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Cattle Industry News By Category: Economics

28 January 2020
CME: Latest COF Report In-line with Pre-report Estimates
US - Before we dive into Friday’s "Cattle on Feed" report, a highlight from last week was the volume of slaughter cows hitting a five year high, writes Steiner Consulting Group, DLR Division, Inc....
Coronavirus fears cause falls on daily limits for US hogs and cattle
US hog and cattle contracts fell on their daily trading limits on 27 January, hitting multi-month lows on fears about the spread of a coronavirus in China....
WA Dairy Farmers Not Getting Fair Share in 'Tough' Milk Industry
AUSTRALIA - WA’s dairy farmers have issued a dire warning saying they’ll be forced to leave the industry if they don’t get paid more for their milk....
Arla Foods Amba Confirms February Milk Price
UK - The Arla on-account prices for conventional and organic milk will remain unchanged for February 2020. ...
27 January 2020
Share Prices of Dairy Industry See Slight Increase in 2019
VIETNAM - The dairy industry grew 0.5 percent in market capitalisation in 2019, much lower than the average growth of 7.7 percent of the VN-Index, according to a report issued recently by SSI Securities Joint Stock Company (SSI)....
Cattle futures hit multi-month low amid coronavirus fears
On Friday, US live and feeder cattle futures hit their lowest prices in months amid fears of the coronavirus spreading. ...
24 January 2020
Dairy Co-ops, Companies Spar Over Allowing Imported Milk Powder
INDIA - Private and co-operative dairies are at loggerheads with each other over a sharp rise in the prices of skimmed milk powder (SMP)....
NFU Responds to CCC Report on Land Use
UK - NFU President Minette Batters yesterday responded to a report by the Committee on Climate Change (CCC) about land use in the UK, expressing how she was pleased "to see the report acknowledge that British farming produces some of the most sustainable...
Chinese Tariff Rate Quota Policy Severely Impacts US Wheat Exports
CHINA - The US and China recently agreed to a phase one trade deal that aims to resolve the current trade war between the two countries. But that is just the latest development in longstanding and complicated US-Chinese trade disputes....
21 January 2020
What’s the best way to improve the UK’s farm productivity?
Tim Mordan from the UK’s Department for Environment, Food and Rural Affairs gives a policymaker’s perspective on how the UK can improve its farm productivity and safeguard the environment as it leaves the EU trading bloc....
16 January 2020
First Phase of US-China Trade Deal Finalised
US - In an effort to ease tensions between their two countries, President Donald Trump and Chinese Vice Premier Liu He yesterday signed the first phase of a trade agreement. At the time of the signing, the deal’s text had not yet been published. ...
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. ...
 
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