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Cattle Industry News By Category: Economics

20 May 2019
Current Milk Season Looks Good, but Not Record Breaking
NEW ZEALAND - With just over a fortnight to go, the country's current milk season looks to have been a good - but not stellar - year for processors as dry weather at the tail end crimped production....
MPs Urged to Protect Future of British Dairy
UK - Dr Judith Bryans, Chief Executive of Dairy UK, has urged MPs to urgently come together and agree to the shape of the UK's future relationship with the EU so that the dairy industry can adequately plan for the future....
Eastern Province Livestock Farmers Implored on Quality, Quantity of Milk
RWANDA - The Minister for Agriculture and Animal Resources, Dr Gerardine Mukeshimana, has told farmers in Eastern Province that dairy production in the country is still wanting both in quantity and quality....
17 May 2019
Uphill Task for Livestock Farmers
NAMIBIA - Farmers will have to pay more to sustain their livestock until the next rainy season, the Namibia Agricultural Union said....
Saudi Dairy Giant Plans $1.9bn Investments in Growth, Innovation
SAUDI ARABIA - Saudi-based Almarai, the Middle East's biggest dairy producer, has approved a new five-year business plan with plans to invest SR7.1 billion ($1.89 billion)....
Reducing Disaster Risks in Agriculture a Win-win for Small-scale Farmers
GLOBAL - Poor farmers can obtain significant economic gains and other benefits by implementing modified farming practices aimed at boosting their ability to cope with disasters and natural shocks, according to a new FAO study released this week....
16 May 2019
CME: Feeder Cattle Prices Take a Tumble
US - Feeder cattle prices have tumbled in the last four weeks, reports Steiner Consulting Group, DLR Division, Inc....
French Dairy Giant Lactalis Looking to Acquire in North India
INDIA - France's Lactalis plans acquisitions in northern India after bagging the dairy products business of Prabhat Dairy for Rs 1,700 crore and two other companies....
Trade Assistance Must Help All Affected Farmers, NFU Says
US - Following the recent escalation of trade tensions between China and the United States that will likely exacerbate the erosion of agricultural export markets and further depress commodity prices, the US Department of Agriculture (USDA) is expected...
15 May 2019
CME: Weather Plays Major Role in Dressed Cattle Weights
US - Cattle dressed weights rose above a year ago for the week ending 20 April after 22 weeks straight of weights coming in below 2018’s, according to Steiner Consulting Group, DLR Division, Inc....
World’s First Complete Parent-wise Genome Assembly of Buffalo
INDIA - Dairy organisation, National Dairy Development Board (NDDB) announced developing a new genome assembly named "NDDB_ABRO_Murrah" of riverine buffaloes....
IFA Says Co-ops Must be More Positive on Milk Prices
IRELAND - Commenting on Lakeland's and Glanbia's decision to hold their milk prices for the milk produced by farmers in April, IFA National Dairy Chairman Tom Phelan said it was important that, for the next few months, co-ops would adopt a more positive...
14 May 2019
Rising Meat Appetite Pushes Livestock Turnover to Sh146bn
KENYA - Kenyans’ growing appetite for meat and dairy products saw the livestock sector turnover hit Sh146 billion in 2018 from Sh135.6 billion, supported by private and county government value chains....
Ninh Thuận Livestock Farmers Struggle to Feed Animals Due to Drought
VIETNAM - Farmers in Ninh Thuận Province, which has the largest number of cattle and sheep and goats in the country, are struggling to find natural food for their animals since prolonged hot weather has parched their pastures....
WA’s Biggest Dairy Farm Set to End Milk Production
AUSTRALIA - Milk production is likely to cease on WA’s biggest dairy farm and the land put to other uses, according to owner Ross Woodhouse....
13 May 2019
Farmers Need Lifeboat to Survive Low Prices, Oversupply Caused by Trade War
US - On the heels of unsuccessful trade negotiations with China, the White House was expected to increase tariffs from 10 percent to 25 percent on $200 billion worth of Chinese goods early Friday morning. ...
10 May 2019
Ukraine Allowed to Ship Milk, Dairy Products to Bosnia & Herzegovina
UKRAINE - Ukraine's State Food Safety and Consumer Protection Service and the relevant authority of Bosnia and Herzegovina have agreed on issuing a veterinary certificate for shipments of milk and dairy products from Ukraine....
Vietnam can Reduce Emissions, Save Billions in Ag, Forestry and Land Use
VIETNAM - As nations look toward 2020, when they will take stock of their actions to reduce greenhouse gas emissions under the 2015 Paris Agreement, many are seeking ways to increase their nationally determined contributions, or NDCs, to global emissions...
09 May 2019
World Food Prices Rise in April
GLOBAL - Global food prices rose in April to their highest level in almost a year, led up by meat and dairy prices....
Thanh Hoa to Have $162.6m Dairy Cow Farm
VIETNAM - TH Group on Wednesday started construction of its high-tech concentrated dairy cow farm cluster project in the central province of Thanh Hoa....
08 May 2019
IFA Says Glanbia Must be Leading Payer, Not Just Leading Player
IRELAND - IFA National Dairy Committee Chairman Tom Phelan said a huge level of anger was building up among Glanbia suppliers over milk price. ...
07 May 2019
Rokiskio Suris to Invest €10m in 2019 to Step Up Exports
LITHUANIA - Rokiskio Suris, a leading Lithuanian dairy group, plans to invest €10.1 million in expansion this year. ...
Mugabe Dairy Firm Sings Blues
ZIMBABWE - Alpha Omega Dairy, a company owned by former President Robert Mugabe, is singing the blues with operations at below capacity and low uptake of its products in the market....
Cattle Soon to be Removed from Essential-goods List
MYANMAR - The government will soon remove cattle from the country’s list of essential goods, paving the way for the liberalisation of the trading and export of livestock, especially to China, where demand is strong....
06 May 2019
Belarus to Set Up Dairy Facility in Zimbabwe
ZIMBABWE - Belarus has set its sights on establishing a state-of-the-art dairy facility in Zimbabwe as part of its efforts to improve milk production in the country....
Activities in Mexico’s Largest Cities Promote Quality of US Red Meat
MEXICO - Sharing the quality, value and availability of US beef, pork and lamb with retail and foodservice professionals, USMEF recently participated in three activities in major cities across Mexico....
03 May 2019
Live Export Industry Braces for Cost of Fewer Cattle on Ships
AUSTRALIA - As of 1 June, the number of cattle allowed onboard live export ships will be reduced, in a decision industry says makes no sense and will hurt the hip-pocket of exporters and producers....
Food Safety Issues Carry Increasingly High Risks for Suppliers
GLOBAL - The financial risks and costs associated with food safety are increasing and food suppliers will face continued increases in food safety costs over the coming years....
 
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