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Cattle Industry News By Category: Economics

30 April 2020
Cargill plans to restart Alberta beef plant on 4 May
After closing a beef processing plant in High River, Alberta due to hundreds of coronavirus infections, Cargill says it will reopen the facility as of 4 May....
CME update: US livestock futures mostly lower, with cattle being mixed
As meat processing woes persist, US live cattle futures were mixed as traders wrestled with the implications of a presidential order for US meat packing plants to remain open....
29 April 2020
RABDF’s interim survey results highlight true scale of UK dairy losses
A survey from The Royal Association of British Dairy Farmers (RABDF) finds that more than 1 million litres of milk have been discarded since the beginning of the coronavirus outbreak....
Members of US Congress urge swift and fair coronavirus relief for farmers and ranchers
Hundreds of House members, led by Republicans from Arkansas, Georgia, Illinois and Minnesota, sent a letter to President Trump requesting that COVID-19 relief be implemented as quickly and fairly as possible. ...
Front line food relief amid COVID-19 part 2 – Westside Campaign Against Hunger
How are local food relief organisations coping with the ongoing pandemic?...
28 April 2020
Candidates for Thai-Denmark Milk Land franchise
THAILAND - The Dairy Farming Promotion Organisation (DFPO) of Thailand aims to appoint a business administration representative from four candidates to support the Thai-Denmark Milk Land (TDML) franchise amid the Covid-19 crisis, DFPO deputy director...
JBS USA announces temporary closure of Green Bay beef facility
US - Over the weekend, JBS USA announced the temporary closure of its Green Bay, Wisconsin, beef production facility. ...
Arla Foods amba confirms May milk price
UK - The Arla on-account prices for conventional and organic milk will decrease by 1 eurocent for May 2020. ...
Study traces spread of early dairy farming across Western Europe
UK - A study has tracked the shift from hunter-gatherer lifestyles to early farming that occurred in prehistoric Europe over a period of around 1,500 years....
NCBA urges improvements to Paycheck Protection Programme
The National Cattlemen's Beef Association is leading a coalition of more than 35 different agricultural groups in sending a letter to leaders on Capitol Hill advising specific improvements to the Paycheck Protection Programme. ...
USMCA expected to take effect from 1 July
US Trade Representative Robert Lighthizer has notified Congress that the new US-Mexico-Canada trade agreement (USMCA) will take effect on 1 July – a month later than expected....
Marfrig resumes US beef sales amid COVID-19 disruptions
Brazilian meat packing giant Marfrig Global Foods has resumed sales of fresh beef from Brazil to the United States as the coronavirus epidemic restricts US beef supplies....
27 April 2020
Tyson Foods to temporarily halt production at major beef facility
US - Tyson Fresh Meats, Inc., the beef and pork subsidiary of Tyson Foods, Inc., will temporarily halt production at its Pasco, Washington, beef facility while team members undergo testing. Health officials in Walla Walla, Benton, and Franklin Counties...
IFA says EU Commission package completely inadequate, particularly for beef
EU - IFA President Tim Cullinan said the package announced last week by EU Agriculture Commissioner Janusz Wojciechowski will not be nearly enough to support agriculture, particularly beef farmers, through the current crisis....
Namibia's first batch of beef reaches US
NAMIBIA - Namibia's first beef consignment sent to the US around 20 February of this year has finally reached its destination....
Democrat Senators call for Attorney General to investigate price fixing in the US cattle market
Senator Doug Jones and his colleagues are calling for US Attorney General William Barr to investigate reports of price fixing in the cattle market in the wake of the coronavirus pandemic. ...
UK warehouses could reach full cold storage capacity within three weeks
The world’s biggest cold storage supplier reports that its UK warehouses could soon run out of space due to stalling restaurant demand....
CME update: cattle futures sink as profit-taking and technical selling pressure prices
US live cattle futures eased on 24 April as end-of-week sales and profit taking pressure livestock markets....
24 April 2020
Shocking that some retailers fail to stock British beef during Great British Beef Week
UK - It is inexcusable to see some of the country’s biggest retailers failing to honour their commitment to sourcing British beef, especially at a time when British prime cuts are in plentiful supply and in desperate need of a market, the NFU said yesterday....
Beef prices continue to give cause for concern
SCOTLAND, UK - Market disruption caused by Covid-19 continues to see farmgate prices for prime Scotch beef languish at an unsustainable level. ...
NCBA petitions against CFAP limitations for cattle producers
The NCBA has sent a letter to Agriculture Secretary Sonny Perdue urging against CFAP limitations for cattle producers. ...
Indonesia to allow beef imports from Brazil or Argentina
The Indonesian government is removing certain import restrictions to shore up its food supply as the coronavirus pandemic continues....
Tyson halts production at beef facility while workers undergo coronavirus testing
On 23 April, Tyson Foods Inc temporarily shuttered production at its beef facility in Pasco, Washington to test workers for COVID-19....
US union reports that more than 5,000 meat and food processing workers were exposed to coronavirus
The largest meatpacking union in the US says that more than 5,000 meat and food processing workers have been exposed or infected with the novel coronavirus....
CME update: cattle futures weaken as traders question long-term demand
US live cattle futures eased while traders struggled to determine the long-term demand impacts of the coronavirus pandemic....
23 April 2020
EU unveils €80 million support package for farmers amid COVID-19
After the European Commission unveils its aid package for the agri-food sector, farmers say that the support isn’t fit-for-purpose....
IFA calls for Government to release €24 million in unspent aid to bolster beef farmers
The shuttered food service and restaurant sectors across Europe have hobbled Irish beef exports....
CME update: live cattle futures falter due to processing slowdowns
US live cattle futures eased on 22 April as cash markets for the animals weaken due to closed processing plants, traders said....
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