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Cattle Industry News By Category: Economics

12 April 2021
New Zealand’s Synlait Milk CEO to step down amid economic uncertainty
Synlait Milk Ltd says that its chief executive, Leon Clement, will step down at the end of April and that the company’s co-founder would take an interim leadership role....
CME update: live cattle futures ease after a week of surging cash cattle and beef prices
US live cattle futures fell on 9 April as basis between cash cattle and futures narrowed....
The UK's meat and dairy industry should maintain in-home offerings post pandemic
With over a quarter of the population saying they plan to eat out less when lockdown eases, AHDB has produced a new report exploring future opportunities for meat and dairy in-home....
OPINION - The government can avoid talking about Brexit but the numbers don’t lie
An article written by Peter Hardwick from the British Meat Processors Association (BMPA) explains that the declining level of red meat exports between the UK and EU illustrates the new-found trade friction between the blocs. ...
09 April 2021
CME update: live cattle futures falter after climbing in the first half of the week
US live cattle futures stepped back on 8 April after making gains earlier this week, despite continued strength in beef cut-outs and the cash market....
World food price index rises for tenth straight month in March
Word food prices rose for a tenth consecutive month in March according to FAO data, hitting their highest level since June 2014....
Weekly beef and dairy digest: Australia's dairy industry contends with flood aftermath
US beef sales slip and the dairy industry prepares for peak levels of milk. ...
Australia's NFF praises decision to develop livestock in New South Wales
National Farmers' Federation Chief Executive Tony Mahar welcomed the move, saying that it is regionalization in action. ...
08 April 2021
New Zealand's Fonterra completes sale of two China farms
Fonterra has completed the sale of its two wholly owned China farming hubs in Ying and Yutian....
CME update: live cattle futures gain ground as demand remains steady
US live cattle futures rose on 7 April, with boxed beef leading the market higher....
Strong commodity prices and improved financial conditions in the US boost Ag Economy Barometer
The US Ag Economy Barometer rose dramatically in March 2021, reversing four months of declines as farmers across the country became more optimistic about the future....
07 April 2021
CME update: live cattle futures climb on sustained beef demand
US live cattle futures rose on 6 April, supported by strong consumer beef demand and a firming cash beef market....
06 April 2021
CME update: live cattle futures set new contract highs as demand surges
Strong meat demand pushed US live cattle futures to new contract highs on 5 April....
USTR vows to keep battling “significant” foreign trade barriers
The US government has vowed to continue battling what it sees as significant trade barriers that are harming American companies and farmers, and singled out China as the "world's leading offender" in creating overcapacities in several sectors....
02 April 2021
CME update: live cattle futures retreat from previous highs
CME live cattle futures closed lower on 1 April as traders booked profits ahead of the long Easter weekend....
High prices lift Argentina's March grains exports revenue to 18-year high
Argentina brought in $2.77 billion from agricultural exports in March, the CIARA-CEC chamber of export companies said on Thursday, as high grains prices pushed revenue from international shipments to an 18-year high....
Russia decreases dairy imports by 10% in January 2021
In January 2021, Russian imports of dairy products appeared to be 10% lower compared to their level in 2020 for the same period and practically corresponded to the volume of imports in 2019....
USDA and National Farmers Union welcome the American Jobs Plan
The National Farmers Union says it is "encouraged" by the newly-announced American Jobs Plan, saying that it provides much-needed investment in rural infrastructure. ...
01 April 2021
Australia's NFF voices concerns over EU's geographical indicator regime amid trade deal push
Australia's National Farmers Federation says that the European Union's geographical indicator regime is a Trojan horse for Australian farmers and processors. ...
Loved-up Brits choose meat and dairy this Valentine's
UK meat and dairy felt the love in lockdown, helping boost food and drink retail sales to record levels this Valentine's Day – up £85 million on last year....
Editorial - why US farmers are worried about Bill Gates (and other non-farming land owners)
In a blogpost from the US National Farmers Union, Hannah Packman explains why farming communities are growing wary of farmland moving into non-farming ownership....
CME update: US feeder cattle futures face pressure from grains complex
US feeder cattle futures dropped on 31 March, reacting to limit-up gains in corn and soybean futures that will translate to higher livestock feed costs as grain users compete for tight supplies....
31 March 2021
CME update: rally in live cattle futures pauses
US cattle futures closed lower on 30 March as traders paused to see if the cash cattle market would keep pace....
DSM’s reducing emissions from livestock sustainability platform resonates with industry change
Animal farming accounts for a significant amount of all greenhouse gas (GHG) emissions. This has placed tremendous stress on the planet’s natural resources when there is an urgent need to greatly reduce GHG emissions by 2050 to avert global warming....
30 March 2021
CME update: firm beef prices lead cattle futures higher
Benchmark live cattle futures on the CME climbed to a contract high on 29 March, led by firming wholesale beef prices as the summer grilling season approaches....
Canada improves the AgriStability program to better support farmers
During a recent virtual meeting of Canada’s federal, provincial, and territorial (FPT) Ministers of Agriculture, Ministers agreed to remove the reference margin limit for AgriStability, one of the business risk management (BRM) programs under the Canadian...
29 March 2021
France's lockdown vice? Cheese
French households feasted on cheese last year as they turned to home cooking and sought gastronomic comfort during coronavirus lockdowns that shuttered the restaurant trade....
UK meat and seafood exports to EU recovered in February, says government official
Britain's meat and seafood exports to the European Union recovered in February from the January slump that followed the country's exit from the EU's single market and customs union, a government official said, citing preliminary data....
 
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