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Cattle Industry News By Category: Markets

10 May 2021
CME update: cattle futures rise on improved US beef prices and an upswing in demand
US cattle futures rose on 7 May as strong beef prices and demand for red meat that catapulted margins for beef processors....
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....
China’s meat imports up 6.9% in April 2021
China imported 922,000 tonnes of meat in April 2021, up 6.9% from the same month in 2020 according to Chinese customs data....
Weekly beef and dairy digest: US takes a firmer stance on China
In this week's beef and dairy digest, Jim Wyckoff walks us through the latest USDA data on the cattle industry. ...
World food price index climes to highest point since mid-2014
World food prices rose for an eleventh consecutive month in April 2021, hitting their highest level since May 2014....
06 May 2021
FHA Match: Dairy – Showcasing finest collections of dairy products and dairy alternatives
As a key component in cuisines around the world, the use of dairy as an ingredient or as the produce itself is both widespread and versatile....
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)....
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....
03 May 2021
CME update: live cattle futures gain ground while feeder cattle continue their decline
US live cattle futures rose on 30 April while feeder cattle futures continued to fall as climbing corn futures translated into higher feed costs....
30 April 2021
CME update: live cattle futures gain on uncertainty in grain complex
US live cattle futures rose on 29 April as mixed grain trade offered some relief for feed costs....
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....
Brazil’s meatpackers turn to wheat as a feed alternative as corn prices surge
Large Brazilian meatpackers are embracing wheat as they try to fend off a rise in the cost of corn, the main livestock feed ingredient....
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....
5 starter tips to help protect your farm data
Producers and small businesses across Australia’s red meat and livestock industry can protect their data from common cyber-attacks with a new, easy-to-read guide about cyber security, that’s available to download for free....
24 April 2021
Home cooking and alcohol drove global grocery sales in 2020, says Kantar report
The global grocery sector grew by a record 10% in 2020 according to industry data, as pandemic restrictions forced consumers to stay at home....
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....
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....
Brazil’s meat lobby says new tariff waiver allows cheaper corn imports from US and Ukraine
Brazil’s decision to temporarily waive tariffs on grain imports could pave the way for cheaper corn from the Ukraine and US that could undercut Mercosur-based grain growers, says ABPA leader....
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....
Argentina re-establishes a meat export registration system, sparking fears of limits on shipments
Argentina has set up a meat export registration system, stoking fears among cattle ranchers of possible export limits as the government tries to hold down domestic food prices in the face of double-digit inflation....
Validating red meat origins in response to product fraud
In response to rising product fraud and increased demand for traceability, MLA and Oritain recently completed a joint project developing the capability to validate the authenticity of Australian red meat and lamb product in foreign markets....
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....
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....
Irish beef: what's the outlook for 2021?
Irish cattle slaughter (incl. cows and calves) reached 1.9 million head in 2020, up 2% from the year before, according to data from the Central Statistics Office. This contributed to a 2% rise in Irish beef production for the year, with 633,400 tonnes...
 
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