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Cattle Industry News By Category: Markets

24 September 2020
CME update: cattle futures gain ground ahead of USDA report
US live cattle futures rose on 23 September as traders weighed improving slaughter rates against expectations of higher placements in the USDA’s Cattle on Feed report....
23 September 2020
CME update: cattle futures sag ahead of monthly USDA report
CME live and feeder cattle futures fell on 22 September in anticipation of Friday’s Cattle on Feed report from the USDA....
22 September 2020
Korea currently Australia’s top tenderloin market amid COVID restrictions
COVID-19 cases in South Korea have recently resurged, with new daily cases remaining above 100 since mid-August, impacting restrictions. ...
21 September 2020
“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...
Economist reviews shocks to beef industry with implications for prices ahead
The beef cattle industry has already experienced three big “shocks” this year and the effects are ongoing, but have been blunted to some extent, according to a Kansas State University agricultural economist....
18 September 2020
UK’s July beef imports remain down, exports more typical
The latest data from HMRC shows that in July UK beef imports (including primary, processed and offal) totalled 23,400 tonnes, down 12% on the year....
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...
15 September 2020
Beef exports impacted by reduced slaughter
It is remarkable to reflect on the myriad of circumstances that have faced Australia’s export industry over the past year. ...
14 September 2020
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....
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....
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....
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....
CME update: cattle futures make modest gains as demand wanes
US live cattle futures rose on Friday 4 September, but traders remain uncertain about US demand for beef....
04 September 2020
UK moves closer to no-deal Brexit
The Times reports that the UK sees just a 30 to 40 percent chance of Brexit trade deal before the end of the transition period....
CME update: cattle futures weaken as demand uncertainty continues
US feeder cattle futures hit their lowest point in over a month on 3 September as traders mulled US demand for beef....
 
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