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Cattle Industry News By Category: Economics

13 May 2021
EU and Northern Ireland risk being cut off from vital UK meat trade, says BMPA
Nick Allen from the British Meat Processors Association (BMPA) writes that the post-Brexit meat export system threatens to cut off the UK's trade with the European Union and Northern Ireland. ...
UK NFU calls for strengthened trade standards as part of Action Plan for Animal Welfare
The National Farmers Union has welcomed the recent raft of animal welfare measures proposed by the government, but says that the improved standards should apply to both imported and domestic goods. ...
10 May 2021
CME update: cattle futures rise on improved US beef prices and an upswing in demand
US cattle futures rose on 7 May as strong beef prices and demand for red meat that catapulted margins for beef processors....
Trade, workforce development and climate action are the key priorities for Australian farming, says NFF
Australia's National Farmers Federation (NFF) is petitioning the government to make further investments in trade development, climate adaptation and the agricultural workforce ahead of the 11 May federal budget....
08 May 2021
Consumers likely to consider health and environmental impacts of food after the pandemic
A panel of experts explains that health and environmental sustainability are influencing consumers' shopping decisions - and that this trend is likely to continue....
07 May 2021
Weekly beef and dairy digest: US takes a firmer stance on China
In this week's beef and dairy digest, Jim Wyckoff walks us through the latest USDA data on the cattle industry. ...
World food price index climes to highest point since mid-2014
World food prices rose for an eleventh consecutive month in April 2021, hitting their highest level since May 2014....
06 May 2021
FHA Match: Dairy – Showcasing finest collections of dairy products and dairy alternatives
As a key component in cuisines around the world, the use of dairy as an ingredient or as the produce itself is both widespread and versatile....
04 May 2021
South Korean dairy boss quits over claim yogurt drink effective against COVID-19
The chairman of a major South Korean dairy company stepped down on 4 May after police launched an investigation into the company's assertion that its yogurt drink was effective in fighting the novel coronavirus....
30 April 2021
CME update: live cattle futures gain on uncertainty in grain complex
US live cattle futures rose on 29 April as mixed grain trade offered some relief for feed costs....
US NFU welcomes legislative priorities announced in President Biden's Congressional Address
President Biden's strategy for economic recovery, immigration reform and climate action have been welcomed by the National Farmers Union....
29 April 2021
Editorial - The European Commission must move away from abstractions when discussing agriculture
In an opinion piece, Copa and Cogeca Vice President and crop farmer Pedro Gallardo explains that the European Commission's response on novel genomic techniques (NGTs) must evolve beyond an abstract debate and focus on workable solutions. ...
28 April 2021
Feeding cattle seaweed reduces their GHG emissions 82%
A bit of seaweed in cattle feed could reduce methane emissions from beef cattle as much as 82 percent, according to new findings from researchers at the University of California, Davis....
27 April 2021
AHDB's showcase in Singapore gives boost to UK cheese makers and exporters
Cheese connoisseurs in Singapore had the opportunity to sample some of the best of British this month, resulting in a number of potential opportunities for dairy exporters....
Brazil’s meatpackers turn to wheat as a feed alternative as corn prices surge
Large Brazilian meatpackers are embracing wheat as they try to fend off a rise in the cost of corn, the main livestock feed ingredient....
26 April 2021
Canada's 2021 budget to include climate action for the ag sector
Budget 2021 is the Government of Canada's plan to finish the fight against COVID-19 and ensure Canada remains on a robust economic footing - and climate-friendly agriculture is a key strategy. ...
5 starter tips to help protect your farm data
Producers and small businesses across Australia’s red meat and livestock industry can protect their data from common cyber-attacks with a new, easy-to-read guide about cyber security, that’s available to download for free....
24 April 2021
Home cooking and alcohol drove global grocery sales in 2020, says Kantar report
The global grocery sector grew by a record 10% in 2020 according to industry data, as pandemic restrictions forced consumers to stay at home....
23 April 2021
Weekly beef and dairy digest: analysis of Spain's meat sector
In this week's beef and dairy digest, read about Spain's meat sector and China's changes to its feed guidelines. ...
USDA wants farmers' ideas on how food supply chains can be strengthened
The USDA is seeking public comments on how to make the US food system supply chains more resilient, diverse and secure. ...
22 April 2021
Brazil’s meat lobby says new tariff waiver allows cheaper corn imports from US and Ukraine
Brazil’s decision to temporarily waive tariffs on grain imports could pave the way for cheaper corn from the Ukraine and US that could undercut Mercosur-based grain growers, says ABPA leader....
20 April 2021
CME update: live cattle futures extend their slide
US live cattle futures fell on 19 April, extending their slight to eight straight sessions on long liquidation and signs that surging wholesale beef prices may have reached a seasonal top....
Agriculture contributes over €170 billion to EU GDP, says Eurostat data
In 2020, the agricultural sector contributed an estimated €171.9 billion towards the EU’s GDP, the equivalent of 1.3% of the total....
19 April 2021
CME update: cattle futures fall on demand concerns
US cattle futures ended weaker on 16 April, with the June live contract notching its seventh straight losing session....
New speaker series showcases agriculture's role in global nutrition
Farm Journal Foundation kicked off its annual Speaker Series with an event highlighting agriculture’s unique role in addressing challenges to global nutrition....
16 April 2021
Michelin-rated chef's $20 takeaway burger a hit in Amsterdam
The Waldorf Astoria hotel in Amsterdam, with a two Michelin star chef and rooms starting at $700, initially balked at the idea of offering burgers for delivery. Then reality hit....
15 April 2021
US beef and cattle prices are rising on stronger-than-normal seasonal demand
Beef and beef cattle prices are experiencing an upward trend as the US economy emerges from a year-long pandemic, writes Adam Russell with the Texas A&M AgriLife Extension Service. ...
 
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