlier this month met with their Maharashtra counterpart to learn more about the instant beef testing kits being used in the...
Meat, Dairy Drive Producer Prices
NEW ZEALAND - Higher prices for lamb, beef, and dairy products helped lift prices received by manufacturers, but they also paid more for raw products and power, Stats NZ said today....
16 August 2017
Slowing Supply Growth to Impact NZ Dairy Supply Chain
NEW ZEALAND - New Zealand dairy processors will struggle to fill existing and planned capacity in coming years as milk supply growth slows, leading to more cautious investment in capacity over the next five years, according to a new report from Rabobank....
 
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