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Cattle Industry News By Category: Economics

03 September 2021
Weekly beef and dairy digest: possible BSE case in Brazil and China's beef industry set for modest gains
US beef exports reverse their downward trajectory this week and China's cattle herd could see marginal growth in latest USDA assessment. ...
Global food prices surge in August as the FAO cuts cereal harvest outlook
World food prices jumped in August after two consecutive months of decline, pushed up by strong gains for sugar, vegetable oils and some cereals, the United Nations food agency says....
Brazil’s soy farmers are hoarding their crops in hopes that prices will rise
Brazilian soybean farmers are keeping their crops instead of selling them because they expect prices to rise further as global supplies tighten, according to brokers, buyers and sellers in the world’s largest producer and exporter of the oilseed....
02 September 2021
Argentine farmers consider grains strike over beef export cap
Argentina’s farming associations are discussing a potential grains trade strike to protest extended limits on beef exports, ramping up tensions with the government over the restrictions....
01 September 2021
Argentina extends beef export cap until the end of October
Farm sector tensions in Argentina are rising after the government decided to extend beef export restrictions until the end of October....
Opinion - There is much to be expected from the Slovenian Presidency when it comes to agriculture
Ramón Armengol, President of Cogeca, gives his take on the Slovenian Presidency's Programme for agriculture in the EU. ...
EU farmers report decreasing confidence in Q2 of 2021
Wageningen University's Agro Confidence survey shows that farmers are less confident about their medium-term prospects than they were previously. ...
Register now for the 2021 Farm Business Innovation Show
The Farm Business Innovation Show is back and promises to deliver incredible features and exclusive opportunities to help diversify and boost your revenue....
31 August 2021
Hurricane Ida damages Louisiana grain terminal and disrupts exports after making landfall
Hurricane Ida damaged a grain export elevator owned by global grain trader Cargill Inc, and rival shipper CHS Inc warned on 30 August its grain facility may lack power for weeks after the storm tore though the busiest US grains port....
US ag exports continue to set blistering pace for FY 2021
The US Department of Agriculture's Quarterly Trade Forecast shows US agriculture exports continuing their record setting pace for the rest of 2021 and sustain their growth into 2022....
UK government rejects call for new visas to ease post-Brexit truck driver shortage
Britain's government has rejected calls from retail and logistics companies to temporarily ease post-Brexit immigration rules which they say are contributing to a shortage of truck drivers and acute supply chain disruption....
30 August 2021
As shakes and chicken go off UK menus, food firms urge government to act
Britain's leading employers are pushing the government to urgently increase funding to retrain workers and allow Europeans back into key sectors as supply chains buckle under the weight of COVID-19 and Brexit....
28 August 2021
Rural America gets record-breaking investment in FY 2021
USDA investments and support for rural working capital needs will help create or save more than 12,000 jobs in rural America....
27 August 2021
What would a UK-Canada trade deal mean for cattle producers?
As the UK's trade deals with Australia and New Zealand take shape, analysts from AHDB consider the potential implications of a trade deal between the UK and Canada. ...
26 August 2021
UK beef trade picks up in June, reversing previous lag
Data from the AHDB finds that UK beef exports in June are now greater than the same period in 2020. ...
New Zealand's a2 Milk to double down on China after profit plunges 80%
New Zealand's a2 Milk is warning of continuing uncertainty in supply chains and growth in its top market China, and said it plans to double down on the world's most populous country after it reported a near 80% plunge in profit....
La Nina events could hurt Argentina's corn and soy crops
Argentina's corn and soy crops and subsequent export logistics could come head to head with dry La Nina weather, analysts say. ...
25 August 2021
USDA issues new guidance on the Packers and Stockyards Act
The National Farmers Union is welcoming new USDA guidance on enforcement of the Packers and Stockyards Act provision, saying that it helps promote economic competition. ...
24 August 2021
Australia greenlights ag-specific visa
Australia's National Farmers' Federation (NFF) has welcomed news that the government will deliver a long-sought agriculture-specific visa to shore up the workforce. ...
23 August 2021
US cattle inventory is down in latest report
Latest analysis from AFBF finds that the USDA's August Cattle on Feed Report shows decreased inventory and placements at the low end of what was forecast. ...
22 August 2021
"Brexit has left farmers in fear for their futures"
A post in The Conversation by Yorkshire-based farmer Peter Gittins has outlined the stresses and uncertainty facing UK agriculture as the country overhauls its subsidy regime....
19 August 2021
2021 NCBA: Improved outlook for cattle producers
An ag economist says all signs are pointing to an uptick in cattle prices, reports Meghan Grebner for Brownfield Ag News. ...
18 August 2021
US drought could have implications for beef exports
New analysis from Rebecca Wright of AHDB finds that US beef producers can take advantage of export opportunities despite difficulties stemming from the on-going drought. ...
Free, bespoke farm advice offered to UK farmers
The UK's AHDB has launched a new Farm Business Review service to help 4,000 farmers and growers plan and prosper in the future. ...
US food stamp program gets first update in 45 years
The US Department of Agriculture has modernized the Thrifty Food Plan and updated SNAP benefits, giving needy Americans improved access to affordable nutrition. ...
17 August 2021
CattleFax expects record beef demand in the US
Surging beef demand from US consumers and tight supplies are expected in 2022, according to research from CattleFax. ...
16 August 2021
Far East markets boost cheese exports from the UK
Cheese exports from the UK have been bolstered by the Asian and Oceania markets – with shipments up 17% on last year....
Canada moves to support cattle ranchers battling wildfires and droughts
Canada increases AgriRecovery funding to $500 million to support farmers facing extreme weather. ...
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