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Tuesday, May 21, 2013
CME: Futures Rally into Close to Finish Higher, Monday
US - Live cattle futures opened slightly lower but rallied into the close to finish 25 to 72 1/2 cents higher in all but the far-deferred contracts, which ended weaker. ...
Weekly Roberts Market Report
US - The general consensus in the pits is that corn acres will decline from original planting intentions, writes Michael T. Roberts....
Dairy Australia Fortnightly Update
AUSTRALIA - Milk production is expected to reach 9.35bn litres in 2012/13—down 1.4 per cent on 2011/12 output of 9.48bn litres, according Dairy Australia in their recent outlook report. ...
Powder Prices Ease As Butter Drops 12 per cent
GLOBAL - A modest 2.1 per cent decrease in the Trade-Weighted Index (TWI) emerged from GlobalDairyTrade (GDT) event 92 this week, as prices of most commodities continued their widely expected correction, write market analysts Dairy Australia. ...
Concentrate Purchases Up 25 Per Cent in Quarter 1 of 2013
UK - The combination of the fodder shortage and difficult production conditions experienced by beef and sheep producers in NI this spring resulted in a marked increase in the quantity of concentrates being purchased, write market experts at the Livestock...
LMC: Non Assured Penalties At £150
UK - Finished steers went for 225p/kg last week, up 5p/kg on the week before with quotes bunching around 300-310p/kg and penalties of £150 per head for non quality assured cattle, according to market analysts at the Livestock and Meat Commission Northern...
Higher Production Costs Reduced 2012 Farm Incomes
IRELAND - A preliminary estimate of the Teagasc National Farm Survey results show that family farm income decreased by 15 per cent in 2012, bringing the average income figure for the farming sector to €25,483....
Monday, May 20, 2013
CME: Futures End Week Lower, Friday
US - Live cattle futures ended the week under pressure and posted sharp losses for the week. ...
Weekly Cattle Summary
US - Friday's Cattle on Feed report says the number of cattle in large feedlots at the start of May was down 3.4 per cent from a year ago, write Ron Plain and Scott Brown....
Philippines Exports Corn Feed Silage to South Korea
PHILIPPINES - The Department of Agriculture in partnership with corn industry groups recently sent an initial shipment of 24 metric tons (MT) of corn feed silage for cattle to Busan, South Korea. ...
Poll Shows Strong Support for Country of Origin Labelling
US -Survey results, released by the Consumer Federation of America, show that a large majority of Americans continue to strongly support mandatory country of origin labelling for fresh meat ...
Study Examines Bacteria, Resistance in Retail Meats
US - Raw poultry and beef are potential reservoirs of antibiotic-resistant Enterobacteriaceae, according to a new study from Tennessee State University....
Friday, May 17, 2013
CME: Futures Close Slightly Lower, Thursday
US - Live cattle futures favoured a weaker tone in choppy trade and posted a mid- to low-range close to finish 5 to 25 cents lower....
MLA: Weekly Cattle Summary
AUSTRALIA - This report is a collection of weekly cattle price summaries from each Australian territory by Meat & Livestock Australia (MLA)....
Meat Processors Announce Hong Kong Trade Mission Success
UK/HONG KONG - British meat firms are hailing a recent trade mission to Hong Kong as a great success....
Philippines Agriculture, Fisheries Grows 3.3 Per Cent in Q1 2013
PHILIPPINE - The Philippine agriculture industry grew by 3.3 per cent in the first three months of 2013, as all four subsectors — crops, fishery, poultry and livestock — posted respective increases, grossing a total of P352.5 billion at current prices....
Thursday, May 16, 2013
CME: Cattle Move Lower as Boxed Beef Hits $208 High
US - Live cattle futures probed higher in early trading on rising dressed beef prices but then lost ground in sympathy with the general selloff in commodities and rise in the US dollar. ...
Australian Cattle Slaughter Hits Record High
AUSTRALIA - Cattle slaughter in Australia for the first quarter of 2013 reached 1.87 million head, up seven per cent year-on-year and the highest first quarter total since 2009, according to Australian Bureau of Statistics data released late last week. ...
NFU, JA Zenchu Statement on Lima Round of TPP Negotiations
US - In advance of the Lima round of negotiations on the Trans-Pacific Partnership (TPP), Roger Johnson, National Farmers Union (NFU) president, and Akira Banzai, president of Japan’s Zenchu, the Central Union of Agricultural Cooperatives (JA Zenchu),...
Pasture Conditions and Breeding Dynamics Highlight Challenges
US - Cattle producers are under pressure as pasture conditions still remain in poor condition, writes Gynn Tonsor, Associate Professor, Kansas State University. ...
NFU Outlines Farm Bill Priorities for House Committee on Agriculture
US - National Farmers Union (NFU) President Roger Johnson sent a letter to members of the US House of Representatives Committee on Agriculture, outlining priorities, such as funding programmes, research and farmer protection, ahead of the scheduled 2013...
China's Farm Produce Prices Drop
CHINA - Prices of farm produce in 36 major Chinese cities declined for the third consecutive week, official data showed on Monday (13 May)....
Wednesday, May 15, 2013
CME: Longer Term Futures Close Down as June Lifts 20 Cents
US - June live cattle futures ended 20 cents higher, while deferred contracts were steady to 47 1/2 cents lower. ...
Beef Boom in Mordavia Sees Cattle Increase Ten Fold
RUSSIA – Growing beef demand trends has led to a ten fold increase in beef-specific cattle since 2009, following recent investments into cattle breeding and infrastructure in Mordovia....
Allendale Releases Cattle on Feed, Cold Storage Estimates
ANALYSIS - Analysts at Allendale, Inc. have released their Cattle on Feed estimates ahead of the May 17th USDA report. ...
Producer Groups Oppose Supply Management After Quota Removal
EUROPE – European Parliament negotiators have been urged to reconsider proposals that could see milk supply management continuing post 2015....
Farmers Urge House Negotiators to Leave Supply Management Alone
US - Wisconsin’s Dairy Business Association (DBA) has written to House and Senate Agriculture Committee leaders, urging them to support margin insurance for dairy farmers without tying it to a supply management programme....
Farm Assured Label Will Fetch Higher Prices
UK - Farm assured beef cattle fetched on average over 9p per kilo more at market than non-assured stock last year, according to latest figures....
 
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