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Cattle Industry News By Category: Economics

06 July 2021
Global agriculture prices are expected to drop in the coming years, but progress on hunger and climate aren't certain
The recently published OECD-FAO Agricultural Outlook shows that global-agrifood systems need to transform to meet the Sustainable Development Goals and weather climate challenges by 2030....
5 ways animals help reduce global poverty
Tonight, one in eight people around the world will go to bed hungry. At Heifer International, we believe livestock has a really important role to play in ending global hunger and poverty. Here are 5 reasons why....
05 July 2021
EU's agriculture trade posts sharp increases in March 2021
After a slow start to 2021, EU agri-food trade reached a value of €75.8 billion between January and March, 4% less than the same period in 2020. ...
Analysis shows China changing its grain buying tactics as the US market becomes volatile
Strong demand for grains from China set to continue, but it will shift to opportunistic buying when prices soften....
04 July 2021
The cost of a cookout for the 4th of July is close to a year ago
New analysis from the American Farm Bureau Federation (AFBF) finds that US consumers will pay just a few cents less for their favorite Independence Day cookout foods compared to last year, including cheeseburgers, pork chops, chicken breasts, homemade...
02 July 2021
US reassesses "Product of USA" label in new transparency effort
The USDA has announced a "top-to-bottom" review of the voluntary "Product of USA" label to strengthen the standard, improve transparency and consumer safety. ...
Brazil beef exports to US rise amid China-Australia trade spat
Strained trade relations between China and Australia have prompted Chinese importers to buy more US beef, making room for Brazil to increase exports to the United States, trade data show....
Weekly beef and dairy digest: global dairy outlook from the USDA
US beef export sales posted a marked decline this week as the Biden administration moves to sell its infrastructure deal in rural America. ...
EU agrees three-month ceasefire with UK in "sausage war"
The European Union has agreed to a ceasefire with the United Kingdom in a post-Brexit dispute dubbed the "sausage war" by extending a grace period for shipments of certain meat products from Britain to Northern Ireland....
01 July 2021
Australia's farmgate production set for a record-breaking $66.3 billion in 2021
Australia's farming sector has weathered upsets from COVID-19 and the changing international trade landscape and is on track for a record-breaking production output of $66.3 billion this year, according to recent ABARES analysis....
30 June 2021
May 2021 US Cold Storage report shows declines in beef and other meat supplies
The most recent Cold Storage report from the US shows that stocks of red meat and poultry have declined alongside supplies of chilled fruit, according to AFBF market analysis....
Sales of sexed dairy semen in the UK double
Sales of sexed dairy semen have doubled over the last two years according to a recent AHDB survey of breeding companies....
Stretched global supply chain means shortages on summer menus
Various restaurants across the United States, South Korea and Britain are reporting shortages of key menu items as the economy re-opens from COVID-19 shutdowns....
US judge blocks $4 billion debt relief program for minority farmers
A US federal judge has temporarily blocked a part of the Biden administration's federal stimulus relief package that forgave agricultural debts to farmers of color....
29 June 2021
Australia's meat sector hails UK trade deal as "historic"
The Australian red meat industry’s European market access priorities have received a real boost in the last fortnight with the agreement in-principle (AIP) of an Australia-United Kingdom Free Trade Agreement (A-UK FTA)....
European Commission Vice President sees resolution to UK chilled meat issue this week
The Commission’s Vice-President Maros Sefcovic said on 28 June said he was confident that agreement could be reached within the European Union in the coming 48 hours to avoid a ban on chilled meat product exports from Britain to Northern Ireland....
China is world’s largest imported beef market in 2021
China has defended its newfound mantle as the world’s largest imported beef market this year. ...
28 June 2021
CoBank: US Dairy Exports to Southeast Asia Can Expand, if Processors Add Versatility
US milk production continues to increase faster than domestic demand, raising the need for export market growth. And Southeast Asia, with an expanding population and rising middle class, remains the biggest growth opportunity for US dairy exporters....
Argentine government's limit on beef exports hurts production, says farmers
Argentina's new policy of limiting beef exports for the rest of this year will hurt production, ranchers said in a statement on Wednesday that signaled rising tensions between the agricultural sector and the center-left administration....
EU's efforts to manage milk market disturbances missed the mark
A new report from the European Court of Auditors finds that the trading bloc's support measures for milk producers who were affected by the Russian import ban was not sufficiently targeted. ...
25 June 2021
Weekly global protein digest—June 24, 2021
Market analyst Jim Wyckoff shares news and information from US and around the globe. ...
Beef cattle grazing more help than harm for endangered plants, animals
Research recently published in the journal Sustainability documents a role for livestock grazing to support the conservation of imperiled plant and animal species in California....
How has EU beef and lamb demand fared so far in 2021?
Overall demand for beef across Europe has been under some pressure in 2020 and this has continued into 2021....
22 June 2021
OECD says that food supply success during COVID-19 belies wasteful farm policies
Emergency measures by governments helped keep food supply functioning during the COVID-19 pandemic, but agricultural policies continue to pour out subsidies inefficiently without encouraging sustainable production, according to new analysis from OECD....
UK farmers urge PM to outline his plan for the future of British agriculture and trade
The National Farmers Union is encouraging the Prime Minister and his government to showcase a comprehensive strategy to manage the impact of opening the UK market to major agricultural exporters. ...
21 June 2021
UK wants an additional three-month “grace period” in EU meat export spat
Britain asked the European Union for a further three months to resolve a dispute over whether chilled meat products such as sausages, produced in the mainland United Kingdom, can continue to be sold in Northern Ireland....
Why do four large companies control the US beef and meat industry?
US lawmakers are seeking increased oversight of the beef sector as concerns about anticompetitive behavior increase after the pandemic and a cyberattack on a major meat company, JBS USA....
20 June 2021
The digital divide risks leaving millions of rural families in poverty
The lack of digital infrastructure is slowing the flow of remittances, leaving millions of rural families across the globe in poverty says IFAD....
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