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Cattle Industry News By Category: Markets

16 August 2020
Brits turn to takeout during COVID-19 lockdown
Data from AHDB shows that Brits are buying more take-out than they did before lockdown, with latest figures showing a 2 percent rise in orders compared to March 2020. ...
14 August 2020
CME update: cattle futures gain ground as slaughter rates and exports rise
CME live cattle futures continued their rally on 13 August, holding to a nearly six-month peak in prices as exports to China grew....
Global beef digest: US net sales trend downward
Read the latest global beef industry updates from Jim Wyckoff. ...
13 August 2020
Chile and Brazil formalise trade pact
Chile’s Senate has approved a free trade agreement with Brazil, cementing the long-standing economic relationship between the two countries....
CME update: cattle futures set five-month high as beef prices post additional rises
CME live cattle futures reached a five-month high on 12 August while feeder cattle futures neared a six-month peak, bolstered by increasing boxed beef prices....
12 August 2020
COVID-19 resurgence puts pressure on New Zealand economy, especially dairy sector
New Zealand stocks registered their worst close in a month on 12 August after the country reported its first cluster of coronavirus cases in over 100 days....
CME update: cattle futures rise in line with US beef prices
CME live cattle futures rose on 11 August, bolstered by increasing beef prices....
11 August 2020
US Senators call for tariffs to be removed on food items from the European Union
A bipartisan groups of 13 US Senators have asked the US Trade Representative to remove the 25 percent tariffs on food, wine and spirits from the EU....
CME update: cattle futures gain ground on strong cash markets
CME live cattle futures rose on 10 August as the cash market strengthened and packers signalled a pick-up of slaughter rates....
10 August 2020
US farm groups need more time to apply for COVID-19 aid
28 farm groups in the United States have asked the US Department of Agriculture to extend the deadline for farmers to apply for COVID-19 assistance payments....
Grocery fees could negatively impact Canadian consumers
Canada's agriculture and food processors warn that arbitrary fees imposed by large grocery retailers could raise prices for Canadian consumers and impact overall food security. ...
07 August 2020
US senators lock horns over livestock bill
Two senior Republican senators from leading farm states are at odds over legislation aiming to make cattle markets more transparent....
06 August 2020
World food prices extend rebound during July
The world food price index has been updated, showing that prices rose for the month of July....
CME update: cattle futures stabilise as supplies remain high
US live cattle futures steadied on 5 August as investors were unwilling to push the market above recent surges due to high cattle supplies....
05 August 2020
Taiwan strengthens trade relationship with Paraguay with cattle imports
Taiwan’s beef imports from Paraguay are expected to be 10 times higher than they were in 2015....
China and US to review trade deal on 15 August
Senior officials from both countries will review the implementation of the Phase 1 trade deal during a 15 August video conference....
04 August 2020
Major grains plant in Argentina restarts production after coronavirus shutdown
The COFCO grains plant in Argentina has come back online after 12 cases of COVID-19 have been confirmed among workers....
CME update: cattle futures continue rising
US live cattle futures continued their winning streak on 3 August, as fund buying sparked the gains to expected strength in the cash markets....
01 August 2020
Ireland’s cattle trade shows that factories can afford to pay more for meat
Ireland’s strong cattle trade shows that, “factories can afford to pay more,” according to the Irish Farmers’ Association (IFA)....
31 July 2020
China orders regular COVID-19 tests at wholesale markets
China has asked local authorities to carry out regular coronavirus tests at wholesale markets as part of a holistic strategy to control the spread of the COVID-19 pandemic....
China to permit foreign investment in livestock breeding
China’s state planner has said it will encourage foreign investment in livestock and poultry breeding from 2020....
CME update: cattle futures rise on strong export figures
US live cattle futures closed higher on 30 July for a third straight session, strengthened by high weekly beef export sales....
30 July 2020
Newest round of US COVID-19 relief earmarks additional cash for agriculture
The Health Economic Assistance Liability Protection and Schools (HEALS) Act, introduced earlier this week in the US Senate, would provide an additional $20 billion to the USDA to aid farmers and ranchers....
CME update: cattle futures inch higher
US live cattle futures closed higher on 29 July for a second straight session as cash cattle prices become stronger....
China may miss US farm import target for 2020
The ambitious $36.5 billion import target for US farm goods to China is falling further out of reach after seven months of disputes....
29 July 2020
CME update: live cattle futures rise as cash prices strengthen
US live cattle futures firmed on 28 July, supported by expectations of higher prices in the cash market for slaughter-ready cattle....
28 July 2020
Amazon enters the UK grocery delivery space
Amazon has announced that it will begin free deliveries of groceries in the London area on 28 July....
CME update: live cattle futures fall amid ongoing supply concerns
US live cattle futures had a strong opening on 27 July but fell from session highs on technical selling and potential oversupply concerns....
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