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Cattle Industry News By Category: Processing

09 April 2020
USDA announces investigation into surging beef prices and flatlining cattle prices during pandemic
USDA Secretary Sonny Perdue will investigate why a sudden rise in beef prices due to coronavirus hoarding didn’t translate into higher cattle prices for farmers....
06 April 2020
Uruguay union halts production at Minerva and Marfrig plants
A labour union in Uruguay has stopped the slaughter of cattle in the Montevideo area until 8 April as part of negotiations over salaries and measures to protect workers from the ongoing pandemic....
Delving into “less and better” meat
When talking about sustainable meat, we often hear the phrase “less and better” as the guiding principle – but what does that mean in reality?...
03 April 2020
Brazilian meatpacker BRF on recruitment drive amid COVID-19 outbreak
BRF announces that it will hire an additional 2,000 workers in order to maintain production levels....
A closer look at how the coronavirus is affecting global food supplies
The COVID-19 pandemic has already disrupted the world’s food supplies and is causing labour shortages in the agriculture sector – how resilient is our food system?...
31 March 2020
JBS cuts production at US facility as precaution
JBS will reduce beef production for two weeks at a Pennsylvania plant after managers displayed flu-like symptoms. ...
CME update: cattle futures ease on concerns of slaughterhouse closures
US cattle futures weakened on 30 March as concerns mounted over slaughterhouses closures due to coronavirus....
US Senators question meat packers’ surging profits during COVID-19
US Senators are calling for investigations of beef processors’ record profit margins after market shake up....
27 March 2020
Despite steady trade flows, JBS anticipates a drop in exports as coronavirus worsens
Meat packing giant JBS has said that the current pandemic could lead to container shortages, port disruptions and other logistical challenges....
US cattle futures tumble as panic buying slows
CME traders report that the daily limit falls signal that consumers are no longer stockpiling meat....
26 March 2020
CME update: cattle futures end mostly lower, signalling an end to the surge
Benchmark June live cattle futures on the Chicago Mercantile Exchange closed lower on 25 March for the first time in five sessions....
JBS quarterly net income skyrockets by over 300 percent
Meat packing giant JBS SA reports quarterly net profit of 332 percent over the prior-year period, citing surging sales to China....
24 March 2020
As coronavirus bolsters meat demand, processors approve pay raise for North American farmers and workers
On 23 March, North American meat processors agreed to pay extra money to farmers and slaughterhouse workers as companies struggle to meet surging demand from consumers who are stockpiling meat....
23 March 2020
Increasing UK milk price gap indicates a broken market
The widening gap between the highest and lowest milk prices was highlighted as competing brands announce opposing price points....
20 March 2020
Fonterra reports interim results, prioritises NZ milk and focuses on farmer owners
NEW ZEALAND - Fonterra Co-operative Group Limited this week announced its 2020 Interim Results, which show the Co-operative’s financial performance has improved with increased underlying earnings and reduced debt....
FrieslandCampina joins forces to reduce emission from cows
NETHERLANDS - From cow feed to chocolate, the chain of companies in that process want to reduce greenhouse gases. Chocolate and cocoa products manufacturer Barry Callebaut and dairy company FrieslandCampina both strive to be carbon neutral and team up...
Harare residents warned against buying anthrax-contaminated beef
ZIMBABWE - Mahusekwa villagers in Marondera have warned Harare residents against buying beef from unregistered abattoirs and butcheries who are reportedly flocking the area to buy sick or sometimes dead cattle infected by anthrax....
Farming priority must be to keep industry operating, good moving, says IFA
IRELAND - IFA President Tim Cullinan said that farmers and everybody involved in the sector needs to fully observe all HSE protocols and do everything they can to minimise risk, so processors, co-op stores and marts can be kept operating....
Cattle futures rebound as grocery demand intensifies
US livestock futures rose on Thursday as part of a broad recovery in the agriculture markets stemming from oil gains and export hopes....
19 March 2020
Onus on meat factories to act responsibly
IRELAND - IFA National Livestock Chairman Brendan Golden said factories are paying a base price of €3.65/€3.70 for steers this week and €3.75 for heifers in places....
“Misled” shareholders of Brazil’s JBS seek over $270 million in damages
A group of shareholders in JBS SA began arbitration proceedings against the company, stating they were misled after the company’s IPE in Brazil back in 2007....
18 March 2020
Brazilian meatpacker Minerva SA suspends production at four facilities in response to coronavirus outbreak
Minerva SA will place workers on paid leave at four processing plants in Brazil....
17 March 2020
US under pressure to keep slaughterhouses open amid pandemic
The USDA hopes to reassure meat producers that it will keep slaughterhouses staffed with federal inspectors as fears of potential shutdowns due to the novel coronavirus mount....
16 March 2020
COVID-19 affecting cattle futures
US - The spread of Coronavirus into a global pandemic has so far impacted both lean hog and cattle futures, reports Steiner Consulting Group, DLR Division, Inc....
Botswana to liberalise beef exports, says minister
BOTSWANA - Botswana will open up its beef industry to allow farmers to export their meat directly, the minister of agricultural development and food security told parliament late on Thursday....
Belarus, Russia to develop new equipment for dairy industry
BELARUS - Belarus and Russia intend to develop automated and robotized technological processes and equipment to manufacture dairy products, BelTA learned from the press service of the Belarusian Agriculture and Food Ministry following a joint meeting...
UK-US beef protocol positive result for NI beef farmers, says UFU
UK - The Ulster Farmers’ Union (UFU) beef and lamb chairman Sam Chesney said the announcement of the UK-United States beef protocol is a positive result for Northern Ireland (NI) beef farmers and the timing of this could not be more fitting....
13 March 2020
Belarus ready to supply meat, dairy products to Mozambique
BELARUS - Belarusian companies are ready to supply meat and dairy products, as well as other farm produce to Mozambique....
 
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