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Cattle Industry News By Category: Economics

15 January 2020
NFU Says Livestock Competition Rule Unlikely to Provide Needed Protections to Farmers
US - More than two years after failing to finalise a set of rules to protect American family farmers and ranchers from anticompetitive and abusive business practices from the increasingly consolidated meatpacking and processing industries, the US Department...
Dairy Farmers Back Imports Directive
KENYA - Stakeholders in the dairy sector now want authorities to move with speed and implement President Uhuru Kenyatta’s directives on milk imports that have disadvantaged producers....
Govt Sells Burera Dairy Ltd to Zimbabwean Investor
RWANDA - The government has found a buyer for Burera Dairy Limited which was floated into the market in September last year....
First Milk Announces February Milk Price
UK - First Milk last week announced that its member milk price will be reduced by 0.5ppl from 1 February 2020 on a liquid standard litre basis....
14 January 2020
Future Trade Policy Key for Dairy Sector, Says NFU
UK - Securing free and frictionless trade with the EU and safeguarding British food standards will be crucial for the UK dairy sector to grow, prosper and deliver quality products the public expects, NFU Vice President Stuart Roberts said yesterday....
IFA: Lakeland Shows Way, But Increases Needed by All Co-ops for Sustainable 2020 Milk Prices
IRELAND - IFA National Dairy Chairman Tom Phelan yesterday said Lakeland Dairies Co-op, by increasing their December price by 1c/l, had shown the way for other co-ops to follow....
Global Diets Converging, with Benefits and Problems
GLOBAL - Research carried out by the University of Kent has shown that diets are changing in complex ways worldwide. ...
Namyang Dairy May Share Some Profits with Distributors
SOUTH KOREA - Namyang Dairy will share profits with its distributors in an effort to avoid being penalized by the antitrust agency....
13 January 2020
FDA Seizes Dairy Products
INDIA - The Food and Drug Administration (FDA) recently carried out a special inspection drive and seized dairy products worth Rs 69 lakh for violating norms....
08 January 2020
CME: Strong Gains in Steer, Heifer Dressed Weights Expected to Continue Through 2020
US - Steer and heifer dressed weights broke through year ago weights in September and have had strong gains over 2018 ever since, reports Steiner Consulting Group, DLR Division, Inc....
Positive Start to 2020 for Dairy Commodity Prices
NEW ZEALAND - It has been a positive start to 2020 for New Zealand dairy farmers, with commodity prices rising at the first global dairy auction for the year....
Cattle Prices Must Rise, Says IFA
IRELAND - IFA National Livestock Chairman Angus Woods said cattle prices need to rise substantially in 2020....
NFU Urges Govt to be Global Leader of Climate-friendly Food
UK - NFU President Minette Batters will today urge the Government to commit to introducing a food standards commission that scrutinises future trade deals and safeguards British farming’s place as a global leader in climate-friendly food....
07 January 2020
Supply Shortages Loom as Aussie Dairy Industry Ravaged by Bushfires
AUSTRALIA - Authorities have warned that supplies of Australian dairy products could be significantly affected by the ongoing bushfire disaster, which has already wiped out vast numbers of livestock, Xinhua news agency reported....
IFA Calls for Urgent Clarification of Calf Investment Scheme
IRELAND - IFA National Dairy Committee Chairman Tom Phelan has called for the urgent publication of the detailed provisions of the Calf Investment Scheme, which is to open for applications today (7 January). It was announced before Christmas by the Minister...
06 January 2020
Salalah FZ Signs New Projects, Opens Dairy Products Factory
OMAN - Salalah Free Zone (SFR) has opened the Oman Dairy Products factory, a $70 million investment the first phase of which went operational by the third quarter of 2019, and signed a number of agreements for new projects on the free zone, a media report...
Dairy Giant Seeks Scale, Eyes Expanding Domestic Market
CHINA - The year past was special for China Mengniu Dairy Company Limited. For the first time, Mengniu made it among Brand Finance's list of top 500 most valuable brands in the world. ...
27 December 2019
Dairy Processors Milking Farmers Dry
KENYA - Ten years ago, for every litre that a farmer sold to milk processors, they were paid Sh28....
26 December 2019
Arla Foods Amba Confirms Milk Price Stability for One Year with Hold for January 2020
UK - Arla Foods amba’s on account price for conventional, as well as organic milk in the UK, for January 2020 will remain unchanged. However, this month it will be negatively impacted by a slight quarterly currency smoothing adjustment of 0.15 pence...
25 December 2019
Iraq, Afghanistan, Russia Major Export Destinations of Iran’s Dairy Products
IRAN - Iraq, Afghanistan and Russia are the major export destinations of Iranian dairy products, the secretary of Iran’s Dairy Industries Association said in a press conference on Monday....
24 December 2019
CME: Cattle Inventories in Feedlots Up from a Year Ago
US - Cattle inventories in feedlots with a capacity of 1,000 head or more on 1 December were up 2.5 percent from a year earlier, according to Steiner Consulting Group, DLR Division, Inc....
NFU Meets with MPs, Urges Them to Support British Farming's High Standards
UK - NFU President Minette Batters has urged MPs to recognise the importance of Britain’s high farming standards and ensure they are not sacrificed by the UK’s future trade policy, as the NFU held one of its first receptions for politicians after...
23 December 2019
€1.5m Calf Rearing Package First Step in Supporting Best Calf Care
IRELAND - IFA National Dairy Chairman Tom Phelan has welcomed the announcement by Minister for Agriculture Michael Creed of a €1.5m grant aid support package for calf feeding systems....
19 December 2019
CME: Cattle Placement Weights Heavier This Fall
US - "Cattle on Feed" pre-report estimates were released on Tuesday for the upcoming report that will be issued by USDA-NASS on 20 December, reports Steiner Consulting Group, DLR Division, Inc....
Strong Start to Dairy Export Season
NEW ZEALAND - Dairy led the rise in goods exports in November 2019 as milk powder exports reached $1.1 billion, Stats NZ said today....
Fonterra Announces Plans to Streamline Dairy Operations in Chile
CHILE - Fonterra has purchased the minority interest in Prolesur, held by Fundación Isabel Aninat (the Fundación), as the Co-op looks to streamline its operations in Chile. ...
Ag Bill a Necessity, Must Provide Launch Pad to Future Policy Development
SCOTLAND, UK - In evidence to the Rural Economy and Connectivity (REC) Committee in Scottish Parliament yesterday (18 December), NFUS said a bill that allows continuity of CAP payments is a necessity but must provide a launch pad to driving forward future...
18 December 2019
Arla Foods: 'Use Your Senses to Cut the Holiday Season Food Waste'
EU - It’s the time of year to indulge the senses. This year use them to make sure you use up all the extra food you buy during the holiday season and stop food waste being the unwanted gift....
 
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