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Cattle Industry News By Category: Markets

22 September 2017
Arla Foods Amba Increases October Milk Price
UK - Arla’s price for conventional milk for UK farmer owners will increase by 1.50 pence per litre from 1 October, taking Arla’s manufacturing litre to 32.30 pence....
Landmark EU, Canada Trade Deal Enters Into Force
EU & CANADA - The European Union and Canada began cutting import duties from Thursday on thousands of products and services in a reminder to the United Kingdom of the work it will take to replace the trade alliances it will give up when it leaves the...
21 September 2017
CME: Average On-feed Estimate 2.7% Above a Year Ago
US - USDA’s National Agricultural Statistics Service (NASS) releases their monthly "Cattle on Feed" report this Friday, reports Steiner Consulting Group, DLR Division, Inc....
Lactalis to Expand Local Dairy Production in Brazil by 30%
FRANCE - French dairy company Lactalis intends to increase its productivity at its milk plants in Brazil by 30 per cent within the next year....
Mitsui Enters Indonesian Dairy Market to Milk Growing Demand
JAPAN - Mitsui & Co. is getting into the dairy business in Indonesia, where demand for such products is rising along with incomes, through local food producer ABC Group. ...
Conflicts Drag Down Food Security Amid Growing Global Food Output
GLOBAL - Robust harvests in Latin America and rebounding agricultural conditions in Southern Africa are on course to improve the global food supply situation, but ongoing civil conflicts and climate-related shocks are affecting progress towards hunger...
20 September 2017
CME: Estimated Cattle Feeding Profitability Highest Ever During First Seven Months
US - In the first seven months of 2017 (January through July), on a cash basis (without hedging), estimated cattle feeding profitability per steer was the highest ever, reports Steiner Consulting Group, DLR Division, Inc....
DCANZ, DairyNZ & MPI Endorse Dairy Declaration of Rotterdam
NEW ZEALAND - DairyNZ, the Dairy Companies Association of New Zealand (DCANZ) and the Ministry for Primary Industries (MPI) yesterday endorsed the Dairy Declaration of Rotterdam, marking New Zealand’s commitment towards global sustainable dairy development....
New Dairy Farms to be Among Biggest in Central Europe
SLOVAKIA - An agricultural cooperative in Bzovík (Banská Bystrica Region) will invest €6 million in constructing one of the biggest dairy farms in central Europe....
Dairy Processors Stretched by Milk Production Gains
US - Every year, US dairy farmers produce 3 billion more pounds of milk than the year before. ...
Farmers Advised to Adjust to Higher Canadian Dollar
CANADA - The Chief Agricultural Economist with FCC is advising farmers to be prepared for the impact of increasing interest rates on the value of the Canadian dollar, writes Bruce Cochrane....
19 September 2017
CME: Significant Increase in Pace of Cow/Bull Slaughter
US - While hog producers have shown few signs of liquidation, the pace of cow/bull slaughter has increased significantly in the last three months, reports Steiner Consulting Group, DLR Division, Inc....
IFA Says Positive Change in Sterling Must be Reflected in Higher Cattle Price
IRELAND - IFA National Livestock Chairman Angus Woods said the positive change in sterling from 92p back to 88p must be reflected in stronger cattle prices back to farmers....
New UN Report Says World Hunger on the Rise Again
GLOBAL - After steadily declining for over a decade, global hunger is on the rise again, affecting 815 million people in 2016, or 11 per cent of the global population, says a new edition of the annual United Nations report on world food security and nutrition...
Dairy Industry Urged to Make Most of Brexit Opportunities
UK - There are huge opportunities for UK dairy after leaving the EU but the industry must shape up in order to exploit them effectively....
Largest Ever Micro-insurance Payout Made to Ethiopian Pastoralists
ETHIOPIA - More than 2,250 pastoralists received insurance payouts following the extremely poor rains this year in southern Ethiopia....
Westland Milk Shareholders to Vote on Shrinking Board
NEW ZEALAND - Westland Milk Products shareholders are to vote on shrinking the board and improving selection processes after criticism that followed the cooperative's $14.5 million loss last year....
USDA Announces TRQ Reallocations for US Dairy Importers
US - The US Department of Agriculture published last week a list of licenses that were unused by US dairy importers under the 2017 tariff-rate quota (TRQ) system. ...
18 September 2017
IFA Meets Agri Minister on Beef, Brexit and Budget
IRELAND - An IFA livestock delegation led by the President Joe Healy met last week with Agriculture Minister Michael Creed in Dublin to highlight the severe income and price pressure on cattle farmers....
Arla Bolsters Online Strategy with New Head of E-commerce & Digital
UK - Arla Foods UK, the country’s leading dairy cooperative, has appointed Steve Millard as its new Head of E-commerce & Digital....
Dairy Farms Using Same Amount of Water as 60M People, Experts Say
NEW ZEALAND - Using Dairy NZ numbers, economist Peter Fraser and agricultural consultant Dr Alison Dewes calculate the water consumption of New Zealand dairy farms is equivalent to the residential use of 60 million people....
Canadian Ag Minister Takes NAFTA Message to New Orleans
CANADA & US - Canada's Minister of Agriculture took his message of the value of the North American Free Trade Agreement to New Orleans last week, writes Bruce Cochrane....
15 September 2017
Review of Fonterra’s 2016/17 Base Milk Price Calculation
NEW ZEALAND - The Commerce Commission has today released its final report on Fonterra’s base milk price calculation for the 2016/17 dairy season....
Turkey to Export More Fruit, Dairy Products to China
TURKEY - Foreign Affairs Minister Mevlüt Çavuşoğlu announced that obstacles for exporting certain fruits and dairy products to China are to be eliminated....
Saskatchewan Crop Yields Looking Better as Harvest Advances
CANADA - Saskatchewan Agriculture reports crop yields are looking better than had been feared as the harvest moves forward, Bruce Cochrane writes....
14 September 2017
DFA, Third Sun Solar Unveil New Partnership
US - Dairy Farmers of America (DFA), a national farmer-owned dairy cooperative, and Third Sun Solar, an Ohio-based full-service clean energy company serving homeowners, businesses, institutions and government entities across the Midwest, have teamed up...
Glanbia H1 1C/L Bonus Proves 2017 Market Returns Justify Higher Milk Prices
IRELAND - IFA National Dairy Committee Chairman Sean O’Leary has welcomed the announcement by Glanbia that, in addition to a 1c/l increase on August milk, they will pay a 1c/l bonus on all milk supplies produced in the January to June period....
Canada's Ag Well-positioned to Respond to Rising Interest Rates
CANADA - The Chief Agricultural Economist with FCC suggests Canadian agriculture is well positioned to withstand increasing interest rates, according to Bruce Cochrane....
 
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