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Cattle Industry News By Category: Markets

04 January 2021
Food Price Report: Families to Pay $695 More for Food in 2021
Meat and vegetables are behind the expected overall 3% to 5% increase in food prices in 2021, according to the annual Canada’s Food Price Report....
03 January 2021
UK secures "listed status" to protect £5 billion animal export market
The UK has been granted "national listed status", ensuring that exports to the EU of live animals and animal products can continue after the end of the Brexit transition. ...
01 January 2021
CME update: live cattle futures end on a high, but post a 9 percent decline for the year
US live cattle futures closed higher on 31 December, buoyed by fund-driven buying, strong weekly export sales data and optimism about consumer demand for meat in the coming months....
Jim Wyckoff's weekly global protein digest
Jim Wyckoff shares his weekly outlook for the global protein market, including news about US Milk prices, bird flu in South Korea, protein supply in China and Brexit highlights. ...
31 December 2020
A closer look at Singapore’s protein imports
On the 10 December, the UK signed a free trade agreement with Singapore which maintains UK access to that market after the UK leaves the EU....
CME update: live cattle futures fell as corn prices skyrocket, ratcheting up feed costs
US live cattle futures sank on 30 December for a second straight session as surging corn prices signalled rising feed costs and pressured feeder cattle futures....
Argentina suspends corn exports to safeguard domestic food supplies
In a surprise move, Argentina’s agriculture ministry has suspended sales of corn for export until 28 February as part of a strategy to ensure domestic food supplies....
2020: The year of the cull cow
Now is a good time for US beef producers to take advantage of stronger than normal prices for culled cattle, says University of Missouri Extension agricultural business specialist Wesley Tucker....
30 December 2020
CME update: Live cattle futures fall amid larger Wall Street drop
US cattle futures retreated on 29 December after hitting a near three-month high in the previous session as rising feed costs and a downturn in equities markets triggered selling....
29 December 2020
Ireland breathes sigh of relief as “least bad” Brexit deal clinched
Irish Taoiseach (Prime Minister) Micheál Martin has expressed relief on 24 December after the UK and European Union agreed a last-minute trade deal....
CME update: live cattle futures reach three-month peak as markets strengthen
US cattle futures reached the highest level in nearly three months on 28 December on firming cash market prices, new economic stimulus and hopes for improved beef demand....
28 December 2020
Farming organisations across the EU react to Brexit trade deal
Farming unions from the UK and the EU are breathing a sigh of relief after a post-Brexit trade agreement has been formalised, but warn that governments must act quickly to avoid border chaos....
Mailbox Milk Prices Expected to Normalize in 2021 Following Year of Extreme Volatility
The pandemic in 2020 caused unprecedented market volatility in dairy prices, leading to lower milk checks for dairy producers and breaking the relationship between monthly mailbox milk prices and Class III milk prices. ...
25 December 2020
Australian cattle prices remain at premium to global competitors
Global cattle prices remain disjointed, with a variety of supply and demand factors influencing sharp price movements throughout the year, according to Meat & Livestock Australia. ...
Weekly global protein digest
US beef net sales of 6,000 MT reported for 2020 were down 40 percent from the previous week, but up noticeably from the prior 4-week average. ...
23 December 2020
Forage planning increases milk production in Brazil by 40%
The forage planning has proven effective for increasing milk production in the properties Bucket Full of Rio Grande do Sul....
Meat and Livestock Australia Reflects on 2020, Looks forward to 2021
Meat and Livestock Australia (MLA) Managing Director Jason Strong, and General Manager - International Markets, Andrew Cox, reflect on the remarkable year that has transpired in 2020 with MLA International Business Manager, Josh Anderson....
Rabobank Q4 2020: Changed Beef Consumption Following Covid-19 Create Opportunities
The global Covid-19 pandemic and African swine fever (ASF) have changed beef consumption patterns through 2020. ...
22 December 2020
UK's new Global Tariff will offer some safeguards for farming sector
The government’s new import tariff regime will provide certainty for farmers by largely maintaining import tariffs at present levels, the NFU said after legislation implementing the UK Global Tariff (UKGT) was laid in Parliament....
Farm lobby supports Australia's WTO case against China
Australia's National Farmers Federation has voiced its support for a rules-based trading system as Australia begins a WTO dispute settlement process with China....
21 December 2020
Australian cattle resilient throughout 2020
For the Australian cattle market, trying to capture how 2020 unfolded is a difficult task, as pandemic-induced disruptions and changing seasons resulted in unpredictable situations unfolding. ...
Rabobank: Global Dairy Q4 2020 - Tepid Supply Growth Awaits a Booster Shot for Demand
As a challenging 2020 ends, more optimistic projections set the tone for 2021....
Food trends expert shares how COVID-19 is changing food service
The COVID-19 pandemic has undoubtedly had devastating effects on the restaurant industry, and a University of Guelph food and agri-business forecaster expects many more changes still to come. ...
UK milk production in November another 25 year high
According to an AHDB survey, November deliveries are provisionally put at 1,009m litres, 2.0% above last year and the highest November volume since 1995. This is despite a revision to the weighting we use to convert survey results into an estimate for...
18 December 2020
CME update: cattle futures firm, reaching a two-week high
US cattle futures posted a second straight day of gains on technical buying on 17 December, reaching a two-week high....
UK organic farmers can get extra support ahead of Brexit
Leading initiatives support imports and exports of organic goods after Brexit. ...
17 December 2020
British meat industry calls for an "orientation phase" after Brexit transition period ends
The British Meat Processors Association (BMPA) is calling for an "orientation phase" from 1 January to account for the UK Government's lack of Brexit preparation....
16 December 2020
Royal Agrifirm Group and PMI announce marketing partnership to expand feed portfolios, market access
Two leading global agricultural cooperatives, U.S-based Land O’Lakes, Inc. and The Netherlands-based Royal Agrifirm Group announce a new strategic partnership in functional feed additives to expand presence and product portfolio through a global market...
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