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Cattle Industry News By Category: Economics

11 February 2021
A closer look at the UK's free trade agreement with Japan
A UK-Japan Comprehensive Economic Partnership Agreement had been agreed in principle by the two parties, so what does it include? ...
British meat processors set up shop in EU to avoid red tape
Meat processing companies in the United Kingdom are registering their businesses in the European Union to bypass export delays as Brexit erodes their ability to trade....
10 February 2021
German Agriculture Minister champions the opportunities available in the livestock industry
German Federal Minister of Food and Agriculture Julia Klöckner and German Agricultural Society (DLG) President Hubertus Paetow highlight the advances of the German agricultural industry in address at EuroTier Digital 2021....
Editorial - We can get astronauts into space, but not pork chops to Paris
Talk radio host Ian Collins in a recent interview with Peter Hardwick, BMPA’s Trade Policy Advisor, remarked on the irony of watching astronauts in Elon Musk’s space shuttle “waving at the camera as they head off to the moon” while down here on...
A year of challenges for red meat exports
The year 2020 was extraordinary, full of numerous challenges and unique circumstances, many of which were driven by the outbreak and rapid spread of COVID-19 around the world. However, the prominent influence on Australian red meat exports was the contraction...
09 February 2021
What does the Brexit deal mean for the Irish beef sector?
After years of uncertainty since the Brexit referendum in 2016, a deal on the future relations between the European Union and the UK has finally been sealed....
08 February 2021
CME update: live cattle futures top one-year high on strong demand
US live cattle futures reached their highest point in a year on 5 February, while March feeder cattle futures slid back from previous highs....
05 February 2021
NFF Australia prioritises trade, labour regulations and climate readiness in proposed budget
Farmers have provided a detailed list of what Government can do to propel the sector’s contribution to Australia’s COVID-19 economic recovery and to support a continued prosperous future....
Weekly beef and dairy digest: meatpackers face investigation
Global food prices reach their highest level in more than six years and major meat companies face scrutiny for alleged worker safety violations. ...
UN food price index hits 6½-year high, prompting fears of global food inflation
Global food prices rose for an eighth consecutive month in January, reaching their highest level since July 2014....
04 February 2021
Irish Farmers Association calls for in-depth analysis of EU Green Deal
The President of the Irish Farmers Association (IFA) has called for the Minister for Agriculture to conduct an impact analysis of the EU’s Farm to Fork and biodiversity strategies to account for economic and social implications of the policies....
CME update: cattle futures slip despite solid domestic demand
US live and feeder cattle futures settled lower on 3 February as traders pin hopes on increased meat demand from China....
03 February 2021
Bull run in US grain futures markets is in high gear, but for how long?
US grain futures markets the past few months have rallied strongly, setting multi-year highs. As of this writing, nearby corn futures have notched a 7.5-year high of $5.55 3/4 a bushel, nearby soybean futures a 6.5-year high of $14.38 1/4 a bushel and...
CME update: cattle futures advance on strong meat demand
US live and feeder cattle futures rose on 2 February as both domestic and export demand for beef improve....
02 February 2021
Lights out: Brexit shuts off market for English cheese truckles
An English company that has long been selling its wax-coated mini barrels of cheese directly to European consumers says it can no longer do so because of Brexit, pushing it to consider new investment in France....
What's on the horizon for UK agriculture?
The latest Agri-Market Outlook from the AHDB explores the UK farm sector's prospects for 2021. ...
01 February 2021
White House plans to review terms of US-China trade deal
The Biden administration will review all national security measures put in place by the former administration, including the US-China Phase 1 trade deal signed in January 2020....
CME update: live cattle futures slip on end-month profit-taking
US live cattle futures closed lower on 29 January as traders booked profits at the end of the week and month while Wall Street equity markets declined....
New reports shows UK shoppers backing British farmers
A new report from the AHDB finds that consumer attitudes towards UK farmers have grown more positive amid a challenging year and significant upheavals in the agriculture sector. ...
31 January 2021
OECD encourages governments to opt for a "food systems" approach to address mounting challenges
Instead of viewing challenges like environmental sustainability, food security and economic livelihoods in isolation, leaders should adopt a "food systems" model and take a more holistic approach when crafting solutions....
29 January 2021
Weekly beef and dairy digest: Impact of US government takes action against COVID-19
Recent government actions in the US could have profound impacts on the dairy industry and China's agriculture sector begins to restructure. ...
Analysis: how the Biden Administration's new approach will affect food and agriculture
After his inauguration on 20 January, President Joe Biden began implementing his agenda, issuing more than three dozen executive orders, proclamations and memoranda on a wide range of issues. ...
EU greenlights more state aid for virus-hit firms and agriculture
The European Union has decided to extend its looser competition rules and provide more state aid for firms adversely affected by COVID-19....
28 January 2021
USDA temporarily suspends debt relief for thousands of distressed farm loans
The USDA has temporarily suspended debt collections, foreclosures and other activities on farm loans due to the ongoing coronavirus crisis....
27 January 2021
CME update: rising beef prices buoy live cattle futures
US live cattle futures rose on 26 January for a fourth straight session, with deferred months setting life-of-contract highs....
Trade agreements have a positive impact on EU agriculture - Commission study
An EU Commission study finds that trade agreements had a positive impact on the agri-food sector, leading to increased exports and a net positive trade balance. ...
Global milk supply growth forecast to slow in 2021
Despite the disruption to food markets by coronavirus early in the year, dairy markets recovered quickly and remained surprisingly robust through 2020, writes Patty Clayton, analyst with AHDB. ...
26 January 2021
President Biden moves to address food insecurity through executive order
President Joe Biden has signed an executive order (EO) that increases food assistance for families missing meals due to school closures and gives additional funding for SNAP....
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