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Cattle Industry News By Category: Markets

10 July 2020
UK creates Trade and Agriculture Commission amid trade negotiations
The UK's new Trade and Agriculture Commission represents farmers, retailers and consumers and will advise the government on trade, animal welfare and environmental standards. ...
RAMP UP Act promises to strengthen regional meat processors across the US
New bipartisan legislation aims to expand the capacity of small and medium-sized meat processors and strengthen the US meat supply chain. ...
EU's agriculture sector fares well despite pandemic
Despite the emerging COVID-19 crisis during the opening months of 2020, the European Union's agri-food trade remained strong and stable. ...
09 July 2020
CME update: futures and boxed beef prices weaken
US live and feeder cattle futures weakened on 8 July alongside prices for boxed beef....
NFU warns of long road to recovery after statement from UK Chancellor
“It remains clear that the entire nation and economy will be facing a long recovery to bounce back from the coronavirus pandemic."...
08 July 2020
CME update: abundant livestock supplies push cattle futures lower
US cattle futures ended mostly lower on 7 July following pressure from abundant supplies....
07 July 2020
US trade groups urge China to increase purchases of US goods
The US Chamber of Commerce and other trade associations urged top American and Chinese officials to renew their efforts to implement the Phase 1 trade agreement between China and the US....
CME update: cattle futures surge to two-month high
US live cattle futures reached a two-month high on 6 July on follow-through buying from last week....
06 July 2020
Meat processors are driving farmers out of business - IFA
Irish Farmers Association President Tim Cullinan says factories have to stop driving farmers out of business and increase beef prices to fair levels. ...
05 July 2020
Latest AHDB outlooks outlines farming’s potential future
The impact of the COVID-19 crisis, unusually dry weather and uncertainty surrounding the UK’s future trading relationships are all explored in the latest Agri-Market Outlook....
03 July 2020
China puts additional tariffs on Australian beef
China has increased tariffs on Australian beef imports and hints at increased tariffs on whole milk powder later in 2020....
CAP framework will stay until 2022 - European Council
The European Council will extend current Common Agriculture Policy rules until the end of 2022. ...
02 July 2020
June world food price index sees its first increase in 2020
The UN Food Agency reports that world food prices rose in June, marking their first increase of 2020 and rebounding after steep falls triggered by the coronavirus crisis....
CME update: live cattle futures rise as new quarter opens
US live cattle futures closed higher on 1 July on technical and speculative buying at the start of a new month and new quarter....
Diary supply chains must adapt to changing consumer behaviour - CoBank
New analysis from CoBank shows that COVID-19 has caused shifts and uncertainty in purchasing patterns and consumption habits for the dairy industry. ...
USMCA hailed as a huge win for US agriculture
The United States-Mexico-Canada Agreement (USMCA) went into effect on 1 July, replacing NAFTA. ...
EU Farmer Confidence Barometer explores the phenomenon of "agri-bashing"
Over 30 percent of French and German farmers are reported as feeling demotivated because of “agri-bashing”. ...
01 July 2020
Researchers measure EU farmer confidence in the early stages of COVID-19
The EU Farmers Confidence Barometer survey was carried out over the first semester of 2020 across ten EU Member States and showed a slight lift in farmers’ moods compared to that of autumn 2019. ...
USMCA launches amid increasing threat of disputes
The revamped trade agreement between Mexico, Canada and the United States takes effect on 1 July....
UK vows to uphold its food standards in US trade talks
On 30 June, the UK government said it would not compromise on environmental protection, animal welfare and food safety standards in talks with the United States as the parties negotiate a post-Brexit trade deal....
CME update: cattle futures sink as corn prices skyrocket
US cattle futures drifted lower on 30 June, facing pressure from a surge in Chicago Board of Trade (CBOT) corn futures that will likely squeeze profit margins for livestock producers....
30 June 2020
CME update: cattle futures make modest gains after last week’s slides
US live cattle futures closed slightly higher on 29 June, bouncing back from early declines and firming on technical buying before the end of the month and quarter....
29 June 2020
NFU welcomes formation of Trade and Agriculture Commission
UK NFU hails the government's concrete action towards safeguarding the UK's food standards as trade talks ramp up. ...
US food exporters sign safety declarations instead of virus-free guarantees
US food and feed exporters are shipping goods to China with letters assuring the safety of their cargo instead of the official virus-free declarations required by Chinese authorities....
Trade group reports that US food suppliers are foregoing China contracts over COVID-19 hurdles
An industry group representing US agriculture producers says that Chinese demands that overseas suppliers guarantee that their shipments are free from COVID-19 contamination are making some shippers forego trading with China....
CME update: cattle futures dip, reacting to pressure from the hog market and restaurant closures
CME live cattle futures dropped on 26 June as traders faced questions about beef demand as COVID-19-related restaurant closures appear more likely....
25 June 2020
US agents seize nearly 10 tonnes of illegal meat at California port
US Customs officials have intercepted prohibited pork, chicken, beef and duck product arriving from China at the ports of Los Angeles and Long Beach. ...
Dairy farmers urged to speak up for fair contract terms as government consults on contracts
The NFU is urging dairy farmers to engage with the long-awaited government consultation on dairy contracts and speak up for a more effective dairy supply chain, with fairer terms for farmers....
 
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