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Cattle Industry News By Category: Economics

21 September 2020
Mountain cheese is first artisanal product to receive Arte Stamp in Santa Catarina
The state of Santa Catarina has started to deliver the Arte Stamp for handmade products. The first product to receive certification in the state was mountain cheese produced by the Zanelato family, in the municipality of Bom Retiro. ...
“Agri-Food Companies Must Get Ready for Brexit” - Urgent Message to Stakeholders
The Minister for Agriculture, Food and the Marine, Charlie McConalogue T.D., has called on companies in the agri-food and fisheries sectors to urgently complete their preparations for the new trading arrangements that will pertain between the EU and UK...
Top 3 feed questions from Friday’s USDA estimates
The USDA is often cautious when it comes to revising forecasts, using what can be evidenced. Last Friday, the forecasts for Russian wheat production plus Chinese imports remained unchanged though there was some industry expectation for increases. Meanwhile...
18 September 2020
Weekly global protein digest
Following are the latest developments on the world protein front....
17 September 2020
Did coronavirus impact UK dairy trade?
The coronavirus pandemic has inevitably had an impact on global trade, with IHS Markit dubbing April-June 2020 “the worst quarter in trade on record”. ...
Economic significance of Australia’s red meat, livestock industry
The recently released State of the Industry Report 2020 shows that domestic and export sales of red meat and livestock in 2018-19 totalled $28.5 billion, of which red meat exports contributed $17.2 billion and domestic sales accounted for the remaining...
16 September 2020
China meat imports surging
June import data shows the demand for animal protein in China continues to thrive across all species. Driven by the pork shortage caused by African Swine Fever (ASF), import demand has accelerated since early 2019....
15 September 2020
Forage Testing Can Save Dollars
As cow-calf producers strive to reduce feed costs by finding different avenues to increase grazing days, many still have to use harvested forages in their year-round feeding program....
14 September 2020
China to suspend imports from companies if shipments of frozen food test positive for COVID-19
Chinese customs officials will suspend imports from companies for one week if frozen foods test positive for COVID-19....
CME update: live cattle futures rise as shifts in pork market could mean increased consumption of beef
Traders report that increased sales of US pork to China could push up prices, spurring US consumers to buy more beef....
13 September 2020
New data shows EU agriculture sector weathering COVID-19 and Brexit
EU economic data shows slight increase in agri-food trade despite the coronavirus pandemic and Brexit challenges. ...
11 September 2020
New Zealand mulls changes to livestock exports by sea after ship capsizes
New Zealand has launched a review of its livestock exports by sea one week after a ship carrying nearly 6,000 cows and 43 crew members capsized off Japan....
CME update: live cattle futures close higher, bolstered by optimism in pork market
CME live cattle futures edged higher on 10 September, despite declining cash cattle and wholesale beef prices....
New study highlights the struggles facing Kenyan farmers
A new study from 60 Decibels, a tech-enabled impact measurement company, shows an economic crunch for Kenya's farmers....
Weekly protein digest: Australia rebuilds beef herd and Ukraine faces uphill battle
Read the latest global cattle industry updates from Jim Wyckoff. ...
10 September 2020
EU mulls strategy as Britain moves to break Brexit deal
The UK and European Union will hold emergency talks on 10 September over Prime Minister Johnson’s plan to renege on key aspects of the Brexit divorce agreement....
CME update: cattle futures close lower as cash trade falters
US live cattle futures sank on 9 September on a disappointing start to the cash cattle trade....
UK political leaders show support for farming on Back British Farming Day
Boris Johnson and Sir Keir Starmer have both shown their support for the British farming industry today by wearing a Back British Farming Day wool and wheat pin badge during Prime Minister’s Questions....
09 September 2020
China buys 664,000 tonnes of US soybeans, its biggest daily purchase in nearly 7 weeks
USDA data shows Chinese buyers booking 664,000 tonnes of soybeans, the largest daily total since 22 July, for deliver in the 2020/21 marketing year....
CME update: cattle futures rise as traders expect firmer cash prices
Live cattle futures closed higher on Tuesday 8 September as traders expected firmer cash values as supplies of market-ready cattle fall....
UK outlines its posture after Brexit
Britain will set out new details of its blueprint for life outside the European Union on 9 September when it publishes legislation that could potentially break international law....
UK NFU is urging politicians to protect British farming in post-Brexit trade deals
The NFU calls for political leaders to put their words into actions and give Parliament a say on how future trade deals impact British food and farming....
08 September 2020
British beef and pork makes a splash at two major events in China
Exporters will be flying the flag for UK pork and beef at two major events in China this month – marking the first international showcasing since the coronavirus outbreak....
British meat industry highlights weaknesses in Brexit preparations
New meat industry campaign exposes glaring weaknesses in Brexit preparations that puts £1.2 billion in trade at risk...
07 September 2020
China’s meat imports for August fall, but remain higher than 2019
China imported 832,000 tonnes of meat in August, down almost 17 percent from July – but imports remain high as Beijing seeks to counteract a domestic shortfall in pork production....
Taiwan opposition pushes for referendum to block US pork and beef imports
Taiwan’s main opposition party the Kuomintang (KMT) began a push on Sunday 6 September for a referendum to block the easing of restrictions on US pork imports....
Brazil’s Marfrig signs non-binding investment agreement in Paraguay
Brazilian beef packer Marfrig SA is exploring investment opportunities in Paraguay....
Australia squares up to Chinese economic coercion
Australia is standing up to China – potentially starting a trend of smaller countries responding to the increasingly coercive Asian economic superpower....
 
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